Exam 9: Production and Operations Management
Exam 1: Taking Risks and Making Profits Within the Dynamic Business Environment327 Questions
Exam 2: Understanding Economics and How It Affects Business314 Questions
Exam 3: Doing Business in Global Markets358 Questions
Exam 4: Demanding Ethical and Socially Responsible Behavior269 Questions
Exam 5: How to Form a Business347 Questions
Exam 6: Entrepreneurship and Starting a Small Business316 Questions
Exam 7: Management and Leadership285 Questions
Exam 8: Structuring Organizations for Todays Challenges369 Questions
Exam 9: Production and Operations Management326 Questions
Exam 10: Motivating Employees374 Questions
Exam 11: Human Resource Management: Finding and Keeping the Best Employees437 Questions
Exam 12: Dealing With Union and Employeemanagement Issues302 Questions
Exam 13: Marketing: Helping Buyers Buy252 Questions
Exam 14: Developing and Pricing Goods and Services357 Questions
Exam 15: Distributing Products315 Questions
Exam 16: Using Effective Promotions267 Questions
Exam 17: Understanding Accounting and Financial Information366 Questions
Exam 18: Financial Management300 Questions
Exam 19: Using Securities Markets for Financing and Investing Opportunities410 Questions
Exam 20: Money, Financial Institutions, and the Federal Reserve312 Questions
Exam 21: Managing the Marketing Mix: Product, Price, Place and Promotion516 Questions
Exam 22: Extension: Working Within the Legal Environment245 Questions
Exam 23: Extension: Using Technology to Manage Information189 Questions
Exam 24: Extension: Managing Risk129 Questions
Exam 25: Extension: Managing Personal Finances259 Questions
Select questions type
If a company achieves Six Sigma quality standards, they automatically win the Malcolm Baldrige award.
Free
(True/False)
4.9/5
(40)
Correct Answer:
False
Manufacturing output in the U.S. continues to increase. The high unemployment of skilled workers who previously worked in the manufacturing sector _________________________.
Free
(Multiple Choice)
4.8/5
(32)
Correct Answer:
C
In a modular manufacturing layout teams of workers combine to produce more complex units.
Free
(True/False)
4.7/5
(24)
Correct Answer:
True
Courtney was planning a new product launch. She knew that the art department was ready to work on the promotional pieces now, but they couldn't start until the strategy group established the price point and the purchasing group obtained the paper needed to make the promotional piece. Establishing price points would take about a week and was dependent on manufacturing getting the costs to the strategy group. This was expected a week from today. The purchasing group indicated the paper could be obtained locally the same day it was requested. Assuming things go as planned and based on this information, when will the art department be able to begin work on the promotional pieces?
(Multiple Choice)
4.8/5
(32)
__________ has transformed the purchasing function in recent years by helping firms find the best suppliers and the best prices.
(Multiple Choice)
4.8/5
(35)
According to the Making Ethical Decisions box titled "Do We Stay or Do We Go?" by law a firm must give employees 60 days' notice of a facility or plant closing.
(True/False)
4.8/5
(25)
___________ is a computer application that enables a firm to combine computerized functions of all divisions and subsidiaries of the firm into a single, integrated software program that uses a single database.
(Multiple Choice)
4.8/5
(35)
To strengthen its manufacturing base, the U.S. will need to continue to innovate.
(True/False)
4.9/5
(31)
Casper is in charge of a complex project. He wants to see how all the different activities involved in completing the project are related to each other. One way to illustrate these relationships would be to construct a PERT chart.
(True/False)
4.7/5
(41)
Frolichstein Fabrics promotes itself as a specialty manufacturer that will produce according to customer specifications. This firm will probably be best served by using an intermittent process in production.
(True/False)
4.8/5
(44)
______________ means tailoring products to meet the needs of a large number of individual customers.
(Multiple Choice)
4.7/5
(36)
Andre is an outdoorsman whose love of hunting and fishing led him to start an e-tail company specializing in hunting and fishing gear. He decided to locate his business near the Ozarks in southwestern Missouri, partly because of low labor costs, but mainly because the area offered excellent fishing and hunting opportunities, a low crime rate, and a pleasant climate. Ken's location decision was strongly influenced by quality of life considerations.
(True/False)
4.9/5
(35)
PERT is a popular technique for analyzing the tasks involved to complete a given project, estimating the time required to complete each task, and identifying the minimum time needed to complete the project.
(True/False)
4.9/5
(37)
Modern companies tend to deal with many different suppliers in order to avoid problems that can arise when one supplier is unable to provide needed parts or materials.
(True/False)
4.8/5
(31)
Actually, it is much easier to custom-design service programs than it is to custom-make goods.
(True/False)
4.8/5
(38)
Megatronics, Inc., obtains computer components from a variety of suppliers and puts them together according to customer specifications to create custom-made computers. This process is an example of:
(Multiple Choice)
4.9/5
(29)
A process manufacturing layout is frequently used in operations that serve different customers' different needs.
(True/False)
4.9/5
(39)
In a PERT network, a critical path is the sequence of tasks that takes the longest time to complete.
(True/False)
4.9/5
(26)
Showing 1 - 20 of 326
Filters
- Essay(0)
- Multiple Choice(0)
- Short Answer(0)
- True False(0)
- Matching(0)