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
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Dewey Dare is a production and operations manager with a clothing manufacturer. He has been looking into a system that will enable his company to take measurements from a customer and program machines to design and produce custom-cut clothes at little additional cost. This type of system is an example of the benefits of:
(Multiple Choice)
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Operations management in the service sector is focused on creating:
(Multiple Choice)
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The Baldrige standards measure a firm's quality in several key areas including planning, leadership, and customer and market focus.
(True/False)
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Operations management planning does not include decisions about:
(Multiple Choice)
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Facility location is the process of selecting a geographic location for a company's operations.
(True/False)
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In making a location decision, businesses seldom consider "quality of life" in various locations, because factors that influence quality of life have little or no impact on profits.
(True/False)
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Manufacturing firms focus exclusively on the production of goods and allow other firms to provide services.
(True/False)
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The purpose of determining the critical path on a PERT network is to:
(Multiple Choice)
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Operations management planning is concerned with finding the ideal location for a business and also with materials requirement planning. It leaves decisions about purchasing and inventory control to marketing.
(True/False)
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In the past, production management was about using the factors of production to create finished goods.
(True/False)
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The European Union demands that all firms that want to do business with its member nations must satisfy ISO 9000 standards.
(True/False)
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Internet-focused strategies don't affect operations managers since it is not progressive for operations managers to negotiate in an interfirm environment.
(True/False)
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Areas with higher than average labor costs are almost always at a major disadvantage when trying to attract new businesses.
(True/False)
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___________ is a set of international standards for quality management and quality assurance.
(Multiple Choice)
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A major purpose of the program evaluation and review technique (PERT) is to identify the minimum time needed to complete a project.
(True/False)
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PERT is a popular control method used by organizations. Explain the purpose of PERT analysis, and describe the steps involved in constructing a PERT network. Your explanation should include a discussion of the significance of the critical path in a PERT network.
(Essay)
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Despite its early promise, computer-aided design has not met with much success in increasing productivity.
(True/False)
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A firm would be most likely to employ statistical process control (SPC) if it wanted to:
(Multiple Choice)
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