Question 1

Inventory includes

Accepted Answer

A)  finished goods. 
B)  work in process. 
C)  raw materials. 
D)  all of these. 
E)  work in process and raw materials. 
A)  finished goods. 
B)  work in process. 
C)  raw materials. 
D)  all of these. 
E)  work in process and raw materials.

Question 2

The ratio of total outputs to the inputs from labor, capital, materials, and energy is called the total factor productivity.

Accepted Answer

A) True 
 B)False

Question 3

Increased managerial productivity means having workers produce more output in the same time period.

Accepted Answer

A) True 
 B)False

Question 4

The product layout is most efficient when

Accepted Answer

A)  the organization produces huge volumes of custom products. 
B)  the organization produces huge volumes of identical products. 
C)  the flow of raw materials is constant. 
D)  combined with a process layout. 
E)  all of these 
A)  the organization produces huge volumes of custom products. 
B)  the organization produces huge volumes of identical products. 
C)  the flow of raw materials is constant. 
D)  combined with a process layout. 
E)  all of these

Question 5

______________________________ is the determination and adjustment of the organization's ability to produce products and services to match customer demand.

Accepted Answer

The answer of ______________________________ is the determination and adjustment of...

Question 6

In general, companies keep more safety stock when demand for items is easy to predict.

Accepted Answer

A) True 
 B)False

Question 7

Partial productivity is the ratio of total outputs to a major category of inputs.

Accepted Answer

A) True 
 B)False

Question 8

JIT inventory systems are designed to reduce the level of an organization's inventory to zero.

Accepted Answer

A) True 
 B)False

Question 9

A process layout is a facilities layout in which machines that perform the same function are grouped together in one location.

Accepted Answer

A) True 
 B)False

Question 10

__________ is the degree to which the customer can count on the product or service to fulfill its intended function.

Accepted Answer

A)  Producibility 
B)  Reliability 
C)  Cost 
D)  Quality 
E)  Simplicity 
A)  Producibility 
B)  Reliability 
C)  Cost 
D)  Quality 
E)  Simplicity

Question 11

__________ refers to a production technology in which computers perform new product design.

Accepted Answer

A)  CAD 
B)  CAM 
C)  MRP 
D)  DFMA 
E)  None of these 
A)  CAD 
B)  CAM 
C)  MRP 
D)  DFMA 
E)  None of these

Question 12

__________ is the recognition of the importance of operations to the firm's success and the involvement of operations managers in the organization's strategic planning.

Accepted Answer

A)  Operations strategy 
B)  Process layout 
C)  Operations awareness 
D)  Product layout 
E)  None of these 
A)  Operations strategy 
B)  Process layout 
C)  Operations awareness 
D)  Product layout 
E)  None of these

Question 13

__________ are designed to reduce an organization's inventories to zero.

Accepted Answer

A)  Just-in-time systems 
B)  Stockless systems 
C)  Kanban systems 
D)  All of these 
E)  Just-in-time systems and stockless systems 
A)  Just-in-time systems 
B)  Stockless systems 
C)  Kanban systems 
D)  All of these 
E)  Just-in-time systems and stockless systems

Question 14

A facilities layout in which machines that perform the same function are grouped together in one location is known as a(n) _________________________.

Accepted Answer

The answer of A facilities layout in which machines that...

Question 15

___________________________________ systems are designed to reduce the level of an organization's inventory to zero.

Accepted Answer

Just-in-ti

Question 16

Services have one additional design requirement over product designs. This requirement is called

Accepted Answer

A)  producibility. 
B)  cost. 
C)  quality. 
D)  timing. 
E)  reliability. 
A)  producibility. 
B)  cost. 
C)  quality. 
D)  timing. 
E)  reliability.

Question 17

Three types of normal inventory are finished goods, work in process, and raw materials.

Accepted Answer

A) True 
 B)False

Question 18

____________________ manufacturing is a manufacturing process using highly trained employees at every stage of the production process to cut waste and improve quality.

Accepted Answer

The answer of ____________________ manufacturing is a manufacturing process using...

Question 19

You get __________ when an organization's output of goods and services is divided by its inputs.

Accepted Answer

A)  equity 
B)  productivity 
C)  current ratio 
D)  profit 
E)  economic order quantity 
A)  equity 
B)  productivity 
C)  current ratio 
D)  profit 
E)  economic order quantity

Question 20

____________________ is the moving of finished products out to customers.

Accepted Answer

The answer of ____________________ is the moving of finished products...

Exam 21: Operations and Value Chain Management

Inventory includes

The ratio of total outputs to the inputs from labor, capital, materials, and energy is called the total factor productivity.

Increased managerial productivity means having workers produce more output in the same time period.

The product layout is most efficient when

______________________________ is the determination and adjustment of the organization's ability to produce products and services to match customer demand.

In general, companies keep more safety stock when demand for items is easy to predict.

Partial productivity is the ratio of total outputs to a major category of inputs.

JIT inventory systems are designed to reduce the level of an organization's inventory to zero.

A process layout is a facilities layout in which machines that perform the same function are grouped together in one location.

__________ is the degree to which the customer can count on the product or service to fulfill its intended function.

__________ refers to a production technology in which computers perform new product design.

__________ is the recognition of the importance of operations to the firm's success and the involvement of operations managers in the organization's strategic planning.

__________ are designed to reduce an organization's inventories to zero.

A facilities layout in which machines that perform the same function are grouped together in one location is known as a(n) _________________________.

___________________________________ systems are designed to reduce the level of an organization's inventory to zero.

Services have one additional design requirement over product designs. This requirement is called

Three types of normal inventory are finished goods, work in process, and raw materials.

____________________ manufacturing is a manufacturing process using highly trained employees at every stage of the production process to cut waste and improve quality.

You get __________ when an organization's output of goods and services is divided by its inputs.

____________________ is the moving of finished products out to customers.

Managing in Turbulent Times

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing in a Global Environment

Ethics and Social Responsibility

Managing Small Business Start-Ups

Managerial Planning and Goal Setting

Strategy Formulation and Implementation

Managerial Decision Making

Designing Adaptive Organizations

Managing Change and Innovation

Human Resource Management

Meeting the Challenge of Diversity

Dynamics of Behavior in Organizations

Leadership

Motivation

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Managerial and Quality Control

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