Exam 21: Operations and Value Chain Management

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In terms of goods produced, what are the basic differences between a manufacturing organization and a service organization?

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____________________ is the organization's output of goods and services divided by its inputs.

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The field of management that specializes in the physical production of goods or services, according to your textbook, is known as

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Name and briefly discuss where an organization should look when it decides that improving productivity is important.

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The purchasing of supplies, services, and raw materials for use in the production process is known as procurement.

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The four major outcomes on which managers focus to build a highly effective operations systems include all of the following EXCEPT:

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The costs associated with actually placing the order, such as postage, receiving, and inspection is called _________________________.

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The fixed-position layout is one in which the equipment remains in one location and the products are brought to it.

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The most common inventory control system for handling dependent demand inventory is

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With integration, more companies are opting for a partnership approach, which involves cultivating intimate relationships with a few carefully selected suppliers and collaborating closely to coordinate tasks that benefit both parties.

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______________________________ is the recognition of the important role of operations in organizational success and the involvement of operations managers in the organization's strategic planning.

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Having workers produce more output in the same time period is known as

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The most common inventory control system used for handling dependent demand inventory is manufacturing resource planning.

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A small or medium-sized automated production line that can be adapted to produce more than one product line is referred to as a

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A production technology in which computers help guide and control the manufacturing system refers to ____________________.

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When the demand for one item is related to the demand for other inventory items this is known as ________________________________________.

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The most economical level at which an inventory item should be reordered is called the _________________________.

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Using DFMA is ridiculously inexpensive.

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The best measure of how an organization is doing is

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____________________ organizations are those that produce physical goods.

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