Exam 10: Operations Management, Productivity, and Quality

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What is a Gantt chart? How do PERT charts and Gantt charts differ?

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The ________ is the group of companies and stream of activities that work together to create a product.

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What advantages are obtained from the use of a just-in-time inventory system?

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In terms of business strategy as a driver of operations, 3M uses the ________ strategy, while FedEx uses the ________ strategy.

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Describe the five elements of the long-range operations plan.

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A decline in productivity shrinks a nation's available resources so that any one person's increase in wealth can come only at the expense of others in the society.

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________, which is used to help track down what is causing quality problems, is also known as ________.

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Suppose that economists are forecasting a short economic recession followed by strong economic growth. How might a large manufacturing company adjust its capacity planning to respond to this forecast?

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What is a quality/cost study?

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Carolyn's car needs a tune-up so she has taken it to her favourite mechanic for repair. This type of service system is a ________ system.

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In a ________ system, the customer is an active participant, but in a ________ system, the customer is not an active participant.

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What is competitive product analysis?

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Which of the following is not a function of quality improvement teams?

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Which is the best description of competitive product analysis?

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George is developing information about the amount of variation in the production of electronic components. He is doing

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The use of raw materials to make, say, a washing machine is an example of the creation of form utility.

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In a same-steps layout, equipment and people are set up to produce one type of good in a fixed sequence of steps and are arranged according to its production requirements.

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In low-contact systems, capacity should be set at the level of average demand, but in high-contact systems, capacity should be set at the level of peak demand.

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What is operations capability?

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The management of the production process designed to manufacture goods or supply services that meet specific quality requirements is called

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