Question 1

Explain and discuss the concept of operations strategies.

Accepted Answer

Operations strategies are specific plans

Question 2

Keith is struggling understanding what his manager meant when he was told to focus on the resources utilized during the transformation process. Which of the following best defines what "transformation" means in this context?

Accepted Answer

A)  converting money into various country's currencies 
B)  converting organizational resources into products 
C)  tracking human work hours into a project 
D)  tracking dollars spent on a project 
E)  converting inventory orders 
A)  converting money into various country's currencies 
B)  converting organizational resources into products 
C)  tracking human work hours into a project 
D)  tracking dollars spent on a project 
E)  converting inventory orders

Question 3

Explain the concept of a layout strategy and discuss the various types of layouts.

Accepted Answer

Layout strategy is an operations managem

Question 4

Which of the following outlines the financial plan of an organization for a particular period?

Accepted Answer

A)  income statement 
B)  balance sheet 
C)  HR design 
D)  product layout 
E)  budget 
A)  income statement 
B)  balance sheet 
C)  HR design 
D)  product layout 
E)  budget

Question 5

The performance of managerial activities that involve selecting, designing, managing, controlling and updating production systems is called ________.

Accepted Answer

A)  strategic management 
B)  tactical management 
C)  operations management 
D)  input management 
E)  service management 
A)  strategic management 
B)  tactical management 
C)  operations management 
D)  input management 
E)  service management

Question 6

Which layout strategy would be most appropriate for an organization with a limited number of different products that require high production volumes, highly specialized equipment, and narrow employee skills?

Accepted Answer

A)  product layout 
B)  process layout 
C)  functional layout 
D)  fixed-position layout 
E)  equipment layout 
A)  product layout 
B)  process layout 
C)  functional layout 
D)  fixed-position layout 
E)  equipment layout

Question 7

Which of the following is the most accurate observation of product quality?

Accepted Answer

A)  Product quality is more dependent on labor than on the other factors of production. 
B)  It is a measure of how well a product does what it is intended to do. 
C)  Quality refers to a product's ability to make an impact on the customers. 
D)  It can be defined as a ratio of the total output to the total input. 
E)  Quality refers to the design attributes that are formed internally. 
A)  Product quality is more dependent on labor than on the other factors of production. 
B)  It is a measure of how well a product does what it is intended to do. 
C)  Quality refers to a product's ability to make an impact on the customers. 
D)  It can be defined as a ratio of the total output to the total input. 
E)  Quality refers to the design attributes that are formed internally.

Question 8

Furntech Corporation manufactures and markets traditional and computer-related office products and supplies. The company is looking for ways to improve its productivity to become more competitive. Which of the following actions of the company will be least effective in improving organizational productivity?

Accepted Answer

A)  It makes necessary changes to product design. 
B)  It provides additional training to its workforce. 
C)  It automates some of its lengthy processes. 
D)  It attempts to improve its recruitment procedures. 
E)  It reduces its level of production to focus on product quality. 
A)  It makes necessary changes to product design. 
B)  It provides additional training to its workforce. 
C)  It automates some of its lengthy processes. 
D)  It attempts to improve its recruitment procedures. 
E)  It reduces its level of production to focus on product quality.

Question 9

Briefly describe JIT inventory control.

Accepted Answer

Just-in-time (JIT) inventory control is

Question 10

A manufacturing company that produces plastic products creates a plan that outlines the different ways of managing the transformation process. The plan contains detailed information about aspects such as the handling of materials, operation of the assembly line, and the labor used in production. This plan of action is called a ________ strategy.

Accepted Answer

A)  process 
B)  product 
C)  development 
D)  layout 
E)  capacity 
A)  process 
B)  product 
C)  development 
D)  layout 
E)  capacity

Question 11

________ is/are a plan of action.

Accepted Answer

A)  Systems 
B)  Strategy 
C)  Processes 
D)  Appraisals 
E)  Policies 
A)  Systems 
B)  Strategy 
C)  Processes 
D)  Appraisals 
E)  Policies

Question 12

Pure-breakdown policy involves regular activities such as machine adjustments, lubrication, cleaning, parts replacement, and painting.

Accepted Answer

A) True 
 B)False

Question 13

Human effort is often replaced by electromechanical devices in operations such as welding, materials handling, design, and drafting. This is called automation.

Accepted Answer

A) True 
 B)False

Question 14

Altratex is the manufacturer of electronic power stabilizers. The company has spent $50,000 toward the purchase of capital goods and machinery. It has also paid $8,000 toward annual building maintenance and $1,500 for annual insurance premium. The company has 15 permanent employees who earn an annual salary of $1,500 each. The company pays a 10 percent commission to retailers. The other variable costs for producing a stabilizer is $15. How many units should the company sell in order to recover its investment if each unit is priced at $40?

Accepted Answer

A)  2175 
B)  4579 
C)  3132 
D)  3905 
E)  2833 
A)  2175 
B)  4579 
C)  3132 
D)  3905 
E)  2833

Question 15

The assets available to managers for production are called ________.

Accepted Answer

A)  managerial structures 
B)  organizational layouts 
C)  process structures 
D)  organizational resources 
E)  functional layouts 
A)  managerial structures 
B)  organizational layouts 
C)  process structures 
D)  organizational resources 
E)  functional layouts

Question 16

A company uses current ratio to analyze its financial position. Which of the following information can be obtained from current ratio?

Accepted Answer

A)  efficiency of inventory management 
B)  productivity of the company's assets 
C)  information on the short-term solvency 
D)  information on the total debt of the company 
E)  information on financial leverage 
A)  efficiency of inventory management 
B)  productivity of the company's assets 
C)  information on the short-term solvency 
D)  information on the total debt of the company 
E)  information on financial leverage

Question 17

Inventory turnover is an example of a(n) ________ ratio.

Accepted Answer

A)  operations 
B)  profitability 
C)  liquidity 
D)  activity 
E)  leverage 
A)  operations 
B)  profitability 
C)  liquidity 
D)  activity 
E)  leverage

Question 18

David Lamb leads a team of engineers at Alpha technologies, a leading software company. David started his career as a program developer and is widely recognized as a subject matter expert. He is not very involved in the day-to-day management of the team and instead promotes a great deal of autonomy among team members. However, he does help out if the team comes across unanticipated problems associated with atypical tasks. This is an example of ________.

Accepted Answer

A)  management by exception 
B)  the process control method 
C)  continuous operational control 
D)  customary process control 
E)  management by objectives 
A)  management by exception 
B)  the process control method 
C)  continuous operational control 
D)  customary process control 
E)  management by objectives

Question 19

Operational tools are often used as part of a firm's human resource strategy. Which of the following is an operational tool used by managers to improve productivity and ensure the safety of workers?

Accepted Answer

A)  work methods analysis 
B)  motion-study technique 
C)  job design 
D)  work measurement method 
E)  operations control 
A)  work methods analysis 
B)  motion-study technique 
C)  job design 
D)  work measurement method 
E)  operations control

Question 20

The first step in using quality circles is ________.

Accepted Answer

A)  establishing the theme for observation 
B)  determining the objective of observation 
C)  implementing a new procedure 
D)  obtaining necessary data 
E)  determining the target rate 
A)  establishing the theme for observation 
B)  determining the objective of observation 
C)  implementing a new procedure 
D)  obtaining necessary data 
E)  determining the target rate

Explain and discuss the concept of operations strategies.

Keith is struggling understanding what his manager meant when he was told to focus on the resources utilized during the transformation process. Which of the following best defines what "transformation" means in this context?

Explain the concept of a layout strategy and discuss the various types of layouts.

Which of the following outlines the financial plan of an organization for a particular period?

The performance of managerial activities that involve selecting, designing, managing, controlling and updating production systems is called ________.

Which layout strategy would be most appropriate for an organization with a limited number of different products that require high production volumes, highly specialized equipment, and narrow employee skills?

Which of the following is the most accurate observation of product quality?

Briefly describe JIT inventory control.

________ is/are a plan of action.

Pure-breakdown policy involves regular activities such as machine adjustments, lubrication, cleaning, parts replacement, and painting.

Human effort is often replaced by electromechanical devices in operations such as welding, materials handling, design, and drafting. This is called automation.

The assets available to managers for production are called ________.

A company uses current ratio to analyze its financial position. Which of the following information can be obtained from current ratio?

Inventory turnover is an example of a(n) ________ ratio.

Operational tools are often used as part of a firm's human resource strategy. Which of the following is an operational tool used by managers to improve productivity and ensure the safety of workers?

The first step in using quality circles is ________.

Principles of Modern Management: Concepts and Skills

Managers, Society, and Sustainability

Management and Diversity

Managing in the Global Arena

Plans and Planning Tools

Making Decisions

Strategic Planning: Strategies, Tactics, and Competitive Dynamics

Fundamentals of Organizing

Responsibility, Authority, and Delegation

Human Resource Management

Organizational Change: Stress, Conflict and Virtuality

Influencing and Communication

Leadership

Motivation

Groups and Teams

Managing Organization Culture

Controlling, Information, and Technology

Appendix 1: Managing History and Current Thinking

Management and Entrepreneurship: Handling Start-Ups and New Ventures

Encouraging Creativity and Innovation

Filters

Exam 18: Production and Control

Explain and discuss the concept of operations strategies.

Keith is struggling understanding what his manager meant when he was told to focus on the resources utilized during the transformation process. Which of the following best defines what "transformation" means in this context?

Explain the concept of a layout strategy and discuss the various types of layouts.

Which of the following outlines the financial plan of an organization for a particular period?

The performance of managerial activities that involve selecting, designing, managing, controlling and updating production systems is called ________.

Which layout strategy would be most appropriate for an organization with a limited number of different products that require high production volumes, highly specialized equipment, and narrow employee skills?

Which of the following is the most accurate observation of product quality?

Briefly describe JIT inventory control.

________ is/are a plan of action.

Pure-breakdown policy involves regular activities such as machine adjustments, lubrication, cleaning, parts replacement, and painting.

Human effort is often replaced by electromechanical devices in operations such as welding, materials handling, design, and drafting. This is called automation.

The assets available to managers for production are called ________.

A company uses current ratio to analyze its financial position. Which of the following information can be obtained from current ratio?

Inventory turnover is an example of a(n) ________ ratio.

Operational tools are often used as part of a firm's human resource strategy. Which of the following is an operational tool used by managers to improve productivity and ensure the safety of workers?

The first step in using quality circles is ________.

Principles of Modern Management: Concepts and Skills

Managers, Society, and Sustainability

Management and Diversity

Managing in the Global Arena

Plans and Planning Tools

Making Decisions

Strategic Planning: Strategies, Tactics, and Competitive Dynamics

Fundamentals of Organizing

Responsibility, Authority, and Delegation

Human Resource Management

Organizational Change: Stress, Conflict and Virtuality

Influencing and Communication

Leadership

Motivation

Groups and Teams

Managing Organization Culture

Controlling, Information, and Technology

Appendix 1: Managing History and Current Thinking

Management and Entrepreneurship: Handling Start-Ups and New Ventures

Encouraging Creativity and Innovation

Filters