Exam 18: Managing Service and Manufacturing Operations

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The International Organization for Standardization (ISO) helps set standards for _____ countries.

(Multiple Choice)
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ISO 9000 is a series of five international standards for achieving consistency in quality management and quality assurance in companies throughout the world.

(True/False)
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Unlike holding cost, stockout cost:

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Carlos Corp., acar servicing company, is known for consistentlyproviding excellent services to itscustomers. In the context of the characteristics of a quality service, which of the following characteristics is being displayed by Carlos Corp.?

(Multiple Choice)
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Brass Worx is a furniture manufacturer. The company's production team takes 240 hours to produce 800 pieces of furniture. Which of the following indicates the labor productivity of Brass Worx?

(Multiple Choice)
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In the context of manufacturing operations, a moderate degree of processing occurs in _____.

(Multiple Choice)
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Customer satisfaction and customer loyalty lead to long-term profits and growth.

(True/False)
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In the context of quality-related characteristics of products and services, which of the following is a difference between serviceability and service reliability?

(Multiple Choice)
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Swiftspan Inc., a construction company, uses 202,500 gallons of paint a year. If the ordering cost is $32 per order and holding cost is $9 per gallon, the optimal quantity to order is _____.

(Multiple Choice)
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Which of the following statements best explains the term inventory?

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If a drilling rig operates 10 hours a day and takes 40 hours to drill 8 meters of earth's surface, the productivity of the drilling rig will be _____.

(Multiple Choice)
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_____ assesses how efficiently companies use only one input, such as labor, when creating outputs.

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Labor productivity typically indicates the cost or number of hours of labor it takes to produce an output.

(True/False)
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The easier it is to maintain a working product or fix a broken product, the more _____ that product is.

(Multiple Choice)
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Identify a difference between ISO 9000 and ISO 27000.

(Multiple Choice)
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The production team of Lining Corp., a company that manufactures soccer balls, has determined the quantity of latex rubber, threads, labor, and electricity required to make one soccer ball. The collective effort of all these resources would help Lining Corp. determine its _____.

(Multiple Choice)
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Woodlander is a chain of resorts where part of the employees' monthly incentives depends on customer satisfaction. Sixty percent of the incentive is based on performance and the remaining forty percent is based on customer satisfaction ratings and the class of service. In this case, Woodlander is committed to _____.

(Multiple Choice)
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Strady Gadgets is an electronic goods manufacturer. The company orders the materials required to make its products from its suppliers and completes production before customers place their orders. This type of operation is called a(n) _____.

(Multiple Choice)
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Widget Corp. produced $10 billion worth of goods in the year 2016. If the company had 50 million hours of work in 2016, the productivity of the company is _____.

(Multiple Choice)
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Economic order quantity (EOQ) formulas are intended for use with dependent demand systems.

(True/False)
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