Exam 16: Operations Management: Putting It All Together
Exam 1: Business Now: Change Is the Only Constant154 Questions
Exam 2: Business Ethics and Social Responsibility: Doing Well by Doing Good168 Questions
Exam 3: Economics: The Framework for Business170 Questions
Exam 4: The World Market-Place: Business Without Borders181 Questions
Exam 5: Business Formation: Choosing the Form That Fits145 Questions
Exam 6: Small Business and Entrepreneurship: Economic Rocket Fuel157 Questions
Exam 7: Accounting: Decision Making by the Numbers188 Questions
Exam 8: Finance: Acquiring and Using Funds to Maximize Value154 Questions
Exam 9: Financial Markets: Allocating Financial Resources166 Questions
Exam 10: Marketing: Building Profitable Customer Connections183 Questions
Exam 11: Product and Promotion: Creating and Communicating Value335 Questions
Exam 12: Distribution and Pricing: Right Product, Right Person, Right Place, Right Price175 Questions
Exam 13: Management, Motivation, and Leadership: Bringing Business to Life213 Questions
Exam 14: Human Resource Management: Building a Top-Quality Workforce140 Questions
Exam 15: Managing Information and Technology: Finding New Ways to Learn and Link163 Questions
Exam 16: Operations Management: Putting It All Together167 Questions
Exam 17: Business Communication: Creating and Delivering Messages That Matter175 Questions
Exam 18: Labour Unions and Collective Bargaining46 Questions
Exam 19: Business Law60 Questions
Exam 20: Personal Finance67 Questions
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Computer-integrated manufacturing (CIM) takes the electronic design for a product and creates the programmed instructions that robots must follow to produce that product as efficiently as possible.
(True/False)
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As a general location factor, which of the following is one of the reasons firms seek overseas sites for manufacturing?
(Multiple Choice)
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Green practices include designing facilities to be more energy efficient; using renewable energy sources such as wind, solar, or geothermal power when possible; making use of recyclable materials; switching to paints that are less harmful to the environment.
(True/False)
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Tony oversees the activities in creating the right goods and services in the right quantities and distributing them to the right customers. His decisions have a major impact on both the revenue and costs his firm incurs, and therefore on the firm's financial success. This is an example of operations management.
(True/False)
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MicroMaster advertises that its computers are backed by 24/7 toll-free technical support. However, in order to meet its goal of keeping costs as low as possible, MicroMaster located its support function in a foreign country and staffed it with a small number of poorly trained employees who had (to Canadian ears) heavy foreign accents. Thus, when customers call the support line, they often must wait on hold. Then they find themselves speaking to someone who often can't answer their questions even if the customer could understand what the tech support person was trying to say in the first place. Which of the following appears to be the case with MicroMaster?
(Multiple Choice)
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Although enterprise resource planning software is very easy to implement, once it is in place many organizations find it difficult to use because it makes data entry much more complex.
(True/False)
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An example of product layout is an assembly line where the product being produced moves from one station to another in a fixed sequence.
(True/False)
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Operations managers at Marcus Industries agree that the company is trying to handle too many supply chain functions on its own, resulting in the inefficient use of resources. This suggests that the firm may soon embark on what type of strategy?
(Multiple Choice)
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Given the nature of their products, many service firms base their facility location decisions primarily on which of the following?
(Multiple Choice)
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In project scheduling terminology, what do we call activities that must be completed before other activities can begin?
(Multiple Choice)
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Which of the following is something a firm must do in order to receive ISO 14001 certification?
(Multiple Choice)
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The selection of the best type of process for a given type of production is influenced by the cost of production and the degree to which the output is customized.
(True/False)
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Which of the following is the set of strategies and practices to eliminate waste?
(Multiple Choice)
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In operations management, quality is defined in terms of which of the following?
(Multiple Choice)
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One weakness of the critical path method is that it doesn't provide a way to determine the sequence in which the activities involved in a project must be performed.
(True/False)
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Goods are considered tangible, while services are considered intangible.
(True/False)
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W. Edwards Deming and other quality experts had their greatest initial impact on companies located in which country?
(Multiple Choice)
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An example of lean production is WestJet's decision to use many types of aircrafts but fly them each only once per week.
(True/False)
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The Deming Chain Reaction refers to the compounding of interest that explains why a dollar today is worth more than a dollar tomorrow.
(True/False)
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Process layout arranges equipment according to the type of task performed.
(True/False)
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