Exam 11: Process Design and Analysis

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Benchmarking refers to the practice of comparing the production metrics of one firm with the production metrics of another.

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Efficiency of a production process is the ratio of the actual output of a process to some standard.

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A bottleneck occurs when a stage in a production process is starving.

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A service operation by its very nature is a make-to-stock type of production process.

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When we use a make-to-stock production process, we control our production based on a desired amount of finished goods inventory.

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One way to categorize a process is to determine whether it is a multiple-stage or a single-stage process.

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A diamond is conventionally used in a process flowchart to represent a storage area or queue.

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Which of the following production process terms best describes the situation when activities in a stage of production must stop because there is no work?

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If you want to reduce process flow time, it has been suggested that you can reduce interruptions in the production process.

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Utilization of a production process is the ratio of output to input.

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Utilization of a production process is the ratio of time that a resource is actually being used relative to the time it is available for use.

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According to Little's law, which of the following can be used to estimate inventory?

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McDonald's fast-food restaurants use a make-to-order production process.

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