A firm must make a choice between a manual and a semi-automatic production process for a new product line. Following are the costs for each process: \[\begin{array} { l c c } \text { Alternatve } & \text { Fixed Cost } & \text { Variable Cost } \\ \text { Manual }& \$ 100,000 & \$ 75.00 \\ \text { Semi-Automatic } & \$ 300,000 & \$ 50.00 \end{array}\] a. Above what break-even production quantity would the semi-automatic alternative be preferred? b. Which process is more economical for an annual production volume of 5,000 units? c. Which process is more economical for an annual production volume of 10,000 units?

a. $100,000 + $75)X = $300,000 + $50)X =

A company is considering two alternative technologies for manufacturing a product. The cost data are shown below. $\begin{array}{lcc} & \text { A } & \text { B } \\ \text { Fixed Cost } & \$ 10,000 & \$ 25,000 \\ \text { Variable Cost } & \$ 30 / \text { unit } & \$ 5 / \text { unit } \end{array}$ What is the breakeven volume, and under what circumstances should A be chosen?

Let X = number of units produced For A:

Exam 5: Technology and Operations Management

A firm must make a choice between a manual and a semi-automatic production process for a new product line. Following are the costs for each process: Alternatve Fixed Cost Variable Cost Manual \ 100,000 \ 75.00 Semi-Automatic \ 300,000 \ 50.00 a. Above what break-even production quantity would the semi-automatic alternative be preferred? b. Which process is more economical for an annual production volume of 5,000 units? c. Which process is more economical for an annual production volume of 10,000 units?

(Essay)

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Question 21

Without the internet, there would be little application of technology in services.

(True/False)

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Question 22

During which stage of technology development and adoption is design and demand flexibility most critical?

(Multiple Choice)

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Question 23

Bar codes are the modern successor to RFID tags.

(True/False)

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Question 24

Filing your individual federal tax returns would best be described as what type of value chain?

(Multiple Choice)

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Question 25

A company is considering two alternative technologies for manufacturing a product. The cost data are shown below. A B Fixed Cost \ 10,000 \ 25,000 Variable Cost \ 30/ unit \ 5/ unit What is the breakeven volume, and under what circumstances should A be chosen?

(Essay)

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Question 26

Discuss the components, hardware and software of a Computer-Integrated Manufacturing System CIMS).

(Essay)

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Question 27

Technology development and adoption generally has three stages - birth, turbulence, and obsolescence.

(True/False)

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Question 28

How does customer relationship management CRM) help a firm gain competitive advantage?

(Essay)

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Question 29

All organizations face common issues regarding technology. Which item below does not belong on the list of issues?

(Multiple Choice)

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Question 30

Explain the concept of ERP -Enterprise Resource Planning Systems.

(Essay)

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Question 31

Database systems, artificial intelligence programs and voice-recognition software are examples of

(Multiple Choice)

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Question 32

Computer chips and microprocessors are examples of hard technology.

(True/False)

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Question 33

Infinite scalability is most related to

(Multiple Choice)

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Question 34

Which of the following enables engineers to design, analyze, test, simulate, and "manufacture" products before they physically exist?

(Multiple Choice)

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Question 35

Which of the following is not a major characteristic of a customer relationship management system CRM)?

(Multiple Choice)

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Question 36

_______ involves computer control of a manufacturing process, such as determining tool movements and cutting speeds.

(Multiple Choice)

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Question 37

According to the National Research Council, companies with computer-integrated manufacturing system experience have been able to

(Multiple Choice)

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Question 38

Technology provides the capability of eliminating many of the traditional components of value chains.

(True/False)

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Question 39

CRM helps firms gain competitive advantage by all of the following except

(Multiple Choice)

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Question 40

Showing 21 - 40 of 72

Exam 5: Technology and Operations Management

Without the internet, there would be little application of technology in services.

During which stage of technology development and adoption is design and demand flexibility most critical?

Bar codes are the modern successor to RFID tags.

Filing your individual federal tax returns would best be described as what type of value chain?

A company is considering two alternative technologies for manufacturing a product. The cost data are shown below. A B Fixed Cost \ 10,000 \ 25,000 Variable Cost \ 30/ unit \ 5/ unit What is the breakeven volume, and under what circumstances should A be chosen?

Discuss the components, hardware and software of a Computer-Integrated Manufacturing System CIMS).

Technology development and adoption generally has three stages - birth, turbulence, and obsolescence.

How does customer relationship management CRM) help a firm gain competitive advantage?

All organizations face common issues regarding technology. Which item below does not belong on the list of issues?

Explain the concept of ERP -Enterprise Resource Planning Systems.

Database systems, artificial intelligence programs and voice-recognition software are examples of

Computer chips and microprocessors are examples of hard technology.

Infinite scalability is most related to

Which of the following enables engineers to design, analyze, test, simulate, and "manufacture" products before they physically exist?

Which of the following is not a major characteristic of a customer relationship management system CRM)?

_______ involves computer control of a manufacturing process, such as determining tool movements and cutting speeds.

According to the National Research Council, companies with computer-integrated manufacturing system experience have been able to

Technology provides the capability of eliminating many of the traditional components of value chains.

CRM helps firms gain competitive advantage by all of the following except

Goods, Services, and Operations Management

Value Chains

Measuring Performance in Operations

Operations Strategy

Goods and Service Design

Process Selection, Design, and Analysis

Facility and Work Design

Supply Chain Design

Capacity Management

Forecasting and Demand Planning

Managing Inventories

Resource Management

Operations Scheduling and Sequencing

Quality Management

Quality Control and Spc

Lean Operating Systems

Project Management

Work Measurement, Learning Curves, and Standards

Queuing Analysis

Modeling Using Linear Programming

Simulation

Work Measurement, Learning Curves, and Standards

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