Exam 6: Processes and Technology

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The organization's overall approach for producing goods and providing services is its process strategy.

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True

Which of the following is not a potential risk associated with a project?

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B

Companies that control the production of virtually all of the parts that go into a product are said to be horizontally integrated.

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False

Break-even analysis examines the cost tradeoffs associated with demand volume when selecting a process.

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A company is considering producing an item that can be sold for $37.50 per unit.If the fixed costs for setting up production are $225,000 and the variable cost per unit for the item is $35.00 then the break-even volume for this item is

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Mass production is often associated with assembly lines.

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Process design specifies what tasks need to be done and how they are to be coordinated among functions,people,and organizations.

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Batch production is characterized by small volumes and high product variety.

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The extent to which the firm will produce the inputs and control the outputs of each stage of the production process is known as

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Which of the following is not an advantage of batch production?

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Complex scheduling problems are most likely to occur with which process type?

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The product-process matrix includes all the following process types except

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Variable demand and small to moderate quantities produced to order are characteristics usually associated with

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Technology decisions typical in operations management include all the following areas except

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Companies that control the production of virtually all of the parts that go into a product are said to be vertically integrated.

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A company is evaluating which of two alternatives should be used to produce a product that will sell for $35.00 per unit.The following cost information describes the two alternatives A company is evaluating which of two alternatives should be used to produce a product that will sell for $35.00 per unit.The following cost information describes the two alternatives   The break-even volume for Process B is The break-even volume for Process B is

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Producing a high volume of a single product is a characteristic of batch production.

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Vertical integration is the degree to which a firm produces the parts that go into its products.

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What is a process strategy and how does it affect the firm?

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Mass production is characterized by high volumes of a customized product for a mass market.

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