Exam 3: Product Design and Process Selection
Exam 1: Introduction to Operations Management132 Questions
Exam 2: Operations Strategy and Competitiveness135 Questions
Exam 3: Product Design and Process Selection128 Questions
Exam 4: E-Commerce and Supply Chain Management139 Questions
Exam 5: Total Quality Management141 Questions
Exam 6: Statistical Quality Control136 Questions
Exam 7: Just-In-Time and Lean Systems137 Questions
Exam 8: Forecasting138 Questions
Exam 9: Capacity Planning and Facility Location139 Questions
Exam 10: Facility Layout139 Questions
Exam 11: Work System Design132 Questions
Exam 12: Independent Demand Inventory Management137 Questions
Exam 13: Aggregate Planning104 Questions
Exam 14: Resource Planning133 Questions
Exam 15: Scheduling127 Questions
Exam 16: Project Management134 Questions
Exam 16: Spreadsheet Modeling: an Introduction137 Questions
Exam 17: Spreadsheet Modeling: an Introduction133 Questions
Exam 18: Waiting Line Models132 Questions
Exam 19: Master Scheduling and Rough-Cut Capacity Planning69 Questions
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Which of the following is not a guideline for design for manufacture?
(Multiple Choice)
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With respect to competitive priorities, intermittent operations compete more on _____________ compared to repetitive operations.
(Multiple Choice)
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Outsourcing instead of pursuing vertical integration is often a good strategic option for a firm using an intermittent operation.
(True/False)
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Remanufacturing is the concept of using components of old products in the production of new ones.
(True/False)
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Services with low customer contact are called _____________ .
(Multiple Choice)
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In break-even analysis, in order to make a profit the company must
(Multiple Choice)
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Name a reason for using ERP and a reason it might be difficult to implement.
(Essay)
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Birdie Par owns a company that makes golf gloves. She is thinking about introducing a new glove, which would require an additional fixed cost of $20,000 per year. The variable costs for the new glove have been estimated to be $5 per glove.
a)If she sells the new glove for $15, how many must she sell to break even?
b)If she sells 3,000 gloves at the $15 price, what will the contribution to profit be?
(Essay)
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Blaster Radio Company is trying to decide whether or not to introduce a new model. If they introduce it, there will be additional fixed costs of $400,000 per year. The variable costs have been estimated to be $20 per radio.
a)If Blaster sells the new radio model for $30 per radio, how many must they sell to break even?
b)If Blaster sells 70,000 of the new radio model at the $30 price, what will the contribution to profit be?
(Essay)
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If a firm has fixed costs of $250,000, a market-based selling price of $50 per unit, and it expects to sell 20,000 units, how low must its variable costs be to break even?
(Essay)
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The psychological benefits of the service package involve the sights, smells, and sounds of the experience.
(True/False)
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Tom's hazardous material movement company limits the number of hours an individual works to 8.5 a day. Each hazardous material handler product movement time has been stopwatch analyzed to take 240 seconds. What is the hazardous material handler utilization if they make 110 moves a day?
(Essay)
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Which of the following is correct sequence for relating product design, process selection, and arrangement of equipment in the factory?
(Multiple Choice)
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