Exam 2: Operations Strategy and Competitiveness

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Operations strategy is a long range plan for the design and use of resources in support of ________________________

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Consider a pizza parlor. Which of the following would not be a valid productivity measure?

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Suppose that output is worth $400, and labor and materials costs are $200 and $100, respectively. What is the materials productivity?

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Firms that focus on quality as their primary competitive priority usually implement either product design quality or process quality, but not both.

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Worker pay decisions are part of the production process structure.

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Suppose that a plant has a daily productivity of 0.85 parts per employee? What can we conclude?

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Productivity = input/output.

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What are some general technological trends in the marketplace?

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When making competitive priority decisions the firm:

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Last month Stacy sold 10 houses while working 20 days. This month she sold the same number of houses in 22 days. What is her percent productivity change?

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Operational efficiency is:

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The operations function must place emphasis on those priorities that directly support the __________ ________. Therefore, it needs to make _________ between different priorities.

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Which of the following competitive priorities typically requires the use of more general-purpose equipment?

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Productivity is essentially:

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A firm produces 6000 products using 12 workers on a nine-hour shift. What is the labor productivity per worker?

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How does Federal Express maintain its ability to compete on time during peak demand periods?

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A business strategy is like an explorer's ________________________.

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A manager has just replaced three workers with a machine that is cheaper to operate than the cost of the three replaced workers. Output is expected to remain the same. Which of the following is true?

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At the national level why is it important to measure productivity?

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Process technology is the technology that has grown the most rapidly and has had the greatest impact on business.

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