Exam 2: Operations Strategy and Competitiveness
Exam 1: Introduction to Operations Management133 Questions
Exam 2: Operations Strategy and Competitiveness134 Questions
Exam 3: Product Design and Process Selection131 Questions
Exam 4: Supply Chain Management132 Questions
Exam 5: Total Quality Management141 Questions
Exam 6: Statistical Quality Control132 Questions
Exam 7: Just-In-Time and Lean Systems137 Questions
Exam 8: Forecasting136 Questions
Exam 9: Capacity Planning and Facility Location139 Questions
Exam 10: Facility Layout130 Questions
Exam 11: Work System Design133 Questions
Exam 12: Inventory Management135 Questions
Exam 13: Aggregate Planning103 Questions
Exam 14: Resource Planning137 Questions
Exam 15: Scheduling135 Questions
Exam 16: Project Management136 Questions
Exam 17: Spreadsheet Modeling: An Introduction136 Questions
Exam 18: Introduction to Optimization130 Questions
Exam 19: Waiting Line Models130 Questions
Exam 20: Master Scheduling and Rough-Cut Capacity Planning69 Questions
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To provide speed of delivery, Federal Express invested in a sophisticated bar code technology.
(True/False)
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Suppose that a plant has a total productivity measure of 0.85. What can we conclude?
(Multiple Choice)
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An operations strategy covers a relatively short time horizon, whereas a business strategy covers a relatively long time horizon.
(True/False)
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Suppose that in week 1 a company produced 1000 units using 60 labor hours. For which of the following values in week 2 would labor productivity decrease?
(Multiple Choice)
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A measure of how efficiently inputs are being converted into outputs is called utilization.
(True/False)
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Rapid technological change includes the risk of ________________________ .
(Short Answer)
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Firms measure productivity to learn how ________________________ they are.
(Short Answer)
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Suppose that in January a company produced 5000 units using 1000 labor hours. For which of the following values in February would labor productivity decrease?
(Multiple Choice)
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On Tuesday George produced 100 units in 8 hours. On Wednesday he produced 120 units in 10 hours. What was his percent productivity change?
(Multiple Choice)
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Suppose that last month the cost of inputs summed to $100,000, and the value of outputs summed to $800,000. For which of the following values this month would productivity increase?
(Multiple Choice)
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If inputs increase by 6% and outputs increase by 24%, what is the percentage productivity increase?
(Multiple Choice)
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A machine shop produces metal frames on two different machines. The average daily production on machine 1 is 300 frames, and the average daily production on machine 2 is 180 frames. What is the daily machine productivity?
(Multiple Choice)
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Environmental scanning helps organizations recognize ________________________.
(Short Answer)
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How have U.S. tobacco companies responded to public awareness of the dangers of smoking?
(Essay)
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A Marketing Strategy is defines marketing plans to support the business strategy.
(True/False)
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The process of monitoring the external environment is called what?
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