Exam 10: Production and Operations Management
Exam 1: The Changing Face of Business156 Questions
Exam 2: Business Ethics and Social Responsibility183 Questions
Exam 3: Economic Challenges Facing Contemporary Business179 Questions
Exam 4: Competing in World Markets171 Questions
Exam 5: Forms of Business Ownership and Organization164 Questions
Exam 6: Starting Your Own Business: the Entrepreneurship Alternative111 Questions
Exam 7: Management, Leadership, and the Internal Organization194 Questions
Exam 8: Human Resource Management: From Recruitment to Labor Relations149 Questions
Exam 9: Top Performance Through Empowerment, Teamwork, and Communication146 Questions
Exam 10: Production and Operations Management166 Questions
Exam 11: Customer-Driven Marketing156 Questions
Exam 12: Product and Distribution Strategies184 Questions
Exam 13: Promotion and Pricing Strategies157 Questions
Exam 14: Using Technology to Manage Information117 Questions
Exam 15: Understanding Accounting and Financial Statements136 Questions
Exam 16: The Financial System163 Questions
Exam 17: Financial Management99 Questions
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Most services businesses, such as accountants and plumbers, utilize an intermittent production system.
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(True/False)
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Correct Answer:
True
Computer-integrated manufacturing combines the use of robots, CAD/CAM, and flexible manufacturing systems.
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(True/False)
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True
Just-in-time inventory systems shift much of the responsibility for carrying inventory to vendors.
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(True/False)
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Correct Answer:
True
Which of the following statements is NOT true of standardization?
(Multiple Choice)
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Raw materials are often purchased on a long-term contractual basis.
(True/False)
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The phase of production control in which the manager instructs each department on the work to be done and the time allowed for its completion is called dispatching.
(True/False)
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A Gantt chart is associated with which step in production control?
(Multiple Choice)
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MRP is a computer-based production planning system that lets a firm ensure that it has all the parts and materials it needs to produce its output at the right time and place and in the right amounts.
(True/False)
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MATCHING
Complete the following using the terms listed.
-A(n) _____ transforms raw materials into finished products.
(Multiple Choice)
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A process layout groups machinery and other equipment according to their functions.
(True/False)
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A production system that reduces a raw material to its component parts in order to extract one or more marketable products is a(n) _____ production system.
(Multiple Choice)
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The need for confidentiality sometimes affects the decision to purchase or lease.
(True/False)
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Which of the following is not a primary task of production managers?
(Multiple Choice)
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Although firms don't generally decide to completely replace mass production with flexible production or customer-driven production, the addition of these alternative forms of production can lead to job satisfaction.
(True/False)
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The critical path in a PERT diagram illustrates the sequence of operations that requires the longest time for completion.
(True/False)
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A firm that produces a variety of nonstandard products in relatively small quantities would probably use a _____ layout.
(Multiple Choice)
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Mass production is highly efficient for producing small quantities of unique items.
(True/False)
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Warehousing costs, taxes, insurance, and maintenance are expenses involved in storing inventory.
(True/False)
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