Exam 10: Production and Operations Management

ABC is engaged in ______ since the firm assesses customer demands to make a connection between the products that are manufactured and the products that people want to buy.

Explain what is involved in LEED certification.

The first step in production control is production scheduling.

The last step in production control is to spot problems in the production process and inform management of needed adjustments. This phase is called ______.

Which of the following situations would present a challenge for a just-in-time (JIT) investment system?

Software manufacturers such as Dell are more concerned with physical factors than human factors.

When Best Buy vendors ship merchandise directly to stores instead of distribution centres, the company is utilizing ______.

The layout that is efficient and inexpensive as it simplifies the task and can use unskilled labour.

Identifying how leaders in certain fields perform and continually comparing and measuring performance against these outstanding performers is called benchmarking.

A typical factory spends up to half its operating budget identifying and fixing mistakes.

A process layout groups machinery and other equipment according to their functions.

Complete the following using the terms listed below. -The organization whose mission is to develop and promote international standards for business, government, and society to facilitate global trade is ______.

What is the task of production and operations management?

Flexible production systems typically involve using information technology to share the details of customer orders, programmable equipment to fulfill orders, and skilled people to carry out whatever tasks are necessary to fill an order. They are less complicated and require less cooperation than do mass production systems.

Complete the following using the terms listed below. -A(n) ______, one of the oldest analytical methods for help with scheduling, tracks projected and actual work progress over time.

The decision to make, buy, or lease sometimes hinges on the availability of outside suppliers that can dependably meet a firm's standards for quality and quantity.

Megan's company builds custom guitars based on client specifications. Her company would best utilize a just-in-time system.

Complete the following using the terms listed below. -The sequence of operations that require the longest time for completion is known as the ______.

______ is a chart in the production schedule that specifies the sequence and the critical path for performing the steps in a project.

When the editors of Contemporary Business use computers, paper, and human effort to create the new edition of a text, they are engaged in ______.