Exam 10: Production and Operations Management
Exam 1: The Changing Face of Business181 Questions
Exam 2: Business Ethics and Social Responsibility194 Questions
Exam 3: Economic Challenges Facing Contemporary Business220 Questions
Exam 4: Competing in World Markets200 Questions
Exam 5: Forms of Business Ownership and Organization190 Questions
Exam 6: Starting Your Own Business: the Entrepreneurship Alternative148 Questions
Exam 7: Management, Leadership, and the Internal Organization202 Questions
Exam 8: Human Resource Management: From Recruitment to Labour Relations188 Questions
Exam 9: Top Performance Through Empowerment, Teamwork, and Communication189 Questions
Exam 10: Production and Operations Management203 Questions
Exam 11: Customer-Driven Marketing202 Questions
Exam 12: Product and Distribution Strategies222 Questions
Exam 13: Promotion and Pricing Strategies197 Questions
Exam 14: Using Technology to Manage Information155 Questions
Exam 15: Understanding Accounting and Financial Statements180 Questions
Exam 16: The Financial System200 Questions
Exam 17: Financial Management136 Questions
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Production managers must continually evaluate results of the production process and make adjustments along the way.
(True/False)
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In selecting a production facility location, labour supply would be most important to which of the following?
(Multiple Choice)
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To receive an ISO family certification, a company must undergo an on-site audit.
(True/False)
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Custom machine shops are typically organized in a product layout.
(True/False)
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Once a company decides what raw materials and component parts to purchase, what factors do production managers use for comparison in choosing the best supplier?
(Essay)
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A product layout can efficiently produce a large number of similar products but is relatively inflexible.
(True/False)
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Companies may use many different benchmarks, depending on their objectives.
(True/False)
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Just-in-time inventory systems shift much of the responsibility for carrying inventory to vendors.
(True/False)
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Airplane manufacturers have traditionally used a fixed-position layout.
(True/False)
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Boca Bearing Company produces 30 basic types of ball bearings. Its manufacturing system uses computer-controlled machining centres, robots, and remote-controlled carts to deliver materials. In addition, the system can be modified quickly to produce the different ball bearings. The manufacturing system that is described is a ______ system.
(Multiple Choice)
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Computer-aided design systems allow engineers to design components and products on computer screens faster and with fewer mistakes than they could working with traditional drafting systems. They pick up where computer-aided manufacturing systems leave off.
(True/False)
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A Gantt chart shows sequence and the critical path for performing the steps in a project.
(True/False)
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Perpetual inventory systems typically use computers to continuously monitor the amounts and locations of their stocks.
(True/False)
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Which of the following would least likely be purchased on a long-term contractual basis?
(Multiple Choice)
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Complete the following using the terms listed below.
-The third component of mass production, ______, involves producing uniform, interchangeable goods and parts.
(Multiple Choice)
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The suppler for Omega Corporation has offered the company a 5 percent discount if it will order more units less frequently. If Omega accepts the supplier's offer, the cost of carrying inventory will ______ and the cost of running out of inventory will ______.
(Multiple Choice)
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