Exam 10: Production and Operations Management

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What is a flexible manufacturing system?

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Which of the following is NOT a consideration in location planning?

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A steel company whose blast furnaces NEVER completely shut down EXCEPT for malfunctions is an example of a(n) ______ production system.

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The process of comparing the quality of the firm's output with the quality of the output of other firms is known as

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Florida Fixtures uses a computer system that controls the entire production function from designing products to ordering raw materials. What kind of production system is Florida Fixtures using?

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Explain the purpose of inventory control.

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Describe the major tasks of production and operations managers.

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Grocery stores use scanners not only for faster check-out times, but as a tool to obtain merchandise sales data and create short-term forecasts. This system is known as ______ production.

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Yusted's company uses a computer to control its production process. The computer transmits signals to machines for performing the appropriate steps in the correct order. This is an example of ______.

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Complete the following using the terms listed below. -A(n) ______ is a programmable machine capable of performing a variety of jobs that require manipulation of materials and tools.

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The want-satisfying power of a good or service is called ______.

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Which production process describes a manufacturing operation in which long production runs generate finished products over a period of time?

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A product layout is one in which the product remains in a fixed position and workers, materials, and machines are transported to and from it.

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When choosing an appropriate vendor, production managers consider all of the following EXCEPT ______.

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Most services, such as accountants and plumbers, result from intermittent production systems.

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Complete the following using the terms listed below. -A(n) ______ transforms raw materials into finished products.

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Provide examples of each of the three basic types of layouts for manufacturing facilities.

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Provide an example of another college with whom your college might benchmark itself.

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A company uses raw materials to produce a product. The company is creating time utility.

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Managers should maintain access to multiple supply sources.

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