Exam 10: Production and Operations Management

Trisha owns a line of hand-made purses. She is paid in advance and creates items that are custom made according to her clients' specifications. Trisha uses a system of customer-driven production.

The critical path in a PERT diagram illustrates the most expensive operations that need to be done.

Automobile assembly lines have been traditionally based on process layouts.

Tidewater Company uses 100,000 pounds of fresh flowers each year. Because of rising energy costs, it has become more expensive for Tidewater to store flowers. All other factors being equal, Tidewater should ______ its inventory of fresh flowers, which would ______ the risk of running out of inventory.

The production manager in a manufacturing company divides employee work into small segments so each employee can concentrate on just a few tasks. This manager is involved in ______.

John & Co. uses ______ software to develop a real product and display it in three-dimensional graphics.

When a company looks to an established, superlative product as a guide for its new product, it is ______.

All of the following statements concerning robots are correct EXCEPT

Raw materials are often purchased on a long-term contractual basis.

The ABC Accountants do NOT standardize their service to customers because each customer has different needs. This is an example of ______ production.

The need for confidentiality sometimes affects the decision to purchase or lease.

Complete the following using the terms listed below. -Firms create ______, or want-satisfying power, by converting raw materials and other inputs into finished goods and services.

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.

All outputs of the production process are tangible goods and services.

Complete the following using the terms listed below. -A(n) ______ groups machinery and equipment according to their functions.

Describe the differences between mass production, flexible production, and customer-driven production.

The production process is applicable for not-for-profit organizations.

Boeing engineers' use of computers to build new commercial jet models in the virtual world before they are actually built in production is an example of green manufacturing.

The production facility for a space shuttle would probably be organized according to a ______ layout.

Engineers at Ford Motor Company use computers to build new car models in the virtual world before they are ever built in automobile plants. These engineers are using ______.