Exam 17: Section 1: Managing Information

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The average time between breakdowns (for machinery) is referred to as____________ ?

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An article addressed to nurses who work in intensive care emphasize practices affirming the patient's intrinsic value and individual personality One method to affirm the patient's intrinsic value is to demonstrate ____.

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Companies relying on a trucking company providing just-in-time (JIT) transportation would ____________ ?

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Define the two common measures of productivity used by managers. Specify the circumstances under which each should be used.

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Two common measures of productivity are extrinsic productivity and intrinsic productivity.

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Many organizations rely on teaming as a key to their productivity and credit their use of teams with performance improvements in such areas as efficiency and quality. This statement is another way to illustrate____________ .

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At their core, companies are____________ systems that combine inputs such as labor, raw materials, capital, and knowledge to produce finished products and other types of output.

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RIP In recent years, Japanese companies such as Mitsubishi, NEC, Fujitsu, and Sony began turning to Americans to manufacture Japanese products. While Sony, Panasonic, and other Japanese giants still excel at cranking out high- quality consumer electronics products such as camcorders and TVs by the millions, it's a different story in industries with short product cycles, which require factories that must build what customers order instead of churning out products in anticipation of demand. Japan's great strength, repetitive manufacturing, is becoming its greatest weakness. This production-on-demand form of management cannot depend on JIT. Instead the American companies rely on raw-in-process inventory, or RIP. RIP calls for keeping a reasonable quantity of varied raw materials or components on hand to meet changing customer demand. -Refer to RIP. Which of the following statements about the American companies who are taking over Japanese operations is true?

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________ is a ticket-based system that indicates when to reorder inventory.

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Most companies define product ____________in terms of how easy or difficult it is to fix a product.

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Since the Baldrige Award is directly based on ISO 9000 standards, it is essentially a U.S. version of recognition for excellence in meeting the ISO 9000 standards.

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Classifying manufacturing operations in terms of the amount of assembly that occurs after an order is received from customers is the same as classifying those operations in terms of____________ .

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Extrinsic productivity indicates how much labor, capital, materials, and energy it takes to produce an output.

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The companies that have won the Baldrige Award have achieved superior financial returns.

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Which of the following statements about service recovery is true?

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The three basic measures of inventory are inventory turnover, average aggregate inventory, and____________ .

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Why is productivity important to countries?

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____________ refers to a manufacturing operation that divides manufacturing processes into separate parts or modules that are combined to create semi-customized products.

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The CEO of a company that manufactures maple wooden cutting boards has determined that it takes wood, labor, and electricity to make one maple cutting board. The CEO has determined the ____________productivity of his company so he can compare its operation with that of its competition.

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Define productivity. Provide an everyday example of a measure of productivity that consumers sometimes use in deciding which car to purchase.

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