Exam 18: Operations Management

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________ focuses on providing an efficient flow of resources to an organization.

(Multiple Choice)
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Deming was a strong believer in keeping accurate statistics and advocated ________ goals.

(Multiple Choice)
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Trust is so important in value chain management that proponents of the system say you can never have too much trust.

(True/False)
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In a short essay, explain what a value chain is.

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A high-quality product that doesn't break down and doesn't suffer from significant performance deterioration over a long period of time is said to have ________.

(Multiple Choice)
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In the Six Sigma system, the higher the sigma value, the greater the number of defects you would expect from a product.

(True/False)
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With respect to planning, Deming believed that ________ was most important for productivity.

(Multiple Choice)
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To find the planned duration of a project on a Gantt chart, simply look at the width of the bar that represents actual progress.

(True/False)
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American Standard improved the quality of its value chain by getting rid of partners who ________.

(Multiple Choice)
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In value chain management, ultimately the ________ have power to make changes.

(Multiple Choice)
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When a customer gets frustrated from being put on hold during a customer service call for 30 minutes, the company is having problems with which service quality dimension?

(Multiple Choice)
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When ________ exist(s) in a value chain, partners will be extremely reluctant to share information.

(Multiple Choice)
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It is easier to see the transformation process at work in manufacturing organizations than in service organizations because manufacturing organizations ________.

(Multiple Choice)
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In a short essay, explain what value chain management is.

(Essay)
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Deming felt that any new skills that employees needed should be acquired ________.

(Multiple Choice)
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To find out how many activities are taking place at a given time in a Gantt chart, ________.

(Multiple Choice)
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ISO 9000 is a series of standards that ensure that products ________.

(Multiple Choice)
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On eBay, brand-new red espresso machines from Francis Francis routinely sell for $50 more than identical white machines. What can you conclude?

(Multiple Choice)
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For most U.S. companies, high productivity is a matter of survival.

(True/False)
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Since Deming first proposed his 14 points for improving productivity, his prescriptions have ________.

(Multiple Choice)
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