Exam 1: Operations and Productivity

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Walter Shewhart is listed among the important people of operations management because of his contributions to:

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Some of the operations-related activities of Hard Rock Café include designing meals and analyzing them for ingredient cost and labor requirements.

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The service sector has lower productivity improvements than the manufacturing sector because:

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The field of operations management is shaped by advances in which of the following fields?

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Which of the following is NOT one of the 10 strategic operations management decisions?

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Which of the following statements about challenges in operations management is FALSE?

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________ is the set of activities that creates value in the form of goods and services by transforming inputs into outputs.

(Short Answer)
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Productivity is the ratio of ________ to ________.Using this relationship,productivity can be improved by ________ or ________.

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Identify the items that Fredrick W.Taylor believed management should be more responsible for.

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Identify the three productivity variables used in the text.

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What term is given to those individuals with a vested interest in an organization,including customers,distributors,suppliers,owners,lenders,employees,and community members?

(Multiple Choice)
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When a tangible component is not included in a service,such as with counseling,it is called a(n)________.

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Which of the following would NOT be an operations function in a commercial bank?

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Productivity is the total value of all inputs to the transformation process divided by the total value of the outputs produced.

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The factor responsible for the largest portion of productivity increase in the United States is:

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Operations management is applicable:

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A swimming pool company has 100,000 labor hours available per summer and with a labor productivity of 5 pools per 6,000 hours. a.How many pools can the company install this summer? b.Suppose the multifactor productivity was one pool per $25,000.How much should the company expect to spend this summer constructing the pools?

(Essay)
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Martin Manufacturing has implemented several programs to improve its productivity.They have asked you to evaluate the firm's productivity by comparing this year's performance with last year's.The following data are available: Martin Manufacturing has implemented several programs to improve its productivity.They have asked you to evaluate the firm's productivity by comparing this year's performance with last year's.The following data are available:    Has Martin Manufacturing improved its productivity during the past year? Has Martin Manufacturing improved its productivity during the past year?

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A(n)________ is a global network of organizations and activities that supply a firm with goods and services.

(Short Answer)
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Competition in the 21st century is no longer between companies; it is between ________.

(Short Answer)
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