Exam 8: Operations Management in Manufacturing and Service Industries

_____ is a favorite catch phrase among Burger King planners looking for promising new locations.

Keeping inventory levels too high costs money,while running out of it causes _____ to suffer.

The materials management process encompasses the process of assembling materials.

_____ systems are revolutionizing the production process by automating and integrating all aspects of a company's operations.

Businesses,such as print or sign shops,that produce low-volume,high-variety goods according to customer specifications use a process called _____.

Manufactured goods are usually customized.

_____ is a software package used to design product components.

As operations manager for Consolidated American Tanks,Jim Sherman's tasks include all of the following except _____.

In seeking new locations,Burger King officials look for busy intersections or such _____ as shopping malls or movie theaters.

Which of the following approaches is not used by companies to minimize the cost of new products?

PowerSki uses collaboration software to transmit design changes to its suppliers.

_____ is a manufacturing strategy whereby a firm produces products outside of its own plant.

A company that uses a just-in-time production method produces its products just-in-time to deliver them to customers.

Both product and process layouts arrange work by _____.

Make-to-stock strategy is commonly used in the production of low volume goods.

The most important task facing Bob Montgomery and his team at PowerSki was determining how to efficiently produce quality JetBoards at a reasonable cost.

A _____ software system determines the steps needed to produce components and instructs the machines that do the work.

High-volume goods are produced efficiently by people,equipment,or departments arranged in a(n)_____.

A printing company would use the mass production (make-to-stock)production method.

Managers focus on all of the following as quality assurance principles except _____.