Exam 9: Production Systems
Exam 1: Developing a Business Mindset95 Questions
Exam 2: Understanding Basic Economics99 Questions
Exam 3: The Global Marketplace100 Questions
Exam 4: Business Ethics and Corporate Social Responsibility100 Questions
Exam 5: Forms of Ownership100 Questions
Exam 6: Entrepreneurship and Small Business Ownership90 Questions
Exam 7: Management Roles, Functions, and Skills100 Questions
Exam 8: Organization and Teamwork100 Questions
Exam 9: Production Systems100 Questions
Exam 10: Employee Motivation100 Questions
Exam 11: Human Resources Management100 Questions
Exam 12: Labor Relations100 Questions
Exam 13: The Art and Science of Marketing100 Questions
Exam 14: Product and Pricing Strategies100 Questions
Exam 15: Distribution and Marketing Logistics100 Questions
Exam 16: Customer Communication100 Questions
Exam 17: Financial Information and Accounting Concepts100 Questions
Exam 18: Financial Management100 Questions
Exam 19: Financial Markets and Investment Strategies100 Questions
Exam 20: The Money Supply and Banking Systems100 Questions
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Measuring quality against established standards after production is known as quality assurance.
(True/False)
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________ is the potential to increase production by expanding or replicating its initial production capacity.
(Multiple Choice)
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________ refers to the creation of identical goods or services in large quantities.
(Multiple Choice)
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A rural hospital is trying to determine how many beds it should have in its emergency room.This is an example of ________.
(Multiple Choice)
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Ronda Scooters is a leading Asian manufacturer of electric scooters.The company procures raw materials from a firm based in China.The Chinese supplier delivers materials in about three weeks after receiving a confirmed order.This period is referred to as the materials' ________.
(Multiple Choice)
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One way for a country to protect its domestic industries is by levying tariffs against imported goods.The tariff makes the imported goods more expensive.It has been suggested that the U.S.establish a tariff against imported labor as well.A company that offshores jobs in pursuit of lower labor costs would have to pay a tariff or tax that would make that labor more expensive,and this action may discourage further offshoring.Do you think this tax or tariff would be a good idea? Why or why not? Do you think it would serve its intended purpose of slowing down offshoring?
(Essay)
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________ refers to determining the right quantities of supplies and products to have on hand and tracking where those items are.
(Multiple Choice)
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The phenomenon where U.S.companies move their production back to U.S.soil is known as ________.
(Multiple Choice)
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The period of time between placing an order for supplies and receiving the material is called ________.
(Multiple Choice)
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Making sure you have what you need no earlier than when you need it is known as just-in-time inventory management.
(True/False)
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Value webs are multidimensional networks of suppliers and outsourcing partners.
(True/False)
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________ refers to transferring a part or all of a business function to a facility in another country.
(Multiple Choice)
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________ refers to the use of random sampling and tools,such as control charts,to monitor the production process.
(Multiple Choice)
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The sequence of activities that take the longest time from start to finish in a PERT diagram is called the ________ path.
(Multiple Choice)
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Dell Computers allows customers to place orders online.The company produces major parts using bulk production and allows customers to personalize such features as software,color,memory size,and screen size.This type of manufacturing is an example of ________.
(Multiple Choice)
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The technology known as ________ attaches small antenna tags to products or shipping containers to help the company track where needed materials are in its supply chain.
(Multiple Choice)
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________ refers to establishing the overall level of resources needed to meet customer demand.
(Multiple Choice)
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