Exam 9: Production and Operations Management

Manufacturing firms that want to minimize time-to-market are likely to choose facility sites that give them easy access to their preferred modes of transportation.

________ is a computer application that enables a firm to combine computerized functions of all divisions and subsidiaries of the firm into a single, integrated software program that uses a single database.

________ is the creation of goods and services using land, labor, capital, entrepreneurship, and knowledge.

The end result of PERT analysis is an estimate of the total cost of completing a project.

Evidence suggests that U.S. manufacturing firms can no longer compete against the best firms in the rest of the world.

An important strategy in operations management is using technology to anticipate customer needs.

Trey is a manager at Plastics Plus, a manufacturing firm in Arkansas. His responsibilities include production scheduling as well as keeping tabs on the company's inventory. These duties suggest that Trey is involved in promotions management.

General Automotive currently uses an ERP system to manage all of its production operations and coordinate them with the other operations of the company. The company also wants to implement a just-in-time (JIT) inventory system. Unfortunately for General Automotive, ERP is incompatible with JIT, so if it adopts the new inventory system it will have to abandon ERP.

A production process characterized by a short production run and frequent adjustments to machines so that different products can be produced is known as a(n)

________ standards are concerned with the best practices for managing an organization's environmental impacts.

Which of the following statements about facility location is most accurate?

Currently, manufacturing accounts for only around 70% of U.S. GDP.

According to the box titled "Should We Stay or Should We Go?," federal law states, a firm must give employees 60 days' notice of a facility or plant closing.

________ is a set of international standards for quality management and quality assurance.

B&B Brothers Manufacturing typically creates large batches of standardized products used by plumbers, such as pipefittings and valves that must be produced in standard sizes. A continuous production process would work well for B&B.

One of the best ways to maintain consistently high quality in the production process is to give a group of specialists in a separate quality control department the authority to inspect each product at the end of the production process.

The basic reason the term operations management is favored over the term production management is that

To make their famous Daddy's Deluxe Italian Sandwiches, Santino's Sandwich Emporium finely slices prime meats, stacks them on Italian bread, adds special seasonings, cheeses, and veggies. The value added by Santinos's when it combines these ingredients to make a sandwich is known as

________ is the process of selecting a geographic location for a company's operations.

Operations managers at Alumax Corporation have found that they can achieve efficient production only by producing very large quantities of aluminum without shutting down the production process. This indicates that Alumax should use a(n) ________ production process.