Exam 9: Production and Operations Management
Exam 1: Taking Risks and Making Profits Within the Dynamic Business Environment315 Questions
Exam 2: Understanding Economics and How It Affects Business305 Questions
Exam 3: Doing Business in Global Markets346 Questions
Exam 4: Demanding Ethical and Socially Responsible Behavior257 Questions
Exam 5: How to Form a Business342 Questions
Exam 6: Entrepreneurship and Starting a Small Business303 Questions
Exam 7: Management and Leadership281 Questions
Exam 8: Structuring Organizations for Todays Challenges364 Questions
Exam 9: Production and Operations Management321 Questions
Exam 10: Motivating Employees357 Questions
Exam 11: Human Resource Management: Finding and Keeping the Best Employees423 Questions
Exam 12: Dealing With Employeemanagement Issues297 Questions
Exam 13: Marketing: Helping Buyers Buy250 Questions
Exam 14: Developing and Pricing Goods and Services356 Questions
Exam 15: Distributing Products314 Questions
Exam 16: Using Effective Promotions262 Questions
Exam 17: Understanding Accounting and Financial Information362 Questions
Exam 18: Financial Management297 Questions
Exam 19: Using Securities Markets for Financing and Investing Opportunities397 Questions
Exam 20: Money, Financial Institutions, and the Federal Reserve306 Questions
Exam 21: Appendix: Working Within the Legal Environment242 Questions
Exam 22: Appendix: Using Technology to Manage Information192 Questions
Exam 23: Appendix: Managing Risk128 Questions
Exam 24: Appendix: Managing Personal Finances255 Questions
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Which of the following is a likely reason that a company would move its facility from one location to another?
(Multiple Choice)
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In manufacturing, a(n) ________ is used to produce large quantities of a few types of products.
(Multiple Choice)
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Picture Pieces corporation produces jigsaw puzzles. The quality of its materials and the calibration of machines that cut and fit pieces of a puzzle are extremely important if it is to eliminate defects and meet customer specifications. If the company meets or exceeds Six Sigma criteria, it will have no more than 60 defects per million puzzles.
(True/False)
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Superior Supplies' largest customer recently implemented a just-in-time inventory system. As a supplier of materials to this customer, Superior Supplies will:
(Multiple Choice)
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Comfort Corners Home Furnishings specializes in producing custom-made residential furniture. The most efficient process for Comfort Corners to utilize would be a continuous production process.
(True/False)
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The Baldrige standards measure a firm's quality in several key areas including planning, leadership, and customer and market focus.
(True/False)
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The ________ National Quality Award is given to firms that achieve an outstanding level of overall quality based on performance in seven key areas.
(Multiple Choice)
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Facility layout is the function of operations management that considers the physical arrangement of resources (including people) in the production process.
(True/False)
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Six Sigma is a benchmark of quality standards that many product and service industries try to achieve.
(True/False)
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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.
(True/False)
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A big advantage of computer-integrated manufacturing software is that it
(Multiple Choice)
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As you're loading your groceries on the conveyor belt, the clerk asks you if you found everything you needed. As she continues to scan your purchases, coupons for future purchases print near the cashier's terminal. In reviewing the key concepts from this chapter, you would consider this action to be the store's management of its labor.
(True/False)
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According to the Making Ethical Decisions box "Should We Stay or Should We Go?" a firm must give its employees ________ before closing and/or moving to another location.
(Multiple Choice)
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Manufacturing companies are concerned with production management, while service companies are concerned with operations management.
(True/False)
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One strategy U.S. manufacturers have employed in order to become more competitive is
(Multiple Choice)
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The Deming Cycle approach to quality control consists of: Plan, Do, Check, Act.
(True/False)
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Cassandra was planning a new product launch. She knew that the art department was ready to work on the promotional pieces now, but they couldn't start until the marketing strategy group established the price point and the purchasing department obtained the paper needed to design the promotional piece. Establishing price points would take about a week and was dependent on manufacturing getting the costs to the marketing strategy group. This was expected a week from today. The purchasing group indicated the paper could be obtained locally the same day it was requested. Assuming things go as planned and based on this information, which of the following tasks could be as much as a week late without jeopardizing the deadline for the entire project?
(Multiple Choice)
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Which of the following statements about operations management in the service sector is most accurate?
(Multiple Choice)
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In a PERT network, the sequence of tasks that takes the longest to complete is called the
(Multiple Choice)
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