Exam 13: Operations Management

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The ABC analysis model helps managers decide when to order a product and how much of it to order.

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Cars,computers,and cameras are all examples of products that are typically made via ________.

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The ________ relates to the activities needed to retrieve a used product from a customer and either reuse it or dispose of it.

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Productivity is a measurement of how well an organization is using its resources to produce goods and services.

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________ expedites the management of complicated supply chain relationships and processes.

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Which of the following is true of TQM?

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Since the two major costs of a company,annual carrying costs and ________,vary inversely,there are always tradeoffs to make.

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Capacity planning involves determining how much of a product or service a firm should be able to produce.

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The profits of Dunkin' Donuts are down by a quarter.The management believes this is because of the high cost of the raw materials being used.Matt,the operations manager,should use the ________ model so that total inventory costs are minimized.

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In a ________,automation of a production line is achieved by controlling and guiding all machinery with computers.

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The TQM concept of "quality at the source" involves ________.

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Gantt charts are mathematical representations of projects.

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Discuss the nature of the relationship between customers and suppliers along a supply chain.

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Managers use the economic order quantity (EOQ)model to minimize total inventory costs.

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A popular definition of quality is "fitness for use," which is a measure of how well a product or service performs its intended purpose.

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The fundamental notion of process reengineering is that ________.

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Could continuous process improvement be used in this scenario?

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What is a just-in-time (JIT)inventory system?

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Most organizations should operate at maximum capacity at all times.

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The PERT/CPM technique requires the project manager to determine ________.

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