Exam 1: Operations and Productivity

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Which of the following is the best example of a pure service?

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When a tangible product is not included in a service, such as with counseling, it is called a __________.

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A cleaning company uses $10 of chemicals, $40 of labor, and $5 of misc. expenses for each house it cleans. After some quality complaints, the company has decided to increase its use of chemicals by 50%. By what % has multifactor productivity fallen?

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"How much inventory of this item should we have?" is within the critical decision area of managing quality.

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Which of the following is not one of The Ten Critical Decisions of Operations Management?

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Why are services typically more difficult to standardize, automate, and make efficient?

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An industrial plant needs to make 100,000 parts per month to meet demand. Each month contains 20 working days, each of which allows for 3 separate 8 hour shifts. a. If a worker can produce 10 parts/hour, how many workers are needed on each shift? b. If each shift has 100 workers, what is the productivity of an individual worker? c. If material costs are $10/part, capital costs are $100,000 and labor costs are $10/hour, what is the multifactor productivity of the plant from part A?

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What is a knowledge society?

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Services are often knowledge-based. Provide two examples, and explain why they are knowledge-based.

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Manufacturing now constitutes the largest economic sector in postindustrial societies.

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Which of the following are part of the Ten Critical Decisions of Operations Management? I. Design of goods and services II. Managing Quality III. Layout Strategy IV. Marketing V. Pricing of Goods and Services

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Among the ethical and social challenges facing operations managers are

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__________ is the ability of the organization to be flexible enough to cater to the individual whims of consumers.

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"Should we make or buy this component? " is an issue in the __________ critical decision area.

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A business's stakeholders, whose conflicting perspectives cause ethical and social dilemmas, include

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Gibson Valves produces cast bronze valves on an assembly line, currently producing 1600 valves each 8-hour shift. If the productivity is increased by 10%, it would then be

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Which of the following statements is true?

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The total of all outputs produced by the transformation process divided by the total of the inputs is

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The Dulac Box plant produces wooden packing boxes to be used in the local seafood industry. Current operations allow the company to make 500 boxes per day, in two 8-hour shifts (250 boxes per shift). The company has introduced some small changes in equipment, and conducted appropriate job training, so that production levels have risen to 300 boxes per shift. These changes did not require any change in the amount of capital spending or energy use. What is the firm's new labor productivity?

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__________ is the set of activities that transforms inputs into goods and services.

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