Question 1

Increasingly,companies buy from suppliers located around the world and sell in markets that are equally dispersed.

Accepted Answer

A) True 
 B)False

Question 2

_____ productivity is where the effects of labor and capital are combined and divided into the output.

Accepted Answer

A) Labor 
B) Multifactor 
C) Total 
D) both b and c 
A) Labor 
B) Multifactor 
C) Total 
D) both b and c

Question 3

A sensible limit for the size of an efficient production system is in the neighborhood of _____ to _____ people.

Accepted Answer

A) 100;200 
B) 300;500 
C) 600;900 
D) 1000;2000 
A) 100;200 
B) 300;500 
C) 600;900 
D) 1000;2000

Question 4

The elasticity-productivity tie between operations management and marketing is best described by the following:

Accepted Answer

A) marketing tries to control demand volume through pricing. 
B) to be competitive it is necessary to find ways to match price decreases offered by competitors. 
C) demand volume falls as price rises,but is also relative to what prices competitors charge. 
D) all of the above 
A) marketing tries to control demand volume through pricing. 
B) to be competitive it is necessary to find ways to match price decreases offered by competitors. 
C) demand volume falls as price rises,but is also relative to what prices competitors charge. 
D) all of the above

Question 5

Ms.Compton's manufacturing plant wants to examine her productivity for last year in several ways.The cost for all her product outputs was $325,000.Her total inputs for resources expended were $199,000.She manufactured a total of 500,000 products and invested capital of $150,000.What is her multifactor productivity? What is her capital productivity?

Accepted Answer

Multifactor productivity is all outputs

Question 6

Technology allows employees to work virtually anywhere on many subjects without geographical restrictions.

Accepted Answer

A) True 
 B)False

Question 7

Capital productivity can be measured by

Accepted Answer

A) units of output divided by dollars of capital. 
B) sales in dollars divided by dollars of labor. 
C) both a and b 
D) neither a nor b 
A) units of output divided by dollars of capital. 
B) sales in dollars divided by dollars of labor. 
C) both a and b 
D) neither a nor b

Question 8

Productivity measures are excluded from inflation calculations.

Accepted Answer

A) True 
 B)False

Question 9

_____ is the rate-of-change measure that expresses the degree to which demand grows or shrinks in response to a price change.

Accepted Answer

A) Perfect elasticity 
B) Elasticity 
C) Perfect inelasticity 
D) none of the above 
A) Perfect elasticity 
B) Elasticity 
C) Perfect inelasticity 
D) none of the above

Question 10

_____ are reductions in variable costs directly related to increasing volume of production output.

Accepted Answer

A) Division of labor 
B) Economies of scope 
C) Economies of scale 
D) Total variable costs 
A) Division of labor 
B) Economies of scope 
C) Economies of scale 
D) Total variable costs

Question 11

Another way of stating the measure of productivity is to put a dollar value on the output volume per unit of time.

Accepted Answer

A) True 
 B)False

Question 12

A major factor that accounts for poor productivity is democracy-the great inhibitor of flexibility.

Accepted Answer

A) True 
 B)False

Question 13

Poor R&D productivity yields

Accepted Answer

A) inferior processes. 
B) difficult operations and low profit margins. 
C) poor quality and high costs. 
D) all of the above 
A) inferior processes. 
B) difficult operations and low profit margins. 
C) poor quality and high costs. 
D) all of the above

Question 14

Productivity is _____ and equals a measure of production efficiency.

Accepted Answer

A) outputs divided by inputs 
B) outputs added to inputs 
C) inputs divided by outputs 
D) inputs minus outputs 
A) outputs divided by inputs 
B) outputs added to inputs 
C) inputs divided by outputs 
D) inputs minus outputs

Question 15

Although much knowledge exists about production systems and operations management,there have been and continue to be serious productivity problems in the world.

Accepted Answer

A) True 
 B)False

Question 16

Discuss some of the various hypothesis proposed to explain the inability to sustain stable productivity growth in a turbulent era of new technological developments by nations.

Accepted Answer

Leading industrial nations have experien

Question 17

Mr.Tubbs wants to determine the capital productivity of his manufacturing firm.He produced 750,000 units last year and had $500,000 invested.

Accepted Answer

capital productivity (t) = out

Question 18

Capital productivity is measured in dollars as the ratio obtained when the costs for all the resources used are divided into the total output of goods and services.

Accepted Answer

A) True 
 B)False

Question 19

How can bureaucracy be seen as a stabilizing force in organizations?

Accepted Answer

In organizations that are undisciplined

Question 20

Small- and medium-sized firms are organizations with about _____ people.

Accepted Answer

A) 300 
B) 600 
C) 700 
D) 900 
A) 300 
B) 600 
C) 700 
D) 900

Increasingly,companies buy from suppliers located around the world and sell in markets that are equally dispersed.

_____ productivity is where the effects of labor and capital are combined and divided into the output.

A sensible limit for the size of an efficient production system is in the neighborhood of _ to _ people.

The elasticity-productivity tie between operations management and marketing is best described by the following:

Technology allows employees to work virtually anywhere on many subjects without geographical restrictions.

Capital productivity can be measured by

Productivity measures are excluded from inflation calculations.

_____ is the rate-of-change measure that expresses the degree to which demand grows or shrinks in response to a price change.

_____ are reductions in variable costs directly related to increasing volume of production output.

Another way of stating the measure of productivity is to put a dollar value on the output volume per unit of time.

A major factor that accounts for poor productivity is democracy-the great inhibitor of flexibility.

Poor R&D productivity yields

Productivity is _____ and equals a measure of production efficiency.

Although much knowledge exists about production systems and operations management,there have been and continue to be serious productivity problems in the world.

Discuss some of the various hypothesis proposed to explain the inability to sustain stable productivity growth in a turbulent era of new technological developments by nations.

Mr.Tubbs wants to determine the capital productivity of his manufacturing firm.He produced 750,000 units last year and had $500,000 invested.

Capital productivity is measured in dollars as the ratio obtained when the costs for all the resources used are divided into the total output of goods and services.

How can bureaucracy be seen as a stabilizing force in organizations?

Small- and medium-sized firms are organizations with about _____ people.

Product Line Planning and the Systems Approach

Demand Creation and Predictive Planning

Understanding Quality: ITS Management and Strategic Importance

Process Configuration Strategies

Process Analysis and Redesign

Quality Assurance

Management of Technology Mot

Teamwork Planning Requires Job Design

Supply Chain Capacity Planning

Facilities Planning: Location and Layout

Materials Management Impacts All Supply Chain Participants

Aggregate Planning to Balance Supply and Demand

Inventory Management for Smooth and Continuous Demand Patterns

Material Requirements Planning Mrp for Sporadic Demand Patterns

Production Scheduling for Manufacturing and Service Operations

Cycle-Time Management Increases Productivity

Project Management for New Products and Processes

Change Management With Faster Project Completions

Sustainability Issues: Environment, Ethics, and Security

Filters

Exam 2: Productivity and Strategic Planning

Increasingly,companies buy from suppliers located around the world and sell in markets that are equally dispersed.

_____ productivity is where the effects of labor and capital are combined and divided into the output.

A sensible limit for the size of an efficient production system is in the neighborhood of _____ to _____ people.

The elasticity-productivity tie between operations management and marketing is best described by the following:

Technology allows employees to work virtually anywhere on many subjects without geographical restrictions.

Capital productivity can be measured by

Productivity measures are excluded from inflation calculations.

_____ is the rate-of-change measure that expresses the degree to which demand grows or shrinks in response to a price change.

_____ are reductions in variable costs directly related to increasing volume of production output.

Another way of stating the measure of productivity is to put a dollar value on the output volume per unit of time.

A major factor that accounts for poor productivity is democracy-the great inhibitor of flexibility.

Poor R&D productivity yields

Productivity is _____ and equals a measure of production efficiency.

Although much knowledge exists about production systems and operations management,there have been and continue to be serious productivity problems in the world.

Discuss some of the various hypothesis proposed to explain the inability to sustain stable productivity growth in a turbulent era of new technological developments by nations.

Mr.Tubbs wants to determine the capital productivity of his manufacturing firm.He produced 750,000 units last year and had $500,000 invested.

Capital productivity is measured in dollars as the ratio obtained when the costs for all the resources used are divided into the total output of goods and services.

How can bureaucracy be seen as a stabilizing force in organizations?

Small- and medium-sized firms are organizations with about _____ people.

Product Line Planning and the Systems Approach

Demand Creation and Predictive Planning

Understanding Quality: ITS Management and Strategic Importance

Process Configuration Strategies

Process Analysis and Redesign

Quality Assurance

Management of Technology Mot

Teamwork Planning Requires Job Design

Supply Chain Capacity Planning

Facilities Planning: Location and Layout

Materials Management Impacts All Supply Chain Participants

Aggregate Planning to Balance Supply and Demand

Inventory Management for Smooth and Continuous Demand Patterns

Material Requirements Planning Mrp for Sporadic Demand Patterns

Production Scheduling for Manufacturing and Service Operations

Cycle-Time Management Increases Productivity

Project Management for New Products and Processes

Change Management With Faster Project Completions

Sustainability Issues: Environment, Ethics, and Security

Filters

A sensible limit for the size of an efficient production system is in the neighborhood of _ to _ people.