Question 1

________ refers to contracting out certain business functions or operations to other companies.

Accepted Answer

A)  Outsourcing 
B)  Scaling 
C)  Rescaling 
D)  Customization 
E)  External valuation 
A)  Outsourcing 
B)  Scaling 
C)  Rescaling 
D)  Customization 
E)  External valuation

Question 2

Select a company of your choice and create a systems model for the company.Create the model by identifying various systems and by representing the company itself as a large system that receives inputs and provides outputs.Clearly mention the transformation processes in your model.

Accepted Answer

The students should create a model by cl

Question 3

Compare and contrast mass production,customized production,and mass customization.

Accepted Answer

Both goods and services can be created t

Question 4

Offshoring is moving processes to markets that are closer to home in order to minimize transportation and management costs.

Accepted Answer

A) True 
 B)False

Question 5

Organizations can promote systems thinking by ________.

Accepted Answer

A)  showing people how they contribute to the overall goal 
B)  implementing output-based individual incentives 
C)  restricting interactions at the subsystem level 
D)  giving them direct solutions from the top 
E)  implementing output-based incentives for small teams 
A)  showing people how they contribute to the overall goal 
B)  implementing output-based individual incentives 
C)  restricting interactions at the subsystem level 
D)  giving them direct solutions from the top 
E)  implementing output-based incentives for small teams

Question 6

Measuring quality against established standards after production is known as quality assurance.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is a major difference between a line view and a circular view?

Accepted Answer

A)  Multiple activities are considered in a series view, unlike a circular view. 
B)  A line view has multiple activities, unlike a circular view. 
C)  A circular view includes feedback, unlike a line view. 
D)  A circular view shows multiple activities, unlike a line view. 
E)  Multiple activities are considered in a circular view, unlike a serial view. 
A)  Multiple activities are considered in a series view, unlike a circular view. 
B)  A line view has multiple activities, unlike a circular view. 
C)  A circular view includes feedback, unlike a line view. 
D)  A circular view shows multiple activities, unlike a line view. 
E)  Multiple activities are considered in a circular view, unlike a serial view.

Question 8

Capacity planning refers to making decisions about the arrangement of production work centers and other elements.

Accepted Answer

A) True 
 B)False

Question 9

________ refers to measuring quality against established standards after the good or service has been produced and weeding out any defective products.

Accepted Answer

A)  Statistical process control 
B)  Quality assurance 
C)  Quality control 
D)  Continuous quality 
E)  Total quality management 
A)  Statistical process control 
B)  Quality assurance 
C)  Quality control 
D)  Continuous quality 
E)  Total quality management

Question 10

Productivity is the measure of the efficiency at which an organization can convert inputs into outputs.

Accepted Answer

A) True 
 B)False

Question 11

Why is the offshoring debate an excellent example of conflicting priorities in the stakeholder model?

Accepted Answer

Offshoring may maximize a company's prof

Question 12

A country can protect its domestic industries by levying tariffs against imported goods.The tariff makes the imported goods more expensive.It has been suggested that the U.S.establish a tariff against imported labor as well.A company that offshores jobs in pursuit of lower labor costs would have to pay a tariff or tax that would make that labor more expensive,which may discourage further offshoring.Do you think this tax or tariff would be a good idea? Why or why not? Do you think it would serve its intended purpose of slowing down offshoring?

Accepted Answer

Offshoring will often increase the produ

Question 13

________ is a special type of bar chart that shows the progress of all the tasks needed to complete a project.

Accepted Answer

A)  Forecast schedule 
B)  Gantt chart 
C)  Value chart 
D)  PERT diagram 
E)  Supply chain diagram 
A)  Forecast schedule 
B)  Gantt chart 
C)  Value chart 
D)  PERT diagram 
E)  Supply chain diagram

Question 14

The period of time that elapses between placing an order and actual receipt is the product's lag time.

Accepted Answer

A) True 
 B)False

Question 15

Statistical process control refers to the use of random sampling and tools,such as control charts,to monitor the production process.

Accepted Answer

A) True 
 B)False

Question 16

A supply chain ________.

Accepted Answer

A)  cannot be distinct for different departments 
B)  is applicable for services rather than goods 
C)  has only two components 
D)  does not include end customers 
E)  coordinates the flow of goods and materials 
A)  cannot be distinct for different departments 
B)  is applicable for services rather than goods 
C)  has only two components 
D)  does not include end customers 
E)  coordinates the flow of goods and materials

Question 17

________ is a tool used by manufacturing facilities to coordinate production of all the goods the company makes.

Accepted Answer

A)  JIT system 
B)  Value web 
C)  Six Sigma 
D)  Inventory list 
E)  Master production schedule 
A)  JIT system 
B)  Value web 
C)  Six Sigma 
D)  Inventory list 
E)  Master production schedule

Question 18

Explain how systems are found in a company.

Accepted Answer

A system is an interconnected and coordi

Question 19

The sequence of activities that take the longest time from start to finish in a PERT diagram is called the ________ path.

Accepted Answer

A)  external 
B)  lagging 
C)  minor 
D)  critical 
E)  buffered 
A)  external 
B)  lagging 
C)  minor 
D)  critical 
E)  buffered

Question 20

________ refers to the arrangement of production work centers and other elements needed to process goods and services.

Accepted Answer

A)  Supply chain 
B)  Facility layout 
C)  Capacity plan 
D)  Critical path 
E)  Production forecast 
A)  Supply chain 
B)  Facility layout 
C)  Capacity plan 
D)  Critical path 
E)  Production forecast

________ refers to contracting out certain business functions or operations to other companies.

Select a company of your choice and create a systems model for the company.Create the model by identifying various systems and by representing the company itself as a large system that receives inputs and provides outputs.Clearly mention the transformation processes in your model.

Compare and contrast mass production,customized production,and mass customization.

Offshoring is moving processes to markets that are closer to home in order to minimize transportation and management costs.

Organizations can promote systems thinking by ________.

Measuring quality against established standards after production is known as quality assurance.

Which of the following is a major difference between a line view and a circular view?

Capacity planning refers to making decisions about the arrangement of production work centers and other elements.

________ refers to measuring quality against established standards after the good or service has been produced and weeding out any defective products.

Productivity is the measure of the efficiency at which an organization can convert inputs into outputs.

Why is the offshoring debate an excellent example of conflicting priorities in the stakeholder model?

________ is a special type of bar chart that shows the progress of all the tasks needed to complete a project.

The period of time that elapses between placing an order and actual receipt is the product's lag time.

Statistical process control refers to the use of random sampling and tools,such as control charts,to monitor the production process.

A supply chain ________.

________ is a tool used by manufacturing facilities to coordinate production of all the goods the company makes.

Explain how systems are found in a company.

The sequence of activities that take the longest time from start to finish in a PERT diagram is called the ________ path.

________ refers to the arrangement of production work centers and other elements needed to process goods and services.

Developing a Business Mindset

Understanding Basic Economics

The Global Marketplace

Business Ethics and Corporate Social Responsibility

Forms of Ownership

Entrepreneurship and Small Business Ownership

Management Roles, Functions, and Skills

Organization and Teamwork

Employee Motivation

Human Resources Management

Labor Relations

The Art and Science of Marketing

Product and Pricing Strategies

Distribution and Marketing Logistics

Customer Communication

Financial Information and Accounting Concepts

Financial Management

Financial Markets and Investment Strategies

The Money Supply and Banking Systems

Filters

Exam 9: Production Systems

________ refers to contracting out certain business functions or operations to other companies.

Select a company of your choice and create a systems model for the company.Create the model by identifying various systems and by representing the company itself as a large system that receives inputs and provides outputs.Clearly mention the transformation processes in your model.

Compare and contrast mass production,customized production,and mass customization.

Offshoring is moving processes to markets that are closer to home in order to minimize transportation and management costs.

Organizations can promote systems thinking by ________.

Measuring quality against established standards after production is known as quality assurance.

Which of the following is a major difference between a line view and a circular view?

Capacity planning refers to making decisions about the arrangement of production work centers and other elements.

________ refers to measuring quality against established standards after the good or service has been produced and weeding out any defective products.

Productivity is the measure of the efficiency at which an organization can convert inputs into outputs.

Why is the offshoring debate an excellent example of conflicting priorities in the stakeholder model?

________ is a special type of bar chart that shows the progress of all the tasks needed to complete a project.

The period of time that elapses between placing an order and actual receipt is the product's lag time.

Statistical process control refers to the use of random sampling and tools,such as control charts,to monitor the production process.

A supply chain ________.

________ is a tool used by manufacturing facilities to coordinate production of all the goods the company makes.

Explain how systems are found in a company.

The sequence of activities that take the longest time from start to finish in a PERT diagram is called the ________ path.

________ refers to the arrangement of production work centers and other elements needed to process goods and services.

Developing a Business Mindset

Understanding Basic Economics

The Global Marketplace

Business Ethics and Corporate Social Responsibility

Forms of Ownership

Entrepreneurship and Small Business Ownership

Management Roles, Functions, and Skills

Organization and Teamwork

Employee Motivation

Human Resources Management

Labor Relations

The Art and Science of Marketing

Product and Pricing Strategies

Distribution and Marketing Logistics

Customer Communication

Financial Information and Accounting Concepts

Financial Management

Financial Markets and Investment Strategies

The Money Supply and Banking Systems

Filters