Exam 9: Production Systems

A company that hires an outside firm to do its accounting and payroll function is outsourcing that function.

Scheduling involves determining how long each operation takes and deciding which tasks are done in which order.

Create a sample capacity plan for a business that you want to start.Clearly mention such aspects as future demand and starting capacity.

Achieving ISO certification indicates that the ________.

________ are estimates of future demand for a company's products.

Customer involvement tends to be more for goods than services.

Hudson Foods markets processed foods in the United States.The company obtains raw materials from small-scale producers in the U.S.and Canada.This act of getting the necessary raw materials for production is called ________.

Ronda Scooters is a leading Asian manufacturer of electric scooters.The company procures raw materials from a firm based in China.The Chinese supplier delivers materials in about three weeks after receiving a confirmed order.This period is referred to as the materials' ________.

________ refers to transferring a part or all of a business function to a facility in another country.

________ is a comprehensive approach of companywide policies,practices,and procedures to ensure that every product meets quality standards.

Rolber Cycles is a manufacturer of racing bicycles.The company gives extreme importance to customer responsiveness and keeps products ready in the warehouse to deliver to customers immediately after they receive an order.These products are best referred to as ________.

In response to increasing demand for products in developing countries,some manufacturers pursue a strategy called ________ by establishing production facilities in or near those markets.

Identical goods or services are created in large quantities in mass customization.

The technology known as ________ attaches small antenna tags to products or shipping containers to help the company track where needed materials are in its supply chain.

Making sure you have what you need no earlier than when you need it is known as just-in-time inventory management.

________ refers to determining the right quantities of supplies and products to have on hand and tracking where those items are.

Feedback is the information from the output applied back to the input.

Morkel Toys is a manufacturer of toys.The company produces tens of thousands of Barbie Dolls in its factories every day.It uses large machinery to automate the production and the output is standardized.This is an example of ________.

Capacity planning is not directly linked to estimation of future demand.

________ include all the elements and processes from transforming raw materials to making the final products available to the ultimate customer.