Exam 10: Production and Operations Management

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Most services businesses, such as accountants and plumbers, utilize an intermittent production system.

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Computer-integrated manufacturing combines the use of robots, CAD/CAM, and flexible manufacturing systems.

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Just-in-time inventory systems shift much of the responsibility for carrying inventory to vendors.

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Which of the following statements is NOT true of standardization?

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Raw materials are often purchased on a long-term contractual basis.

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The phase of production control in which the manager instructs each department on the work to be done and the time allowed for its completion is called dispatching.

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A Gantt chart is associated with which step in production control?

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MRP is a computer-based production planning system that lets a firm ensure that it has all the parts and materials it needs to produce its output at the right time and place and in the right amounts.

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MATCHING Complete the following using the terms listed. -A(n) _____ transforms raw materials into finished products.

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Production and manufacturing refer to the same process.

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A process layout groups machinery and other equipment according to their functions.

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A production system that reduces a raw material to its component parts in order to extract one or more marketable products is a(n) _____ production system.

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The need for confidentiality sometimes affects the decision to purchase or lease.

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Which of the following is not a primary task of production managers?

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Although firms don't generally decide to completely replace mass production with flexible production or customer-driven production, the addition of these alternative forms of production can lead to job satisfaction.

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The critical path in a PERT diagram illustrates the sequence of operations that requires the longest time for completion.

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Banks most likely utilize a _____ layout.

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A firm that produces a variety of nonstandard products in relatively small quantities would probably use a _____ layout.

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Mass production is highly efficient for producing small quantities of unique items.

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Warehousing costs, taxes, insurance, and maintenance are expenses involved in storing inventory.

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