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OMGT Exam Comprehensive Questions (Frequently Tested) and Complete Solutions Graded A+ ECU.

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OMGT Exam Comprehensive Questions (Frequently Tested) and Complete Solutions Graded A+ ECU.

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OMGT Exam Comprehensive
Questions (Frequently Tested) and
Complete Solutions Graded A+ ECU
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business process is a structural set of activities designed to produce a
specific output - Answer: true



business process management consist of the following steps except.... -
Answer: bottleneck identification

,(includes: design, optimize, execute, monitor)



which of the following is NOT a benefit of using business process
management - Answer: increased value added time

(benefits: reduced waste, improved process consistency, increased
productivity)



productivity is expressed as......... - Answer: output divided by input



a car wash services 200 customers in a 4-hour span on a lovely Saturday
afternoon. The car wash employs 5 washers at $6 per hour. An
appropriate measure of productivity is: - Answer: 1.7 cars/$



when an organization compares products, services, and processes
against those of organizations known to be leaders in one or more
aspect of their operations, they are engaging in......... - Answer:
benchmarking



continuous flow is more efficient but less flexible than job shop
because...... - Answer: continuous flow produces products in extreme
high volume

, ___________ products involve no customization but ____________
products are completely customized driven by actual customer orders. -
Answer: make to stock, make to order



which of the following refers to a production environment where a
product can be made from common components after receipt of a
customer's order - Answer: assemble to order



the maximum level of output of a system in a certain time period under
ideal conditions is the....... - Answer: theoretical capacity



if the maximum output level of a piece of equipment is at a rate of 400
units per hour and the actual output during an hour is 350 units., which
of the following is the capacity utilization rate? - Answer: 87.5%



Assume a fixed cost for a process of $120,000. The variable cost to
produce each unit of product is $35 and the selling price for the
finished product is $50. Which of the following is the number of units
that has to be produced and sold to break-even? - Answer: 8,000



a company is considering producing a product for a new market. The
fixed costs required for manufacturing and delivering the product is
$50,000. Labor and material costs are estimated to be approximately

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