with correct answers
A breakeven analysis of multiple options requires which things? (choose all that apply) - CORRECT ANSWER-- Fixed cost for each option
- Variable cost for each option
A group of machines including supervisory computer control, automatic material handling, and possibly robots is called: - CORRECT ANSWER-a flexible manufacturing
system
A low-volume process that produces customized products is called a: - CORRECT ANSWER-Job shop
A type of process that creates one-of-a-kind products is: (choose all that apply) - CORRECT ANSWER-- Job shop
- Project
Allowances for which of these factors would be subtracted from design capacity when calculating effective capacity? - CORRECT ANSWER-All of these choices are
correct (4):
- personal time
- changing the mix of products
- scheduling problems
- equipment maintenance
Among the potential disadvantages of having global operations is/are: - CORRECT ANSWER-low labor productivity
An operations strategy for process selection should recognize that: - CORRECT ANSWER-flexibility is not always the best choice.
At the break-even point: - CORRECT ANSWER-total costs = total revenue
Beginning production based on a forecast of customer demand is called a ________ strategy. - CORRECT ANSWER-Push
Budgeting, analysis of investment proposals, and provision of funds are activities associated with the _______ function. - CORRECT ANSWER-finance
Buying goods or services instead of producing or providing them in-house is called: - CORRECT ANSWER-outsourcing
Capacity in excess of expected demand that is intended to offset uncertainty is a: - CORRECT ANSWER-capacity cushion.
Capacity is directly related to: - CORRECT ANSWER-Output
Machines
Time
Processes
Excitement characteristics are categories in the _________ model. - CORRECT ANSWER-Kano
Forecasts can be made more accurate by: - CORRECT ANSWER-Using a shorter time horizon.
Aggregating to product families or locations.
Using multiple sources of information.
Gathering data closer to the customer.
Given forecast errors of 5, 0, -4, and 3, what is the mean absolute deviation? - CORRECT ANSWER-3
Convert each error into an absolute value and then average.
Gourmet Pretzels bakes soft pretzels on an assembly line. It currently bakes 800 pretzels each eight-hour shift. If the production is increased to 1,200 pretzels each shift,
then productivity will have increased by: - CORRECT ANSWER-50 percent
In which type of operation are you likely to see, at most, only minor variations in the product or service being produced using the same process and the same equipment?
- CORRECT ANSWER-Repetitive production
In which type of processing system would gasoline be produced from crude oil? - CORRECT ANSWER-Continuous
Job shops tend to be __________ while continuous processes tend to be __________. - CORRECT ANSWER-small scale and flexible; large-scale and inflexible
Key aspects of the process selection challenge include _________ and __________. - CORRECT ANSWER-capital intensity; process flexibility
Measurements taken at various points in the transformation process for control purposes are called: - CORRECT ANSWER-feedback.
Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. This increased level of _____________ is leading to
increased emphasis on ____________ management. - CORRECT ANSWER-outsourcing; supply chain
One structured approach for integrating customer requirements into every aspect of product development is: - CORRECT ANSWER-quality function deployment.
Production systems with customized outputs typically have relatively: - CORRECT ANSWER-skilled workers.
Productivity growth can be calculated by: - CORRECT ANSWER-((current productivity − previous productivity) ÷ (previous productivity)) × 100
Productivity is expressed as: - CORRECT ANSWER-output divided by input
Simple exponential smoothing is being used to forecast demand. The previous forecast of 66 turned out to be four units less than actual demand. The next forecast i s
66.6, implying a smoothing constant, alpha, equal to: - CORRECT ANSWER-0.15
Suppose a country's productivity last year was 84. If this country's productivity growth rate of 5% is to be maintained, this means that this year's productivity will have to
be _______. - CORRECT ANSWER-88.2