HTM 2314 Practice Final Exam
Questions and Answers
What is a consequence of using flexible machine cells? - Answer-it improves capacity
utilization and reduces waste
A product's value-to-weight ratio effects location decisions primarily because of its
influence on - Answer-transportation costs
What are some automobile companies doing in situations where neither centralization
nor decentralization of production is feasible? - Answer-establishing top-to-bottom
manufacturing
Channel COrp. is an electronics retail giant with offices in Atlanta. The company
decides to build a facility in Silicon Valley where new products can be developed since
this area is known for technological innovation. Which type of facility is Channel Corp.
building? - Answer-lead factory
What is a drawback of ISO 9000 certification? - Answer-it is bureacratic and costly for
many firms
An important objective shared by both production and logistics functions of an
international firm is to - Answer-lower costs by dispersing production activities
Sweet Stuff Sugar Source ships product all over the world, Since the product it ships
has a low value-to-weight ratio, transportation costs are - Answer-a large percentage of
the total cost
Predatory pricing and experience curve pricing do not violate antidumping regulations -
Answer-FALSE
Relatively simple statistical techniques that describe what is contained in a dataset are
known as predictive analytics - Answer-FALSE
In terms of pricing strategies, dumping occurs whenever an international firm sells a
product for a price that is less than the price charged by domestic producers - Answer-
FALSE
Questions and Answers
What is a consequence of using flexible machine cells? - Answer-it improves capacity
utilization and reduces waste
A product's value-to-weight ratio effects location decisions primarily because of its
influence on - Answer-transportation costs
What are some automobile companies doing in situations where neither centralization
nor decentralization of production is feasible? - Answer-establishing top-to-bottom
manufacturing
Channel COrp. is an electronics retail giant with offices in Atlanta. The company
decides to build a facility in Silicon Valley where new products can be developed since
this area is known for technological innovation. Which type of facility is Channel Corp.
building? - Answer-lead factory
What is a drawback of ISO 9000 certification? - Answer-it is bureacratic and costly for
many firms
An important objective shared by both production and logistics functions of an
international firm is to - Answer-lower costs by dispersing production activities
Sweet Stuff Sugar Source ships product all over the world, Since the product it ships
has a low value-to-weight ratio, transportation costs are - Answer-a large percentage of
the total cost
Predatory pricing and experience curve pricing do not violate antidumping regulations -
Answer-FALSE
Relatively simple statistical techniques that describe what is contained in a dataset are
known as predictive analytics - Answer-FALSE
In terms of pricing strategies, dumping occurs whenever an international firm sells a
product for a price that is less than the price charged by domestic producers - Answer-
FALSE
