• BUSI 2003 WEEK 2 QUESTIONS AND ANSWERS 2021

• BUSI 2003 WEEK 2 • Question 1 0 out of 2 points Process selection choices affect all parts of the firm and thus involve all functional areas along with general management. Selected Answer: False Correct Answer: True Answer Feedback: (pp. 79, see last paragraph of section 4.8). • Question 2 0 out of 2 points Make-to-stock (MTS) and make-to-order (MTO) process choices each offer relative advantages and disadvantages. Which of the following statements concerning MTS and MTO is true? Selected Answer: [None Given] Correct Answer: MTO typically allows for higher flexibility in product design offerings. • Question 3 0 out of 2 points The second common phase of product development focuses on product design. Which of the following is not an activity of the product design? Selected Answer: [None Given] Correct Answer: Management commitment of project funding to build product • Question 4 0 out of 2 points Batch flow production systems have a number of characteristics. Which of the following is typically not a characteristic of batch flow production systems? Selected Answer: [None Given] Correct Answer: Throughput ratios (TR) commonly exceeding 70 percent