• BUSI 2003 WK 2 QUIZ

• Question 1 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 Make-to-stock (MTS) and make-to-order (MTO) process choices each offer relative 0 out of 2 points 0 out of 2 points 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 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 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 • Question 5 The interfunctional approach is usually the best way to develop new products since it includes both market and technological considerations in the new product design. 0 out of 2 points 0 out of 2 points 0 out of 2 points Selected Answer: [None Given] Correct Answer: • Question 6 True 0 out of 2 points Quality Function Deployment is also referred to as a house of quality chart. Selected Answer: [None Given] Correct Answer: True • Question 7 An organization's strategy must be chosen such that it is linked with product plans and management's competitive priorities. Which company below is most likely to choose a batch flow production system? 0 out of 2 points Selected Answer: [None Given] Correct Answer: Company 3: Manufactures customized products with an emphasis on flexible product designs. • Question 8 Which of these factors should a company consider while deciding upon a certain process choice? Selected Answer: [None Given] Correct Answer: Capital requirements, labor, technology, and market conditions • Question 9 Modular design is a prerequisite to a mass customization process. Selected Answer: [None Given] Correct Answer: True • Question 10 Which of the following is not one of the five classifications of product flows or forms? Selected Answer: [None Given] Correct Answer: Variable • Question 11