Lean production systems incorporate the advantages of both mass production and craft
production. (TF) - Answers True
Select the factors which contributed to the bankruptcies of Sears and Toys 'R' Us.
1) Too much debt
2) poor operational execution
3) management turnover
4) competitive threats - Answers All of them
Many operations management decisions can be described as tradeoffs. (TF) - Answers True
Service often requires greater labor content, whereas manufacturing is more capital intensive.
(TF) - Answers True
Operations, marketing, and finance function independently of each other in most organizations.
(TF) - Answers False
Product design and process selection are examples of ________ decisions. - Answers system
design
If a logistics manager wants to lower inventory costs, which of the following is also likely to be
true: - Answers Transportation costs will go up, but this will be offset by warehouse facility and
labor savings.
Companies whose core competency focuses on efficiency generate high margins. (TF) -
Answers False
Margins are typically low, so these companies look to improve overall profits with increased
scale
In an assembly operation at a furniture factory, six employees assembled an average of 450
standard dining chairs per five-day week. What is the labor productivity of this operation? -
Answers 15 chairs/worker/day
the manger of a carpet store is trying to determine the best installation crew size. - Answers
Find the average installation per worker in each crew size
the weeklly output of a fabrication process is shown below.
what is the average multifactor productivity across both weeks? - Answers Productivity =
Output/Input