MGMT 401 - Final || 100% Verified Answers.
Productivity increases when correct answers inputs increase while outputs remain the same
According to our textbook which of the following "generic" strategies allows firms to achieve
their missions? correct answers differentiation, low cost, and response
Which of the following is not an operations management strategy/issue during the growth phase
of a product's life cycle? correct answers forecasting is critical
The most important aspect of an operations strategy is that it correct answers be consistent with
the other functional area strategies and the sbu strategy
According to Theory of Constraints, the three measures primary to the goal of making money are
correct answers inventory, throughput, operating expenses
MRP is best described as a method of correct answers increasing the accuracy of inventory
records
A bill of materials is a list of correct answers the components or materials required to produce an
item
Which of the following statements is true about the kanban system of JIT? correct answers The
customer workstation signals to the supplier workstation when production is needed.
Balanced plants can't meet market demand due to correct answers The combination of statisctical
fluctuations and dependent events
The sum of what two variable costs is to be minimized in the economic order quality problem?
correct answers holding(carrying) cost and setup (order processing) cost
A person is said to be in control when correct answers All assignable or special causes of
variation have been removed
From a TOC perspective, reducing batch sizes at the bottleneck process helps to increase
throughput (T/F) correct answers T
The critical path is composed of those activities which have correct answers the longest
individual completion times
The taguchi method includes 3 major concepts. These concepts include all of the following
expect correct answers quality training costs
In a pert/cpm network, non critical activities that have little slack need to be monitored closely
because correct answers because near-critical paths could become critical paths with small delays
in these activities
Productivity increases when correct answers inputs increase while outputs remain the same
According to our textbook which of the following "generic" strategies allows firms to achieve
their missions? correct answers differentiation, low cost, and response
Which of the following is not an operations management strategy/issue during the growth phase
of a product's life cycle? correct answers forecasting is critical
The most important aspect of an operations strategy is that it correct answers be consistent with
the other functional area strategies and the sbu strategy
According to Theory of Constraints, the three measures primary to the goal of making money are
correct answers inventory, throughput, operating expenses
MRP is best described as a method of correct answers increasing the accuracy of inventory
records
A bill of materials is a list of correct answers the components or materials required to produce an
item
Which of the following statements is true about the kanban system of JIT? correct answers The
customer workstation signals to the supplier workstation when production is needed.
Balanced plants can't meet market demand due to correct answers The combination of statisctical
fluctuations and dependent events
The sum of what two variable costs is to be minimized in the economic order quality problem?
correct answers holding(carrying) cost and setup (order processing) cost
A person is said to be in control when correct answers All assignable or special causes of
variation have been removed
From a TOC perspective, reducing batch sizes at the bottleneck process helps to increase
throughput (T/F) correct answers T
The critical path is composed of those activities which have correct answers the longest
individual completion times
The taguchi method includes 3 major concepts. These concepts include all of the following
expect correct answers quality training costs
In a pert/cpm network, non critical activities that have little slack need to be monitored closely
because correct answers because near-critical paths could become critical paths with small delays
in these activities
