Company''s strategic operational competitive position

Assignment Help Operation Management
Reference no: EM1392334

Operations Management

1 One of the package of features that make up a service are:

Appearance

Facilitating goods

Packaging

Cost

Implied use

2 The Goods-Services Continuum consists of which set of the following categories?

No goods, some goods, even mix, some service, no service

Pure goods, core goods, core services, pure services

No service, some service, good service, excellent service

Self-service, help desk service, face-to-face service, service-with-a-simle

None of the above

3 A major competitive dimension that forms a company's strategic operational competitive position in their strategic planning is which of the following?

Cost or price

Focus

Automation

Straddling

Activity system mapping

4 When developing an operations and supply chain strategy, which of the following is an important product-specific criterion to consider?

Technical liason

Learning curve

Competitor's product performance

Production lot-size

Total quality management

5 An activity-system map is which of the following?

A network guide to route airlines

A listing of activities that make up a project

.A facility layout schematic noting what is done where

A timeline displaying major planned events

A diagram that shows how a company's strategy is delivered to customers

6 Which of the following is not a measure of operations and supply chain management efficiency used by Wall Street?

Inventory turnover

Revenue per employee

Receivable turnover

Earnings per share

Asset turnover

7 Which of the following is a characteristic of concurrent engineering?

Integrated computer-assisted design

Using automated guided vehicles

Separate development teams working at once

Having an excellent forecasting system

The design-build-test cycle

8 Design for manufacturing and assembly delivers product improvements by emphasizing which of the following?

Reducing product quality during the assembly process

Simplification of the product by reducing the number of separate parts

Reducing equipment in the production process

Design products so they can be manufactured by a virtual factory

Designing products that customers will want

9 Which of the following is a time-to-market performance measure used in judging product development performance?

Frequency of new product introductions

Product reliability

Customer loyalty

Yield

Value analysis

10 The ability to rapidly and inexpensively switch production from one product to another enables what are sometimes referred to as:

Economies of scale

Economies of size

Economies of shape

Economies of scope

Economies of shipping

11 Capacity planning involving acquisition or disposal of fixed assets such as buildings, equipment or facilities is considered as which one of the following planning horizons?

Intermediate-range

Long-range

Short range

Current

Upcoming

12 If the best operating level of a piece of equipment is at a rate of 400 units per hour and the actual output during an hour is 300 units, which of the following is the capacity utilization rate?

.75

,33

100

1.00

1.25

13 The capacity focus concept can be put into practice through a mechanism called which of the following?

Best operating level (BOL)

Plant within a plant (PWP)

Total quality management (TQM)

Capacity utilization rate (CUR

Zero-changeover-time (ZXT)

14 The way to build in greater flexibility in your workers is to do which of the following?

Pay higher wages to motivate a willingness to do a variety to tasks

Use part-time employees with specialized skills as needed

Provide a wide variety of technology to augment workers skills

Institute a "pay for skills" program

Provide a broader range of training

15 An assumption of learning curve theory is which of the following?

Unit time will decrease at a decreasing rate

Unit time will increase at a decreasing rate

Unit time will decrease at an increasing rate

Unit time will increase at an increasing rate

Unit time will hold constant

16 Which of the following computational methods are used to calculate learning curve statistics?

Simple compounding

Exponential smoothing

Logarithms

Calculus

Negative recursive multiplication

17 The unit improvement factor for a 60% learning curve at 25 units is 0.0933. The first and second timings of a person doing a job are 5 minutes and 3 minutes respectively. Which of the below is the learning-adjusted time estimate for unit number 25?

0.4665 minutes

0.0933 minutes

4.665 minutes

9.33 minutes

3 minutes

18 You have just timed a person doing a job a four times. The first time it took the person 120 minutes, the second time it took 90 minutes, the third time it took 76.1 minutes, and the fourth time it took 67.5 minutes. Which Learning Curve Unit Improvement Factor should you use?

25 percent

75 percent

80 percent

85 percent

90 percent

19 You have determined that a 75 percent learning curve is appropriate for a task. If the initial timing of the person performing that job was 50 minutes, and if you need the job performed 500 times, how many minutes of work will be required?

25,000 minutes

3,184 minutes

3,184 minutes

1,379 minutes

636.8 minutes

20 A process flowchart uses symbols to represent which of the following?

Factory location

Warehouse space available

Work force schedules

Flows of material or customers

Data analysis

21 A process flowchart uses which of the following symbols to represent storage areas or queues in a flow diagram?

Rectangle

Arrow

Inverted Triangle

Diamond

A dashed line

22 A process flowchart uses which of the following symbols to represent flows of material or customers in a flow diagram?

Rectangle

Arrow

Inverted Triangle

Diamond

A dashed line

23 Which following production process term best describes the situation when activities in a stage of production must stop because there is no work?

Blocking

Buffering

Starving

Buffer

Setup time

24 An advantage of a make-to-stock process is which of the following?

Rapid delivery of a standard product

All units of output are unique

It responds directly to customer orders

It allows the firm to avoid inventory costs

It combines the best features of other processes

25 According to Little's Law, which of the following ratios is used to find flow time?

Cycle time/Process time

Throughput time/Process velocity

Process velocity/Throughput time

Inventory/Throughput rate

Value added time/Process velocity

26 To reduce process throughput time you might try which of the following actions?

Outsource activities

Change the sequence of activities

Improve teamwork

Reduce management interference

Introduce incentive pay

27 A difference between project and continuous flow categories of process flow structures is which of the following?

The size of the product

Discrete parts moving from workstation to workstation

Degree of equipment specialization

Being a "Virtual Factory"

Profit per unit

28 Assume a fixed cost for a process of $120,000. The variable cost to produce each unit of product is $35, and the selling price for the finished product is $50. Which of the following is the number of units that has to be produced and sold to break-even?

5,000 units

6,000 units

8,000 units

11,000 units

12,000 units

29 Which of the following is a basic type of process structure?

Process flow diagram

Product matrix

Process matrix

Workcenter

Manual Assembly

30 Which of the following basic types of process structures is one which equipment or work processes are arranged according to the progressive steps by which the product is made?

Project

Workcenter

Manufacturing Cell

Continuous process

Assembly line

31 Which of the following is a characteristic that can be used to guide the design of service systems?

Services cannot be inventoried

Services are all similar

Quality work means quality service

Services businesses are inherently entrepreneurial

Even service businesses have internal services

32 Which of the following refers to the physical presence of the customer in a service system?

Creation of the service

Customer contact

Intermittent production

Continuous production

None of the above

33 Which of the following is an alternative possible service encounter included in the service-system design matrix?

Face-to-face distance

Internet

Questionnaire response

Automated teller (ATM)

Response card encounter

34 In the service-system design matrix, a face-to-face loose specs service encounter is expected to have which of the following?

Low sales opportunity

High production efficiency

Low degree of customer/server contact

Low production efficiency

None of the above

35 The text mentions several common approaches to use when developing a strategy to close a capacity gap (where utilization of a resource exceeds capacity available). Which of the following is not among the common approaches mentioned?

Transferring capacity from other units

Increasing capacity through overtime

Subcontracting with other hospitals

Bottleneck reduction

New construction

36 The textbook mentions seven trends in health care. Which of the following is one of them?

Remote surgical treatment

Gene therapy

Increasing legal costs

Increasing cost of healthcare

Integrated medical care

37 The philosophical leaders of the quality movement, Philip Crosby, W. Edwards Deming, and Joseph M. Juran had the same general message about what it took to achieve outstanding quality. Which of the following was part of that message?

Fourteen steps for quality management

Quality is free

Customer focus

Zero defects

Six-sigma

38 A flow chart as part of a six-sigma quality improvement process might be found in which DMAIC category?

Define

Measure

Analyze

Improve

Control

39 Design of experiments is a statistical methodology often used in six-sigma projects. It aims to accomplish which of the following?

Keep careful track of the occurrences of each possible defect

Determine the cause and effect relationships between process variables and output

Report defects to management on a Pareto chart

Carefully change each individual process variable until the cause of a defect is found

Eliminate defects by finding out who or what is causing them

Reference no: EM1392334

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