Question 1

_____ is a data-driven approach to eliminating defects with a goal of 3.4 defects per million.

Accepted Answer

Six Sigma is a data-driven approach aimed at eliminating defects and improving quality, with a target of achieving no more than 3.4 defects per million opportunities.

Question 2

Which of the following is NOT an input in the production process?

Accepted Answer

Assembly is a part of the production process itself, not an input. Inputs are resources used to create products, such as raw materials, machinery, facilities, and labor.

Question 3

_____ is a strategic issue that is designed to bring about business profitability and positive cash flow.

Accepted Answer

Quality is a strategic issue that directly impacts business profitability and cash flow by ensuring customer satisfaction, reducing costs, and enhancing brand reputation.

Question 4

_____ is used to demonstrate that a company stands behind what it produces and the work that it does.

Accepted Answer

A warranty is a promise or guarantee provided by a company to stand behind its products and services, assuring customers of quality and reliability.

Question 5

Outsourced staff typically have a

Accepted Answer

The answer of Outsourced staff typically have a
...

Question 6

_____ is the management and control of the flow of goods and resources from the source of production to the marketplace.

Accepted Answer

Logistics is the correct term for the management and control of the flow of goods and resources from the source of production to the marketplace. It involves the planning, implementation, and coordination of the movement and storage of goods and services.

Question 7

The real success or failure of a quality control effort is dependent on the _____ in the process.

Accepted Answer

The real success or failure of a quality control effort is highly dependent on the human element, as it involves the commitment, awareness, and actions of the people involved in the process.

Question 8

The benefits of _____ are reduced lead times, improved costs, quality, and timing in addition to giving employees more involvement in the production of the entire product rather than in simply one component of a product.

Accepted Answer

Cell manufacturing is designed to improve workflow, reduce waste, and enhance productivity by organizing the production process into cells, each of which is responsible for a complete unit of work. This approach allows for reduced lead times, improved costs, and quality, and gives employees a broader involvement in the production process.

Question 9

In some industries, particularly labor-intensive ones, the only way to achieve competitive costs is to manufacture in a country where

Accepted Answer

Manufacturing in a country where labor costs are low can significantly reduce overall production costs in labor-intensive industries, making the products more competitively priced in the market.

Question 10

Entrepreneurs who subscribe to _____ will probably wish to provide warranties with products and services.

Accepted Answer

Total Quality Management (TQM) focuses on continuous improvement and customer satisfaction, which often involves providing warranties to ensure product and service quality.

Question 11

Operations should be outsourced when all efforts to boost _____ and _____ at home have been exhausted.

Accepted Answer

The answer of Operations should be outsourced when all efforts...

Question 12

Which of the following is NOT a question that an entrepreneur should ask him- or herself if he or she is thinking about outsourcing operations?

Accepted Answer

The answer of Which of the following is NOT a...

Question 13

Building a complex production system while the company is in startup or even later when it is rapidly growing is

Accepted Answer

Building a complex production system during the early or rapid growth stages of a company can lead to significant challenges, including overextending resources and the inability to adapt quickly to market changes, making it a risky strategy.

Question 14

_____ can be thought of as a river with upstream and downstream business activities that move a product through design, product development, sourcing, producing, and delivering to the final customer.

Accepted Answer

A supply chain encompasses the series of steps and processes involved in the production and distribution of a product, from the initial sourcing of materials to the delivery to the end customer, much like a river flowing from upstream to downstream activities.

Question 15

_____ organizations are common among manufacturers with capital-intensive processes and among service companies.

Accepted Answer

Process-focused organizations are common among manufacturers with capital-intensive processes and among service companies because they concentrate on the execution of specific, complex processes that require specialized equipment or expertise.

Question 16

_____ is the process of reconciling product or project output with the standard set for that product or project.

Accepted Answer

Quality control is the process where the output of a project or product is compared and measured against the predefined standards to ensure it meets those standards.

Question 17

Today, manufacturers tend to produce one unit at a time serially in _____ manufacturing cells.

Accepted Answer

Manufacturers use flexible manufacturing cells to produce one unit at a time serially because these cells can be quickly reconfigured to manufacture different products, allowing for a more adaptable production process.

Question 18

Which of the following is an advantage of using an inventory management company? One advantage of using an inventory management company is: One advantage of using an inventory management company is:

Accepted Answer

Inventory management companies offer a comprehensive solution for managing inventory, including overseeing storage, tracking inventory numbers, filling and shipping orders, and providing remote access to inventory data, making all of these options correct advantages.

Question 19

If some of the components of an entrepreneur's product come from other manufacturers who have their own warranties, it is important to have use of that component on the product certified by _____ so that the warranty isn't inadvertently invalidated.

Accepted Answer

The original equipment manufacturers (OEMs) are the ones who provide the components and their warranties. Having the use of their components certified by them ensures that the warranty terms are met and not inadvertently invalidated.

Question 20

The length of a warranty depends on _____, whereas the components of the product or service depend on _____.

Accepted Answer

The answer of The length of a warranty depends on...

Quiz 12: Planning Startup Operations

_____ is a data-driven approach to eliminating defects with a goal of 3.4 defects per million.