Question 1

What are the three factors in the facility location decision? Provide examples of businesses most affected by each facility location factor.

Accepted Answer

The three factors are transportation (including proximity to markets,proximity to raw materials,and the availability of transportation alternatives),human factors (the labor supply,local regulations,and community living conditions),and physical factors (water supply,energy,and hazardous waste and other environmental issues).Businesses affected by transportation factors include hotels (proximity to markets)and mining companies (proximity to raw materials).Businesses affected by human factors include software manufacturers (labor supply).Businesses affected by physical factors include paper mills (water supply)and chemical manufacturers (energy).

Question 2

MATCHING
Complete the following using the terms listed.
-Firms create _____,or want-satisfying power,by converting raw materials and other inputs into finished goods and services.

Accepted Answer

The term "utility" best fits the blank as it refers to the want-satisfying power of a good or service. The other terms listed do not specifically relate to the creation of want-satisfying power.

Question 3

MATCHING
Complete the following using the terms listed.
-_____ is a computer-based production planning system that ensures a firm has all the parts and materials it needs to produce its output at the right time and place and in the right amounts.

Accepted Answer

Materials requirement planning (MRP) is the computer-based production planning system that ensures a firm has all the necessary parts and materials to produce its output at the right time and place and in the right amounts.

Question 4

MATCHING
Complete the following using the terms listed.
-The process of overseeing the production process by managing people and machinery during the conversion of materials into finished goods is known as _____.

Accepted Answer

Production and operations management involves overseeing the production process by managing people and machinery during the conversion of materials into finished goods.

Question 5

MATCHING
Complete the following using the terms listed.
-_____ is the function requiring production and operations managers to balance the need to keep stock on hand to meet demand against the costs of carrying inventory.

Accepted Answer

The function described is inventory control, which involves balancing the costs and benefits of carrying inventory to meet demand.

Question 6

Explain the difference between production and manufacturing.

Accepted Answer

The answer of Explain the difference between production and manufacturing....

Question 7

MATCHING
Complete the following using the terms listed.
-Engineers can design products more quickly and efficiently using _____.

Accepted Answer

Computer-aided design (CAD) software allows engineers to design products more quickly and efficiently by creating virtual models and allowing for easy modification and testing.

Question 8

MATCHING
Complete the following using the terms listed.
-An inventory system that tries to keep inventory on hand to a minimum and seeks to eliminate all sources of waste is called a(n)_____ system.

Accepted Answer

The description fits the characteristics of a just-in-time (JIT) system, which aims to minimize inventory waste and eliminate unnecessary inventory on hand.

Question 9

MATCHING
Complete the following using the terms listed.
-_____ outlines a set of procedures for coordinating people,materials,and machinery in the most efficient manner possible.

Accepted Answer

The answer of MATCHING
Complete the following using the terms listed.
-_____...

Question 10

Define continuous production processes and intermittent production processes,and provide an example of each.

Accepted Answer

The answer of Define continuous production processes and intermittent production...

Question 11

MATCHING
Complete the following using the terms listed.
-The _____ is the first step in a company's production plan.

Accepted Answer

The answer of MATCHING
Complete the following using the terms listed.
-The...

Question 12

Describe a flexible manufacturing system.

Accepted Answer

The answer of Describe a flexible manufacturing system....

Question 13

MATCHING
Complete the following using the terms listed.
-_____ involves measuring output against established quality standards.

Accepted Answer

Quality control involves measuring output against established quality standards to ensure that products and services meet or exceed customer expectations.

Question 14

MATCHING
Complete the following using the terms listed.
-_____ analyzes CAD output.

Accepted Answer

Computer-aided manufacturing (CAM) analyzes CAD output to automate and optimize the manufacturing process.

Question 15

MATCHING
Complete the following using the terms listed.
-The process of determining how well other companies perform business functions or tasks is called _____.

Accepted Answer

Benchmarking is the process of comparing one's business processes and performance metrics to industry bests or best practices from other companies.

Question 16

Define physical variables that affect facility locations and provide an example.

Accepted Answer

The answer of Define physical variables that affect facility locations...

Question 17

Compare analytic production systems to synthetic production systems,and provide an example of each.

Accepted Answer

The answer of Compare analytic production systems to synthetic production...

Question 18

MATCHING
Complete the following using the terms listed.
-The use of resources to convert materials into goods and services is known as _____.

Accepted Answer

Production is the direct use of resources to create goods or services. The other terms are related to specific aspects of production, but do not encompass the entire process.

Question 19

MATCHING
Complete the following using the terms listed.
-_____ describes a good or service free from deficiencies.

Accepted Answer

Quality is the term used to describe a good or service free from deficiencies.

Question 20

Describe the differences between mass production,flexible production,and customer-driven production.

Accepted Answer

The answer of Describe the differences between mass production,flexible production,and...

Quiz 10: Production and Operations Management

What are the three factors in the facility location decision? Provide examples of businesses most affected by each facility location factor.

MATCHING Complete the following using the terms listed. -Firms create _____,or want-satisfying power,by converting raw materials and other inputs into finished goods and services.

MATCHING Complete the following using the terms listed. -_____ is a computer-based production planning system that ensures a firm has all the parts and materials it needs to produce its output at the right time and place and in the right amounts.

MATCHING Complete the following using the terms listed. -The process of overseeing the production process by managing people and machinery during the conversion of materials into finished goods is known as _____.

MATCHING Complete the following using the terms listed. -_____ is the function requiring production and operations managers to balance the need to keep stock on hand to meet demand against the costs of carrying inventory.

Explain the difference between production and manufacturing.

MATCHING Complete the following using the terms listed. -Engineers can design products more quickly and efficiently using _____.

MATCHING Complete the following using the terms listed. -An inventory system that tries to keep inventory on hand to a minimum and seeks to eliminate all sources of waste is called a(n) _____ system.

MATCHING Complete the following using the terms listed. -_____ outlines a set of procedures for coordinating people,materials,and machinery in the most efficient manner possible.

Define continuous production processes and intermittent production processes,and provide an example of each.

MATCHING Complete the following using the terms listed. -The _____ is the first step in a company's production plan.

Describe a flexible manufacturing system.

MATCHING Complete the following using the terms listed. -_____ involves measuring output against established quality standards.

MATCHING Complete the following using the terms listed. -_____ analyzes CAD output.

MATCHING Complete the following using the terms listed. -The process of determining how well other companies perform business functions or tasks is called _____.

Define physical variables that affect facility locations and provide an example.

Compare analytic production systems to synthetic production systems,and provide an example of each.

MATCHING Complete the following using the terms listed. -The use of resources to convert materials into goods and services is known as _____.

MATCHING Complete the following using the terms listed. -_____ describes a good or service free from deficiencies.

Describe the differences between mass production,flexible production,and customer-driven production.