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Business
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Contemporary Business Study Set 1
Quiz 10: Production and Operations Management
Path 4
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Question 1
Multiple Choice
Complete the following using the terms listed. -A complex project might require a(n) _____,which seeks to minimize delays by coordinating all aspects of the production process.
Question 2
Multiple Choice
Complete the following using the terms listed. -______ is a voluntary program administered by the U.S.Green Building Council aimed at promoting sustainable construction processes.
Question 3
Multiple Choice
Complete the following using the terms listed. -_____ is a production system in which computers help workers design products,control machines,and handle materials.
Question 4
Multiple Choice
Complete the following using the terms listed. -_____ determines the sequence of work throughout the facility and specifies who will perform each aspect of work at what location.
Question 5
Multiple Choice
Complete the following using the terms listed. -An inventory system that seeks to eliminate anything that does not add value in operations activities by providing the right part at the right place at just the right time is called a(n) _____ system.
Question 6
Multiple Choice
Complete the following using the terms listed. -The organization whose mission is to develop and promote international standards for business,government,and society to facilitate global trade is _____.
Question 7
Essay
Describe the differences between mass production,flexible production,and customer-driven production.
Question 8
Multiple Choice
Complete the following using the terms listed. -The process of determining how well other companies perform business functions or tasks is called _____.
Question 9
Multiple Choice
Complete the following using the terms listed. -Companies create _____,or want-satisfying power,by converting raw materials and other inputs into finished goods and services.
Question 10
Multiple Choice
Complete the following using the terms listed. -The logical extension of specialization,mechanization,and standardization led to the development of the _____.
Question 11
Multiple Choice
Complete the following using the terms listed. -A(n) _____ transforms raw materials into finished products.
Question 12
Multiple Choice
Complete the following using the terms listed. -The _____ is a fundamental step in a company's production plan.
Question 13
Multiple Choice
Complete the following using the terms listed. -Many companies maintain _____ systems to continually monitor the amounts and locations of their merchandise.
Question 14
Multiple Choice
Complete the following using the terms listed. -The third component of mass production,_____,involves producing uniform,interchangeable goods and parts.
Question 15
Multiple Choice
Complete the following using the terms listed. -The sequence of operations that require the longest time for completion is known as the _____.
Question 16
Multiple Choice
Complete the following using the terms listed. -A(n) _____ groups machinery and equipment according to their functions.
Question 17
Multiple Choice
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.