Business Test 2 Ch 8

Front 1

TF reducing production costs by selecting suppliers that offer higher-quality raw materials and components at reasonable prices is one way US firms are trying to become more competitive in the global marketplace.

Back 1

True

Front 2

TF the degree to which resources are physically changed is referred ti as the focus of a production process

Back 2

False

Front 3

TF basic research consists of activities undertaken specifically to put new or existing knowledge to use in producing goods and services

Back 3

False

Front 4

TF a typical planning horizon for many firms is one year

Back 4

True

Front 5

TF scheduling involves both routing and timing of production activities

Back 5

True

Front 6

A manufacturing process that combines raw materials or components to create a finished product is referred to as a___

Back 6

Synthetic process

Front 7

A ___ line is a group of similar products that differ only in relatively minor characteristics.

Back 7

Product

Front 8

Inventory control is concerned about___

Back 8

Holding costs and storage costs

Front 9

A__system combines robotics and computer-integrated manufacturing in a single production process

Back 9

Flexible manufacturing

Front 10

The productivity growth rate in the US is __

Back 10

Lagging behind the productivity growth rates of such countries as Korea, Taiwan, Sweden, Japan, and the United Kingdom

Front 11

TF an analytical process combines raw materials or components to create a finished product.

Back 11

False

Front 12

TF today, the American economy is now characterized as a service economy

Back 12

True

Front 13

TF when labor-intensive technology is used, people must do most of the work

Back 13

True

Front 14

TF the objective of purchasing is to ensure that required materials are available when they are needed in the proper amounts and at minimum cost

Back 14

True

Front 15

TF the US productivity growth rate is the highest in the world

Back 15

False

Front 16

Operations managers often refer to the resource or resources that comprise the major or most important input as the___

Back 16

Focus of the production

Front 17

__consists of activities aimed at uncovering new knowledge and scientific advancement.

Back 17

Basic research

Front 18

Product __ is the development of a plan for converting a product idea into an actual product

Back 18

Design

Front 19

Groups of employees who meet on company time to solve problems are ___

Back 19

Quality circles

Front 20

ISO 9000 standards help a firm to ___

Back 20

Improve quality management