MNGT 368 Test 1 – Flashcards
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1. Finance 2. Marketing and 3. Operations management
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Every Business Major is managed through these three major functions
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Operations Management
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Which business function is responsible for planning, coordinating, and controlling the resources needed to produce a company's products and services?
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A concept that involves breaking down the production of a product into a series of small, elementary task, each of which is performed by a different worker
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Division Of Labor is
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A process of obtaining goods or services from an outside provider
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Outsourcing
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When inputs decrease, while outputs remain the same.
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When does productivity increase?
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The esthetic and psychological benefits of the product.
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Service design differs from product design by including ______.
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Intermittent
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Which type of operation is used to produce many different products with varying process requirements in lower volumes?
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Similar to manufacturing organizations
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Service organization supply chains are:
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Insource
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What term refers to processes or activities that are completed in house?
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3.4 parts per million
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In six-sigma, the level of defects is reduced to approximately ___ parts per million.
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a team of volunteer production employees and their supervisors who meet regularly to solve quality problems.
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A quality circle is
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A Flowchart
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What tool is useful in helping everyone develop a clear picture of how an operation or process works?
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The Mean
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What measures the central tendency of a set of date?
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Range
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What measure the difference between the largest and smallest observations in a set of data?
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X-Bar Chart
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What is a control chart that monitors changes in the mean value of a process?
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Does not add Value
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JIT Considers waste anything that _____.
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Process
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Quality in Just-In-Time is centered on building quality into the ____.
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True
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True or False. The need to offer a greater variety of product choices to customers of a traditionally standardized product is the challenge of Flexibility.
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True
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True or False. Productivity gains in the service sector have been much lower than that of manufacturing.
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False
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True or False. Repetitive Operations are used to produce many different products with varying process requirements in lower volumes.
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True
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True or False. The Amount of outsourcing in industry is increasing.
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True
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True of False. A useful tool for translating customers' everday language into specific technical requirements is QUALITY FUNCTION DEPLOYMENT.
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A useful tool for translating customers' everyday language into specific technical requirements
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Quality Function Deployment
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True
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True or False. At a factory, the TRANSFORMATION PROCESS, is the physical change of Raw Materials and components into products.
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The physical change of Raw Materials and components into products
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Transformation Process
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True
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True or False. Companies that compete based on FLEXIBILITY often cannot compete based on COST.
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True
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True or False. Analyzing Customer preferences is an ongoing process
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True
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True or False. Service Organizations can also benefit from Supply Chain Management
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True
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True or False. In using Quality Function Deployment, conducting focus groups is one way to find out precisely what features customers want in a product.
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False
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True or False. Upper and Lower control limits are usually set at +-6 standard deviations from the mean.
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Eliminate activities that do not add value
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Operations Management is responsible for increasing the organization's effeciency, which means the company will be able to ______
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Strategic
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What are long-term decisions that set the direction for the entire organization called?
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Money
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A key feature of scientific management is that workers are motivated only by
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An Inefficient distribution system
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What would not be considered a core competency that a company might have?
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Information Technology
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What type of technology has had the greatest impact on business?
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Designing products that appeal to its customers.
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A company's product design supports its business strategies by
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Flexibility and Delivery
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Which respect to competitive priorities, intermittent operations compete more on _____ compared to repetitive operations
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Lead Time
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The time between order placement and the receipt of goods is called
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Backward integrations
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What refers to owning or controlling sources of raw materials and components?
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Reliability
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The definition of Quality that involves the product functioning as expected without failure is
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Internal Customers
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Employees of the organization who recieve goods or services from others in the company are
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Appraisal Cost.
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Costs of quality inspections, testing, test equipment, and labs are examples of _____ costs.
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The Proportion of items in a sample that are defective
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P-Charts are used to measure
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Control Limits
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On a control chart, what separates common from assignable causes of variation?
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R-Chart
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What is a control chart that monitors changes in the dispersion of variability of a process?
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Lean Production
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The broad view of JIT is now often termed _____.
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One
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The ultimate goal of JIT is to produce products in a lot size of _____?
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Clutter
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Something you would not expect to see in a just-in-time work environment is
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False
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True or False; Firms that focus on QUALITY as their primary competitive priority usually implement either product design quality or process quality, but not both
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True
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True or False; To remain competitive, companies must be innovative and bring out new products regularly
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True
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True or False; ISO certification has become a requirement for conducting business in many indutries
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False
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True or False; A process that is in control has no variation
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Moving components to a warehouse for storage until the factory needs them
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An example of an operation that does not add value is
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Advertising Strategy
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Which of the following is NOT primarily performed by the operation management function?
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1. Job design and work measurement 2. Location analysis 3. Quality Management 4. Facility Layout
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The following ARE performed by the operation management function
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Job Enrichment
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Increasing the level of responsibility of a job by adding planning and coordination tasks is
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performing operations task well
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Operational Efficiency is
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1. Product Technology 2. Process Technology 3. Information Technology
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What are the three primary types of Technology?
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Benchmarking
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Studying the practices of companies considered "best in class" and comparing the performance of our company against their performance is;
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Assemble to Order
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Which product and service strategy is used to produce standard components that can be combined to customer specifications?
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Bullwhip Effect
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Which term refers to inaccurate or distorted information created in the supply chain?
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Manufacturing
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Which activity appears to be most frequently outsourced by large companies?
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Conformance to specifications
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One common definition of quality is _____, which focuses on measuring how well a product or service meets targets and tolerances detemrined by its designers
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Employee Empowerment
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Giving workers responsbility for seeking out quality problems and connecting them is
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Benchmarking
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Studying business practices of comapnies considered "best in class" is called
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graph that shows whether a sample falls within the common or normal range
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A process chart is a
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Search for Assignable causes
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What is the first step that should be taken if an observation falls below the lower control limit on a control chart?
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P and C
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What are the two types of control charts for attiributes
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Elimination of Waste
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The central belief of the JIT philosophy is
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Pull
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JIT is a _____ system
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Being in partnership with them
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With JIT a company's relationship with its suppliers includes
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True
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True or False; The need to offer a greater variety of product choices to customers of a traditionally standardized product is the challenge of flexibility.
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True
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True or False; Productivity gains in the service sector have been much lower than that of manufacturing
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False
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True or False; Repetitive operations are used to produce many different products with varying process requirements in lower volumes
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True
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True or False; The amount of outsourcing in industry is increasing
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True
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True or False; A useful tool for translating customers' everyday language into specific technical requirements is Quality Function Deployment
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True
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True or False; An important task in quality control is to find out the range of natural random variation in process
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1. Finance 2. Marketing 3. Operation Management
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Every business is managed through what three major functions?
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Last
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JIT uses a pull system where communication starts with either the customer or with the ____ work station in the production line