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MGMT Principles of Management
Quiz 18: Managing Service and Manufacturing Operations
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Question 41
Short Answer
_________ is a type of productivity that assesses how efficiently companies use only one input,such as labor,when creating outputs.
Question 42
Short Answer
If a company manufactures two products,such as automobile spark plugs and sports shoes,it should use _________ to calculate separate inventories for its products. A.Just-in-time inventory systems B.Kanban inventory formulas C.Economic order quantity (EOQ)formulas D.Materials requirement planning (MRP)systems
Question 43
Multiple Choice
Swiftspan Inc.is a construction company.It uses 202,500 gallons of paint a year.If the ordering costs are $32 per order and holding costs are $9 per gallon,the optimal quantity of order is _____.
Question 44
Short Answer
The Baldrige Award is the best,most cost-effective and comprehensive business health audit.Businesses that apply for the Baldrige Award are judged on _________ criteri A. A.five B.six C.seven D.eight
Question 45
Short Answer
_________ typically indicates the cost or number of hours of labor it takes to produce an output.
Question 46
Short Answer
_________ is the average overall inventory during a particular time period.
Question 47
Multiple Choice
A factory uses 625 tons of steel per year to make reinforced rods.Its ordering costs are $40 per order,and its holding costs are $5 per ton.According to the economic order quantity (EOQ) model,approximately how often does the company have to place an order to maintain optimal order quantity?
Question 48
Short Answer
In the context of manufacturing operations,_________ is the term used to describe the degree to which manufacturing operations can easily and quickly change the number,kind,and characteristics of products they produce. A.manufacturing resilience B.manufacturing flexibility C.manufacturing docility D.manufacturing automation
Question 49
Short Answer
In the context of the principles of total quality management (TQM),_________ means collaboration between managers and nonmanagers,across business functions,and between the company and its customers and suppliers.