Wednesday 9 September 2015

BUS 515 MIDTERM EXAM LATEST

BUS 515 MIDTERM EXAM LATEST


Online Homework Solutions aims to provide quality study notes and tutorials to the students of BUS 515 MIDTERM EXAM LATEST   in order to ace their studies.


BUS 515 MIDTERM EXAM LATEST( TWO VERSIONS POSTED)


VERSION 1


Multiple Choice Question 29

Managing the transformation of inputs into goods and services is:


a post industrial era process.


a direct contributor to the curved earth syndrome.


as old as time.


a twenty-first century developed process.


a design of Frederick Taylor.


Multiple Choice Question 24

What percentage of total non-farm jobs in the U.S. economy comes from service-producing industries?


20%


50%


60%


80%


95%


Multiple Choice Question 40

Who popularized the moving assembly line?


James Watt


Adam Smith


Eli Whitney


Frederick W. Taylor


Henry Ford


Multiple Choice Question 69

Which of the following concepts is linked the least with Henry Ford?


scientific management


mass production


mass customization


technology


interchangeable parts


Multiple Choice Question 27

Which of the following is not primarily performed by the operation management function?


job design and work measurement


advertising strategy


location analysis


quality management


facility layout


Multiple Choice Question 13

How does Federal Express maintain its ability to compete on time during peak demand periods?


it subcontracts overload to other firms


it purchases more planes


overtime


it uses a very flexible part-time workforce


it purchases more vans


Multiple Choice Question 16

Order winners and qualifiers:


are consistent between manufacturing and service organizations


only matter when responding to formal competitive bid requests


remain constant over time


change over time


only apply to quasi-manufacturing firms


Multiple Choice Question 41

Vericol, Inc. manufactures drugs using workers and automated machines. The firm has decided to replace two workers with a new machine, while the output per day is not expected to change. Which of the following cannot be true?


labor productivity will increase


machine productivity will decrease


labor productivity will decrease


multifactor productivity will increase


multifactor productivity will decrease


Multiple Choice Question 37

Suppose that a plant has a total productivity measure of 0.85. What can we conclude?


the plant is not earning profits


nothing


the plant should lay off workers


the plant is highly automated


the daily productivity is excellent


Multiple Choice Question 19

What are the three primary types of technology?


product technology, process technology, and information technology


product technology, process technology, and environmental technology


product technology, process technology, and safety technology


information technology, environmental technology, and safety technology


environmental technology, information technology, and process technology


Multiple Choice Question 34

Which of the following is not characteristic of intermittent operations?


capital intensive


general purpose equipment


volume of goods produced directly tied to number of customer orders


workers need to be able to perform different tasks depending on the processing needs of the product


produce many different products with varying processing requirements

Multiple Choice Question 45

With respect to competitive priorities, intermittent operations compete more on _____________ compared to repetitive operations.


durability and features


cost and features


availability and reliability


durability and cost


flexibility and delivery

Multiple Choice Question 31

Which of the following is not a guideline for design for manufacture?


simplify operations


design parts for different products


use modular design


minimize parts


rely on automated equipment

Multiple Choice Question 61

What is a type of automation system that provides the flexibility of intermittent operations with the efficiency of repetitive operations?


AGV


CAM


CAD


AS/RS


FMS

Multiple Choice Question 48

Which product and service strategy is used to produce standard components that can be combined to customer specifications?


assemble-to-deliver


make-to-stock


make-to-order


assemble-to-order


make-to-package

Multiple Choice Question 16

What is an extension of an intranet to include suppliers and customers called?


supply chain net


supernet


supranet


extranet


intranet++

Multiple Choice Question 45

Which of the following is not considered to be a characteristic of partnership relations?


Have a long-term orientation


Are strategic in nature


Are “arms-length” in nature


Share a common vision


Share short- and long-term plans


Multiple Choice Question 65

Benetton is well known for the practice of assembling all white sweaters and waiting to dye them much closer to the time of sale. This is an example of what?


Stupidity


Postponement


Fractionalization


Partitioning


Genericness


Multiple Choice Question 71

Which of the following is a “buyer-side,” typically industry-specific solution?


automated order entry systems


electronic data interchange


electronic storefronts


net marketplaces


advertising revenue model


Multiple Choice Question 73

Companies want a supply chain that makes it possible to:


manage all suppliers’ development costs.


manage and adapt to all of the business dynamics.


manage distribution display.


manage distribution outlet retail prices.


manage customer demands.


Multiple Choice Question 80

One TQM mistake companies make is believing that the responsibility for quality and elimination of waste lies


with the supplier


with the return and repair shop


with the supply chain


with all employees but top management


with top management alone.


Multiple Choice Question 74

Which of the following is not attributed to Philip Crosby?


The concept of the quality trilogy


The phrase “Do it right the first time.”


Stressed the idea of prevention of defects


The notion of zero defects


The phrase “Quality is free.”


Multiple Choice Question 54

The Union of Japanese Scientists and Engineers named its quality award after ___________________.


Genichi Taguchi


Kaoru Ishikawa


Joe Juran


Phillip Crosby


W. Edwards Deming


Multiple Choice Question 57

The Malcolm Baldrige Award criteria category that includes continuous improvement programs, employee training, and functioning of teams is


Leadership


Strategic planning


Information and analysis


Human resource development and management


Business results


Multiple Choice Question 63

Increases in international trade during the 1980s created a need for the development of ____________ standards of quality.


universal


country-specific


lower


metric


bilingual


VERSION 2


1. What term describes the approach of giving workers a larger portion of the total task to do?


job enlargement


job rotation


job involvement


job enrichment


job backward integration


2. General Electric’s Trading Process Network primarily handles transactions between _______________.


individual customers


companies and individual customers


companies and their shipping firms


companies and their distributors


companies and their suppliers


3. What is a concept that takes a total system approach to creating efficient operations?


lean systems


enterprise resource planning


customer relationship management


management science


management information


4. The concept of interchangeable parts was introduced by ___________________.


Adam Smith


Frederick Taylor


Eli Whitney


Henry Ford


W. Edwards Deming


5. In what area does General Motors earn its highest return on capital?


selling cars


selling logo merchandise


financing


selling racing engines


post-sales parts and service


6. Operational efficiency is:


driving the business strategy


ensuring the right tasks are performed


decreasing the firm’s input requirements


increasing the firm’s output


performing operations tasks well


7. Decisions regarding which of the following are not part of the production process infrastructure?


organization of workers


facilities


worker pay


quality control measures


management policies


8. Environmental scanning would not provide information on:


sources of highly trained workers


the firm’s internal inefficient distribution system


opportunities and threats


changes in information technology


changes in global competition


9. Which of the following is a valid type of “productivity measure”?


multi-output productivity measure


partial productivity measure


multi-part productivity measure


multi-component productivity measure


imperfect productivity measure


10. A manager has just replaced three workers with a machine that is cheaper to operate than the cost of the three replaced workers. Output is expected to remain the same. Which of the following is true?


labor productivity will decrease


machine productivity will increase


multifactor productivity will decrease


multifactor productivity will increase


the value of output will decrease


11. What term is used to describe the integration of product design, process planning, and manufacturing using an integrated computer system?


FMS


AS/RS


CIM


CAD/CAM


AGV


12. All product designs begin with ____________ .


a feasibility study


an idea


a blueprint


a focus group


a cost analysis


13. In break-even analysis, in order to make a profit the company must


sell at the break-even point


sell on consignment


sell above the break-even point


sell at a loss


sell below the break-even point


14. Building a bridge over the Mississippi River for a new highway uses a


line process


recycle process


batch process


continuous process


project process


15. Why is a process flowchart useful?


for seeing the totality of the operation and for identifying potential problem areas


for benchmarking against other processes


for designing a product


for determining where the strengths are in a process


for determining where the weaknesses are in a process


16. Which activity appears to be most frequently outsourced by large companies?


Purchasing


Marketing


Finance


Accounting


Manufacturing


17. Which of the following is not one of the supply chain wastes the text book identifies?


over production


delay between activities


procurement/purchasing delay


unnecessary transport or conveyance of product


unnecessary movement by people


18. Which of the following is not an argument in favor of having a single supplier?


Quantity discounts may be achieved.


Partnering becomes more possible.


Consistency of input materials is achieved.


Probability of assured supply is better.


Deliveries can be scheduled more easily.


19. Which of the following is not considered to be a characteristic of partnership relations?


Have a long-term orientation


Are strategic in nature


Are “arms-length” in nature


Share a common vision


Share short- and long-term plans


20. Which of the following is open to the most users?


an intranet


an extranet


a LAN


a WAN


the Internet


21. Employees of the organization who receive goods or services from others in the company are


Internal customers


Ultimate customers


Downstream customers


Operators


External customers


22. Who is famous for his “14 Points?”


Walter Shewhart


W. Edwards Deming


Joseph Juran


Armand Feigenbaum


Genichi Taguchi


23. For control charts, which of the following situations means that the process is not in control?


A measured observation is above the LCL


A measured observation is below the UCL


A measured observation is above the center line


A measured observation is below the center line


A measured observation is above the UCL


24. One common name for TQM based team work is:


quality department


quality support group


quality circle


quality team


team one


25. Which of the following is not attributed to Philip Crosby?


The concept of the quality trilogy


The phrase “Do it right the first time.”


Stressed the idea of prevention of defects


The notion of zero defects


The phrase “Quality is free.”


Homework BUS 515 MIDTERM EXAM LATEST

BUS 515 MIDTERM EXAM LATEST


BUS 515 MIDTERM EXAM LATEST


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BUS 515 MIDTERM EXAM LATEST

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