A) utilization.
B) greater in manufacturing than in services.
C) defined only for manufacturing firms.
D) multifactor productivity.
E) single-factor productivity.
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Essay
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Multiple Choice
A) plan,direct,update,lead,and supervise
B) accounting,finance,marketing,operations,and management
C) organize,plan,control,staff,and manage
D) plan,organize,staff,lead,and control
E) plan,lead,organize,manage,and control
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Multiple Choice
A) 1920s;statistical sampling
B) United Kingdom;mass production
C) U.S.Army;logistics
D) nineteenth century;interchangeable parts
E) 1890s;queuing theory
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Multiple Choice
A) Job specialization is giving way to empowered employees.
B) Local or national focus is giving way to global focus.
C) Sustainable production is giving way to a low-cost focus.
D) Rapid product development is partly the result of shorter product cycles.
E) The goal of mass customization is to produce customized products,whenever and wherever needed.
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Multiple Choice
A) production/operations,marketing,and human resources
B) marketing,human resources,and finance/accounting
C) sales,quality control,and production/operations
D) marketing,production/operations,and finance/accounting
E) research and development,finance/accounting,and purchasing
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Essay
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Multiple Choice
A) Charles Babbage
B) Henry Ford
C) Frank Gilbreth
D) W.Edwards Deming
E) Henri Fayol
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True/False
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Multiple Choice
A) assembly line production.
B) measuring productivity in the service sector.
C) just-in-time inventory methods.
D) statistical quality control.
E) information technology.
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Multiple Choice
A) auditing
B) teller scheduling
C) maintenance
D) collection
E) check clearing
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Multiple Choice
A) alumni
B) investors
C) vestors
D) stockholders
E) stakeholders
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Multiple Choice
A) quality,external elements,and precise units of measure.
B) labor,capital,and management.
C) technology,raw materials,and labor.
D) education,diet,and social overhead.
E) quality,efficiency,and low cost.
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Multiple Choice
A) more expensive transportation
B) instant communication
C) economies of scope
D) managers with a broad knowledge of many things
E) high trade tariffs
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Essay
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Multiple Choice
A) chemistry and physics
B) industrial engineering and management science
C) biology and anatomy
D) information technology
E) all of the above
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Multiple Choice
A) supply tree
B) provider network
C) supply chain
D) vendor network
E) vendor tree
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Essay
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Multiple Choice
A) 10%.
B) 20%.
C) 25%.
D) 40%.
E) 50%.
Correct Answer
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Essay
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