Operations Management
17th Edition
ISBN: 9781259142208
Author: CACHON, Gérard, Terwiesch, Christian
Publisher: Mcgraw-hill Education,
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Question
Chapter 1, Problem 9PA
Summary Introduction
To determine: The items that are considered as an input in the operations of a soft drink manufacturer.
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- If the cost of goods manufactured is higher than the cost of goods sold, which of the following is correct? A. Finished Goods Inventory has decreased. B. Work in Process Inventory has decreased C. Finished Goods Inventory has increased. D. Work in Process Inventory has increased.arrow_forwardWhat is one important advantage of a Make-To-Stock process? Group of answer choices Can respond quickly to customer demand Creates greater flexibility Less likely to have obsolete inventory More environmentally sensitivearrow_forward?Which of the following statements is not a right description of process focus strategy low volume, high variety finished goods are not usually made to a forecast and stored operators are modestly skilled low fixed costs, high variable costs .most appropriate for hospitalsarrow_forward
- 32 Which of the following is a prepaid fee that is collected at closing? A) Interest B) Appraisal C) Tax service D) Title insurancearrow_forwardOne of the benefits of business process management is “enhanced process agility”. Which of the following isnot an appropriate example of this benefit?A. Payment through cash, credit card, or e-cash (e.g. GCash)B. Food delivery through FoodPanda, GrabFood, or Food NinjaC. Food service through dine-in, take-out, or deliveryD. None of the abovearrow_forwardWhat is the result when sales exceed the cost to produce goods or render services? What is the result when cost to produced goods or render services is greater than the sales? A. Selling B. Revenue C. Benchmarking D. Lossarrow_forward
- Which of the following add customer value? Group of answer choices storage time processing time setup time idle timearrow_forwardWhich of the following statements best represents a concise definition of an operations process? It is a conversion activity that Select one: a. involves technical analysis b. involves workers and equipment c. transforms inputs to outputs d. produces competitive advantage for the firm Which of the following situations will tend to increase customer dissatisfaction with waiting in line the most? Select one: a. Large numbers of customers b. The physical location of an operation c. Bright lights in the banking hall d. Idle workers in the view of customersarrow_forward26. “Product” means: A) a physical good with all its related services. B) the need-satisfying offering of a firm. C) all of a firm’s producing and distribution activities. D) a well-packaged item with a well-advertised brand name. E) all the services needed with a physical good. 27. A “product” might include: A) instructions. B) a service which does not include a physical good at all. C) some physical item and its related features. D) a brand name, a package, and a warranty. E) All of the above. 28. A product assortment is: A) a particular product within a product line. B) a set of products that are closely related. C) the set of all product lines and individual products that a firm sells. D) something offered by manufacturers but not by retailers. E) None of the above. 29. Which of the following is NOT one of the consumer product classes discussed in the text? A) Imitation products B) Shopping products C) Convenience products D)…arrow_forward
- 1. Production systems with standardized outputs typically: A. Have relatively high volumes of output B. Have relatively low unit costs C. Have relatively high mechanization D. Use relatively low skilled workers E. All of the abovearrow_forwardIt's an operations subject questionarrow_forward10. Which of the following refers to the manufacturing equipment used in the production of goods or delivery of services?A. Machine B. Manpower C. Method D. Materialsarrow_forward
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