OPERATION MANAGEMENT
2nd Edition
ISBN: 9781260242423
Author: CACHON
Publisher: MCG
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Chapter 7, Problem 10CQ
Summary Introduction
To determine: The likely concern if the batch sizes are large.
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Which of the following is most likely to be a concern if batches are very large?a. The flow rate will be too high.b. Utilization will be too high.c. Inventory will be too high.d. Too much time will be spent on product changeovers.
Select the best answer.
a. Servicces are produced and consumed nearly simultaneously.
b. It is nott possible to inventory service outputs.
c. Servicess are delivered when customers are in close proximity to the service provider.
d. All of the abovve (i.e., choices a, b and c are always true).
e. Each of the chooices a, b and c is "sometimes" true and "sometimes" false.
The manager of inventory would most likely be found in the __________.
a.
manufacturing function.
b.
finance function.
c.
marketing function.
d.
information system function.
Chapter 7 Solutions
OPERATION MANAGEMENT
Ch. 7 - Prob. 1CQCh. 7 - Prob. 2CQCh. 7 - Prob. 3CQCh. 7 - Prob. 4CQCh. 7 - Prob. 5CQCh. 7 - Prob. 6CQCh. 7 - Prob. 7CQCh. 7 - Prob. 8CQCh. 7 - Prob. 9CQCh. 7 - Prob. 10CQ
Ch. 7 - Prob. 11CQCh. 7 - Prob. 12CQCh. 7 - Prob. 13CQCh. 7 - Prob. 14CQCh. 7 - Prob. 1PACh. 7 - Prob. 2PACh. 7 - Prob. 3PACh. 7 - Prob. 4PACh. 7 - Prob. 5PACh. 7 - Sarahs Organic Soap Company makes four kinds of...Ch. 7 - Prob. 7PACh. 7 - Prob. 8PACh. 7 - Bruno Fruscalzo decided to set up a small...Ch. 7 - Prob. 10PACh. 7 - Prob. 11PACh. 7 - Prob. 1CCh. 7 - Prob. 2CCh. 7 - Prob. 3CCh. 7 - Prob. 4C
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- It is costly to hold inventory, but inventory can also be useful in a process because:a. adding inventory to a process will shorten the average time a unit spends in a process.b. adding inventory to a process can help reduce situations in which sales are lost due touncertain demand.c. adding inventory to a process is likely to increase quality.d. adding inventory to a process will increase the profit margin of the item.arrow_forward7. David was invited to his friend's birthday. He decided to wrap a piece of junk from the basement it wrapping paper and gave it to his friend as a gift, even though he could afford to buy him a nice hin gift. In this case, David is a A. Patrician B. Tightwad C. Justifier D. Spendthrift 8. If a new product increases the ideal state of a customer without changing his or her actual state, then a has been created. A. Opportunity B. Search C. Accident D. Need recognition 9. Which of the following is considered a post-purchase process? A. The shopping experience. B. Mood C. Consumer satisfaction D. Shopping orientation SOBU I Date Saved: Decemberarrow_forwardWhich of the following is not a fixed order cost? ( ) Administrative costs incurred to place an order ( ) Shipping cost incurred to ship an order ( ) Labor cost incurred to receive an order ( ) Supplier's packaging cost ( ) none abovearrow_forward
- What 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_forwardA slotting fee is a payment that a Select one: O a. wholesaler makes to place a new product on a retailer's shelf. tion O b. manufacturer makes to a wholesaler as compensation for warehousing inventory. O c. manufacturer makes to a retailer as compensation for sales not made while the product was on the shelf. O d. manufacturer makes to place a new product on a retailer's shelf. O e. manufacturer makes to have a wholesaler distribute a new product to retailers.arrow_forwardThe definition of work-in-process (WIP) inventory is: Select one: a. An end item ready to be sold, but still an asset on the company's books. b. Products or components that are no longer raw materials but have not yet become finished products. c. Materials for maintenance, repair and operation. d. Materials that are normally purchased but have not yet entered the manufacturing process. and. Additional stock to allow for uneven demand; a buffer.arrow_forward
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