Business ch 13
The traditional assembly line is quickly becoming an outdated production method.
True
Usually, several manufacturers are a part of the total activity needed to produce goods that are purchased by consumers or other businesses.
True
This type of operational software keeps track of project calendars, tasks, to-do lists, and work assignments.
Project management
Collaboration software or groupware provides real-time communications capabilities by voice, text, and video.
True
Energy and environmental management is a responsibility of the facilities manager.
True
A speaker manufacturer is studying the current design to find ways to improve the speaker's sound. This is an example of
Applied research
Which of the following is NOT a major logistical activity?
Building maintenance
In the past, if there was a problem in the production process, managers and employees would try to identify the problem and then try to correct it.
True
The economy begins with production
True
In 2014, U.S. businesses, universities, and government spent more than ____________________ on product research.
$307 billion
Building a specific and unique product to meet the needs of one customer is done with
Custom manufacturing
Retailers lose more than $44 billion of their inventories each year. The largest source of these losses is
Employee theft
All of the following would be counted as inventory EXCEPT
Employees
Having too many products in inventory
Increases the risk that a products will become outdated before they are sold & raises cost, but it doesn't cause a company to miss sales
The first step in the CPI process is to
Involve all employees
A time plan for completing activities is called a(n)
Schedule
Which of the following is the BEST definition of materials processing?
Changing the form of raw materials so they can be consumed or used to make other products
Information managers
Design and maintain communication technologies used by a business, develop procedures for using information, provide communication training to all employees
The first activity in production planning is
Development of a production process
Businesses that use the Internet for communications and information sharing
Sometimes face attacks by hackers on the company website
What is the most basic form of production?
Extraction and cultivation
All businesses have the same business operations.
False
Design engineers typically build models of new products after the production process has been underway for six to twelve months.
False
Most businesses try to keep much more inventory on hand than they will need in the immediate future.
False
With intermittent processing, raw materials constantly move through specially designed equipment, which changes them into a specific product usable for consumption.
False
This type of business obtains materials from other producers and converts them into products for sales to consumers and other businesses.
Manufacturer
Which type of business operation is NOT common to almost every type of business?
Manufacturing
In modern factories,
Supplies and parts moving along conveyor belts to arrive just as they are needed
Benchmarks are
The best practices among all competitors
Facilities management begins with
making economic decisions about the buildings needed