Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
One of the basic purposes of inventory analysis in manufacturing and stockkeeping
services is to determine the Level of quality to specify.
Answer:
Fixed cost includes variable overhead expenses such as utility bills.
Answer:
We assume in CPM analysis that the activity times are independent and therefore the
sum of the variances of the activities along the critical path is the variance of the
expected time to complete the path.
Answer:
An order qualifier is a set of screening criteria that permits a firm's products to be
considered as possible candidates for purchase.
Answer:
Henry Ford used JIT concepts as he streamlined his moving assembly lines to make
automobiles in the early 1900's.
Answer:
The product-process matrix shows the relationship between process structures and
product volume and product standardization characteristics.
Answer:
Long-term debt to finance investment decisions is normally provided through the sale
of corporate bonds.
Answer:
In the operations and supply strategy framework proposed in the textbook, financial
management is considered a support platform.
Answer:
Scheduling employees to have two consecutive days off is required by the Fair Labor
Standards Act.
Answer:
A time fence is a unit of productivity related to time.
Answer:
The work process involved in providing the service must involve the physical presence
of the customer in the system.
Answer:
A backward schedule tells when an order must be started in order to be done by a
specific date.
Answer:
Facility location analysis considers the competitive imperative to be close to customers
as to timeliness of deliveries.
Answer:
Design quality in products refers to the degree to which a product or service design
specifications are met.
Answer:
Items produced in a project layout are typically managed using project management
techniques.
Answer:
When reducing the planned duration of a project using the Time-Cost CPM model we
select the activity to crash by determining the cost of each alternative and selecting the
one whose cost is the greatest.
Answer:
The objective of Johnson's rule for job sequencing is to minimize flow time from the
beginning of the first job until the completion of the last job.
Answer:
