Business

Six Sigma consists of quality assurance procedures companies must inst

QUESTION Six Sigma consists of quality assurance procedures companies must install—in purchasing, manufacturing, inventory, shipping, and other areas—that can be audited by “registrars,” or independent quality assurance experts. Indicate whether the statement is true or false.   ANSWER Answer: FALSE Explanation: The ISO 9000 series consists of quality assurance procedures companies must install—in purchasing, manufacturing, […]

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Date: September 3rd, 2020

Benchmarking relies on statistical sampling to locate errors by testin

QUESTION Benchmarking relies on statistical sampling to locate errors by testing some of the items in a production run. Indicate whether the statement is true or false.   ANSWER Answer: FALSE Explanation: Quality assurance relies on such sampling. Benchmarking is a process by which a company compares its performance with that of high-performing organizations.

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Date: September 3rd, 2020

Which of the following is an example of a service business? A) a dent

QUESTION Which of the following is an example of a service business? A) a dentist who makes false teeth B) a baker who bakes chocolate chip cookies C) a book bindery that binds books D) a factory that makes ice skates E) a law firm that handles divorces   ANSWER Answer: E Explanation: E) Service […]

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Date: September 3rd, 2020

The two ways of adding value in converting resources into finished pro

QUESTION The two ways of adding value in converting resources into finished products are to break down raw materials and to combine raw materials. Indicate whether the statement is true or false.   ANSWER Answer: TRUE Explanation: Operations processes add value to resources and convert them into products by changing their form.

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Date: September 3rd, 2020

Which of the following is an example of analytic transformation? A) c

QUESTION Which of the following is an example of analytic transformation? A) carving marble B) making soup C) building a tree house D) demolishing a building E) dyeing hair   ANSWER Answer: A Explanation: A) The process in which resources are broken down to create finished products is known as analytic transformation. The breakdown can […]

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Date: September 3rd, 2020

Betsy remodels and redecorates houses with the help of her computer. S

QUESTION Betsy remodels and redecorates houses with the help of her computer. She can move walls or doors on the computer before she ever has to demolish a real wall or move a real doorway. She can try different paint colors on the walls and different styles of kitchen cabinets without having to spend a […]

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Date: September 3rd, 2020

Which of the following is an example of a manufacturing business? A)

QUESTION Which of the following is an example of a manufacturing business? A) a business that repairs clocks B) a business that makes stock kitchen cabinetry C) a business that designs and installs custom closets D) a business that paints custom signage E) a business that tends plants in shopping malls   ANSWER Answer: B […]

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Date: September 3rd, 2020

A major advantage of lean manufacturing is the ability of management t

QUESTION A major advantage of lean manufacturing is the ability of management to lay off workers during an economic slump without major effects on operations. Indicate whether the statement is true or false.   ANSWER Answer: FALSE Explanation: During an economic slump it is hard for a lean factory to cut jobs because workers in […]

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Date: September 3rd, 2020