Production and Functions BUS 3500 Midterm Exam

Total: a hundred and twenty points Your Score: ______________ Student: __________________________________________________________________________________ I. The case or Phony (20 points). Please indicate " A” for authentic and " B” to get false on your own scantrons. Inquiries 11-20 have been completely taken from Evaluation 1 . 1 ) In a procedure map, a circle presents a step or perhaps activity along the way. Answer: PHONY

Diff: one particular Page Ref: 77

Reference point: Mapping Business Processes

Keywords: map, procedure, symbol, circle

2 . The main focus of a swim isle process map is to show flows of objects, information, and money. Answer: FALSE

Diff: one particular Page Ref: 80

Research: Mapping Organization Processes

Keywords: swim lane map, process map, stream

3. Your university delivers a broker of top-ranking officials to Las Vegas resorts to study approaches to improve dormitory living conditions. This really is an example of process benchmarking. Answer: TRUE

Diff: 2 Page Ref: eighty-five

Reference: Taking care of and Enhancing Business Processes

Skill: AACSB: Reflective Considering

Keywords: method, benchmarking

four. An Ur chart is employed to track simply how much the individual observations within a test vary. Solution: TRUE

Difference: 1 Web page Ref: 121

Reference: Record Quality Control

Keywords: Ur chart, test, vary

5. Appraisal costs can occur if a company hasn't produced any defective things. Answer: THE CASE

Diff: one particular Page Ref: 111

Reference: Total Cost of Quality

Keywords: appraisal, price, quality

6. Money spent schooling an employee how to do the job mistake-free is a good example of an evaluation cost. Answer: FALSE

Diff: 2 Web page Ref: 111

Reference: Total Cost of Quality

Skill: AACSB: Reflective Thinking

Keywords: prevention, cost, top quality

7. Company A consumes $250 mil purchasing supplies and subassemblies that it techniques and markets for a total of $350 million. The price tag on goods distributed by Company A is $350 million. Answer: PHONY

Diff: one particular Page Ref: 194

Reference: Why Supply Management is Critical

Keywords: CGS, cost of items sold

8. The ratio of income to product sales for a presented time period is a firm's income margin. Response: TRUE

Difference: 1 Site Ref: 194

Reference: So why Supply Administration is Critical

Keywords: profit, income margin

on the lookout for. The first step with the purchasing process is to select the supplier. Answer: FALSE

Diff: 2 Web page Ref: 196

Reference: The Strategic Finding Process

Keywords: needs identity, supplier selection

10. Outsourcing can be risky as it decreases the firm's proper flexibility. Solution: FALSE

Difference: 2 Page Ref: 2 hundred

Reference: The Strategic Sourcing Process

Keywords: outsourcing, insourcing, flexibility

11. Most agencies function as part of a larger source chain. Solution: TRUE

Diff: 1 Webpage Ref: 3

Reference: So why Study Businesses and Supply Chain Management? Keywords: organization, supply, chain, supply chain

12. A second-tier supplier is definitely downstream from a first-tier supplier in the supply sequence. Answer: FAKE

Diff: 2 Page Ref: 6

Guide: Why Research Operations and Supply Chain Supervision? Keywords: downstream, supply, cycle, tier

13. The affiliation for functions management can be AOM.

Answer: FALSE

Diff: 2 Page Ref: 10

Reference: Operations and Supply Sequence Management and you simply

Keywords: APICS

14. A company is identified by the structural and infrastructural factors. Answer: AUTHENTIC

Diff: 1 Page Ref: 20

Research: Elements of the business enterprise

Keywords: structural, infrastructural, component

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