Management Notes

Reference Notes for Management

How can a reduction of in-transit inventory be encouraged? 

How can a reduction of in-transit inventory be encouraged? 

Looking for the answer to the question below related to Management? How can a reduction of in-transit inventory be encouraged?   Options: A. supplier location near plants B. high setup costs C. low carrying costs D. use of trains, not trucks E. low-cost, global suppliers   The Correct Answer Is: A. supplier location near plants   … Read more

When sample measurements falls inside the control limits, it means that:

When sample measurements falls inside the control limits, it means that:

When sample measurements falls inside the control limits, it means that:

 Options:

A. each unit manufactured is good enough to sell.
B. the process limits cannot be determined statistically.
C. the process output exceeds the requirements.
D. if there is no other pattern in the samples, the process is in control.
E. the process output does not fulfill the requirements.

The Correct Answer Is:

D. if there is no other pattern in the samples, the process is in control.

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Which of the following statements regarding a pull system is true

Which of the following statements regarding a pull system is true

Which of the following statements regarding a pull system is true

 Options:

A. Large lots are pulled from upstream stations.
B. Work is pulled to the downstream stations before it is actually needed.
C. Manufacturing cycle time is increased.
D. Problems become more obvious.
E. None of the above is true of a pull system.

The Correct Answer Is:

D. Problems become more obvious.

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Three commonly used productivity variables are 

Three commonly used productivity variables are 

Three commonly used productivity variables are 

 Options:

A. quality, external elements, and precise units of measure.
B. labor, capital, and management.
C. technology, raw materials, and labor.
D. education, diet, and social overhead.
E. quality, efficiency, and low cost.

The Correct Answer Is:

B. labor, capital, and management.

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According to house’s revised path-goal theory, a leader’s style should vary depending on 

According to house's revised path-goal theory, a leader's style should vary depending on 

According to house’s revised path-goal theory, a leader’s style should vary depending on 

 Options:

A. Positional power
B. Environmental factors
C. Situational control
D. Organizational readiness
E. Leader-member relations

The Correct Answer Is:

  • B. Environmental factors

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 A disadvantage of the fixed-period inventory system is that: 

 A disadvantage of the fixed-period inventory system is that: 

A disadvantage of the fixed-period inventory system is that: 

 Options:

A. it involves higher ordering costs than the fixed quantity inventory system.
B. additional inventory records are required.
C. the average inventory level is decreased.
D. since there is no count of inventory during the review period, a stockout is possible.
E. orders usually are for larger quantities.

The Correct Answer Is:

D. since there is no count of inventory during the review period, a stockout is possible.

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At hard rock café, tasks that reflect operations or operations management include: 

At hard rock café, tasks that reflect operations or operations management include: 

Looking for the answer to the question below related to Management? At hard rock café, tasks that reflect operations or operations management include:   Options: A. designing efficient layouts. B. providing meals. C. receiving ingredients. D. preparing effective employee schedules. E. all of the above.   The Correct Answer Is: E. all of the above.   … Read more

“Making it right the first time” is: 

"Making it right the first time" is: 

“Making it right the first time” is: 

 Options:

A. an unrealistic definition of quality.
B. a user-based definition of quality.
C. a manufacturing-based definition of quality.
D. a product-based definition of quality.
E. the definition of quality proposed by the American Society for Quality.

The Correct Answer Is:

C. a manufacturing-based definition of quality.

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