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Teaches how to efficiently manage production operations with a focus on quality management principles and practices on consistently improving business.
In the data collection, the collected data will be filtered, grouped together and processed.
There is just one activity involved in the supply chain management.
Useful forecast about future uncertain events are not essential.
The objective of value engineering analysis is to improve the value of the end product.
Matching supply and demand of output over the medium time range up to approximately 1 year into the future is the concerned of _________.
The fourth step in generating new products.
All products are tangible.
Which of the following is the third item in the order processing checklist?
Which of the following steps should be done after measuring the performance and informing the managers that the outcomes are outside the limits?
Candidates for employment may be recruited internally but not externally.
Which of the following is not a limitation of functional layout?
It is a set of partially ordered activities intended to reach a goal.
Demand forecasting helps in ensuring the proper liquidity within the firm.
________ checklist will enable the business firm to ensure that the orders of customers will be delivered on time, in good condition and with regular updates or some kind of tracking system.
Which of the following process is not included in product design?
If workers can be able to perform multifunction by operating multiple equipments at the same time, multifunctional workforce can be achieved.
Planning and booking advertising is nota must
Stage in the product life cycle wherein product designing and development are critical.
Inefficient and cost ineffective flow of goods and materials from the suppliers, through the business organization and to the customers is the focus of logistics.
The manufacture, conversion or the assembly of materials into finished goods or parts for other products are involved in this process.
A strategy for a sustainable chain which consist of three related aspects of selection, evaluation and development.
Time gap between the in and out in the process time is longer when process layout is utilized.
The following are retrenchment strategies for the corporate level except for
To propel support information more precisely and rapidly to a "strategic" level of decision that must be "human" and cannot be eliminated, project management actions which are based on data should be modeled in advance with greater ease and communication.
Business firms value supply chain managers because they increase the utilization of large fixed assets such as warehouses, plants and transportation vehicles in the supply chain.
How many types of manufacturing layout a business can choose from?
Monitoring performance and providing feedback means to check progress towards a purpose is being provided by the measurement system.
Which of the following is true with regards to capital productivity?
A maturity stage of data driven approach which includes decisions on how you will make the measurements
"Quality circle" is a _________ group of employees with the same work, in the same work area or doing similar work type who meet voluntarily in regular basis , for about an hour every week to identify, analyze and resolve work-related problems, leading to improvement in the total performance and work life enrichment.
Productivity measurement and alignment function wherein examination of trends which is a form of productivity analysis helps determine problems before they become crisis and enable to have early adjustment and corrective action.
Basically, product and service designing has
To provide the foundation for the entire value engineering study, completing the information is essential.
Quality is sum of characteristics and features of products which bears on its ability to satisfy implied or stated customer's needs.
In forecasting sales volume, which of the following topic/s in research can be the basis?
The horizontal processes interconnecting the different functional specialties which are often organized into vertically structure department are the focus of TQM.
Product layout is recommended for batch production.
Logical database modeling deals with the actual database designing which is based on the requirements gathered during logical database modeling.
Which of the following is not a characteristic of a good product design?
The fourth stage in the DMAIC process.
The goal of ergonomics is the increase of discomfort an injury risk due to work.
Clear communication should be ensured in managing supply chain.
The goal of _________ is the elimination of discomfort an injury risk due to work.
Forecasting is always an important part of planning, strategy and operation.
The culture and actions of an entire organization will be transformed by changing the supplier's actions.
The stage of maturity of a data-driven approach which includes decisions on how you will make the measurements.
Success of business usually never lies on the goods and services they offer in the market.
Poor planning can hinder total quality management.
In the _________ layouts, group resources are being layout based on the similar functions or processes.
Demand forecasting helps in the long-term planning.
Which of the following items need to be forecasted in business?
The fifth step in layout redesigning.
If the system mission is to navigate each process to its goals and objectives, utilization of input/output flow is advised.
It refers to the making decisions on the best physical arrangement of all resources that consume space within a facility.
Which of the following business premises is not suited for production operation business?
A reliable channel of communication should not be present aside from the reliability of the company's suppliers.
In the KAIZEN event method, individuals who are skilled in the method and tools such as process or quality improvement experts are the ones who lead a team.
The 5th process in the supply chain management.
In the manufacturing business, managers' focus on scheduling the activities needed to transform raw materials into finished goods.
_________ is a method of designing and developing products wherein the different stages run simultaneously rather than consecutively.
In this stage, data gathered in the business and market research to start shaping the marketing strategy should be used.
The main aim of production schedule is to schedule the amount of work which can easily be handled by plant and equipment with interference.
The objective of this value engineering stage is to put the recommended alternatives before the decision-makers in such convincing terms which they will accept them
The businessman should first gather data and information about the demographic and economic features and characteristics of the areas as prospective location for the business.
Prices of goods acts as a minor factor which influences the process of demand forecasting.
Which of the following function of productivity measurement and alignment is described in this sentence: Together with the cost data, productivity analysis helps in the evaluation of proposed changes to existing processes or products and introduction of new ones.
It is an HRM practice which refers to Providing employees with such things likes shares of company stocks and profit-sharing programs.
The first step to follow in forecasting task wherein understanding of the way the forecasts will be used, who requires the forecasts, and how the function of forecasting fits within the organization requiring the forecasts is required.
A DMAIC approach wherein individuals who are skilled in the method and tools such as process or quality improvement experts are the ones who lead a team.
_________ is a well-documented determinant of forecast accuracy. Larger firms usually have more accurate forecast.
Demand forecasting also enables the government to coordinate activities related to import and export and plan international trade.
Value engineering helps business organization in _________.
It revolves around all the issues which are related to satisfying customer's needs, planning customer interactions and fulfilling orders perfectly.
The first step to following in forecasting tasks is _______.
Value engineering helps business organizations in optimizing construction expenses.
It refers to available facilities for storing goods produced in a firm which ensures maintenance of quality of the said goods until they are transported to the customers' place.
In implementing DMAIC process, there should be no skipping of crucial steps so as to increase the chance of a successful project.
Transformation to total quality management starts when a business organization is already aware that product or service quality must be improved.
An overall management function aspect which determines and implements policy on quality.
DMAIC process covers how one study, identify, change and do monitoring the business processes so as to ensure that they run smoothly and may be improved overtime. It is open framed in terms of daily work flow.
With the objective to fulfill requirements for quality, _________ are used as operational techniques and activities.
To satisfy the demands of customers which is to have a good quality products at cheapest prices, production manager should continuously improve quality of products.
Issue on production orders for starting the operation is involved in _________.
Which of the following steps is not included in Delphi method?
Which of the following is not included in the importance of production management to business organization?
One of the objectives of value analysis is to keep the production costs down.
Which of the following does not included in the decisions related to business that can be made through demand forecasting?
In idea generation, listing of customer needs and the identification of ________ are done.
A _________ is defined by devices designed to visually share information about organizational operations
DMAIC can be implemented as a stands alone improvement procedure in quality or as a part of other process improvement initiatives.
It means prediction the future as accurately as possible. , available information which includes historical data and knowledge of any future events that might impact the forecasts should be given.
It means product works well and functions as stated and promised.
To match the demand for the product, right production capacity must be selected by production management.
Which of the following is not a characteristic of a DMAIC process?
To have more business space, a business firm may choose a new business premise.
Selecting the right product to produce followed by selecting the right design for the product.
Routing refers to deciding when to start and when to complete a particular production activity.
In analyzing the data, there will be no uncertainty.
Which of the following is the 4th function of production management?
Which of the following should not be considered in using the best forecasting models?
Which of the following is included in the activities of business process management?
_________ is the major thrust of TQM.
Effective communication is one of the keys to motivation because __________ need to know that they are important individuals and members of the business organization.
It refers to cross-functional coordination, integration and development of product simultaneously.
Deciding on what to benchmark is the first step in the benchmarking process.
Discouraging teamwork is a must for quality leaders.
Marketing area is responsible for securing resources related to finances at favorable price as well as the allocation.
The size of the plant should conform to the organization's sales requirement.
Which of the following are the critical decision making that business firm can do because of demand forecasting?
One factor in choosing a location which refers to the availability of manpower which might attract business firm to an area especially if the manpower has the skills which required by the company.
Quality leaders do not prioritize attention to internal and external customers.
A business firm may not make demand forecasts for different regions and fix sales targets for each accordingly.
Production management facilitates the optimum resource utilization
The fourth step in collecting detailed data and information in the investigation stage of value engineering.
Competitive advantage is being created through product differentiation if the customers of business organization are willing to pay enough to cover any extra cost in the production.
Resource arrangement in facility may relevantly affect business productivity.
The first principle in total quality management (TQM) which refers to the level of quality is determined by the customer.
Which of the following is not example of output quantification?
It refers to the value that each worker or employee creates per unit of his input.
Hiring and laying-off workers are not allowed in the constant workforce strategy.
The first stage of data driven approach to project management is ________ .
All products follow all five stages of product life cycle.
A factor that may influence the choice of business location which refers to cost with regards to getting the raw materials for the business production or stocks for sale
It refers to deciding when to start and when to complete a particular production activity.
In this principle of total quality management, all employees participate in all activities in the business organization towards the achievement of common goals.
In choosing a business location, the entrepreneur or business man should carefully assess the environment which is right for the business.
It is all about the measuring the whole system in a certain firm if each part is working good - if the output is greater than the input in processing the said output.
Transformation to total quality management starts when a business organization is already aware that product or service quality must be ________.
Without the cost data, productivity analysis helps in the evaluation of proposed changes to existing processes or products and introduction of new ones.
_________ is the first step in the value analysis process.
It is the place where the business is situated
Quality management includes_________ such as operations and evaluations.
Forecasting can play a relevant role in many areas in business.
Types of goods do not affect the process of demand forecasting.
There is no guarantee that the worker is able to accomplish what is required in a safe and healthy fashion if there is a properly designed job.
A usual layout problem wherein all the given material must be laid out, minimizing simultaneously the total space or transportation of resources between items or while some additional constraints between the items.
In every business, demand plays a critical role in the areas of management.
Production management helps the business to face competition in the market.
Value engineering may change the present stage of the product or operation while in value analysis, changes are executed at the initial stages only.
It is an act of creating something useful.
Costumers usually buy these products immediately, frequently and without comparing them with other products or without buying effort.
Determining the cost and select those ideas which can be practically implemented are usually involved in the process of _________.
Quantity is a measure of satisfaction of customer with the product or a service in QFD.
Involvement of employees increases labor and management problems.
It is a systematic process which involves demand anticipation for the organization's products in future under set of uncontrollable and competitive forces.
In new product prototype and market testing, assign a team member who has a strong skill in project management to coordinate or manage the development and delivery process of the product.
By providing workers with the necessary skills through _________ gives assurance that employees and managers can perform their jobs competently and firm's commitment to its employees is demonstrated.
Principle of total quality management wherein a series of steps which take inputs from suppliers, both internal and external and transforms them into outputs that deliver to internal and external customers is a process. In order to detect unexpected variation, definition of steps required to carry out the process and continuous monitoring of performance measures are done.
It refers to the planning, acquisition, utilization and control of physical resources employed in the provision of goods and services.
Quality control process will be far less effective without sound leadership.
If feedback on quality problems is faster and surer, ________ quality products can be manufactured.
Examination of trends which is a form of productivity analysis helps determine problems _________ they become crisis and enable to have early adjustment and corrective action.
Process layout is recommended for batch production.
Which of the following advantages does not belong to the product layout?
Personal biases which sometimes contaminate qualitative methods are usually encouraged in quantitative approach in forecasting.
It names, identifies and defines a property or a characteristic of an entity type.
Which of the following does not belong to advanced manufacturing technology?
For small, large or nonprofit organization, strategy formulation does not vary while strategy implementation varies among the different sizes and types of industries.
It refers to assessing and choosing job candidates are involved in this process.
The business firms around the business location should be considered too because this will ensure that these will benefit the company itself
If a business firm has products and services with "poor quality", it cause them to market the said product ineffectively.
When there is the resources of productivity are measured separately, there is
Through production documents, costs are increased.
Which of the following is the 3rd step in designing a job?
Economic viewpoint has nothing to do with obtaining demand forecasts.
Production management decreases the reputation, goodwill and image of business organization.
Demand forecasting aims to help the business organization to estimate its financial requirements.
_________ is interpreted as accounting control and operating control.
The more educated an employee means lower human capital and of course labor productivity becomes higher too.
Forecast or time estimates are past oriented.
It is a focused methodology for carefully listening the customers' voice and then effectively responding to those customer's needs and expectations.
Demand forecasting aids an organization in controlling its production and activities related to recruitment.
It refers to the process of the right capacity type to the right kind of customer at the right price at the right time with the purpose of maximizing yield or revenue.
It is utilized in assessing the available resource use.
Ineffective communication during times of organizational change and as part of day-to-day operation plays a big part in maintaining the morale and motivating all level employees.
Which of the following does not belong to the importance of production management to business organization?
The type of business premises for the business depends on its activities.
Which is not a characteristic of service?
The following are management control aspects except for
Partnering is when there is a short-term commitment between two or more business firms with a purpose of specific goal and objective attainment by maximizing the participant's resource effectiveness.
Designers of product actually work with other professionals such as marketers and engineers.
These are industrial products used in operations and production.
Assigning workloads to each assigned work station in a manner that the every work stations has approximately same amount of work to be done is the purpose of _________.
Which of the following is not an example of a convenience product?
To produce useful goods and services that will satisfy the needs and wants of customers is not an objective of production management.
The business operations of a certain business firm and the industry where the business belongs are _________ of variation in forecast accuracy.
The second step in the implementation phase of value engineering is to ________.
Quality is "fitness for intended use".
The key principle to visual workplace is to install vital information visually as close to the point of use as possible
Through demand and supply forecasting, the number and types of employees needed to carry out successfully its overall plan are estimated.
To match demand period using regular time production is the objective of the __________.
Quality assurance serves as tool for management so as to provide confidence in manufacture/supplier in contractual situation.
In this step, the execution of the schedule plan as per the route chalked out.
The following are the barriers of total quality management except for
Value engineering helps the business organization in this aspect.
Which of the following is not included in the group of PROs and CONs of yield management?
It refers to the trends in the analyst following like number of analyst following a firm within a period of time and the dispersion in their forecasts.
In the identifying relationship, the primary key of parent entity is inherited by the child entity as a non-primary key attribute.
Which of the following is not a pre-required input for aggregate planning?
Which of the following is not included in the importance of production management?
Assessing and choosing job candidates are involved in the selection process.
A process which stimulates everyone in the business organization with an objective to achieve greater satisfaction in the work environment.
To ensure that building and selling the right product to the right person with the right message at the right price and through right channels is materialized, research is conducted on _________.
Most of the business organization's decisions are made under no risk and certainty conditions.
Only human resource professionals are responsible for HRM practices.
It refers to a coordinated effort to achieve product or service that did not exist before a given level of quality.
Which of the following is not included in the 3 key areas to focus in transforming performance management?
It is the subjective dimension of quality.
Yield management has no disadvantage.
Good product design can provide competitive edge.
Which of the following is not included in the reasons why a certain business will be choosing to change the business premises?
It is the process of influencing an organized group towards accomplishing its goals.
A visual workplace is defined by devices designed not to visually share information about organizational operations.
This method relates to Pareto's law, developed early in the twentieth century by Vilfredo Pareto.
Demand forecasting aids in estimating the ________ requirement in the future so that the raw material regular supply can be maintained.
Scheduling is irrelevant tools for manufacturing where it can have a major impact on the process productivity.
A more sophisticated and detailed business analysis are required for a new product idea that survives the new product development screening stage:
Another term for fixed position layout is ________.
It is the time between when analyst submits an estimated projects sales forecast and the company announcement of the actual estimated projected sales. It relevantly affects the accuracy of forecasts.
How a product looks, sounds, feels, tastes or smells is a matter of reflection of individual preference and personal judgment.
It is not a good idea of looking for other business in the locality that might complement products and services to be produced by the business.
Project management decisions should be based on a concrete basis of quantitative data and objective fact measurement which should only be influenced by experiences and intuition at the later date and should be applied to that specific context.
Site suitability should also be considered especially when the business where specialist skills are required.
The business content of a data model is created in the physical data model.
In identifying relationship, the primary key of parent entity is inherited by the child entity as a non-primary key attribute.
For large and small businesses, location decisions are not important.
Which of the following does not belong to the group?
It is an internet based application through which electronic messages are exchanged between and among people.
By making own estimates called guess estimate or taking the help of market research agencies or specialized consultants, business organization can forecast demand.
Which of the following is not a reason for layout re-designing?
In selecting the supplier, see to it that it has a customer satisfaction and organization credibility track record.
Functional area in an organization which is responsible for the production of goods and services to customers.
The American Society for Quality Control was recognized in _________.
The last step in the workforce planning?
Physical database modeling depends on the software already being used in the business organization.
One of the less rewarding new product development phases is the prototype testing.
Production management helps in the expansion of business.
For compiling business requirements and representing the requirements as a model, logical database modeling is required.
Documenting the specification of products should be done in product and service designing.
It is a way of looking at and then controlling the processes which are present in the business organization.
Decrease outsourcing is the result of globalizing the operation of companies in order to source products and services from low cost and better quality suppliers.
The focus of logistics is the flow of goods and materials from the suppliers, through the business organization and to the customers, with efficiency and cost effectiveness as its ________ priority.
Product design should be according to the ________ requirements.
The first step in the strategic management process is ________ .
He is the one who buys or patronizes products and services.
Business process management is not a one-time exercise.
These strategies are based on understanding, anticipating and influencing behavior of consumers in order to maximize profits or revenue from a fixed, time- limited source.
Business process develops in time but do not focus on dynamics.
It is necessary to prepare report which summarizes the work that has been done, including specific proposals and conclusions.
The Preparatory work of KAIZEN event method is completed by the process or quality improvement expert ad is centered on the define and measure phases.
It refers to primary operating characteristics of a product.
Value analysis may change the present stage of the product or operation while in value engineering, changes are executed at the initial stages only.
Qualitative approach in forecasting include the methods consisting mainly of inputs which are _______ and often defy precise numerical description.
A lot of wasted energy, time and confusion may result from a effective layout.
These forecasts are needed to determine the future resource requirements.
He is the one who designs or modifies the work to fit the worker and not in the other way around.
The goal of ergonomics is the elimination of discomfort an injury risk due to work.
Continual improvement drives the business organization to be both less creative and unanalytical in finding ways to become more ineffective and uncompetitive at meeting expectations of stakeholders.
Issue on production orders for starting the operation is involved in auditing.
Alignment of product mix is not needed in developing new products.
Supply chain managers are valued by business firms because they help control and reduce supply chain cost which can result to dramatic increases in business profits.
Level of inventories must be monitored by the production manager because if there will be overstocking, the working capital will be blocked and spoilage, wastage and misuse of materials may happen.
A process dynamic view wherein order of activities is the focus of this dynamic view.
Which of the following is true to value engineering?
The material or its major components remain in a fixed location and machinery, tools, mean and other materials are brought to this location.
In group layout, the material or its major components remain in a fixed location and machinery,
One factor in choosing a location which refers to the nearness of the market in the business location.
Which of the following steps to follow in the product and service designing should be done after translating the needs and wants of customers into product and service requirements.
These are utilized in strategic planning wherein market opportunities, environmental factors and internal resources should be taken into account.
Most of the business organization's decisions are made under risk and uncertainty conditions.
Which demand forecasting objective is described in this sentence: It aims to help the organization to determine the size requirement of the plant for production.
Which of the following are the benefits of introducing new products effectively?
In this process, the objective is to create a long and short-range supply chain strategies which are effective.
Issues in designing products and services become important when there is a potential harm to the environment.
Measuring and managing personnel or employee productivity are important things that should be considered by employer.
Performance, features and warranty are not part of product quality.
Empowering people is not a need at all because they have it already but business organization must help the said employees to take on their power.
that should be considered by employees.
Demand forecasting is a sales estimate during a specified time in the future based on the proposed _________ plan and a set of a specific uncontrollable and competitive force.
Concurrent engineering is a short term strategy and with a long term benefits too to business firms.
Business organization could exist without operations management and supply chain.
It isutilized in assessing the available resource use.
It refers to something that is being made and with a purpose to be sold to consumers.
In choosing a location, consider the present but not the future needs of the business.
Ethics allows individuals to be consistent in our judgment.
Manufacturing schedule is prepared based on the involved type of manufacturing process.
It refers to a marketing activity which includes doing an aggregate plan for the production process in advance for about 6 to 18 months for the management to have an idea on what quantity of materials and other resources are to be purchased and when.
Supply chain management improve financial positions.
In screening ideas, business firm should consider _________.
Which of the following does not include in the time series models in quantitative forecasting?
Assessing and choosing job candidates are involved in the recruitment process.
There are _________ steps to follow in assessing the viability of new product.
Cellular layout is the other name for product layout.
In any business, core processes need to be managed with cross functional decisions and dialogues.
The master schedule serves as the basis for all subsequent activities related to scheduling.
A composition of logical data model which is a representation of a person, thing, place, event or interest concept to a retailer.
The main aim of production schedule is to schedule the amount of work which can easily be handled by plant and equipment without interference.
To help operations manager in determining the status of a project, an easy to use graphical tool is used and that is the _________.
Another name for constant workforce strategy.
Which of the following is not a cause of variation in forecast accuracy?
If the system mission is to introduce a strict order in production-like processes, the best process view to use is the workflow.
Technology level constitutes a relevant factor in obtaining demand forecasts which are reliable.
Matching supply and demand of output over the medium time range up to approximately 1 year into the future is the concerned of aggregate planning.
Which of the following is not present when there is no proper job design?
Planning is not needed in production management.
In DMAIC process, learning is built from permanent to temporary solution for difficult problems:
Deciding on what to benchmark is the last step in the process of benchmarking.
It is really individuals who are managing themselves because many individuals are working on a variety of projects.
Through demand forecasting, the number and types of employees needed to carry out successfully its overall plan are estimated.
They are the agents who actually perform the activities.
Which of the following does not affect the process of demand forecasting?
Implementation of concurrent engineering can be challenging but the competitive advantage means it is beneficial in the long term.
The last step in the product design process.
The fourth phase in the value engineering process is ________.
Because business firm estimates the current demand for the products that it offers in the market, it enables the business to move ________ to achieve the set goals and objectives.
Which of the following does not belong to supply factors that can influence the choice of business location?
Relative cost ranking is the further development of ABC analysis.
Which of the following processes are included in production management?
Communication is the key for relationship between and among the following: management/supervisors, customers, and colleagues/employees.
An approach in developing that should be considered in developing aggregate plan wherein quadratic approximations for all relevant costs are applied and obtains linear equations of the optimal policies.
Production management helps to maximize the production costs.
One of the objectives to achieve in performance measure is to identify which processes needs improvement.
Products should be planned and produced effectively because they are key to success for a manufacturing business.
Demand forecasting plays a critical role in budget making by estimating the cost and expected income or revenues.
The second step to follow in aggregate planning process is _______.
Supply chain management has nothing to do with improving the business financial positions.
Business organization aside from having best employees should have an effective leader which may put the firm in the best possible position which can lead them to success.
Which is not included in the physical database modeling?
Demand forecasting is not important in deciding for business expansion.
Value analysis worked out mostly with the help of knowledge and experience while value engineering requires specific technical knowledge.
When output grows faster than capital inputs, productivity grows.
It refers to the degree to which a design of a product and operating characteristics meet established standards.
Mismatching supply and demand of output over the medium time range up to approximately 1 year into the future is the concerned of aggregate planning.
It refers to evaluating how the manufacturing of goods was done and if there is a need to take corrective actions.
To satisfy the demands of _______ which is to have a good quality products at cheapest prices, production manager should continuously improve quality of products.
Employees with the use of their expert knowledge of the process, make better decisions.
Supply chain is all about managing relationship with suppliers and customers.
Statistical process control is one of the best technical tools for improving the quality of products and services.
_________ is being created through product differentiation if the customers of business organization are willing to pay enough to cover any extra cost in the production.
Which of the following is the second step in choosing for the business premises?
Performance appraisal with an objective to improve employees' performance let them know how they are doing and provide a basis for_________ and other purposes related to the future of employees.
Finding out whether the actual production is done as planned should be done by the customers.
A business firm should attempt to deliver a "perfect order" to every customer always.
Entity relationship diagram demonstrates the _________ between the different data categories and shows the different data categories required for the database development.
Which of the following is not included in the short-term objectives of demand forecasting?
The policy in quality is authorized by top management and but not forms an element of the corporate policy.
Yield management has pros and cons.
Quantitative approaches in forecasting are subjective.
_________ in a supply chain context involves any change in the product or process which results in increased efficiency.
Relative cost ranking is one technique used in project identification.
No business organization could exist without operations management and supply chain.
Finding out whether the actual production is done as planned should be done by the manager.
In choosing a location, there is only one option and that is to buy the place for the business.
HRM practice which refers to providing employees with such things likes shares of company stocks and profit-sharing programs.
The manufacturing schedule serves as the basis for all subsequent activities related to scheduling.
The third stage of the DMAIC process.
In this method, the business firm produces a product or service that is preferred by buyers.
The first step in the product design process is _______ .
Marketing new product approach which includes identifying the price for an entry-to market, a premium price and a minimum sale price.
Qualitative forecasting method wherein ideas and opinion of group of high level managers or experts is pooled.
There is a need to include plan in the action monitoring.
Level of competition influence the demand forecasting process.
Small screening designs seem to be particularly favored by Taguchi adherents.
The real test of quality which is an affirmative indication or judgment that the manufacturer/supplier of product or service has met the important specification requirements, contact or regulations and the state of meeting requirements.
For compiling business requirements and representing the requirements as a model, physical database modeling is required.
It refers to how a team or an organization do the analysis of workforce and determination of steps which should be taken to prepare for future talent needs
Which of the following statement is true with regards to quality?
It refers to an improvement to the traditional way of doing business
Inventory control is interpreted as accounting control and operating control.
What production management function which deciding on the type of machines, material handling system, type of technology, etc is included?
It refers to measure of ability of a business firm to produce goods and services from the given number of resources: capital, human resource, land, knowledge and time.
Product reliability can be improved by making conduct of product testing less priority.
Expanding output with a little required output may be achieved as the organization adopts new organizational structures, develops and applies new technologies and approaches.
The systematic process which business organizations use every time they want to conduct a study or the product's function is the _________.
Demand forecasting's objective which refers to helping in setting the sales target that will serve as the basis for evaluating sales performance.
Products which are introduced by the business firms into a product category where the business had not been doing business up to this time
A time series model of forecasting which refers to weighted average procedure wherein weights decline exponentially as the data become older.
It refers to prescribing of where and when each operation necessary to manufacture the products is to be performed.
Ineffective human resource management can gain a competitive advantage over competitors.
It is usually applied in hotels, rentals, freight transport and telecommunications.
There should be a realization that achievement of competitive advantage through the workforce is not a one day shot deal.
Demand forecasting aids in fulfilling the post-decided objectives of any business organization.
This should also be considered especially when the business where specialist skills are required.
It is a top down leadership approach which entails top management transparency and accountability towards all stakeholders of the extended supply chain.
Which of the following is the first step in designing a job?
Production management is important to business organization but not to the customers and to society.
The third stage of the product life cycle wherein the product has already stabilized standard for the production such product.
Business organization sets prices of products according to its ________ in the market.
Which of the following does not included in the qualitative methods of forecasting?
Human resource requirements are met easily through demand forecasting.
The image of the site where the business will be located has nothing to do with its success.
Competitive advantage is being created through product differentiation if the customers of business organization are not willing to pay enough to cover any extra cost in the production.
When the system mission is to integrate existing subsystems ________ .
One of the objectives of value analysis is to keep the production costs up.
Plant layout designs must be created in a way that the need of manufacturing parts in batches is removed.
The process of establishing time at which to start and complete each event or operation comprising a procedure.
On which of the following conditions does yield management applicable?
These are utilized to find non-compliances to requisites or defects.
It is a named type of data representation which may apply to one or more attributes.
It is when there is a long-term commitment between two or more business firms with a purpose of specific goal and objective attainment by maximizing the participant's resource effectiveness.
If a business firm has products and services with "high quality", it cause them to market the said product ineffectively.
The following qualities should look for in a supplier except for
In this step of strategic management process, external and internal environments are scanned and end with monitoring of organization's activities.
Refers to the use advanced manufacturing technology ( CIM, additive manufacturing, robotics, mechatronics and automation, micro and nano factories, sustainable and green manufacturing), JIT, TQM, human capital perspective and human resource management. Businessmen should realize the importance of integrated production management system because it has a potential of decreasing costs and increase output which in turn can make profit increase.
Success of business usually lies on the goods and services they offer in the market.
Managers must act in the present to control and monitor the project phase evolution with a comparison on the milestones to targeted dates of completion.
Which of the following is not included in the factors to consider in scheduling?
Total quality management (TQM) is an overnight process.
When all the business requirements have been gathered, logical database models are basically determined by the logical database models.
This demand factor is important to consider because a business has a future goal of expansion and if the space is limited, it will not materialize one of the proofs of business success which is the expansion.
It is data-driven strategy utilized to improve processes.
Organization's unit cost of production can fall as it expands because _________.
There is a guarantee that the worker is able to accomplish what is required in a safe and healthy fashion if there is a properly designed job.
_________ allows individuals to be consistent in our judgment, provide reasons for beliefs and to examine opinions critically.
Customer needs are constant.
Producing ineffective products ensure success in business.
A Manufacturing layout which is possible where an item is being made in different sizes and shapes.
To match demand period using regular time production is the objective of the constant workforce strategy.
Employees in the business organization should be empowered.
Finding out the best and the most economical operation sequence to be followed in the process of manufacturing is the main objective of routing.
Cost but not the size of land should be considered in locating the business.
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