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Exam (elaborations)

Bus 140 SJSU Exam 2 Questions and Correct Verified Answers Latest Version

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___ is used to rank a company's products to determine which products represent the best use of the firm's resources, or, perhaps, to determine which products are to be eliminated. A) Value analysis B) Value engineering C) Financial analysis D) Product-by-value analysis E) Product cost just...

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  • October 14, 2024
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  • 2024/2025
  • Exam (elaborations)
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  • Bus 140 SJSU
  • Bus 140 SJSU
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1 | P a g e | © copyright 2024/2025 | Grade A+




Bus 140 SJSU Exam 2 Questions and
Correct Verified Answers Latest
Version
________ is used to rank a company's products to determine which products

represent the best use of the firm's resources, or, perhaps, to determine which

products are to be eliminated.


A) Value analysis


B) Value engineering


C) Financial analysis


D) Product-by-value analysis


E) Product cost justification


✓ D) Product-by-value analysis




Which of the following is true regarding value engineering?


A) Value engineering occurs only after the product is selected and designed.


B) Value engineering creates fragile design.


C) Value engineering is oriented toward improvement of design.


D) Value engineering occurs during production when it is clear the product is

a success.



Master01 | September, 2024/2025 | Latest update

, 1 | P a g e | © copyright 2024/2025 | Grade A+

E) Value engineering can save substantial amounts of product cost, but

quality suffers.


✓ C) Value engineering is oriented toward improvement of design.




Which of the following typically shows the hierarchy of components, their

description, and the quantity of each required to make one unit of a product?


A) an engineering drawing


B) an assembly drawing


C) a bill of material


D) an assembly chart


E) a route sheet


✓ C) a bill of material




According to PCN analysis, service operations exist only within the area(s) of:


A) independent processing.


B) independent processing and surrogate interaction.


C) independent processing and direct interaction.


D) surrogate interaction and direct interaction.


E) independent processing, surrogate interaction, and direct interaction.




Master01 | September, 2024/2025 | Latest update

, 1 | P a g e | © copyright 2024/2025 | Grade A+

✓ D) surrogate interaction and direct interaction.




A company is deciding if it should design an advertising system for use on

Twitter©. The first option is to skip out on designing, with no net costs or gains.

The second option is System A, which would result in additional sales of either

$50,000 under good conditions or $10,000 under bad conditions. The final

choice is System B, which would increase sales by $20,000 under both good

and bad conditions. Suppose that good conditions are twice as likely as bad

conditions. Which option should the company pursue if developing a system

costs $25,000?


A) Develop System A


B) Develop System B


C) Do nothing


D) Develop System A and System B


E) Not enough data are given to support a decision


✓ A) Develop System A




The transportation model, when applied to location analysis:


A) minimizes total fixed costs.


B) minimizes total production and transportation costs.


C) minimizes total transportation costs.

Master01 | September, 2024/2025 | Latest update

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