BUSI650 UPDATED ACTUAL Questions and CORRECT Answers
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Course
BUSI650
Institution
BUSI650
BUSI650 UPDATED ACTUAL Questions
and CORRECT Answers
Layout analysis is usually performed for the following purpose(s): - CORRECT ANSWER-
All of the above
Which form of transportation system utilizes group technology? - CORRECT ANSWER-
Cellular production
Which of the following is NOT an adv...
BUSI650 UPDATED ACTUAL Questions
and CORRECT Answers
Layout analysis is usually performed for the following purpose(s): - CORRECT ANSWER-
✔✔All of the above
Which form of transportation system utilizes group technology? - CORRECT ANSWER-
✔✔Cellular production
Which of the following is NOT an advantage of rapid response? - CORRECT ANSWER-
✔✔First-mover advantage
In the Service Matrix, to which quadrant does recreation belong? - CORRECT ANSWER-
✔✔Service factory
Continuous processes are characterized by low to moderate output variety and one to few in
batch size. - CORRECT ANSWER- ✔✔False
Customization occurs when - CORRECT ANSWER- ✔✔Products or services are offered on
a made-to-order basis
What are the two trends in the range of accommodation to customers' needs? - CORRECT
ANSWER- ✔✔Customization and standardization
Which business strategy waits for the product to become fairly standardized and is demanded
in large volumes? - CORRECT ANSWER- ✔✔Cost minimization or late-to-market
A purposeful collection of people, objects, and procedures for operating within an
environment is known as a(n): - CORRECT ANSWER- ✔✔System
Value can be added to an entity in all the following ways, EXCEPT: - CORRECT ANSWER-
✔✔Facilitating
, Inputs in a bank's production system may include: - CORRECT ANSWER- ✔✔Checks and
deposits
Which of the following is among the six major elements of a production system? Check all
that apply. - CORRECT ANSWER- ✔✔Inputs and Outputs.
A distinction between normal goods and information/knowledge is that
a) Normal goods wear out, but information/knowledge does not
b) Information/knowledge can be given or sold to many others
c) Information/knowledge is subject to diminishing returns, but physical outputs are subject
to increasing returns
d) Both A and B - CORRECT ANSWER- ✔✔Both A and B
As the costs of fixed equipment investments rise with the volume produced, companies move
from project to job, flow, and then cell transformation systems. - CORRECT ANSWER-
✔✔False
A/An ___ item is produced in batches of some size that is set by the customer, and then
delivered upon its completion. - CORRECT ANSWER- ✔✔Make-to-order
A gap in the service process that is considered the misperception by the service provider of
what the customer truly needs. - CORRECT ANSWER- ✔✔Gap 4
Paced lines use some sort of conveyor to move output along the production line at a variable
rate, so that operators do their work as they need. - CORRECT ANSWER- ✔✔False
In the product-process matrix, when the size of a batch increases significantly, with a
corresponding decrease in output variety, then the flow shop is appropriate. - CORRECT
ANSWER- ✔✔True
Which form of transportation system utilizes group technology? - CORRECT ANSWER-
✔✔Cellular production
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