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AGBU 3361 Chapters 14-18 Exam With Complete Solutions 100% Verified

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AGBU 3361 Chapters 14-18 Exam With Complete Solutions 100% Verified...

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  • January 8, 2025
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  • 2024/2025
  • Exam (elaborations)
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  • AGBU 3361 Chapters 14-18
  • AGBU 3361 Chapters 14-18
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AGBU 3361 Chapters 14-18 Exam With Complete
Solutions 100% Verified


Chapter 14



_______ is the set of activities that relate to the creation of goods and services through
the transformation of inputs to outputs. - ANSWER Operations management



The operations function is concerned with _______ - ANSWER Producing goods or
providing services



An operations manager is NOT likely to be involved in ________ - ANSWER The
identification of customers' wants and needs



Which of the following is NOT one of the 10 strategic operations management
decisions? - ANSWER Mass market strategy



Productivity is the total value of all inputs to the transformation process divided by the
total value of the outputs produced. - ANSWER False



The Dulac Box plant produces 500 cypress packing boxes in two 10-hour shifts. What is
the productivity of the plant? - ANSWER 25 boxes/hr



The Dulac Box plant produce 500 cypress packing boxes in two 10-hour shifts. Due to
higher demand, they have decided to operate three 8-hour shifts instead. They are now
able to produce 600 boxes per day. What has happened to productivity? - ANSWER It
has not changed



The total of all outputs produced by the transformation process divided by the total of

, the inputs is _______ - ANSWER Multifactor productivity



The Dulac Box plant produces wooden packing boxes to be used in the local seafood
industry. Current operations allow the company to make 500 boxes per day, in two
8-hour shifts (250 boxes per shift). The company has introduced some moderate
changes in equipment, and conducted appropriate job training, so that production
levels have risen to 300 boxes per shift. Labor costs average $10 per hour for each of
the 5 full-time workers on each shift. Capital costs were previously $3,000 per day, and
rose to $3,200 per day with the equipment modifications. Energy costs were unchanged
by the modifications, at $400 per day. What is the firm's multifactor productivity before
and after the changes? - ANSWER before: 0.119 boxes/dollar; after: 0.136 boxes/dollar



The factor responsible for the largest portion of productivity increase in the United State
is _______ - ANSWER Management



Chapter 15



_______ describes the coordination of all supply chain activities, starting with raw
materials and ending with a satisfied customer - ANSWER Supply chain management



Which of the following would NOT typically be considered as part of the manufacturing
firm's supply chain? - ANSWER landscaping contractors



3. - ANSWER



Continues with question 3. If the company adopts a sales strategy instead. What must
sales be for profit to improve to $25,000? - ANSWER



Which one of the following is one of the six sourcing strategies?

A. Many/few suppliers

B. Virtual companies

C. Vertical intergration

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