Sample Questions 2 - a. create inflationary pressures on...

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Sample Questions 1. According to the article Japan’s carmakers promote building to buyer’s order “The order-to-delivery project will greatly increase our flexibility, speed, and ultimately customer delight” (a) True (b) False Ans: (a) 2. Some of the advantages of made-to-order strategy are: a. lower inventory b. more satisfied customers c. less discounting of left over products d. increased cost of production e. a, b, c only Ans: (e) 2. The failure of UM Hospital to adopt JIT clearly demonstrates that manufacturing techniques cannot be applied to the service sector. a. True b. False Ans: (b) 4 Outsourcing (a) turns fixed cost into variable costs (b) turns variable cost into fixed cost (c) increases total cost (d) all of the above (e) none of the above Ans: (a) 5. Wage and price increases not supported by productivity increases
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Unformatted text preview: a. create inflationary pressures on the economy b. lower the standard of living c. reduce competitive position d. All of the above e. None of the above Ans: (d) 6. Capacity refers to an upper limit on the rate of output. a. True b. False Ans: (a) 7. Some of the KEY factors that determine if a company should decide to outsource? a. Core competency b. Flexibility c. Lower cost d. Access to the latest and greatest technology e. All of the above. Ans: (e) 8. Outsourcing to foreign countries is not without hurdles such as: a. Control over quality b. Rising transportation and shipping cost c. Instability of the foreign supplier d. All of the above e. None of the above Ans: (d)...
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Sample Questions 2 - a. create inflationary pressures on...

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