BAM 421 Unit 2 Examination Answers
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BAM 421 Unit 2 Examination Answers
BAM 421 Operations Management Unit Exam 2
1.
The analysis tool that
helps determine what products to develop, and by what strategy, by listing
products in descending order of their individual dollar contribution to the
firm is
_______________ analysis.
2.
In which stage of the
product life cycle should product strategy focus on improved cost control?
3.
_______________ 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.
4. Which of the following represents an
opportunity for generating a new product?
.
5.
What percentage of
sales from new products is indicative of industry leaders?
6. Which of the following is not one of the major
categories of costs associated with quality?
.
7.
All of the following
costs are likely to decrease as a result of better quality EXCEPT
_______________ costs.
8.
Quality can improve
profitability by reducing costs. Which of the following is not an aspect of
reduced costs by quality improvements?
9.
Which of the four
major categories of quality costs is particularly hard to quantify?
10. Which of the following statements is NOT true?
11. Frito-Lay is to _____________ focus as Harley
Davidson is to _____________ focus.
12. One of the similarities between repetitive
focus and mass customization is _____________.
13. Flexible equipment with rapid changeovers is
most closely associated with which approach?
14. Swift movement through the facility is typical
of goods in which approach?
15. High fixed costs and low variable costs are
typical of which approach?
16. Instead of comparing the salaries of Detroit
autoworkers to foreign autoworkers to determine if Union labor prices are the
cause of Detroit’s financial woes, which of the following should be used?
17. The reason fast food restaurants often are
found in close proximity to each other is ______________.
.
18. Currency risk is based on what assumption?
.
19. Governmental attitudes toward issues such as private
property, intellectual property, zoning, pollution and employment stability may
change over time. The term associated with this phenomenon is _____________
risk.
20. A location decision for an appliance
manufacturer would tend to have a(n) _____________.
21. Slotting fees _____________.
.
22. Which of the following is not a retail layout
practice?
23. What is the primary reason why retailers tend
to locate high-draw items around the periphery of the store?
.
24. The fixed-position layout would be most appropriate
in which of the following settings?
25. For which of the following operations would a
fixed-position layout be most appropriate?
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