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