Business 101: Chapter 9

Which of the following statements about facility location is most accurate?

With the __________ inventory control system, producers hold only the amount of materials and parts that they need for a short period of time - sometimes just a few hours.

Contemporary producers and their suppliers,

In a PERT network, the sequence of tasks that takes the longest to complete is called the:

Today manufacturers are relying more heavily on:

U.S. companies that participate in the manufacturing sector:

Most new manufacturing facilities use:

In manufacturing, one way to compete with cheap labor is to:

A bar graph that shows what projects or tasks are in process and how much of each is completed is called a(n):

A(n) __________ puts together components to make a product.

__________ is the physical arrangement of resources in the production process.

In recent years, the service sector of the U.S. economy has:

MRP is the acronym for:

Which of the following statements is most accurate?

Lean manufacturing ___________ productivity.

An example of a __________ is building a new home on a lot.

____________ standards are concerned with the best practices for managing an organization's environmental impacts.

______________ means tailoring products to meet the needs of a large number of individual customers.

In the past, the idea behind mass production was to:

Production management is the traditional term used to describe all the activities managers do to help their firms create:

The ___________ National Quality Award is given to firms that achieve an outstanding level of overall quality based on performance in seven key areas.

Production creates:

___________ is a computer application that enables a firm to combine computerized functions of all divisions and subsidiaries of the firm into a single, integrated software program that uses a single database.

In manufacturing, a __________ is used to produce large quantities of a few types of products.

____________ uses computers to help design products.

New developments in information technology have:

A just-in-time inventory system usually reduces costs for:

A basic characteristic of flexible manufacturing is that it:

Firms often use a(n) _____________ when working on a major project involving the production of a large item such as an airplane, ship, or bridge.

ERP is the acronym for: