At a TENG 343° QuizIB_)—January 22,2004 Name_Aiyc arises : Each question is worth 4 points. 1. The fundamental purpose for the existence of any organization is described by its Policies 4. Procedures )Mission e. Strategy ~ Bylaws Which of the following is NOT an opggations competitive strategy? 2. Response (adrechnotogy b. Differentiation e. Low Cost . All of the above 3. Which of the following is an example of competing on the basis of differentiation? a. A firm manufactures its product with less raw material waste than its competitors b. A firm's products are introduced into the market faster than its competitors ¢, A firm's distribution network routinely detivers its product on time ) A firm offers more reliable products than its competitors A firm advertises mote than its competitors 4, In what stage of the “Product Life Cycle” has the product design begun to stabilize, is practical to change price or quality image, forecasting is critical, competitive product improvements and options are best introduced to market, capacity is increasing, and a need to enhance distribution? a. Introduction (BYGrowth —c. Maturity d. Decline. None of the above Which of the following is an example of competing on the basis of response? a. A firm manufactures its product with less raw material waste than its competitors, 5 A firm's products are introduced into the market faster than its competitors A firm’ distribution network routinely delivers its product on time A firm offers more reliable products than its competitors e. A firm advertises more than its competitors, 6. The ability of the organization to produce goods and services that have some uniqueness in their characteristic is: a. time-phased competition 4. mass customization b. competing on flexibility ehcompeting on differentiation c. competing on productivity 7. Which of the following inputs has the greatest potential to increase productivity? a. labor 4. globalization b. capital . differentiation ) management 8. A strategy is a. A broad statement of purpose b. A simulation used to test various product line options c. Aplan for cost reduction d. A set of opportunities in the marketplace (2) An action plan to achieve the mission 9. A critical success factor is defined as a. The creation of a unique advantage over competitors b. The purpose or rationale for an organization’s existence How an organization expects to achieve its mission and goals (@ Those sciviies thar are key achieving competitive advantage None of the above‘Matching. Match the terms below with the resulting definitions. (questions 10-19) [10 CX toute sheet] & Shows dimensions, tolerances, materials, and Finishes of component 11, _E ~ bill of material #. an exploded view of the product an instruction fo make a given quantity of particular items contains a route sheet, an engineering drawing, quality specifications | small quantity & large variety of products are produced listing of components, their description, qty. needed to make | unit listing of the process strategy ae shows the levels of the component parts and raw materials a schematic showing how the product is assembled a correction or modification to an engineering drawing listing of component parts required by quantity needed per order | [listing of the operations necessary to produce the component 12, Q sssembly drawing 13 Bick list 14. = iSsembly chart 15. work order 16. A engineering drawing 17, J — engineer change notice | 18, miamiafacturing packet 19, product structure AE ON FAR PES Given: The Green Bird Co, wants to increase their units produced. The company uses the “Multifactor Productivity Rate” to evaluate their decision. The related costs per day are as shown below: 183 83 Deseripiion | Od Method | New Methoa Old qa Production | 1500 Units | 2400 Units (S06. =H $1.00 per unit SON eeranK [S400 per unit] WO! *BOO*75OG [S700 | $900 New ‘ ‘$200 200 > eS OG +700 +1000 * 9GGG 20. , \Y3_ What is the Multifactor Productivity Rate of the New Machine (3 decimal accuracy)? 21. 27 KAwhat is the % increase or decrease if the company goes to the new method (/ decimal accuracy)? Ihe rst is10 wht ste Single Pvt Rate (Uhtshow) orthe New Met we ve OY Q2 HO umyw A company is producing an end product Part X. Each X is made of one Part A and (2) of Part B. Part ‘A is made of (3) of Part E and one of Part F. Part F is made of one on Part G. 23._ 7. OC) _A work order is issued to make 100 Part X, How many Part B’s are required to be issued to the order. 24-25 Draw a COMPLETE Product Structure for Part X \evel — ‘) Bonus: List the four of the five elements of the managemel Contvaling 7 leading wl v SrafFing A consoling .ENG 343 Quiz1A January 27,2005 Name. Bulk ei IVE Each question is worth 3 points. 1. The fundamental purpose for the existence of any organization is described by its a. Policies Procedures my Of 2. Which of the following is NOT an operations competitive strategy? b.Diferentation @ecnaogy ¢. All of the above 3. Which ofthe following is an example of competing on the basis of differentiation? a. A firm manufactures its product with less raw material waste than its competitors-\0/ b. A firm’s products are introduced into the market faster than its competitors c._A firm’s distribution network routinely delivers its product on time © A firm offers more reliable products than its competitors © A firm advertises more than its competitors — 4, In what stage of the “Product Life Cycle” isthe best time to increase market share, may warrant unusual expenditures for product development, and there are frequent product and process design changes? (@ Introduction —b. Growth. Maturity d, Decline —_e. None of the above 5. Which of the following costs would be incurred even if no units are produced a, Raw material costs . Transportation costs (b.) Building rental costs . Purchasing costs ©. Direct labor costs 6. The Dulac Box plant produces 500 cypress-packing boxes in two 10-hour shifts. Due to higher demand, they decided to operate three 8-hour shifts instead. They are now able to produce 600 boxes per day. What 2s happened to production? ) UO): Increased by 20% 4d. Decreased by 8.3% S00 units ) WO yn ts Increased by 50 sets’shitt e. Decreased by 9.1% 240 Mrs \3- Ohi ©. Inerensed by 37.5 setshr ra 7. Which of the following is an example of competing on the basis of response? ao > 4. A firm advertises more than its competitors “6 b. A firm manufactures its product with less raw material waste than its competitors 2 A firms products are introduced into the market faster than its competitors a4 | woe @ ‘A firm’s distribution network routinely delivers its product on time __ ®. A firm offers more reliable products than its competitors 8. The ability of the organization to produce goods and services that have some uniqueness in their characteristic is: a. time-phased competition b. competing on flexibi ©. competing on productivity @ competing on differentiation miass customization 9, Which of the following inputs has the greatest potential to increase productivity? labor 4. globalization L ovtp at b. capital e. differentiation sa management te pat