A) product layout
B) process layout
C) modular layout
D) fixed-position layout
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) systems engineering
B) microdesign
C) modular construction
D) flexible manufacturing
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) Determining the best means of financing the firm's operations
B) Developing the best advertising strategy to promote a firm's products
C) Deciding whether to pay a dividend to the firm's stockholders
D) Choosing the best location for a firm's facilities
Correct Answer
verified
Multiple Choice
A) the path that begins with "Start" and continues with all boxes labeled with No. 1.
B) the path that begins with "Start," continues with all boxes labeled with No. 2, and concludes with "Finish."
C) the path that begins with "Start," continues with one box labeled with No. 2, proceeds with all boxes labeled with No. 3, and concludes with "Finish."
D) the path that begins with "Start," continues with all boxes labeled with No. 1, and concludes with "Finish."
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) often engage in fierce competition to attract businesses, including the offer of tax breaks, zoning changes, and financial aid.
B) try to avoid competition with other areas, because such competition usually backfires and creates ill will.
C) no longer pursue new businesses, because they have found that attempts to attract businesses are usually too expensive to justify the results.
D) work primarily through the federal government and the Small Business Administration to obtain financial assistance for firms seeking to locate in their area.
Correct Answer
verified
Multiple Choice
A) keep inventories of finished goods as high as possible.
B) produce goods and services with less of everything that goes into the process.
C) produce a very limited variety of goods.
D) become more self-sufficient by producing major components rather than buying them.
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) producing goods at the lowest possible cost.
B) keeping labor costs as low as possible.
C) achieving customer satisfaction.
D) detecting errors at the end of the production process before the goods are shipped to customers.
Correct Answer
verified
Multiple Choice
A) the government's willingness to implement policies designed to protect U.S. firms from low-cost foreign competition.
B) a decision by many U.S. manufacturers to drastically reduce costs by making more extensive use of mass-production techniques.
C) a number of significant changes in both the production techniques and management styles used by U.S. firms.
D) a relaxation of government laws that has allowed manufacturing firms to merge more easily, thus achieving stronger market positions.
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) micro-engineering.
B) flexible manufacturing.
C) continuous production.
D) multiple output processing.
Correct Answer
verified
True/False
Correct Answer
verified
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