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Q:
Identify the major disadvantages of the Gantt load chart.
Q:
Nike and many other companies engage in international outsourcing, which refers to
a. sending US employees to manage foreign-based operations.
b. relocating stateside operations abroad.
c. obtaining raw materials in foreign countries.
d. accessing foreign labor through contracts with independent providers.
Q:
What is the assignment method?
Q:
The purchase by a business in one country of a company located in another country
Q:
What is input-output control?
Q:
Learning effects occur when
a. mistakes are made and then new solutions found.
b. insights gained by employees enhance their work performance.
c. economies of scare are present.
d. companies take advantage of experience curve efficiencies.
Q:
The ________ is a special class of linear programming models that involves assigning tasks or jobs to resources.
Q:
An agency that distributes a companys products on a contract basis to customers in another country
Q:
________ are planning charts used to schedule resources and allocate time.
Q:
For most small businesses, the primary motivation for going global is to
a. develop new market opportunities.
b. reduce the costs of doing business.
c. gain access to resources that are important to the firm's operations.
d. capitalize on special features of location.
Q:
________ cards are used to control the amount of work in a work center, aiding input-output control.
Q:
A wholly owned subsidiary formed from scratch in another country
Q:
Three jobs are to be assigned to three machines. Cost for each job-machine combination appears in the table below. Perform the first two steps of the assignment method (subtract the smallest number in each row and subtract the smallest number in each column; then cover with straight lines). At this point in the problem-solving process: Machine A
Machine B
Machine C Job 1
11
14
6 Job 2
8
10
11 Job 3
9
12
7 A) the row for Job 1 contains the values 5, 6, and 0.
B) calculations are complete, and the problem is ready for an optimal set of assignments.
C) the column for Machine B indicates that it should be retired.
D) Job 1 should be performed on Machine B.
E) Job 1 should be performed on Machine A.
Q:
To expand a market, an emerging motivation for going global is to
a. take advantage of unique features of the local market.
b. find buyers for highly specialized products.
c. obtain tariff reductions.
d. extend the product life cycle.
Q:
If an assignment problem consists of 5 workers and 4 projects:
A) one worker will not get a project assignment.
B) one project will be assigned two workers.
C) the fifth worker will split time among the four projects.
D) one project will not get a worker assigned.
E) The problem cannot be solved by assignment method.
Q:
The value of one countrys currency relative to that of another country
Match the term with its definition. Some terms may not be used.
a. Born-global firms
b. Cross-border acquisition
c. Exporting
d. Globalization
e. Greenfield venture
f. Importing
g. Offshoring
h. Trade intermediary
i. Trade mission
Q:
If an assignment problem consists of 6 workers and 7 projects:
A) one worker will not get a project assignment.
B) one worker will be assigned two projects.
C) each worker will contribute work toward the seventh project.
D) one project will not get a worker assigned.
E) The problem cannot be solved by assignment method.
Q:
John is interested in joining with a large corporation in a cooperative venture to share risks and pool resources for his small auto parts manufacturing business. The strategy option he is exploring could best be described as
a. an international strategic alliance.
b. exporting.
c. importing.
d. international cost shifting.
Q:
What is a method of input-output control that uses a system of cards to limit the amount of work at a work center and also to control lead time and monitor backlog?
A) the assignment method
B) backward scheduling
C) forward scheduling
D) ConWIP cards
E) level material use
Q:
The potential for political forces in a country to negatively affect the performance of businesses operating within its borders
Q:
Which of the following is an aid used to monitor jobs in progress?
A) a Gantt load chart
B) the assignment method
C) a Gantt schedule chart
D) Johnson's rule
E) a Gantt progress chart
Q:
If job 5 takes 3, 4 or 5 hours to be completed by workers A, B, and C, respectively, what would the row values for job 5 be after performing Step 1A of the assignment method?
A) 3, 4, 5
B) 8, 9, 10
C) 0, 1, 2
D) 6, 7, 8
E) 1, 4/3, 5/3
Q:
Antonios small pasta firm is considering exporting its products. A Canadian grocery store chain with its corporate headquarters in Quebec has approached him. Which question would need to be answered in relation to the pasta companys financial capacity objectives?
a. How are the initial expenses of expanding to Canada going to be covered?
b. What international expertise does Antonio have, specifically does he speak French?
c. Why does Antonio want to export to Canada?
d. Will Canadian sales hurt USA sales?
Q:
The probability that a countrys government will mismanage its economy in ways that hinder the performance of firms operating there
Q:
There are two jobs to be assigned to two workers. The profit for worker A on job 1 is $5 and on job 2 is $8. The profit for worker B on job 1 is $10 and on job 2 is $12. How should the work be divided using the assignment method?
A) worker A assigned to job 1 and worker B assigned to job 2
B) worker A assigned to job 2 and worker B assigned to job 1
C) worker A gets both jobs 1 and 2
D) worker B gets both jobs 1 and 2
E) unable to determine
Q:
The Federation of International Trade Associations website is a source of trade
a. intermediaries.
b. leads.
c. missions.
d. Two of the above are found at the site.
Q:
What is a scheduling technique used to achieve an optimum, one-to-one matching of tasks and resources?
A) the assignment method
B) Johnson's rule
C) the CDS algorithm
D) the appointment method
E) the reservation method
Q:
Fees paid by the licensee to the licensor for each unit produced under a licensing contract
Q:
The assignment method is:
A) a method to highlight overloads in a given work center.
B) a computerized method of determining appropriate tasks for an operation.
C) a form of linear programming for optimally assigning tasks or jobs to resources.
D) the same thing as the Gantt schedule chart.
E) a method for achieving a balance between forward and backward scheduling.
Q:
For each unit produced under the licensing contract, the Hong Kong baker will pay a small fee called ________________ to Finagle-A-Bagel.
a. trademark fees.
b. royalties.
c. general licensing fees.
d. copyright fees.
Q:
A work center is interested in limiting work-in-process by not allowing production to start again until the current batch is finished. The best solution most likely involves:
A) MRP.
B) ConWIP cards.
C) Gantt charts.
D) Johnson's rule.
E) the assignment method.
Q:
Small companies launched with cross-border business activities in mind
Q:
A work center had planned outputs of 10, 15, 13, and 20 hours with actual outputs of 12, 14, 13, and 18 hours. What is the cumulative deviation in output?
A) 0
B) 1
C) -1
D) 58
E) Unable to determine with the given information
Q:
Allen is considering entering the global marketplace. What question should be answered first?
a. Does the company have the necessary "deep pockets" to follow through?
b. Are the companys domestic operations capable of subsidizing overseas operations?
c. Is the companys technology sufficient to enter into the international game?
d. Is the company up to the task?
Q:
A work center had actual input of 280 hours and actual output of 270 hours. What is the change in backlog?
A) 10
B) -10
C) 0
D) 1.037
E) Unable to determine with the given information
Q:
An agreement issued by a bank to honor a draft or other demand for payment when specified conditions are met
Q:
The assignment method provides an optimum, one-to-one assignment of jobs to resources.
Q:
International franchising is a variation on the theme of
a. exporting.
b. importing.
c. foreign licensing.
d. international strategic alliances.
Q:
Gantt charts are useful for scheduling jobs, but not for loading them.
Q:
A document indicating that a product has been shipped and the title to that product has been transferred
Q:
A Gantt load chart shows the loading and idle time of several departments, machines, or facilities.
Q:
Importing involves
a. the authorized use of intellectual property.
b. selling products from abroad in the firm's home market.
c. purchasing the right to manufacture and sell a firm's product in overseas markets.
d. the sale of products produced in the home country to customers in another country.
Q:
The constant work-in-process (ConWIP) card aids input-output control by limiting the amount of work in a work center.
Q:
Efficiencies that result from expansion of production
Q:
Which of the following is NOT required to be known in order to schedule process-focused facilities?
A) the sequence of work
B) which workers are assigned to each work center
C) the time required for each item
D) the capacity of each work center
E) the availability of each work center
Q:
A business that locates a production facility or sales office overseas by purchasing a foreign business from another firm is participating in
a. a cross-border acquisition.
b. a greenfield venture.
c. offshoring.
d. outsourcing.
Q:
Compare short-term scheduling at process-focused, repetitive, and product-focused facilities.
Q:
The unauthorized use of a companys intellectual property or manufacture of its products
Q:
Explain, in your own words, how backward scheduling and forward scheduling differ.
Q:
A fundamental activity for global small business success is
a. avoiding rigid planning that commits the firms resources to a single plan of action.
b. determining international markets that increase the companys unique potentials.
c. figuring out which of the firm's competitors is capable of copying its strategy.
d. tapping government programs that provide incentives for international expansion.
Q:
________ is the assignment of jobs to work or processing centers.
Q:
A combination of efforts and/or assets of companies in different countries for the sake of pooling resources and sharing risks
Match the term with its definition. Some terms may not be used.
a. Bill of lading
b. Born-global firms
c. Counterfeit activity
d. Economic risk
e. Economies of scale
f. Exchange rate
g. Letter of credit
h. Offshoring
i. Political risk
j. Royalties
Q:
In the sequence of decisions that affect scheduling, ________ is (are) the immediate follower(s) of the master schedule (or master production schedule).
Q:
The risk that a new government regulation could damage business activity in a country is considered
a. political risk.
b. economic risk.
c. exchange rate risk.
d. global risk.
Q:
________ scheduling begins with the due date and schedules the final operation first and the other job steps in reverse order.
Q:
Allowing a company in another country to purchase the rights to manufacture and sell a companys products in international markets
Q:
The short-term scheduling activity called "loading":
A) assigns dates to specific jobs or operations steps.
B) specifies the order in which jobs should be done at each center.
C) assigns jobs to work centers
D) assigns workers to jobs.
E) assigns workers to machines.
Q:
A Canadian grocery store chain with its corporate headquarters in Quebec has approached Antonios small pasta firm about possible exporting. Which question would need to be answered in relation to the pasta companys management objectives?
a. How are the initial expenses of expanding to Canada going to be covered?
b. What international expertise does Antonio have, specifically does he speak French?
c. Why does Antonio want to export to Canada?
d. Will Canadian sales hurt USA sales?
Q:
Forward scheduling:
A) begins with a delivery date, then offsets each operation one at a time, in reverse order.
B) has the same meaning as "finite loading."
C) is often used in service environments such as catering a banquet or scheduling surgery.
D) starts the schedule as soon as the job requirements are known.
E) produces a schedule only if it meets the due date.
Q:
Which of the following considers process capacity when scheduling?
A) cap loading
B) constrained loading
C) capacitated loading
D) backward loading
E) finite loading
Q:
The company buying licensing rights
Q:
In Antonio accepts the offer of the Canadian grocery to sell his American-made pasta in Canada, he will be:
a. exporting.
b. importing.
c. offshoring.
d. forming an international strategic alliance..
Q:
Which of the following is not an effectiveness criterion for scheduling?
A) minimizing customer waiting time
B) minimizing completion time
C) minimizing WIP inventory
D) maximizing utilization
E) maximizing flow time
Q:
Selling a standard package of products, systems, and management services to a company in another country
Q:
Short-term schedules are prepared:
A) directly from the aggregate plans.
B) directly from the capacity plans.
C) from inventory records for items that have been used up.
D) from master schedules, which are derived from aggregate plans.
E) from the purchasing plans.
Q:
Renee opened her business with the intention of importing goods from Brazil and selling them in the United States. We could say that this business is
a. an exporter.
b. born-global.
c. ready to launch offshoring.
d. a trade mission.
Q:
Forward scheduling is the scheduling of:
A) the end items or finished products.
B) jobs as soon as the requirements are known.
C) the start items or component parts.
D) the final operation first beginning with the due date.
E) jobs according to their profit contributions.
Q:
The company selling licensing rights
Q:
The correct sequence from longest to smallest duration scheduling is:
A) capacity planning, aggregate planning, master schedule, short-term scheduling.
B) aggregate planning, capacity planning, master schedule, short-term scheduling.
C) master schedule, capacity planning, aggregate planning, short-term scheduling.
D) master schedule, aggregate planning, capacity planning, short-term scheduling.
E) capacity planning, master schedule, aggregate planning, short-term scheduling.
Q:
A company specializing in flavoring compounds opens a plant near the rain forest. This move enables its biologists to derive flavors without destroying the plants and supports company globalization efforts being related to
a. reducing tariffs
b. cutting costs.
c. expanding its market.
d. gaining access to resources.
Q:
What is the objective of scheduling?
A) maximize quality
B) minimize cost
C) minimize response time
D) prioritize and allocate demand to available facilities
E) minimize lead time
Q:
Insights gained from experience that lead to improved work performance
Q:
Process-focused facilities and repetitive facilities generate forward-looking schedules, but process-focused facilities do this with JIT and kanban while repetitive facilities generally use MRP.
Q:
A company with the most experienced production employees and the lowest unit costs in its industry indicates that it had benefited from
a. learning effects.
b. experience curve efficiencies.
c. economies of scope.
d. economies of scale.
Q:
One criterion for developing effective schedules is minimizing completion time.
Q:
With forward scheduling, jobs are scheduled as late as possible within the time allowed by the customer due dates.
Q:
Per-unit savings gained from repeated production of the same product
Q:
What makes short-term scheduling of strategic importance?
Q:
Born-global firms are small companies that begin with cross-border businesses around the globe.
a. True
b. False
Indicate the answer choice that best completes the statement or answers the question.
Q:
Briefly describe how "the unexpected" makes short-term scheduling at Delta Airlines a challenge. Also describe how Delta meets that challenge, and achieves competitive advantage through short-term scheduling.