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1 |  |  The mission of a firm should be designed to support each of the firm's functional strategies. |
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 |  | A) | True |
 |  | B) | False |
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2 |  |  Productivity is the ratio of input to output, with input limited to material and labor. |
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 |  | A) | True |
 |  | B) | False |
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3 |  |  A company can compete with other companies manufacturing a similar product only by selling at a lower price. |
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 |  | A) | True |
 |  | B) | False |
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4 |  |  Management has a great deal of responsibility for improving productivity. |
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 |  | A) | True |
 |  | B) | False |
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5 |  |  Productivity less than 100% generally results in operations that lose money. |
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 |  | A) | True |
 |  | B) | False |
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6 |  |  Many factors impact productivity, one factor not generally stated as having a negative impact on productivity is: |
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 |  | A) | Government regulations |
 |  | B) | Liability claims |
 |  | C) | Increased emphasis on services |
 |  | D) | Emphasis on short-term performance |
 |  | E) | All are reasons. |
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7 |  |  Which is the correct hierarchy of operations management decisions (highest first)? |
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 |  | A) | Operating, tactical, strategic |
 |  | B) | Operating, strategic, tactical |
 |  | C) | Goals, missions, productivity |
 |  | D) | Strategic, operating, tactical |
 |  | E) | Strategic, tactical, operating |
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8 |  |  An operations strategy is developed using many sources of input - which is the least likely to have input? |
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 |  | A) | Quality |
 |  | B) | Planning |
 |  | C) | Suppliers |
 |  | D) | Top Management |
 |  | E) | Production |
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9 |  |  A measure of productivity which reflects a combination of some or all of the resources used to obtain a certain output is: |
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 |  | A) | labor productivity |
 |  | B) | machine productivity |
 |  | C) | multi-factor productivity |
 |  | D) | materials productivity |
 |  | E) | overhead productivity |
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10 |  |  Distinctive competencies in organizations seldom relate to: |
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 |  | A) | price (cost) |
 |  | B) | quality |
 |  | C) | time |
 |  | D) | flexibility |
 |  | E) | facilities layout |
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11 |  |  Productivity is calculated by: |
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 |  | A) | Dividing inputs by outputs |
 |  | B) | Multiplying inputs by outputs |
 |  | C) | Adding inputs to outputs |
 |  | D) | Dividing outputs by inputs |
 |  | E) | Using benchmarking to yield results |