5. The ratio of the total combined value of an operation\'s outputs to the total

Question

5. The ratio of the total combined value of an operation's outputs to the total combined value of its inputs is best known as: a) a labor productivity measure b) sustainability c) a break-even point d) a total productivity measure 6. Which of the following statements is (are) true? 1· "Green, assures very high productivity. II. To be lean' is to operate without waste. III. An example of a strategic operations management decision is choice of location. a) I only b) I and III c) II and III d) II only. 7. Which of the following statements is (are) true? I. An example of a tactical operations management decision is whether to build a new facility or to expand an existing one. II. An organization that is twice as productive as its competitor will be twice as profitable. III. Ethics are principles governing conduct, delineating 'good' from 'bad' a) I only b) I and II c) II and III d) III only. 8. A highly customized product usually produced through a make-to-stock processing strategy? a) True b) False 9. Ten Customs and Immigration officers worked 8 hours each to check visas and stamp the passports of 1,200 arriving visitors at an airport terminal. The labor productivity of this group of ten officers is: a) 15 visitors per officer labor-hour b) 150 visitors per officer labor-hour c) 120 visitors per officer labor-hour

Explanation / Answer

Answer 5: Option D: A total productivity measure

The ratio of the total combined value of an operation’s outputs to the total combined value of its inputs is best known as a total productivity measure.

Answer 6: Option C: II and III

II.         To be ‘lean’ is to operate without waste.

III.       An example of a strategic operations management decision is choice of location.

Answer 7: Option D: III only

III. Ethics are principles governing conduct, delineating ‘good’ from ‘bad’

Answer 8: True

Make to stock processing strategy is used to produce a highly customized product

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