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Arizona State University - MGT 302 Chapter 17 Global Production and Supply Chain Management True / False Questions 1)Lowering the costs is one of the objectives of the production and logistics function of an international firm
Arizona State University - MGT 302
Chapter 17 Global Production and Supply Chain Management
True / False Questions
1)Lowering the costs is one of the objectives of the production and logistics function of an international firm.
True False
- Deming, the proponent of total quality management, suggested that management shouldn't attempt to train employees in new skills.
True False
- A production process would create just 1 defect per six thousand products at Six Sigma.
True False
- Other things being equal, a firm should locate its various manufacturing activities where the relative factor costs are conducive to the performance of those activities.
True False
- The argument for centralizing production will be greater if the minimum efficient scale of a plant relative to total global demand is low.
True False
- Mass customization facilitates product customization at low costs.
True False
- Flexible manufacturing technologies enable companies to customize products to the demands of small consumer groups.
True False
- Products such as electronic components and pharmaceuticals have low value-to-weight ratios.
True False
- Organizations are under pressure to produce products in the optimal location and to serve the world market from there if their products have low value-to-weight ratios.
True False
- Modern consumer products such as personal computers serve universal needs.
True False
- Concentration of production is not favored when important exchange rates are expected to remain relatively stable.
True False
- Decentralization of production is appropriate when the product does not serve universal needs.
True False
- Poor product quality and low productivity are hidden costs associated with basing production in a foreign location.
True False
- Global learning refers to the idea that valuable knowledge does not reside just in a firm's domestic operations.
True False
- Make-or-buy decisions are decisions that concern the components to be used in a production process.
True False
- Firms would prefer buying component parts, or an entire product, from independent suppliers to protect proprietary product technologies.
True False
- Firms can increase flexibility by producing all parts of a product in-house.
True False
- The firm that sources from independent suppliers has fewer subunits to control.
True False
- Outsourcing some manufacturing to independent suppliers based in other countries would help firms capture more orders from that country.
True False
- Buying a product from external vendors is highly appropriate when a firm intends to protect proprietary technology.
True False
- Just-in-time systems are used to economize on inventory holding costs by having materials arrive at a manufacturing plant just in time to enter the production process and not before.
True False
- Just-in-time systems reduce product quality although it brings about huge cost savings.
True False
- One way to reduce risks associated with a JIT global supply chain is to source inputs from several suppliers located in different countries.
True False
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