McDonald's uses detailed standard operating procedures throughout the world to ensure product quality. This implies that McDonald's has a high degree of _____.
A. formalization
B. specialization
C. decentralization
D. hierarchy
Answer: A. formalization
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Which of the following statements is TRUE of the budgeting process?
A) If a company carefully plans for its future, there will be no need to make modifications during the budget period. B) It is a continuous process that encourages communication. C) It shows the actual performance of the business. D) Managers and employees are motivated to accept the budget's goals because they enjoy having their work monitored and evaluated.
If a customer tells a sales representative from Johnson Supply, "I've always purchased my supplies from the Ralston Company," this person is most likely raising an objection to:
A) product B) time C) need D) source E) price
Synchronous production is superior to the just-in-time production system because it is a balanced system in which the capacities of all operations are equal.
Answer the following statement true (T) or false (F)
A work cell is required to make 80 computerized diagnostic assemblies (for installation into hybrid automobiles) each day. The cell currently works an eight hour shift, of which seven hours are available for productive work
These assemblies require five operations, with times of 1.0, 1.8, 2.4, 2.5, and 1.4 minutes each. (a) What is takt time for this cell? (b) How many workers will be needed?