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Exam (elaborations)

MGMT 336 EXAM 2 || with 100% Error-free Answers.

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  • Course
  • MGMT 336
  • Institution
  • MGMT 336

Extra Production Capacity as a competitive advantage: correct answers Take business immediately. Capacity Cushion correct answers The amount of reserve capacity a process uses to handle sudden increases in demand or temporary losses of production capacity. If Jacob from Trinity Manufacturing ...

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  • August 25, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MGMT 336
  • MGMT 336
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MGMT 336 EXAM 2 || with 100% Error-free Answers.
Extra Production Capacity as a competitive advantage: correct answers Take business
immediately.

Capacity Cushion correct answers The amount of reserve capacity a process uses to handle
sudden increases in demand or temporary losses of production capacity.

If Jacob from Trinity Manufacturing is managing a project for a simple organization with no
bureaucracy: correct answers He will most likely finish his project on time and under budget.

Functional correct answers The project is housed in a specific department or functional area,
presumably the one with the most interest in the project.

Pure Project correct answers Team members work exclusively for the project manager on a
particular project.

Matrix correct answers A compromise between the functional and pure project structures.

If Mark is working on a project that involves other departments, including his own, he will most
likely have 2 bosses and the project management structure will be a: correct answers Matrix type.

Critical Path correct answers The sequence of activities between a project's start and finish that
takes the longest time to complete.

Prevention Costs correct answers Costs associated with preventing defects before they happen.
Ex: Prevention, design, equipment, training.

Appraisal Costs correct answers Costs incurred when the firm assesses the performance level of
its processes.
Ex: Inspection, testing, quality person control.

Internal Failure Costs correct answers Costs that arise when a defect is discovered during the
production of a service or product.
Ex: Rework, scrap, machine repair.

External Failure Costs correct answers Costs that arise when a defect is discovered after the
customer receives the service or product.
Ex: Warranty costs.

Ethical Failure Costs correct answers Costs that arise with deceptively passing defective items
such that it jeopardizes stockholders, customers, employees, partners, and creditors.
Ex: BP - Oil Spills, VW - Emissions.

Which of the following would be considered a prevention cost of quality? correct answers
Training workers to perform their jobs.

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