A design process that attempts to meet all the needs of the stakeholders and should result in a product that can be quickly brought to the marketplace is

Which of the following are obstacles to realizing benefits from computer integrated manufacturing?
I. CIM is not a part of the strategic plan.
II. Cost patterns change with CIM.
III. Traditional performance measures are no longer valid.

Which of the following best describes the problem with an over reliance on ROI as a measure?

Direct costing (variable costing) is best for which of the following situations?

In any transformation process (TQM, Reengineering, Lean manufacturing, ERP, etc), a key part of the process must be:

In their article, "Value Innovation: The Strategic Logic of High Growth", Kim and Mauborgne argue that the logic of value innovation differs from conventional strategic logic along the five dimensions of strategy. Which of the following is one of the differences?

Which of the following statements are true regarding ERP systems?
I. It cannot reduce setup time.
II. It provides information regarding various problems so management can solve them.
III. It can solve quality problems by providing scrap/yield information.

Often times, organizations try to improve their operations by concentrating their efforts on labor productivity. Which of the following are reasons their efforts may be misdirected?
I. Labor costs are generally the smallest component of product cost.
II. Efficiency of factory workers doesn＇t necessarily relate to benefits for the company.
III. Worker idle time could be used for learning, cleaning, maintenance, etc.

In the early stages of developing the employee involvement process, a consultant should be used for which of the following reasons?
I. To provide guidance on getting started
II. To provide education/training to management personnel
III. To help in avoiding pitfalls

Manufacturing planning and control systems for repetitive manufacturers should include which of the following features?
I. Schedule generation
II. Backflushing
III. Point of use stocking

There are three constituencies that are underrepresented but need to be included in the strategy setting process. Which of the following is one of the constituencies?