In additional to a financial evaluation, assessment of capital investments should include taking which of the following actions?
I. Reviewing available technologies;
II. Analyzing customer needs;
III. Reviewing organizational capabilities;
IV. Assessing competitive response;

The job-cost system

Feasibility of a design is usually tested in which of the following phases of product design?

Which of the following capacity strategies is most likely to be used by a golf equipment manufacturer to maximize product available?

When the technical specifications for a new system are being developed which two of the following requirements must be in place?
1. Well-specified business objectives;
2. Continuous education and training;
3. Total employee involvement programs;
4. Cross-functional team of stakeholders;

Corporate culture is best defined by which two of the following statements:
1. Management influences the way people operate;
2. Values are about what is important;
3. Important assumptions are shared by members;
4. Values impact little about how a company works;

Supplier linkages are especially important when a firm is:
1. Competing on delivery speed;
2. Using synchronous scheduling;
3. Producing a commodity product;
4. Operating in position 1 of the volume/variety matrix;

Resource requirements planning

When a firm decides to switch a plant within a plant concept, which of the following changes are most likely to occur in the P&IM personnel?
1. More P&IM personnel will be added to the firm;
2. Purchasing personnel will reduce their span of control;
3. Shop floor personnel will have a wider span of control;

A product focused plant is likely to have all of the following characteristics EXCEPT

Which of the following pairs of strategic advantages would be most difficult to achieve simultaneously?