Operations Quiz Y12

What does "Adding Value" in a business context primarily involve?

• Reducing the cost of goods below production costs

• Charging a higher price than the cost of production

• Offering products at the same price as competitors

• Decreasing the quality of goods to increase profit margins

Which of the following is NOT typically considered a method of adding value to a product or service?

• Enhancing brand image

• Offering additional features

• Reducing customer service quality

• Expanding the range of models

What is the process called where raw materials are converted into a good or service?

• Distribution

• Production

• Consumption

• Marketing

What is an example of a one-off production in job production strategy?

• Wedding cake

• Automobile assembly

• Mass-produced toys

• Packaged snacks

Why can a high price be charged for products made using job production?

• Due to high demand

• Because of unique customization

• Due to low quality

• Because of mass production

What does expensive staff skill imply in a job production setting?

• Lower production costs

• Lower wages

• Higher wages

• Faster production time

What is a characteristic of batch production regarding the use of equipment?

• Different equipment is used for each batch

• Same equipment is used to make batches of different products

• Equipment is used only once per product

• No equipment is used

How can machinery be described in a batch production setting?

• Machinery is unique for each batch

• Machinery is less efficient

• Machinery can be standardised

• Machinery requires frequent changes

What is a potential downside of batch production related to staff?

• High staff motivation due to varied tasks

• Repetitive work leads to high staff motivation

• Repetitive work means staff motivation is low

• Staff requires specialized training for each batch

What is a characteristic of Flow/Mass Production according to the image?

• Products are made entirely by hand.

• Products are made without division of labor.

• Products are broken into small, simple tasks.

• Products require highly skilled labor.