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WorksheetsCan You Make It Review
Total questions: 20
Worksheet time: 10mins
What is production?
The selection of inputs for making outputs
The creation of goods and services from economic resources
The conversion process that results in time utility
The process of assembling the factors of production
Which of the following is an example of production:
Reading a new novel
Purchasing food items
Providing home security
Answering your cell phone
The specific resources used in a company’s production are called
Inputs
Consumer Good
outputs
conversion processes
In production, the purpose of the conversion process is to
control the costs of production.
find markets for the firm’s products.
turn inputs into products.
turn outdated products into new ones.
What kind of conversion process is being used in an automated assembly line that produces soft drinks?
Batch
Labor-intensive
Unit
Capital-intensive
Which of the following outputs is considered an industrial good:
A freezer purchased by a restaurant owner
A gallon of milk purchased by a family
A textbook purchased by a college student
A sewing machine purchased for home use
One of the benefits of production to consumers is that production
makes use of automation.
provides a way to earn profits.
creates form utility.
provides a way to be competitive.
Why is production important to businesses?
It enables businesses to charge high prices.
It eliminates competition.
It creates goods and services businesses can sell.
It informs businesses about consumers’ needs and wants.
Efficient production enables businesses to
charge higher prices than competitors.
obtain advance orders for goods and services.
make an accurate forecast of sales.
turn out the most products at the least cost.
Which of the following is a true statement about production activities:
Most are considered difficult tasks.
They vary depending on the product being created.
They are not necessary for the success of the business.
They rely solely on capital resources.
Planning the quantities to produce is an important part of production planning because it helps
prevent losses to the business.
sequence the steps in production
increase consumer demand for the product.
locate the resources needed for the product.
The production activity used to obtain all the resources needed for production to take place is
routing.
scheduling.
purchasing.
dispatching.
An intermittent production process is a method of production in which
the process stops and then restarts.
robots carry out the repetitive tasks.
the process turns out products without stopping.
production equipment is controlled by computers.
What type of production would most likely be used to produce prescription glasses?
Unit
Batch
Mass
Robotic
Which of the following is a characteristic of mass production:
It is considered inefficient.
It often uses assembly lines.
It produces one-of-a-kind items.
It is primarily used for small quantities.
Why is routing an important production activity?
Routing establishes company standards
Routing issues orders for production to start.
Routing establishes a timetable for production.
Routing establishes the production path of inputs.
Employees who are involved in production scheduling are responsible for
obtaining the resources needed in production.
issuing orders for production activities to begin.
establishing the path inputs take through production.
estimating how long each step in production will take.
Which production activity issues work orders telling employees what their job assignments are?
Routing
Dispatching
Scheduling
Follow-up
Which of the following is a follow-up activity in production:
Projecting sales for the company’s products
Making sure that production deadlines were met
Estimating how long the production process will take
Making sure that production steps follow proper sequence
Why do many businesses follow up after production to ensure that products meet standards set by outside organizations?
To estimate future sales
To determine raises for production workers
To create dispatches
To remain competitive
