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1. If labour costs increase without an increase in productivity what will result?
a. Unemployment will rise
b. Efficiency will increase
c. Prices will rise
d. Employee loyalty will increase
2. Candace's montlhy material reports always shows very high work in process number. Which of the following is Candace most likely a part of?
a. Process focus
b. Repetitive focus
c. Mass customiation focus
d. Product focus
3. What measures the dispersion of a set of outcomes?
a. Range
b. Mean
c. Natural variation
d. Standard deviation
4. A large department store chain finds that managing its credit card operations is too costly and tranfers this a activity to a well known credit card company. What is this action an example of?
a. Supply-chain economics
b. Productivity management
c. Primary selection
d. Outsourcing
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