Question 3 Which of the following is classified as value added activities in a hospitality services (5- star hotel) firm? A)Coordination meetings among the user departments to ensure that guest requests are quickly responded B)Stocking large quantities of linens and towels so that the guests are not disappointed on the availability of these C)Introducing a new two-step verification procedure of the menu to be delivered as room service to ensure it is as per order D)None of the above Question 4 Which of the following best describes the core benefit arising out of a lean implementation? A)The employees will be more aware of the problems in their work area B)The work place will become more cleaner and orderly C)The organization will be able to increase the output with the available resources D)The waste churning out of the process will increase Question 5 Which of the following statements is true with respect to the performance metrics useful for productivity improvement? A)Cost of quality can be a useful measure for improvements conducted in one department of a company B)When the number of the indirect labor increases in relation to the direct labor, the productivity increases C)When the lead time to work content in a process is nearly equal, the process is likely to have very little waste D)When the First Pass Yield is more, we have greater opportunity to detect defects in the process when it is executed
Question 3 Which of the following is classified as value added activities in a hospitality services (5- star hotel) firm? A)Coordination meetings among the user departments to ensure that guest requests are quickly responded B)Stocking large quantities of linens and towels so that the guests are not disappointed on the availability of these C)Introducing a new two-step verification procedure of the menu to be delivered as room service to ensure it is as per order D)None of the above Question 4 Which of the following best describes the core benefit arising out of a lean implementation? A)The employees will be more aware of the problems in their work area B)The work place will become more cleaner and orderly C)The organization will be able to increase the output with the available resources D)The waste churning out of the process will increase Question 5 Which of the following statements is true with respect to the performance metrics useful for productivity improvement? A)Cost of quality can be a useful measure for improvements conducted in one department of a company B)When the number of the indirect labor increases in relation to the direct labor, the productivity increases C)When the lead time to work content in a process is nearly equal, the process is likely to have very little waste D)When the First Pass Yield is more, we have greater opportunity to detect defects in the process when it is executed
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
Question
Question 3
Which of the following is classified as value added activities in a hospitality services (5- star hotel) firm?
A)Coordination meetings among the user departments to ensure that guest requests are quickly responded
B)Stocking large quantities of linens and towels so that the guests are not disappointed on the availability of these
C)Introducing a new two-step verification procedure of the menu to be delivered as room service to ensure it is as per order
D)None of the above
Question 4
Which of the following best describes the core benefit arising out of a lean implementation?
A)The employees will be more aware of the problems in their work area
B)The work place will become more cleaner and orderly
C)The organization will be able to increase the output with the available resources
D)The waste churning out of the process will increase
Question 5
Which of the following statements is true with respect to the performance metrics useful for productivity improvement?
A)Cost of quality can be a useful measure for improvements conducted in one department of a company
B)When the number of the indirect labor increases in relation to the direct labor, the productivity increases
C)When the lead time to work content in a process is nearly equal, the process is likely to have very little waste
D)When the First Pass Yield is more, we have greater opportunity to detect defects in the process when it is executed
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