FIRE UP PRODUCTION

Question 1

Improving productivity can be achieved in 2 ways

Answer 1

1. By reducing inputs while output remains constant
2. By increasing output while input remain constant

Question 2

machinery, tools, and building humans use
to produce goods

Answer 2

Capital

Question 3

combines the other factors to
produce goods

Answer 3

Entrepreneurship

Question 4

any natural resource used to produce goods
(renewable/nonrenewable)

Answer 4

Land

Question 5

the effort that people contribute to the
production of goods and services

Answer 5

Labor

Question 6

Production Resources

Answer 6

• Financial Resources
• Human Resources
• Informal Resources
• Material Resources

Question 7

Four Phases of Production

Answer 7

• Operation
• Assembly
• Finishing
• Inspection

Question 8

refers to operating expenses like salaries, cost of raw
materials, office supplies, Bills for water, telephone, or electric.

Answer 8

Variable Cost

Question 9

Four Stages of Product Lifecycle

Answer 9

Introductory Stage
Growth Stage
Maturity Stage
Decline Stage

Question 10

. This is the stage when new
products are launched in to the market.

Answer 10

Introductory Stage

Question 11

This is stage is characterized when the market has accepted the product and sales begin to
increase.

Answer 11

Growth Stage

Question 12

Consumer are already tested the
product this is time when sales of the product will
reach their peak.

Answer 12

Maturity Stage

Question 13

This stage comes sooner if nothing
has been done to innovate the product

Answer 13

• Decline Stage

Question 14

Considerations for Production

Answer 14

• Production Strategy
• Raw Materials to be used
• Production Technology
• Process Operation
• Manpower Requirement
• Location
• Plant Layout
• Product Quality

Question 15

refers to the ability of a product, whether tangible or
intangible, to consistently meet and exceed customer
requirements or expectations.

Answer 15

Quality

Question 16

an approach that evaluates the
financial return of investments in quality.

Answer 16

Return of Quality (ROQ)

Question 17

Cost Associated with Quality

Answer 17

Appraisal Cost
Prevention Cost
Failure Cost

Question 18

cost of activities designed to
uncover defects through subsequent evaluation of
the different aspects of production

Answer 18

Appraisal Cost

Question 19

costs of associated with
preventing defects from occurring.

Answer 19

Prevention Cost

Question 20

costs caused by defective parts or products or by faulty services.

Answer 20

Failure Cost

Question 21

Ex. Inspections, Routine equipment testing, etc.

Answer 21

Appraisal Cost

Question 22

Ex. Training Programs, etc.

Answer 22

Prevention Cost

Question 23

Internal Failures, External Failures

Answer 23

Failure Cost

Question 24

Dimensions of Product Quality

Answer 24

1. Aesthetics
2. Conformance
3. Durability
4. Perceive Quality
5. Performance
6. Reliability
7. Service Ability
8. Special Features

Question 25

one that is gauged according to what is the preferred appearance, feel, smell, taste of the customer.

Answer 25

Aesthetics

Question 26

one that is determined as to how well the product conforms to design specification

Answer 26

Conformance

Question 27

one that is determined by length of usefulness of the product

Answer 27

Durability

Question 28

one that is based on how the customer perceive the product to be of quality

Answer 28

Perceive Quality

Question 29

one that is based on what the customers expects the product to be able to do.

Answer 29

Performance

Question 30

one that is based on the consistency of performance.

Answer 30

Reliability

Question 31

one that is based on availability of options in handling of complains or repairs.

Answer 31

Service Ability -

Question 32

– one that is based on the extra characteristics or unique features of the product.

Answer 32

Special Features

Question 33

the process of mainstreaming quality consciousness in the organization, from supplier to customer.

Answer 33

Total Quality Management (TQM)

Question 34

Effective TQM includes:

Answer 34

Employee Empowerment Continuous Improvement. Bench Marking. Just-in-time Knowledge of EQM

Question 35

Global Standards

Answer 35

ISO HACCP Halal

Question 36

the international organization for standardization is considered the largest developer of standard in the world. 155 countries.

Answer 36

ISO

Question 37

internationally accepted technique for preventing microbiological, chemical, and physical contamination of food particularly during the processing of food products.

Answer 37

HACCP - Hazard Analysis Critical Control Point

Question 38

This refers to food that is permissible for consumption under Islamic Law

Answer 38

Halal

Question 39

e planned and systematic activities implemented in systems to fulfill the quality requirements for a product or service

Answer 39

Quality Assurance (QA

Question 40

are cost that continue even if no units are produced.

Answer 40

Fixed Expenses

Question 41

those that vary with the volume of units produced.

Answer 41

Variable Expenses (cost of goods/cost of sales

Question 42

this includes the wages of workers whose outputs are closely related to or associated with the making of the product

Answer 42

Direct labor

Question 43

these refer to cost of inputs or raw materials that become part of the product.

Answer 43

Direct materials

Question 44

comprises all other costs incurred in production but do not become part of product.

Answer 44

Overhead Costs