Genetic algorithms are based on the natural selection properties of genetics.
An operating characteristics (OC) curve is a graph that measures the probability of
accepting a lot with no defective items.
Carry costs and ordering costs are inversely related.
A chase strategy involves hiring and firing workers so that production trails demand.
Breakthrough improvement is often implemented when opportunities for continuous
improvement have been exhausted.
An important advantage of a process layout over a product layout is efficiency.
Load leveling is used to resolve underloaded and overloaded capacity conditions.
Companies address uncertainty in their supply chains by holding extra inventory.
Suppliers and customers rarely participate in the design of a supply chain.
Final end-use customers are upstream members of a supply chain.
Unlike PERT, CPM incorporates probabilistic time estimates into the project
management process.
The training and education of all employees on quality improvement is a basic principle
of total quality management.
A supply chain encompasses only the activities associated with the flow of goods.
The time to complete a task in a mixed-model assembly line can vary from model to
model.
Fixed-position layouts are used for projects when the product cannot be easily moved.
A seasonal pattern is an oscillating movement in demand that occurs periodically over
the short-run and is repetitive.
Which of the following is not a recommendation by the EPA concerning integrating
lean and environmental initiatives?
a. Use lean process tools to identify areas of environmental waste.
b. Incorporate environmental, safety, and health data into value mapping.
c. Add environmental waste to the seven wastes of lean.
d. Use lean concepts to eliminate all environment waste.
Forecasts of product demand determine how much
a. inventory is needed.
b. product to make.
c. material to purchase from suppliers.
d. All of these answer choices are correct.
__________________ is an incentive plan that joins employees in common to achieve
company objectives in which they share in the gains.
a. Profit sharing
b. Gainsharing
c. Performance pay
d. None of these answer choices is correct.
Which of the following quality tools displays the frequency of data related to a quality
problem?
a. Fishbone diagram
b. Histogram
c. Scatter diagram
d. Process flow chart
Factors driving globalization of the supply chain include all of the following except
a. international trade agreements.
b. advances in information technology.
c. lower cost transportation.
d. government intervention.
TicToc produces product A and product B. These products have the following resource
requirements.
The firm has a weekly production budget of $3000 and a maximum of 1000 hours of
labor per week. Each A produced generates $35.00 in profit for the company. Each B
produced generates $25.00 in profit for the company. If the company produces 100
units of A and 200 units of B the value of the objective function is equal to
a. $2,800.
b. $8,500.
c. $9,500.
d. $11,800.
The major factors impacting globalization of the supply chain include all the following
except
a. falling trade barriers.
b. the Internet.
c. declining union membership.
d. All these answer choices are correct.
A control chart that reflects the amount of variation, or spread, present within each
sample is known as a(n)
a. p-chart
b. c-chart
c. R-chart
d. -chart
Determining how tasks fit together to form a job is referred to as
a. worker analysis.
b. task analysis.
c. environmental analysis.
d. ergonomics.
Which of the following techniques is the most widely used decision-making criterion
under risk?
a. maximax criterion
b. minimax regret criterion
c. expected value criterion
d. Hurwicz criterion
A learning curve reflects the fact that
a) each time the number of units produced doubles, the processing time per unit
decreases by a constant percentage.
b) each time the number of units produced doubles, the processing time per unit
increases by a constant percentage.
c) each time the number of units produced doubles, the processing time per unit
increases by 10%.
d) each time the number of units produced doubles, the processing time per unit
remains the same.
All of the following are principles of green product design except
a) use new materials.
b) use less materials.
c) involve the entire supply chain.
d) change the paradigm of design.
The mode of transportation that utilizes the most containers is
a. water.
b. intermodal.
c. trucking.
d. rail.
A process is generally considered to be in control when
a. there are no sample points outside the control limits
b. most points are near the center line, without many being close to the control limits
c. sample points are randomly distributed equally above and below the center line
d. All of these answer choices are correct.
Which of the following is not a strategy for managing demand?
a. Shifting demand into other time periods.
b. Create demand for idle resources.
c. Redirecting demand to a competitor.
d. Partnering with suppliers to minimize information distortion.