A.Quantity determination
B.Package sizing
C.Lot sizing
D.Grouping
E.Aggregation
22) Which of the following leads to simulation being a useful tool with uncertain
activity times?
A.paths that are not independent
B.activity times that are not deterministic
C.activity times that cannot be crashed
D.noncritical paths that have no variability
E.critical paths with activities with deterministic time estimates
23) Which of the following is not a reason for poor performance of our organization in
the marketplace?
A.placing too much emphasis on product/service design and too little on process design
B.failing to take into account customer wants and needs
C.putting too much emphasis on short-term financial performance
D.taking advantage of strengths/opportunities, and recognizing competitive threats
E.failing to monitor the external environment
24) A bank is designing a new branch office and needs to determine how much
driveway space to allow for cars waiting for drive-up teller service. The drive-up
service will have three tellers and a single waiting line. At another branch of the bank in
a similar setting, the average service time for drive-up tellers is four minutes per
customer, and average arrival rate is 36 customers per hour. It is expected that the new
bank will have similar characteristics.
How many spaces should be provided to have a 96 percent probability of