BUS 561 Quiz 2

subject Type Homework Help
subject Pages 9
subject Words 1451
subject Authors R. Dan Reid

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Which of the following would probably not benefit from the use of critical path
scheduling?
a) constructing a new bridge over the Mississippi River
b) moving the company's credit card center to a new city
c) building a new natural gas pipeline
d) receiving orders for the company's products by phone
e) developing a new computer system for financial planning
The maximum output rate that can be sustained under normal conditions is
_______________________.
a) utilization
b) design capacity
c) effective capacity
d) ultimate capacity
e) temporary capacity
Consider the following partial MPS record. Beginning inventory is 40 units. The firm
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uses a fixed order quantity of 70 units. What is the projected available amount in period
3?
a) 45
b) 15
c) 70
d) 50
e) 155
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Calculate the total cost to meet the demand using a chase production plan with
overtime. Once overtime is approved the workers are on the job 12 hours each day for
the full period.
a) $72,960
b) $73,460
c) $73,660
d) $76,800
e) $77,175
In MPS terminology, what is another name for the current period?
a) the hot seat
b) the live wire
c) the live basket
d) the empty buck
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e) the action bucket
Which of the following is not a lot size rule?
a) lot for lot
b) fixed order quantity
c) overall factors
d) least total costs
e) parts period balancing
What data are added to create an extended MPS record that allows the firm to compute
available-to-promise units?
a) time period (e.g. weeks)
b) forecast
c) customer orders
d) projected available
e) MPS
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Which of the following is not an assumption of the waiting line models presented in the
textbook?
a) the customers are patient
b) customers come from an infinite population
c) customer arrival rate is described by a Poisson distribution
d) service times are described by a Normal distribution
e) the waiting line priority rule is first-come, first-served
Juran stressed that quality improvement should be continuous as well as
a) Unique
b) Novel
c) Retroactive
d) Breakthrough
e) Ongoing
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Which of the following would not be a consideration for selecting a forecasting
software package?
a) How easy is the package to learn?
b) Is it possible to implement new methods?
c) Do you require repetitive forecasting?
d) Does the supplier support a local conference?
e) Is there any local support?
Which of the following most closely describes dependent demand?
a) demand generated by suppliers
b) demand that is seasonal
c) demand estimates using regression analysis
d) demand derived from finished products
e) demand for repair parts
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Typically a manufacturer will have more direct contact with which type of supplier?
a) Tier one supplier
b) Tier two supplier
c) Tier three supplier
d) Tier four supplier
e) Tier five supplier
Intermittent operations are seen in organizations that produce:
a) a small variety of different products
b) high volumes of a few standard products
c) a large variety of different products
d) a large volume of many standardized products
e) assembly line manufacturing
If the costs (S and H) and demands (D) are the same, which of the following is not true
with regard to the EPQ model as compared to the EOQ model?
a) The EPQ model produces a lower total annual cost.
b) The maximum inventory level is lower under the EPQ model than under the EOQ
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model.
c) Both models use the same formula to compute annual ordering cost.
d) The inventory depletion rate is the same for both models.
e) Both models use the same formula to compute annual holding cost.
Last month Stacy sold 10 houses while working 20 days. This month she sold the same
number of houses in 22 days. What is her percent productivity change?
a) 10.00%
b)  9.09%
c) 9.09%
d) 10.00%
e)  4.55%
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'Inside information' is most likely garnered through which of the following forecasting
methods?
a) exponential smoothing
b) seasonal indexes
c) naïve
d) Delphi
e) multiple regression
What does LP stand for?
a) Linear Partition
b) Linear Program
c) Large-Scale Program
d) Linear Parameter
e) Linear Parallelism
What does AON stand for?
a) action-oriented-network
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b) activity-on-network
c) activity-on-node
d) activity-oriented-network
e) activity-overrun-network
Dane's aircraft muffler manufacturers have 1500 linear feet of steel on hand to
manufacture the three top selling muffler sets. Super mufflers (S) provide $285 profit
and common (C) mufflers' profit margin is $310, while the deluxe (D) muffler set
provides a $400 profit margin. It costs Dane $310, $295, and $400 to build each muffler
set, respectively. What is the objective function of Dane's aircraft muffler
manufacturing?
a) Min S, C and D
b) MAX S, C, and D
c) Max 285S + 310C + 400D
d) Min 285S + 310C + 400D
e) Max 310S + 295C + 400D
Flow operations can be ________ or ________ operations.
a) intermittent, continuous
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b) intermittent, repetitive
c) repetitive, single shot
d) repetitive, continuous
e) single shot, continuous
What is the longest task in a process called?
a) obstruction
b) bottleneck
c) blockade
d) hindrance
e) constrainer
A(n) _______________ is a quantity or factor that depends on how the inputs are
related to one another.
a) observation
b) element
c) equation
d) integer constraint
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e) output
What must happen before it is possible to operate successfully with JIT?
a) Inventory space must be eliminated
b) Inventories must be reduced rapidly
c) Problems must be uncovered
d) Problems must be solved
e) Setup times must be increased
For the project in question #7 what is the Z factor probability that the project will be
complete on the 79th day?
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All business functions need ______________from operations management while
operations managers are highly dependent on______ from _____ _______ to perform
their jobs.
Describe the 'kaizen blitz.'
Suppose that an assembly line consists of two stations. Station 1 involves three tasks,
taking 40 seconds, 20 seconds, and 30 seconds, respectively. Station 2 involves one task
that takes 80 seconds. Compute the efficiency and balance delay of the assembly line.
There they go again. There is another Burger King being built right next to a
McDonald's at an Interstate Highway exit. Why does this approach make sense?
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Using the following data, calculate the average job lateness and average job tardiness.
Operations Management is:
What are environmental issues faced by business?
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What is the formula for inventory turnover?

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