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Globalization of the location decision is the result of all of the following except
A) market economics
B) higher quality of labor overseas
C) ease of capital flow between countries
D) high differences in labor costs
E) more rapid, reliable travel and shipping
A successful TQM program incorporates all of the following except
A) continuous improvement
B) employee involvement
C) benchmarking
D) centralized decision-making authority
E) None of the above; a successful TQM program incorporates all of the above.
Process A has fixed costs of $1000 and variable costs of $5 per unit. Process B has
fixed costs of $500 and variable costs of $15 per unit. The crossover point between
process A and process B is
A) 50 units
B) 200 units
C) $2,500
D) $5,000
E) $9,500
Which is not a characteristic of exponential smoothing?
A) smoothes random variations in the data
B) easily altered weighting scheme
C) weights each historical value equally
D) has minimal data storage requirements
E) None of the above; they are all characteristics of exponential smoothing.
The assignment method is
A) a method to highlight overloads in a given work center
B) a computerized method of determining appropriate tasks for an operation
C) a form of linear programming for optimally assigning tasks or jobs to resources
D) the same thing as the Gantt schedule chart
E) a method for achieving a balance between forward and backward scheduling
A single-phase waiting-line system meets the assumptions of constant service time or
M/D/1. Units arrive at this system every 12 minutes on average. Service takes a
constant 8 minutes. The average length of the queue Lq is approximately
A) 0.67
B) 2.5
C) 4.5
D) 5.0
E) 7.5
The first unit of production took 10 hours with an 80% learning curve. How long will it
take to complete both the first and second units?
A) 10 hours
B) 8 hours
C) 18 hours
D) none of the above
E) There is not enough information to solve the problem.
Which of the following is true regarding fabrication lines?
A) They are the same thing as assembly lines.
B) They are the same thing as focused factories.
C) They are a special type of process-oriented layout.
D) Balancing their assembly line is more technological than worker oriented.
E) None of the above is true.
Among the advantages of predetermined time standards are all of the following except
A) unions accept them as fair
B) they are available before a task is actually performed
C) they can only be determined after work actually takes place
D) they can be established in a laboratory setting
E) no performance ratings are necessary
Which of the following statements regarding project management is false?
A) Gantt charts give a timeline for each of a project's activities, but they do not
adequately illustrate the interrelationships between the activities and the resources.
B) A project organization works best for a project that is temporary but critical to the
organization.
C) A project organization works well when the work contains simple, independent
tasks.
D) Gantt charts and PERT/CPM are never used together.
E) All of the above are false.
Construct an indented bill of material for a common 3-ring view binder (the kind that
lets you slip your own cover sheet into the front panel and spine). Assume the rings to
be 1 inch diameter. Don't worry about other dimensions?pay attention to accounting for
all of the parts.
When a tangible product is not included in a service, such as with counseling, it is
called a __________.
Would you simulate a problem for which there is an exact mathematical model already?
Using the arithmetic concept determine how long it will take to make the 64th unit of a
product if it took 1 hour to complete the first product with a 50% learning rate.
__________ forecasts address the business cycle by predicting inflation rates, money
supplies, housing starts, and other planning indicators.
Why is it that many cases of infant mortality of products are not due to product failure?
Identify some scheduling optimization systems that are used at retail stores. Describe
what these systems do.
Offshoring is the practice of moving a business process to a foreign country
__________ control of it.
A skeptical manager asks what long-range forecasts can be used for. Give her three
possible uses/purposes.
Consider the transportation problem in the data set and optimal solution below.
Calculate improvement indices on each empty cell. Is this solution optimal?
