Experience and trial and error are the simplest ways to choose weights for the weighted
moving average forecasting model.
Group technology includes the set of psychological tests and training exercises given to
group workers to ensure a high level of teamwork.
JIT production means that we produce the product before it is required so the customer
does not wait for the product.
A favorable business climate in facility location decision making might include local
government intervention to facilitate businesses locating in an area via subsidies.
When plotted on a graph, the learning curve can’t be expressed as logarithm.
The fixed-order-quantity inventory model favors less expensive items because average
inventory is lower.
In a services organization, strategic capacity planning follows process planning.
Which of the following is one of the categories of manufacturing inventory?A.
Economic order inventory
B. Work-in-process
C. Quality units
D. JIT inventory
E. Reorder point
Manufacturing inventory is typically classified into raw materials, finished products,
component parts, supplies, and work-in-process.
Which of the following is not a benefit of a manufacturing cell layout?
A. Better human relations
B. Improved operator expertise
C. Less in-process inventory and material handling
D. Faster production setup
E. Reduced cost
If the actual output of a piece of equipment during an hour is 500 units and its best
operating level is at a rate of 400 units per hour, which of the following is the capacity
utilization rate?
A. 0.75
B. 1.00
C. 1.25
D. 1.33
E. 100
Using the ABC classification system for inventory, which of the following is a true
statement?A. The C items are of moderate dollar volume.
B. You should allocate about 50 percent of the dollar volume to B items.
C. The A items are of low dollar volume.
D. The A items are of high dollar volume.
Machine breakdown and repair in a 12-machine factory having one repair mechanic
would develop which type of queuing system line structure concerning machine
breakdowns?
A. Single channel, single phase
B. Single channel, multiphase
C. Multichannel, single phase
D. Multichannel, multiphase
E. None of these
Which of the following is a graphic project report used in project management?
A. Project proposal
B. Approved project plan
C. Humphrey chart
D. Equipment and supplies chart
E. Cost and performance tracking schedule
Which of the following is not a priority rule used to schedule the sequence of jobs in a
production operation?
A. First-come, first-served
B. Shortest operating time
C. Last-in, first-out
D. Critical ratio
E. Slack-time-remaining per operation
According to the theory of constraints, which of the following is a kind of time that
makes up the cycle time in production?
A. Process time
B. Starting time
C. Quitting time
D. Information time
E. Finish time
You want to determine the lower control line for a -chart for quality control purposes.
You take several samples of a size of 50 items in your production process. From the
samples, you determine the fraction defective is 0.006 and the standard deviation is
0.001. If the desired confidence level is 99.7 percent, which of the following is the
resulting LCL value for the line?
A. 0.0
B. 0.002
C. 0.003
D. 0.004
E. None of these
Which of the following forecasting methodologies is considered a causal forecasting
technique?
A. Exponential smoothing
B. Weighted moving average
C. Linear regression
D. Historical analogy
E. Market research
When work is assigned to a work center based on what is needed over time it is called
which of the following?
A. Infinite loading
B. Finite loading
C. Machine-limited
D. Labor-limited
E. Johnson’s rule
How many free trade zones are there in the United States?
A. Less than 50
B. Less than 100
C. About 260
D. More than 412
E. About 310
In most cases, demand for products or services can be broken down into several
components. Which of the following is not considered a component of demand?
A. Average demand for a period
B. A trend
C. Seasonal elements
D. Past data
E. Autocorrelation
To reduce process flow time, you might try which of the following actions?
A. Perform activities in parallel.
B. Change the sequence of activities.
C. Reduce interruptions.
D. Acquire additional equipment.
E. All of these
Which of the following is an American Hospital Association hospital classification?
A. Pediatric
B. Specialty
C. Orthopedic
D. Osteopathic
E. Research
Which of the following is not an infrastructure criteria used in facility location analysis?
A. Adequate school system
B. Adequate health care
C. Adequate transportation
D. Adequate low cost labor
E. Adequate public utility systems
Which of the following are not eligible to be considered for the Baldrige Award?
A. Small businesses
B. Health care organizations
C. Educational institutions
D. State highway patrol organizations
E. Nuclear power plants
The objectives of work center scheduling include which of the following?
A. Minimizing worker alienation
B. Providing variety to workforce
C. Following all the priority rules
D. Avoiding tradeoffs
E. Minimizing setup costs
There are many applications of poka-yokes in service organizations. Which of the
following is one of the three-T’s used to classify poka-yokes?
A. Talent
B. Teamwork
C. Trust
D. Treatment
E. Time
Individuals or organizations that are influenced, either directly or indirectly, by the
actions of the firm are called: _____________________
Contrast the “personal attention approach” to service with the “assembly-line
approach.” In your opinion, which is superior? Why?
A company wants to forecast demand using the simple moving average. If the company
uses three prior yearly sales values (i.e., year 2011 = 185, year 2012 = 215, and year
2013 = 230), what is the simple moving average forecast for year 2014?
__________________________________
Explain the role that “order qualifiers” and “order winners” play as the interface
between marketing and operations.
Having a supply chain that is environmentally responsible is called:
_____________________.
What weight should be given to environmental pollution control regulations that differ
from location to location or from country to country in making facility location
decisions?
Name the five kinds of time that make up production cycle time according to Goldratt’s
theory of constraints.
(1) _________________________________.
(2) _________________________________.
(3) _________________________________.
(4) _________________________________.
(5) _________________________________.
What is the most basic requirement of an EVM system?
_____________________________________________________________
A chance node on a decision tree has four possible outcomes worth $10,000, $20,000,
$30,000, and -$100,000, respectively. The probabilities of these outcomes occurring are
assessed as 10%, 25%, 50%, and 15%, correspondingly. What is the expected value of
this chance node? _________________________