Scheduled receipts are replenishment orders that have been placed but not yet received.
Efficiency means being able to perform most activities.
In a fixed position layout, resources are fixed in various locations and the products
move from one resource location to the next.
Companies that compete on cost generally also allow a lot of product customization.
If all constraints are not fully consumed, the final result is not an optimal solution.
A master production schedule incorporates production lead time.
Net present value is based on computing the quantity of goods a company needs to sell
to just cover its costs.
ERP systems are more commonly found in small companies than in large ones.
Another way to construct the control limits for variables is to use the standard deviation
as an estimate of variability of the process.
Priority rules are more useful in sequencing jobs in high-volume systems than in
low-volume systems.
In the custom footer box, there is a button to automatically insert the page number.
With regard to suppliers, JIT typically requires information sharing.
A possible remedy for the bullwhip effect is to base forecasts on demand coming from
the immediate downstream customer.
The master production schedule is a statement of upcoming demand.
What program at Intel enforces the policy to make chips in the same way at all
facilities?
a) ‘make-same’
b) ‘copy-exactly’
c) ‘duplicate-same’
d) ‘duplicate-exactly’
e) ‘one-size-fits-all’
The fact that human activities typically improve when they are done on a repetitive
basis is described by a(an) _________________ curve.
a) normal distribution
b) learning
c) binomial distribution
d) lognormal distribution
e) S-shaped
A measure of response time is:
a) makespan
b) job flow time
c) due date
d) job lateness
e) job schedule time
_____________________ facilities may not be the best approach in today’s business
environment that has short product and technological life cycles and in which flexibility
is more important than ever before.
a) Large
b) Small
c) Leased
d) Self-operating
e) Agile
Just-in-time philosophy is applicable in:
a) Service organizations
b) Manufacturing organizations
c) Assembly line operations
d) A, B, and C
e) A and C only
Consider the following three functions:
f(x) = 6x2
g(x, y) =4x ‘“ 3y + 19
h(x, y) = 3xy
Which of the following is true regarding the linearity of the functions?
a) none of the functions is linear
b) all three functions are linear
c) g(x, y) is linear, but f(x) and h(x, y) are not linear
d) g(x, y) and h(x, y) are linear, but f(x) is not linear
e) h(x, y) is linear, but f(x) and g(x, y) are not linear
On Tuesday George produced 100 units in 8 hours. On Wednesday he produced 120
units in 10 hours. What was his percent productivity change?
a) 0.50%
b) 4.17%
c) 4.17%
d) 4.00%
e) 4.00%
Second generation ERP systems addressed the first generation deficiency of:
a) inadequate statistics
b) interdepartmental communications
c) integrated modules
d) continuous planning capabilities
e) forecasting capabilities
What type of aggregate plan keeps a stable workforce and uses backorders to
compensate for excess demand needs?
a) uniform
b) level
c) chase
d) hybrid
e) steady
Which of the following scheduling rules is often considered the fairest rule?
a) first come, first served
b) last come, first served
c) earliest due date
d) shortest processing time
e) longest processing time
A customer population is called _______________ when the number of potential new
customers is not affected by the number of customers already in the system.
a) finite
b) infinite
c) dependent
d) independent
e) unbiased
In Excel, the command to print formulas is checked under which menu/submenu?
a) Print
b) Page Setup
c) Tools
d) Edit
e) Insert
If OT = the mean observed time, PRF = the performance rating factor, F = the
frequency of occurrence, and PFD = the percentage allowance based on time worked,
what is the formula to compute the standard time?
a) (OT)(PRF)(F)
b) (OT)(PRF)(F)(1 + PFD)
c) (OT)(PRF)(F) / (1 ‘“ PFD)
d) (OT)(PRF) / (F)
e) (OT)(PRF)(F) / (1 + PFD)
Which of the following is an objective of MRP?
a) Keep priorities updated and valid.
b) Keep track of material movements on the shop floor.
c) Provide information for expediting orders.
d) Allocate scarce parts to products.
e) Provide information for activity based costing.
Building construction is an example of which layout type?
a) inverted
b) hybrid
c) process
d) fixed position
e) product
Which of the following is more like a product layout as compared to a process layout?
a) Resources used are general purpose.
b) Facilities are less capital intensive.
c) Processing rates are faster.
d) Space requirements for inventory storage are higher.
e) Scheduling resources is more challenging.
Management science is focused on:
a) profit margin
b) qualitative systems analysis
c) management promotion metrics
d) quantitative techniques for solving personnel issues
e) quantitative techniques for solving operations problems
Which of the following is an advantage of producing at average demand levels?
a) inventory fluctuates
b) allows for a lower investment in capacity
c) minimizes space needs for inventory
d) minimizes finished good holding costs
e) makes it difficult to calculate average production
Which of the following waiting line systems best describes a grocery store, where each
register has its own line and server?
a) single-server, single-phase
b) single-server, multi-phase
c) multi-server, single-line, single-phase
d) multi-server, multi-line, single-phase
e) multi-server, multi-phase
The following jobs are waiting to be scheduled. Today is day 9. Determine the sequence
of jobs by using SPT as a priority rule.
a) D-A-C-E-B
b) B-E-C-A-D
c) C-D-E-A-B
d) B-A-E-D-C
e) A-D-C-E-B
A grocery store is most like which of the following layout types?
a) inverted
b) circular
c) process
d) fixed position
e) product
If Frank has 200 chickens in stock and he forecasts the following monthly demands.
Using a level production plan how many chickens will Frank need to supply each
month to meet the demand?
January = 300
February =250
March = 180
April = 175
May =200
June = 240
July = 220
a) 175
b) 195
c) 223
d) 232
e) 1565
Qualitative forecasting methods
a) are made objectively by the forecaster
b) are made subjectively by the forecaster
c) are made using existing data sources
d) are based on mathematical models
e) are only used in parallel with quantitative models
Assuming that data exhibit a normal distribution, control limits set at 3 standard
deviations from the mean capture how much common variation?
a) 50.00%
b) 80.00%
c) 95.44%
d) 99.74%
e) 99.99%
Which of the following values for performance rating factor would be for an
above-average work pace?
a) 90%
b) 100%
c) 140%
d) 138%
e) 78%
Two areas of operations management that are particularly affected by the decision to
increase the level of quality and reduce the number of product defects are ____ and ___
___
Frank’s manufacturing firm has determined that the industry standard process velocity
time is 15 seconds. Frank’s OM engineer has determined that their process velocity time
is 17 seconds with a throughput time of 136 seconds. If the throughput time cannot be
changed, what, how much, and by which direction does the value added time need to
change so Frank’s manufacturing can match the industry standard process velocity?
Multiple regression is a(n) ___________ of linear regression.
A mission statement answers what three overriding questions?
In Solver, the __________ is the cell that you want to maximize or minimize.