MRP is most valuable where a number of products are made in batches using the same
productive equipment.
Answer:
Facility location analysis considers the competitive imperative of lowest total cost.
Answer:
Because a level production strategy does not require adjustment in the short-to-medium
term, aggregate sales and operations planning is not required.
Answer:
Upper level management must decide between pure, functional, and matrix structures as
ways to organize projects.
Answer:
Logistics is a term indicating transportation choices for goods produced internationally
but consumed domestically.
Answer:
Sustainability means meeting a firm’s current needs without excessively compromising
the ability of future generations to meet their own needs.
Answer:
The “p chart” is only useful for sampling that deals with continuous variables.
Answer:
A good forecaster is one who develops special skills and experience at one forecasting
technique and is capable of applying it to widely diverse situations.
Answer:
One of the advantages of a functional project organizational structure is that a team
member can work on several projects.
Answer:
Planning is where a firm must determine how anticipated demand will be met with
available resources.
Answer:
Which of the following is the cost of quality classification for costs such as scrap,
rework, or repair?
A. Appraisal costs
B. Prevention costs
C. External failure costs
D. Internal failure costs
E. Rework and wastage
Answer:
Time series forecasting models make predictions about the future based on analysis of
past data.
Answer:
In acceptance sampling, the value for the acceptance number (c) is determined by the
interaction of the acceptable quality level (AQL), the lot tolerance percent defective
(LTPD), the probability of rejecting a high quality lot (alpha) and the probability of
accepting a low quality lot (beta).
Answer:
The way to build in greater flexibility in your workers is to do which of the following?
A. Pay higher wages to motivate a willingness to do a variety to tasks
B. Provide a broader range of training
C. Provide a wide variety of technology to augment workers skills
D. Institute a “pay for skills” program
E. Use part-time employees with specialized skills as needed
Answer:
A fishbone diagram as part of a six-sigma quality improvement process might be found
in which DMAIC category?
A. Define
B. Measure
C. Analyze
D. Improve
E. Control
Answer:
Assuming no safety stock, what is the re-order point (R) given an average daily demand
of 50 units, a lead time of 10 days and 625 units on hand?
A. 550
B. 500
C. 715
D. 450
E. 475
Answer:
The ability to rapidly and inexpensively switch production from one product to another
enables what are sometimes referred to as:
A. Economies of scale
B. Economies of size
C. Economies of shape
D. Economies of scope
E. Economies of shipping
Answer:
Which of the following is the set of all cost components that make up the fixed-order
quantity total annual cost (TC) function?
A. Annual purchasing cost, annual ordering cost, fixed cost
B. Annual holding cost, annual ordering cost, unit cost
C. Annual holding cost, annual ordering cost, annual purchasing cost
D. Annual lead time cost, annual holding cost, annual purchasing cost
E. Annual unit cost, annual set up cost, annual purchasing cost
Answer:
Which of the following are fixed-order quantity inventory models?
A. Economic order quantity model
B. The ABC model
C. Periodic replenishment model
D. Cycle counting model
E. P model
Answer:
Which of the following is an alternative possible service encounter included in the
service-system design matrix?
A. Face-to-face distance
B. Internet
C. Questionnaire response
D. Automated teller (ATM)
E. Response card encounter
Answer:
In the textbook Toyota’s Fujio Cho identified which of the following types of waste to
be eliminated?
A. Excess quality
B. Overproduction
C. Underproduction
D. Environmental
E. Over-thinking
Answer:
One reason for studying operations and supply chain management (OSCM) is which of
the following?
A. OSCM is essential for understanding organizational behavior
B. Most business graduates do OSCM work regardless of their job title
C. All managers should understand the basic principles that guide the design of
transformation processes.
D. OSCM is a required course in all business degree programs
E. OSCM is the most rigorous business discipline
Answer:
Using the assembly-line balancing procedure, which of the following is the theoretical
minimum number of workstations if the task times for the six tasks that make up the job
are 4, 6, 7, 2, 6, and 5 minutes, and the cycle time is 10 minutes?
A. 3
B. 5
C. 6
D. 8
E. None of the above
Answer:
A company has actual unit demand for four consecutive years of 100, 105, 135, and
150. The respective forecasts were 120 for all four years. Which of the following is the
resulting MAD value that can be computed from this data?
A. 2.5
B. 10
C. 20
D. 22.5
E. 30
Answer:
Firms keep supplies of inventory for which of the following reasons?
A. To maintain dependence of operations
B. To provide a feeling of security for the workforce
C. To meet variation in product demand
D. To hedge against wage increases
E. In case the supplier changes the design
Answer:
In setting up a kanban control system and you need to determine the number of kanban
card sets needed. If the expected demand during lead time is 50 per hour, the safety
stock is 20% of the demand during lead time, the container size is 4. If the lead time to
replenish an order is 2 hours, what number of kanban card sets is needed?
___________________
Answer:
Doing something at the lowest possible cost is called: ________________.
Answer:
If annual demand is 8,000 units, the ordering cost is $20 per order and the holding cost
is $12.50 per unit per year, what is the optimal order quantity using the fixed-order
quantity inventory model? _____________________________________
Answer:
What is a criterion or product characteristic that differentiates a product from the
products of competitors in a way meaningful to the market called?
____________________
Answer:
What are the five steps of CPFR (collaborative planning, forecasting and
replenishment?)
1> ______________________________
2> ______________________________
3> ______________________________
4> ______________________________
5> ______________________________
Answer:
Using the cut-and-try method for aggregate operations planning we can determine the
production requirement in units of product. If the beginning inventory is 400 units, the
demand forecast is 900 units, and the required safety stock is 10% of the demand
forecast, what is the production requirement? _________________________________
Answer:
ISO 9000 is primarily concerned with what?
_________________________________________________
Answer:
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?
Answer: