QSO 136

subject Type Homework Help
subject Pages 13
subject Words 1602
subject Authors R. Dan Reid

Unlock document.

This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
page-pf1
Companies use a single lot-sizing technique to standardize processes.
With Excel Solver, the range for the Changing Cells box must be entered with absolute
references ($ signs).
At Wal-Mart, to maximize customer comfort and enjoyment, layouts are designed with
a limited number of aisles, each of which is very wide, rather than with multiple but
narrow aisles.
JIT concepts that are applicable to service organizations include use of multifunction
workers.
page-pf2
The two elements that define a waiting line system are (1) the population source of its
customers and (2) the process or service system itself.
Supply chain globalization is not impacted by security requirements.
The master production schedule is a statement of upcoming demand.
page-pf3
CPM was originally developed to conceive and plan maintenance projects in chemical
plants.
One common definition of quality is conformance to specifications, which focuses on
measuring how well the product or service meets targets and tolerances determined by
its designers.
In choosing a location, the transportation method provides an easy way to calculate X
and Y coordinates for a good starting point.
Inventory record accuracy is especially critical for master production schedule users.
page-pf4
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,
the formula to compute the standard time is (OT)(PRF)(F).
Finance cannot judge the need for capital investments if they understand operations
concepts and needs.
The cycle time of a production line is based on the workstation with the highest
potential output rate.
Increasing the level of responsibility of a job by adding planning and coordination tasks
is called job enrichment.
page-pf5
Strict inequalities (<, >) are not used in optimization problems.
An approach for getting projects done faster and more consistently at or before the
project due date is the critical chain approach.
Only Roses Flower Shop currently operates 7 days per week. The staffing needs for
each day are shown in the following table. Each of the employees must have two
consecutive days off in a week. (Since Monday is used as the first day of the pay week,
an employee cannot be off on both Sunday and Monday.) What is the minimum number
of employees that needs to be hired?
a) 5
b) 6
page-pf6
c) 7
d) 8
e) 9
What term describes the process of obtaining goods or services from an outside
provider?
a) outproviding
b) transferization
c) outsourcing
d) subsourcing
e) supersourcing
Which of the following is not a guideline for design for manufacture?
a) use modular design
b) design parts for different products
c) minimize parts
page-pf7
d) rely on automated equipment
e) simplify operations
In Excel, ___________________ references are indicated by the lack of a dollar sign
character preceding either the column or the row reference.
a) absolute
b) comparative
c) analogous
d) relative
e) correlative
A company's ____________ plan is a statement of the resources available to the
operations group during the next 6 to 18 months.
a) project
b) master
c) strategic
d) aggregate
e) tactical
page-pf8
The steps in the product design process include
a) Idea Development, Product Screening, Break-even analysis, Build
b) Idea Development, Benchmarking, Preliminary Design, Final Design
c) Seek Competitors Design Specs, Product Screening, Manufacture, Sell
d) Seek Customer Input, Product Screening, Testing, Final Design
e) Idea Development, Product Screening, Preliminary Design & Testing, Final Design
Waiting line models typically assume that service times are represented by what
distribution?
a) Poisson
b) normal
c) Weibull
d) exponential
e) hypergeometric
page-pf9
A computer company has annual demand of 20,000. They want to determine EOQ for
circuit boards which have an annual holding cost (H) of $10/unit, and an ordering cost
(S) of $75. The purchasing lead time is 5 days. What is the TC and reorder point ( R) ?
a) 300 units, $3,000
b) 400 units, $5,477
c) 200 units, $2,000
d) 350 units, $5, 277
e) 400 units, $5,350
Consider a project having the following seven activities:
page-pfa
(a) What is the expected time for each activity?
(b) What is the expected project completion time?
(c) What is the critical path?
(d) What is the variance for each activity?
(e) What are the expected time and variance of each path?
(f) What is the probability that the project will be completed in less than 24 weeks?
Owens Corning reported savings of ______________ by using ERP.
a) $6 million
b) $16 million
c) $65 million
d) $600 million
e) $660 million
page-pfb
Given the following data, use exponential smoothing (α = .2) to develop a demand
forecast for period 3. Assume the forecast for the initial period is 5. What is the
forecast?
a) 9.00
b) 3.72
c) 9.48
d) 5.00
e) 6.12
A hospital is an example of which layout type?
a) inverted
b) hybrid
c) process
d) fixed position
page-pfc
e) product
What is the electronic marketplace for the auto industry?
a) Carnet
b) Autoexchange
c) Covisint
d) Citroen
e) Motorint
SPC is
a) a direct substitute for continuous improvement
b) a replacement of the teamwork concept
c) a substitute for middle management
d) a fully subjective process
e) is not a substitute for continuous improvement
page-pfd
Who is famous for his '14 Points?'
a) Walter Shewhart
b) W. Edwards Deming
c) Joseph Juran
d) Armand Feigenbaum
e) Genichi Taguchi
The cost per unit is $36.74 at the best operating level. When the output is higher, the
unit cost will be what?
a) lower
b) the same
c) higher
d) could be higher or lower
e) could be higher, lower or the same
page-pfe
What does it mean when the formula result of the MATCH function in Excel equals 2?
a) Two items matched the Lookup_value.
b) The item labeled '2' matched the Lookup_value.
c) The Lookup_value was found in the second position of the Lookup_array.
d) An error occurred.
e) The closest item to the Lookup_value was within two units of that value.
A company used to produce 300 units every day, but 20% of the units were defective.
After installing a new process, the defect rate has been reduced to 5%, while output has
remained the same. What is the percent increase in productivity due to installing the
new process?
a) 15.79%
b) 0.00%
c) 15.00%
d) 18.75%
e) 75.00%
page-pff
A firm produces handbags using three workers. On Tuesday, Jane completed 60 bags in
6 hours, Ron completed 50 bags in 7 hours, and Mary completed 80 bags in 5 hours.
What was the overall productivity of the firm?
a) 7.92 bags/hour
b) 11.05 bags/hour
c) 10.00 bags/hour
d) 10.56 bags/hour
e) 61.67 bags/hour
Which of the following is least likely to be considered a finite customer population?
a) subassemblies in a just-in-time manufacturing environment
b) fast food restaurant employees waiting to use the restroom
page-pf10
c) a class of 500 students who might visit their professor during office hours
d) planes waiting to take off at an airport
e) a class of 10 students who might visit their professor during office hours
Which of the following is not one of the four major causes of the bullwhip effect?
a) Demand forecast updating
b) Order batching
c) Price fluctuations
d) The business cycle
e) Rationing and shortage gaming
Which of the following is not a way to increase capacity?
a) Change depreciation methods.
b) Use overtime.
c) Employ temporary workers.
d) Subcontract.
e) Use alternative manufacturing processes.
page-pf11
An excellent procedure that can be used with location factors that are qualitative is
__________________.
a) the transportation method
b) break-even analysis
c) the factor rating method
d) the center of gravity approach
e) the load-distance method
What is the big difference between crossdocking and traditional distribution
warehousing?
page-pf12
How much safety stock should an organization hold if it wants to provide a 95%
order-cycle service level for an item whose annual demand is 12000 units with standard
deviation of 300 units per year and 30 units during lead time. The organization uses
1.96 standard deviations for this purpose.
A single-model line is __________ to produce only __________ version of a product.
What is management guru Tom Peters' famous quote regarding outsourcing? What is
his main point?
Every project has a ____________________.
page-pf13
What are the three major functions through which every business is managed?
What is the break-even volume given a fixed cost of $15,000,000, a variable cost per
unit of $2.30, and a selling price of $12.80?

Trusted by Thousands of
Students

Here are what students say about us.

Copyright ©2022 All rights reserved. | CoursePaper is not sponsored or endorsed by any college or university.