10) In the execution phase of a project’s life cycle, activities are guided by decisions
that were made in the __________ phase.
A.initiating
B.planning
C.monitoring/controlling
D.closing
E.assessment
11) Which of the following represents an attempt to balance the benefits of stability
against the benefits of responding to new information?
A.safety stock
B.safety time
C.bills of material
D.time fences
E.fixed-period lot sizing
12) Which of the following is not a measure for judging the effectiveness of a schedule
sequence?
A.average number of jobs at the work center
B.total number of jobs at the work center
C.average completion (flow) time
D.average job tardiness
E.total number of work centers per job
13) In theory of constraints scheduling, the __________ refers to the schedule and the
__________ refers to inventory used to ensure that the bottleneck is never idle.
A.rope; drum
B.drum; rope
C.drum; buffer
D.buffer; drum
E.buffer; rope