erau-mgmt651-9-1-final-exam

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Question 1 2 pts

One of the package of features that make up
a service are:

Appearance

Facilitating goods

Packaging

Cost

Implied use

Question 2 2 pts

Which of the following is not a measure of
operations and supply chain management efficiency used by Wall Street?

Inventory turnover

Revenue per employee

Receivable turnover

Earnings per share

Asset turnover

Question 3 2 pts

The 50th repetition of a job is timed at
100 minutes. If the learning curve for this job is 90 percent, what is the
estimated time for the 100th repetition of this job?

49.66 minutes

81 minutes

90 minutes

100 minutes

110 minutes

Question 4 2 pts

In designing a job it has been concluded
that individuals or work groups require a clearly defined, visible, and
meaningful set of work activities. This refers to which of the following job
design principles?

Automation of manual tasks

Task identity

Quality at the source

Temporary labor use

“Informating” ordinary workers

Question 5 2 pts

Behavioral considerations in job design
include which of the following?

Judgment of upper management

The social strata and ethnicity of the labor
pool

Degree of labor specialization

The economic stability of the industry

Potential for workforce unionization

Question 6
2 pts

Which of the following is not considered an
input to the layout decision in facility layout analysis?

Cost per square foot of alternative facilities

Space requirements for the elements in the
layout

Specification of objectives and corresponding
criteria to be used to evaluate the design

Estimates of product or service demand on the
system

Processing requirements in terms of the number
of operations and the flow between elements in the layout

Question 7 2 pts Skip to question text.

You have just determined the actual number
of workstations that will be used on an assembly line to be 6 using the
assembly-line balancing procedure. The cycle time of the line is 5 minutes and
the sum of all that tasks required on the line is 25 minutes. Which of the
following is the correct value for the resulting line’s efficiency?

0.500

0.833

0.973

0.990

None of the above

Question 8 2 pts Skip to question text.

You want to determine the lower control
line for a “p” 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?

0.0

0.002

0.003

0.004

None of the above

Question 9 2 pts

You have just used the capability index
(Cpk) formulas to compute the two values “min [2, 2.5].” Which of the
following is the proper interpretation of these numbers?

The true capability index value is 2.5

The mean of the production process has shifted to the left of the design
limits

The mean of the production process has shifted
to the right of the design limits

The mean has not shifted at all

The true capability index value is between 2
and 2.5

Question 10 2 pts

For an activity in a CPM analysis, the
Early Start time is 8 and the Late Start time is 10. Which of the following
statements is true?

The Late Finish is 12

The Early Finish is 10

The slack for this activity is 2

The duration of this activity is 2

The activity is on the critical path

Question 11 2 pts Skip to question text.

A simple project listing of five activities
and their respective time estimates are presented below. Using CPM, which
activities make up the critical path?

image_13.JPG

A,
C, D, E

A, B, D, E

A,
C, B, D, E

A,
D, E

None
of the above

Question 12 2 pts

In Hau Lee’s uncertainty framework to
classify supply chains, a supply chain for functional products with a stable
supply process is called which of the following?

Efficient

Forward looking

Agile

Risk hedging

Responsive

Question 13 2 pts

Which of the following of Fisher’s product
categories includes fashionable clothing, personal computers and other products
that typically have a very brief life cycle?

Functional products

Dysfunctional products

Innovative products

Bullwhip products

Value density products

Question 14 2 pts Skip to question text.

Plant A is located at the (X, Y)
coordinates of (200, 500) and has a volume of shipping of 400 units a day.
Plant B is located at the (X, Y) coordinates of (300, 100) and has a volume of
shipping of 300 units a day. Using the centroid method, which of the following
is the X coordinate for the new plant location?

About 208

About 227

About 243

About 389

X coordinate cannot be computed from the data
given

Question 15 2 pts

How many free trade zones are there in the
United States?

Less than 50

Less than 100

About 260

More than 412

About 310

Question 16 2 pts

Which of the following addresses
elimination of waste under lean production?

Info-matic warehouse networks

Outsourced housekeeping

Quality at the source

Backflush

Bottom-round management

Question 17 2 pts

Which of the following is not listed in the
textbook as a component of a lean supply chain?

Lean customers

Lean Management

Lean logistics

Lean warehousing

Lean procurement

Question 182pts

In most
cases, demand for products or services can be broken into several components.
Which of the following is considered a component of demand?

Cyclical elements

Future demand

Past demand

Inconsistent demand

Level demand

Question 19 2 pts

A company has actual unit demand for three
consecutive years of 124, 126, and 135. The respective forecasts for the same
three years are 120, 120, and 130. Which of the following is the resulting MAD
value that can be computed from this data?

1

3

5

15

123

Question 20 2 pts

An advantage of level scheduling is which
of the following?

Total costs through the entire system are
minimized.

There is a smooth flow throughout the production system.

There is variety for the workers through the
mixing of models produced.

The risk of backorders is minimized.

Customer service is improved.

Question 21 2 pts

Which of the following is a production
planning strategy presented in the textbook?

Level

Strategic

Balanced

Synchronous

Optimal

Question 22 2 pts

Which of the following is the set of all
cost components that make up the fixed-order quantity total annual cost (TC)
function?

Annual purchasing cost, annual ordering cost,
fixed cost

Annual holding cost, annual ordering cost,
unit cost

Annual holding cost, annual ordering cost, annual purchasing cost

Annual lead time cost, annual holding cost,
annual purchasing cost

Annual unit cost, annual set up cost, annual
purchasing cost

Question 23 2 pts

To take into consideration demand
uncertainty in reorder point (R) calculations, what do we add to the product of
the average daily demand and lead time in days when calculating the value of R?

The product of average daily demand times a
standard deviation of lead time.

A “z” value times the lead time in
days.

The standard deviation of vendor lead time
times the standard deviation of demand.

The product of lead time in days times the
standard deviation of lead time.

The product of the standard deviation of demand variability and a
“z” score relating to a specific service probability.

Question 24 2 pts

Which of the following is an input to the
master production schedule?

Bill of materials (BOM) file

Inventory records file

Exception reports

Planned-order schedules

None of the above

Question 25 2 pts

Which of the following is a dynamic
lot-sizing technique that adds ordering and inventory carrying cost for each
trial lot size and divides by the number of units in each lot size, picking the
lot size with the lowest unit cost?

Economic order quantity

Lot-for-lot

Least total cost

Least unit cost

Inventory item averaging

Question 26 2 pts

Which of the following can be used for lot
sizing in an MRP system?

Low-level coding

Time bucket size

Least unit cost

Inventory record file

Peg inventory

Question 27 2 pts

Assume you are sequencing jobs using
Johnson’s rule. A particular job requires 3 hours to assemble and then is
followed by 2 hours in the painting department. Which of the following is where
you would schedule this job?

As early as possible in the unfilled job
sequence

As late as possible in the unfilled job
sequence

The schedule would depend on the due date

Does not matter

Johnson’s rule does not apply

Question 28 2 pts

Which of the following is a tool of
shop-floor control?

The hours worked per employee report

The anticipated delay report

The permanent work-in-process report

Time and motion studies

Product and process control report

Question 29 2 pts Skip to question text.

A small vendor has either a good day of
sales with an average of $1,000 or a bad day with an average of only $500 for
the day. To simulate these outcomes, random numbers from 00 to 99 should be
assigned with the intervals determined from the frequency distribution. If,
during the last 100 days, the vendor had 27 good days and 73 bad days, which of
the following is a correct random number interval for a bad day?

28 to 99

27 to 73

27 to 100

27 to 99

00 to 26

Question 30 2 pts

Which of the following is not an important
concept in TOC?

CCR

Rope

Drum

Buffer

File

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