Final Exam Part 3

100 units per hour

80. If the best operating level of a piece of equipment is at a rate of 400 units per hour and the actual output during an hour is 300 units, the capacity cushion = _________.

a statement of work

81. According to the textbook, which of these starts a project:

Provide a broader range of training

79. According to the text, a way to increase the flexibility of production workers is to ____.

Demand management

61. Which, according to the video "Aligning Supply & Demand: Creating the Right Supply Chain" is not one of the primary cost centers of the "physical function of the supply chain?

High physical density (weight/space ratio)

62. Which, according to the video "Aligning Supply & Demand: Creating the Right Supply Chain" is not one of the key characteristics of functional products (e.g., soup) that most influences supply chain strategy/design for such items?

New product development

63. Which, according to the video "Aligning Supply & Demand: Creating the Right Supply Chain" is not one of the activities making up the physical function of the supply chain?

The firms ability to efficiently and effectively coordinate (i.e, balance) supply and demand

64. Which, according to the video "Aligning Supply & Demand: Creating the Right Supply Chain", supply chain risk is defined as _______________ ?

lengthy research/development lead time

65. Which, according to the video "Aligning Supply & Demand: Creating the Right Supply Chain" is not one of the key characteristics of innovative product (e.g., fashion sunglasses that most influences supply chain strategy/design for such items?

excess inventory cost

66. Which, according to the video "Aligning Supply & Demand: Creating the Right Supply Chain" is not one of the primary cost centers of the "market mediation" function of the supply chain?

Susceptiability to loss & damage

67. According to the video "Aligning Supply & Demand: Creating the Right Supply Chain," which is not a factor considered in categorizing an item as function or innovative?

nature of demand for the item

68. According to the video "Aligning Supply & Demand: Creating the Right Supply Chain," the most important environmental characterstic to consider in formulating supply chain strategy/design is:

Facilitating goods

69. According to the text, one of the "package of features" that make up a service is:

Pure goods, core goods, core services, pure services

70. According to the text, the Goods-Services Continuum consists of which set of categories?

Earnings Per Share

71. According to the text, which is not a measure of operations and supply chain management efficiency used by Wall Street?

Output/Materials

72. According to the text, which of these is a partial measure of productivity?

A diagram that shows how a company's strategy is delivered to customers

73. According to the text, which best describes an activity-system map?

1.428

74. The total output from a production system in one day is 500 units and the total labor necessary to produce the 500 units is 350 hours. Using the appropriate productivity measure, which represent the correct productivity ratio?

Past Data

75. In most cases, demand for products or services can be broken down into seveal components. Which, according to the text, is not considered a component of demand?

Precise actual demand for the past several years

76. According to text, the exponential smoothing method requires which data to generate a forecast?

Short-term forecasts

77. According to the text, in general, which forecasting time frame compensates most effectively for random variation and short term changes?

Demand can be smoothed by inventory policies

78. According to the text, which is true of manufacturing capacity but is not true of service capacity?

12 days

82. A simple project listing of five activities, their predecessors and their respective time estimate are presented below. Activity Immediate Predecessor Time (days) A None 3 B A 2 C A 1 D B and C 3 E D 4 Using the critical path method (CPM), what is the Latest Finish Time for the alst activity in this project, i.e., the total time to complete the project. HINT: find the critical path.

There are multiple critical paths through the project network

83. You have just performaed a critical path method (CPM) analysis and have found more than one path through the project network has zero slack. What does this tell you (what can you conclude)?

Speed up the process transfer mechanism

84. When balancing an assembly line, which, according to the textbook, is not a way to reduce the longest task time, so it's less than the required workstation cycle time?

Inventory divided by flow time

85. According to Little's Law, as presented in the textbook, which ratio is used to find throughput rate?

0.833

86. Efficiency= Sum of tasks time/ Actual number of work stations * works station cycle time Using the assembly line balancing procedure, you have just determined that the actual number of workstations to be used on an assembly line is 6. The cycle time of line is 5 minutes and the sum of all the tasks required on the line is 25 minutes. Which is the correct value for the resulting line's efficiency?

Determine an acceptable waiting time for your customers

87. According to the textbook, which is not a suggestion for managing queues?

Segment customers

88. According to the textbook, which is a suggestion for managing queues?

Task

89. There are many applications of poka-yokes in service organizations. Which is one of the three T's used to classify poka-yokes

Treatment

90. There are many applications poka-yokes in service organizations. Which is one of the three T's used to classify poka-yokes?