MQM 227 - Exam #1
Capacity planning involving acquisition or disposal of fixed assets such as buildings, equipment or facilities is considered as which one of the following planning horizons?
Long range
Which of the following is not a major strategic operational competitive dimension that forms a company's competitive position?
Management acumen
You have just been assigned to oversee a series of projects. Functional areas will loan you personnel for each project, and separate project managers will be responsible for separate projects. These project managers will report to you. Which project management structure is being used?
Matrix project
Process
One or more activities that transform inputs into outputs
Which of the following is a total measure of productivity?
Output/Inputs
Which of the following is a partial measure of productivity?
Output/Materials
If all you knew about a production system was that total daily output was 400 units and the total labor necessary to produce the 400 units was 350 hours, and the total materials used were 425 units, what kind of productivity measure could you use to compute productivity?
Partial measure and Multifactor measure
Performance measures discussed for development projects does not include
Percentage sales coming from very old products
Consumer electronics is an example of a product developed in which variant of the generic product development process?
Platform products
A reason that firms must develop more new products than ever is which of the following?
Product life cycles are shorter
Which of the following is not a basic type of process structure?
Product-process matrix
The goods-services continuum consists of which set of the following categories?
Pure goods, core goods, core services, pure services
Which of the following is not a way that operations and supply processes are categorized?
Selecting
Which of the following is a characteristic of concurrent engineering?
Separate development teams working at once
Which of the following is not a characteristic that distinguishes services from goods?
Service jobs are unskilled.
Which of the following is a characteristic that can be used to guide the design of service systems?
Services cannot be inventoried.
Capacity planning involving consideration of production scheduling and inventory position is characterized by which one of the following time durations?
Short range
Design for manufacturing and assembly delivers product improvements by emphasizing which of the following?
Simplification of the product by reducing the number of separate parts
When a company seeks to match the benefits of a successful position while maintaining its existing position in offering customers a variety of differing services, what is this process called?
Straddling
Effectiveness means doing the right things to create the most value for the company.
T
The Gantt chart is an example of a project control chart
T
The term "assembly line" refers to progressive assembly linked by some material handling device.
T
Assume a fixed cost for a process of $15,000. The variable cost to produce each unit of product is $10, and the selling price for the finished product is $25. Which of the following is the number of units that has to be produced and sold to break even?
$25-$10 = $15 $15,000/$15 = 1,000 units.
The total output from a production system in one day is 900 units and the total labor necessary to produce the 900 units is 900 hours. Using the appropriate productivity measure, what is the resulting productivity ratio?
1.000
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, which of the following is the capacity cushion?
100 units per hour (an amount of capacity in excess of expected demand)
If the actual output of a piece of equipment during an hour is 500 units and its best operating level is at a rate of 400 units per hour, which of the following is the capacity utilization rate?
500/400 = 1.25
What is a work breakdown structure?
A definition of the hierarchy of project tasks, subtasks, and work packages
Some of the advantages of a functional project where the project is housed in a functional division include which of the following?
A team member can work on several projects.
Total quality control (TQC)
Aggressively seeks to eliminate causes of production defects.
One reason for studying operations and supply chain management (OSCM) is which of the following?
All managers should understand the basic principles that guide the design of transformation processes.
Just-in-time (JIT)
An integrated set of activities designed to achieve high-volume production using minimal inventories of parts that arrive exactly when they are needed
In studying product-process matrix describing layout strategies, which of the following is most appropriate?
As you move from project to manufacturing cell to continuous process, product volume increases while standardization increases.
Which of the following basic types of process structures is one in which equipment or work processes are arranged according to the progressive steps by which the product is made?
Assembly line
Which of the following are defined as core goods?
Data storage systems
A listing of immediate predecessor activities is important information in a CPM analysis for which of the following reasons?
It specifies the relationships in the CPM network of activities.
The ability to rapidly and inexpensively switch production from one product to another enables what are sometimes referred to as:
Economies of scope
The placement of which of the following is not determined by production process organization decisions?
Emergency exits
Manufacturing strategy
Emphasizes how a factory's capabilities could be used strategically to gain advantage over a competing company
A make-to-order firm will work with the customer to design the product and then make it from purchased materials, parts, and components
F
Automobiles and appliances are classified as "pure goods."
F
One of the disadvantages of a pure project organizational structure is that the project manager has full authority over the project.
F
Which of the following is not considered a major work flow structure?
Fabrication
You have just used the network planning model for a county road resurfacing project and found the critical path length is 40 days and the standard deviation of the critical path is 10 days. Suppose you want to pick a time (in days) within which you will complete the project with 90% confidence level, what should be that time (in days and round to the nearest whole number.)
First find the Z value corresponding to 90% confidence level, (using =normsinv(.9) function) which will be 1.2815. Time (X) = mu + Z* sigma, that is 40 + 1.2851*10 = 52.81, rounded to *53* days.
Which of the following is a time-to-market performance measure used in judging product development performance?
Frequency of new-product introductions
Economic analysis of product development projects is useful in which of the following circumstances?
Go/no-go milestones
All other things remaining the same, if the sales revenue increases, asset turnover ratio will
Increase
Operations and supply chair management (OSCM)
The design, operation, and improvement of the systems that create and deliver the firm's primary products and services
A difference between project and continuous flow categories of process flow structures is which of the following?
The size and bulk of the product
Lean manufacturing
To achieve high customer service with minimum levels of inventory investment
The aim of quality function deployment (QFD) is:
To get the voice of the customer into the design of a product
Which of the following is not a typical phases of product development?
Value engineering
Product-service bundling
When a firm builds service activities into its product offerings to create additional value for the customer
Which of the following basic types of process structures is one in which similar equipment or functions are grouped together?
Work center
A project can be subdivided into which of the following?
Work packages
Which of the following is not a typical phases of product development?
early market feedback
In a firm, if the employees attend a training program, then the time to assemble one unit reduces by 10%. Training program will
increase both labor and multifactor productivity
In a firm, all other things remaining the same, if the material usage per unit of final product decreases to half of the current usage, then the firm will
increase the multifactor productivity and double the material productivity
The correct order in the good-services continuum is
pure goods - core goods - core services - pure services
You have just used the network planning model and found the critical path length is 30 days and the variance of the critical path is 25 days. The probability that the project will be completed in 33 days or less is equal to (2 decimal accuracy)
sqrt(25) = 5 Z= ([33-30]/5)+0.6 Leads to the probability of 0.73
