SCM 310 EXAM 3 KU

If a company has a production rate of 4020 items per hour, a replenishment cycle of 20 minutes, a safety stock of 25, and a standard container of 300 how many kanban containers will they need if they are conservative? A. 5 B. 4 C. 4.5 D. 20

A. 5

What is safety stock? A. Additional stocks to cover variations in lead times and demands B. Stocks of supplies for safety operations C. A little used practice since it has become "sacred stock" D. None of the above

A. Addition stocks to cover variations in lead times and demands

Which of the following improves turns? A. Reduce inventory levels across the board B. Eliminate non-producing inventory C. Add more inventory D. B and c E. All of the above

A. Reduce inventory levels across the board

Life cycle management is a tool used to determine: A. The total cost of ownership for a product B. The life of a project C. The life of a product D. None of these

A. The total cost of ownership for a product

The best way to reduce inventory is to A. Walk the process and identify inefficiencies B. Reduce the inventory to identify inefficiencies C. Arbitrarily reduce the levels of all inventory D. None of the above

A. Walk the process and identify inefficiencies

A distribution center has calculated its turns: COGS = 4,000,000 and the value is 250,000. The industry average for distribution centers in this particular field is ??? last year the company had 18 turns. This company's turns are: A. Good B. Average C. Not enough information to answer

B. Average

A PERT Chart has one time estimates for each activity; this what differentiates it from the Gantt A. True B. False

B. False

Crashing a project is another way of saying that the project is being terminated A. True B. False

B. False

Process selection is important in operations management but really has no applicants to other disciplines? A. True B. False

B. False

There is no link between facility design and capacity? A. True B. False

B. False

Aggregate inventory management seeks to answer the same questions as: A. ERP B. MRP C. JIT D. Reorder Points

B. MRP

What happens to the number of inventory turns when the annual cost of goods sold increases? A. Number of turns goes down B. Number of turns goes up C. Cost of goods sold has no impact

B. Number of turns goes up

What are examples used in the discussions on the theory of constraints

Beer vats, pearl harbor

The ports of LA and Long Beach account for _________ % of all container freight coming into the United States A. 66 B. <20 C. 44 D. ~50 E. None of these

C. 44%

Jidoka is the same thing as A. Mistake proofing the system B. Kaizen C. Employee empowerment D. All of these

C. Employee Empowerment

The in class example concerning the 2008 Daytona 500 was an example of: A. Forecasting error for beer B. Forecasting error for food C. Forecasting error for soft drink D. Nothing to do with forecasting

C. Forecasting error for soft drink

What is the primary goal of the product design process? A. Make more money B. Flood the market with products C. Meet the needs of the customer D. Spend company resources E. None of the above

C. Meet the needs of the customer

In class discussions on Just in Time we drew a diagram and discussed one example to demonstrate: A. The waste of over production B. The waste of waiting C. The waste of movement D. The waste of time E. None of these

C. The waste of movement

When redesigning a process the first step should be: A. Start fixing what is wrong B. Do lots of research on the process of the company C. Walk the process to get a good understanding of the process D. Hire a consultant to fix everything

C. Walk the process to get a good understanding of the process

What is the critical aspect of supply chain management missing from most definitions

Cash

Last year theft from distribution centers in the US was reported as A. 132 billion B. 100 billion C. 100 million D. 60 billion E. 60 million

D. 60 Billion

The three questions answered by inventory management are: what to _____, ________,______ A. When to order B. How much to order C. Why should it be ordered D. A and b E. A and c F. B and c

D. A and B

Which if any of these documents make up the "recipe card" for a product? A. Bill of Materials B. Assembly Chart C. Routing Sheet D. All of the above E. None of the above F. A and c

D. All of the above

What was the problem with the risk chart shown in class for supply chain security? A. It did not address counterfeiting issues B. It did not address Somali pirates C. It was white centric D. It did not address all of the issues of supply chain security E. I have no clue

D. It did not address all of the issues of supply chain security

Just in Time is the same thing as A. Kaizen B. Theory of constraints C. Six sigma D. Lean E. None of these

D. Lean

Calculate the reorder point using the following data: demand = 25 per day; lead time - 8 days; safety stock - 3 days of demand A. 200 B. 150 C. 203 D. None of the above

D. None of the above

What is the difference between project management and program management? A. They are the same thing B. Programs have a define beginning and end C. Programs are one-teime events D. Projects have a defined beginning and end E. None of these F. All of these

D. Projects have a defined beginning and end

Reverse logistics for electronics cost companies in the US A. 60 billion B. 677 billion C. 750 billion D. 100 billion E. 132 billion

E. 132 Billion

Kaizen is the same thing as A. Continuous process improvement B. For the greater good of everyone C. Just in time D. All of the above E. A and b F. A and c G. None of the above

E. A and B

The longest time estimate in a PERT chart is called the: A. Most likely B. Optimistic C. Critical path D. Dummy activity E. Pessimistic

E. Pessimistic

What is the biggest difference between the considerations for heavy manufactuinrg and high teck/light manufacturing when doing a location analysis

Education

What are some of he remedies for a shortfall in capacity?

Eliminating bottlenecks, different layouts

The rules of forecasting state: A. Forecasts are usually wrong B. A forecasting error should be attached to the forecast C. Smaller numbers are easier to forecast than larger numbers D. It is easier to forecast the farther you are from the event E. All of the above F. A and B

F. A and B

Which of the following are reasons for reverse logistics? A. Defective products B. Obsolete products C. Too much product on the shelf D. Just did not like the product E. Too stupid to operate the product F. All of these G. None of these

F. All of these

Just in Time is based on the idea(s) of: A. Zero inventory B. Eliminate waste C. The push system D. The pull system E. A and d F. B and d G. All of these

F. B and D

Supply chain security has a direct link to what?

Homeland security

The examples used in class for recent interruptions to supply chains included:

Japanese tsunami, hurricane sandy, volcano in iceland, flooding in Thailand

Product A has an MTBF of 700 hours and an MTTR of 120 hours. Product B has an MTBF of 1000 hours and an MTTR of 180 hours. Based on system availability which product should we choose?

Product A

What non-value added activities were evident in the apple sauce manufacturing process flow chart as discussed in class?

Transferred several times and had a lot of idle time

What is intermodal

Transportation of goods between two difference modes

The percentage of available hours that are actually spent working is?

Utilization

When should you use a relationship diagram such as the murther's grid

When you don't have accumulated data

Why or why not is 100% utilization a good thing?

You need time for manufacturing

What are the five functions of the SCOR model?

plan, source, make, deliver, return

What is the main goal of the facility design?

reduce your material handling