OPS 301 EXAM 2

Which of the following is NOT true about Gantt​ charts? A. Gantt charts adequately illustrate the interrelationships between the activities and the resources. B. Gantt charts are planning charts used to schedule resources and allocate time. C. Gantt charts also can be used for scheduling repetitive operations. D. Gantt charts are​ low-cost means of helping managers make sure that activities are planned.

A. Gantt charts adequately illustrate the interrelationships between the activities and the resources.

Which of the following activities are NOT part of project​ scheduling? A. Make sure all necessary activities are finished in proper sequence and on time. B. Compute resources needed at each stage of production. C. Decide how long each activity will take. D. Chart separate schedules for personnel needs by type of skill and materials needs.

A. Make sure all necessary activities are finished in proper sequence and on time.

Which of the following is NOT a capacity option of aggregate​ planning? A. back ordering during​ high-demand periods B. subcontracting C. changing inventory levels D. varying production rates through overtime or idle time

A. back ordering during​ high-demand periods

With respect to PERT and​ CPM, slack A. is the amount of time a task may be delayed without changing the overall project completion time. B. marks the start or completion of a task. C. is the latest time an activity can be started without delaying the entire project. D. is a task or subproject that must be completed.

A. is the amount of time a task may be delayed without changing the overall project completion time.

The critical path of a network is the A. longest time path through the network. B. path with the most activities. C. path with the fewest activities. D. shortest time path through the network.

A. longest time path through the network.

What is transferring a​ firm's activities that have traditionally been internal to external​ suppliers? A. outsourcing B. vertical integration C. keiretsu network D. ​make-or-buy

A. outsourcing

Which of the following is NOT a demand option of aggregate​ planning? A. using​ part-time workers B. influencing demand C. counterseasonal product and service mixing D. back ordering during​ high-demand periods

A. using​ part-time workers

A response strategy requires suppliers be selected based primarily on A. ​capacity, speed, and flexibility. B. product development skills. C. being willing to share information. D. cost.

A. ​capacity, speed, and flexibility.

A supply chain ends with A. suppliers. B. a satisfied customer. C. distributors. D. manufacturers.

B. a satisfied customer.

The advantage of having many potential suppliers is their willingness to A. participate in JIT. B. offer lower prices in the short term. C. provide innovations. D. provide technical expertise.

B. offer lower prices in the short term.

Which of the following statements is NOT one of the differentiation strategy​ decisions? A. Gather and communicate market research data. B. Modular design to aid product differentiation. C. Use buffer stocks to ensure speedy supply. D. Minimize inventory to avoid product obsolescence.

C. Use buffer stocks to ensure speedy supply.

The cost to produce the goods or services sold for a given period is referred to as A. weeks of supply. B. inventory investment. C. cost of goods sold. D. inventory turnover.

C. cost of goods sold.

Which of the following activities does NOT belong to the controlling phase of project​ management? A. shift resources B. revise plans C. define the project D. monitor​ resources, costs,​ quality, and budgets

C. define the project

The advantage of having few suppliers is to A. pursue low cost. B. look for​ short-term attributes. C. form a​ long-term relationship. D. take advantage of diseconomies of scale.

C. form a​ long-term relationship.

Which of the following plans are the job of the operations​ manager, working with other functional areas of the​ firm? A. ​long-range plans B. ​short-range plans C. intermediate plans D. All​ three: short-range,​ intermediate, and​ long-range plans.

C. intermediate plans

Which of the following is a direct responsibility of the project​ manager? A. performing all of the activities in the project B. calculating completion probabilities for all tasks in the project C. making sure that the people assigned to the project receive the​ motivation, direction, and information needed to do their jobs D. drawing the network diagram

C. making sure that the people assigned to the project receive the​ motivation, direction, and information needed to do their jobs

The objective of aggregate planning is usually to A. to determine which plans are feasible in the coming months and which are not. B. provide input to material requirements planning systems. C. meet forecast demand while minimizing cost over the planning period. D. specify what is to be made and when.

C. meet forecast demand while minimizing cost over the planning period.

Gantt charts are A. not easy to understand. B. not widely used. C. planning charts used to schedule resources and allocate time. D. widely used network techniques.

C. planning charts used to schedule resources and allocate time.

The three phases involved in the management of large projects are A. ​scheduling, operating, and evaluating. B. ​scheduling, designing, and operating. C. ​planning, scheduling, and controlling. D. ​planning, scheduling, and evaluating.

C. ​planning, scheduling, and controlling.

A lawnmower assembly plant uses a variety of​ nuts, bolts,​ screws, and other fasteners in its operation. Its supplier delivers these items directly to the point of use on the assembly line and ensures that there are always sufficient quantities of fasteners to maintain the production schedule. This is an example of A. postponement. B. single stage control of replenishment. C. ​vendor-managed inventory. D. ​e-procurement.

C. ​vendor-managed inventory.

Which of the following statements is NOT true regarding aggregate​ plans? A. For service​ organizations, an aggregate schedule ties strategic goals to workforce schedules. B. An aggregate plan often examines a​ 3- to​ 18-month time horizon. C. An aggregate plan is the output of​ S&OP. D. Aggregate plans use information regarding individual products rather than product lines.

D. Aggregate plans use information regarding individual products rather than product lines.

Which statement is characteristic of a mixed strategy for aggregate​ planning? A. Mixed plans are less complex to develop than a level plan. B. Mixed plans typically yield a worse strategy than a pure plan. C. Mixed plans are less complex to develop than a chase plan. D. Mixed plans seek a minimum cost via a combination of eight planning options.

D. Mixed plans seek a minimum cost via a combination of eight planning options.

Which of these statements is NOT true about project​ scheduling? A. Project scheduling shows the relationship of each activity to others. B. Project scheduling identifies the precedence relationships among activities. C. Project scheduling encourages the setting of realistic time and cost estimates for each activity. D. Project scheduling helps make better use of resources by identifying the​ non-critical paths through the network.

D. Project scheduling helps make better use of resources by identifying the​ non-critical paths through the network.

Which of the following is an advantage of PERT and​ CPM? A. Project activities have to be clearly​ defined, independent, and stable in their relationships. B. Useful in monitoring only schedules. C. Precedence relationships must be specified and networked together. D. Straightforward concept and not mathematically complex.

D. Straightforward concept and not mathematically complex.

Which of the following occurs first within a production planning​ system? A. detailed work schedules for people B. priority scheduling for products C. master production schedule D. aggregate planning

D. aggregate planning

Which of the following would likely result in the LEAST amount of​ inventory? A. Inventory levels are unaffected by the aggregate plan. B. level strategy C. mixed strategy D. chase strategy

D. chase strategy

What is developing the ability to produce goods or services previously purchased or actually buying a supplier or a​ distributor? A. virtual companies B. horizontal integration C. outsourcing D. vertical integration

D. vertical integration

Which of the following statements is NOT true about​ S&OP? A. ​S&OP is used to determine which plans are feasible in the coming months and which are not. B. When the resources appear to be substantially at odds with market​ expectations, S&OP provides advanced warning to top management. C. ​S&OP is typically done by​ cross-functional teams that align competing constraints. D. ​S&OP is also called an aggregate plan.

D. ​S&OP is also called an aggregate plan.

Capacity decisions are most critical to which of the​ following? A. intermediate plans B. ​short-range plans C. sales and operations planning D. ​long-range plans

D. ​long-range plans