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Overview Quiz - Fall 2019 Flashcards | StudBud
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Overview Quiz - Fall 2019
Overview Quiz - Fall 2019
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1
As a project manager, I can postpone a non-critical activity as much as I want because it is not on the critical path.
True
False
2
Activity meanings are as follows. Select the diagram that
cannot
be applied.
Diagram on right top corner
Diagram on right bottom corner
Diagram on left bottom corner
Diagram on left top corner
3
Six Sigma training cannot be accomplished without a major commitment from CEO or CIO.
False
True
4
Development of work breakdowns structure must be done once the project is executed.
False
True
5
Your desire to run your own automobile company takes you to Detroit because it is advantageous to have
proximity to suppliers
proximity to markets
proximity to competitors
proximity to intangible costs
6
When optimizing resources, the goal always is to complete the project on time.
True
False
7
Which of the following is not a strategic operations management decisions?
Allocation resources
Defining maintenance
Managing quality
Process strategy
8
Vertical integration is risky in industries with rapid technological change.
True
False
9
Which of the following is a key element of Deming's beliefs?
Implementing mass inspection
Do not choose suppliers based on price alone
10
What type of inventory ensures the adequate capacity of the company to satisfy sudden changes in demand
Finished Goods Inventory
Buffer inventory
Transit Inventory
Anticipation inventory
11
Total logistic costs does not include
Human resources costs
Transportation costs
Facility costs
Inventory costs
12
Which of these Managers would be
least likely
to be considered in an operations management role within an organization?
Production Manager
Financial Risk Manage
Quality Manager
Reservations Manager
13
We can use R-chart to detect change in mean.
False
True
14
Competing on cost does not imply low quality.
False
True
15
Partially completed work cannot be considered as an inventory.
True
False
16
Select any of the following statements that are true.
Large forecast errors are less desirable
For a given period, MAPE is less than or equal to MAD
If MAPE(Model A)=0.5 & MSE(Model B)=0.4, then Model B gives better forecast
MSE stands for mean standard error
17
Select the categories in Malcolm Baldrige National Quality Award.
Workforce focus
Strategic planning
Customer focus
Operations focus
18
Which one of the followings is not an example of a joint venture sourcing strategy?
Vodafone & Telefónica agreed to share their mobile network.
Apple decided to manufacture its own semiconductors.
Google and NASA developing Google Earth.
19
Operations Management is a .............. process.
Translation
Transformation
Transition
Transaction
20
A supply chain could be more accurately described as a supply network or a supply web.
True
False
21
Consider the pattern below. What you can say about the behavior?
Normal behavior. Process is “in control.”
Erratic behavior. Investigate.
Trends in either direction. Investigate for cause of progressive c
Run of 5 above central line. Investigate for cause.
22
"Large quantity and small variety of products" is
Customization Focus
Product Focus
Process Focus
Repetitive Focus
23
Independent demand is uncertain. That is why it is forecasted.
True
False
24
You are working on a project, where
I need more information to answer.
False
True
25
Supply chain is concerned with the
flow of raw materials, WIP and finished products in the forward direction
flow of cash in the reverse direction
flow of information in both the directions
all above
26
Assume that F
july
= 100,000 and A
july
= 85,000. What is the MAPE value for July?
18%
15%
0.18
0.15
27
If quality is defined as "Lies in the eyes of the beholder", then it is
engineering-based definition
user-based definition
marketing-based definition
product-based definition
28
Improved quality allows costs to drop as firms lower rework, scrap and warranty costs.
False
True
29
For a given period t, A
t
=200 and F
t
(model A)=250 and F
t
(model B)=400. According to MSE, which model should be selected?
Model A
Model B
30
Associative Model Linear Regression Analysis benefits from a linear relationship between variables.
True
False
31
Increasing the number of facilities generally improves response time and customer satisfaction
False
True
32
The service industry makes up approximately what percentage of all jobs in the United States?
66%
83%
77%
45%
33
What is the name of the TQM tool depicted below?
Statistical Process Control Chart
Cause-and-Effect Diagram
Process Diagram
Check Sheet
34
Assume that F
july
= 85,000 and A
july
= 100,000. What is the MSE value for July?
225,000,000
-15,000
-225,000,000
15,000
35
The greater the degree of customer involvement, the more challenging the design and management of operations.
True
False
36
Scheduling is routine in an Airline Engine Maintenance Sector.
False
True
37
When managing projects, there are basic steps to follow. Select the correct path when developing
Work breakdown Structure, Activity-Relations, Network, Monitor, CPM, PERT
Activity-Relations, Work breakdown Structure, Network, CPM, PERT, Monitor
Work breakdown Structure, Activity-Relations, Network, CPM, PERT, Monitor
Activity-Relations, Work breakdown Structure, Network, Monitor, CPM, PERT
38
What is the LS value of activity E?
10
8
11
9
39
Which of the following methods is a mathematical technique used for finding the best location for a single distribution?
center-of-gravity
locational break-even
transportation model
factor-rating
40
"Walmart having its own trucking fleet and numerous distribution centers" reduces the political risks
False
True
41
Suppose Management underestimates demand by 50% less, total cost of EOQ decreases.
True
False
42
Which of these is
not
one of the basic functions of the operations management?
Leading
Controlling
Inspecting
Staffing
43
What is the ratio of outputs (goods and services) divided by one or more inputs (such as labor, management or capital)?
Productivity
Production variables
Productivity variables
Production
44
Repetitive and product focus processes usually keep high inventory.
False
True
45
What is the ES value of activity F?
14
15
13
11
46
Assume x-charts. When the desired level of confidence increases, we will have more assignable variations.
False
True
47
Select the correct sequence of steps in Six Sigma.
Define, Analyze, Measure, Improve, Control
Define, Measure, Improve, Analyze, Control
Define, Control, Measure, Improve, Analyze
Define, Measure, Analyze, Improve, Control
48
Which of the following is
NOT
a factor in the
final
site selection decision?
environmental impact issues
transportation systems
cultural issues
site size
49
Operations manager is responsible of sales and marketing.
False
True
50
Despite of how carefully a project is planned, it is almost certain to be changed before?
Execution
Assigning resources
Planning
Completion
51
Assume that trend projection has a negative slope. This means that as time passes the forecasted value decreases.
True
False