Overview Quiz - Fall 2019

Associative Model Linear Regression Analysis benefits from a linear relationship between variables.

Six Sigma training cannot be accomplished without a major commitment from CEO or CIO.

What is the ratio of outputs (goods and services) divided by one or more inputs (such as labor, management or capital)?

Assume that F_july = 100,000 and A_july = 85,000. What is the MAPE value for July?

You are working on a project, where

Consider the pattern below. What you can say about the behavior?

The greater the degree of customer involvement, the more challenging the design and management of operations.

Which of the following is a key element of Deming's beliefs?

Which of the following is not a strategic operations management decisions?

When optimizing resources, the goal always is to complete the project on time.

When managing projects, there are basic steps to follow. Select the correct path when developing

Which of these Managers would be least likely to be considered in an operations management role within an organization?

Despite of how carefully a project is planned, it is almost certain to be changed before?

"Large quantity and small variety of products" is

 A supply chain could be more accurately described as a supply network or a supply web.

Assume x-charts. When the desired level of confidence increases, we will have more assignable variations.

Improved quality allows costs to drop as firms lower rework, scrap and warranty costs.

Development of work breakdowns structure must be done once the project is executed.

Partially completed work cannot be considered as an inventory.

Select the categories in Malcolm Baldrige National Quality Award.

What type of inventory ensures the adequate capacity of the company to satisfy sudden changes in demand

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?

Which of these is not one of the basic functions of the operations management?

Which of the following is NOT a factor in the final site selection decision?

What is the ES value of activity F?

Increasing the number of facilities generally improves response time and customer satisfaction

Competing on cost does not imply low quality.

Select any of the following statements that are true. 

What is the LS value of activity E?

Which of the following methods is a mathematical technique used for finding the best location for a single distribution?

As a project manager, I can postpone a non-critical activity as much as I want because it is not on the critical path.

"Walmart having its own trucking fleet and numerous distribution centers" reduces the political risks

Vertical integration is risky in industries with rapid technological change.

Suppose Management underestimates demand by 50% less, total cost of EOQ decreases.

Scheduling is routine in an Airline Engine Maintenance Sector.

Operations Management is a .............. process.

Select the correct sequence of steps in Six Sigma.

Which one of the followings is not an example of a joint venture sourcing strategy?

We can use R-chart to detect change in mean.

The service industry makes up approximately what percentage of all jobs in the United States?

What is the name of the TQM tool depicted below?

Independent demand is uncertain. That is why it is forecasted.

If quality is defined as "Lies in the eyes of the beholder", then it is

Supply chain is concerned with the

Operations manager is responsible of sales and marketing.

Assume that F_july = 85,000 and A_july = 100,000. What is the MSE value for July?

Activity meanings are as follows. Select the diagram that cannot be applied.

Repetitive and product focus processes usually keep high inventory.

Assume that trend projection has a negative slope. This means that as time passes the forecasted value decreases.

Total logistic costs does not include