OPS 571 Final Exam
1) __________ is when the activities in the stagemust stop because there is no place to deposit the item justcompleted
2) According to your text, the most common processmetric is
3) Declining product prices
4) The type of processing structure that is used for producingdiscrete products at a controlled rate is
5) The best process flow structure to use formaking automobiles is
6) The break-even analysis is a standard approachto determine alternative processes A break-even analysis chartusually present alternative __________ and __________ based uponthe units produced or sold.
7) A statistical term that refers to thephilosophy and methods companies use to eliminate defects in theirproducts and processes by establishing a quality goal of no morethan four defects out of every million units is __________.
8) Independent demand is
9) An inventory system designed to ensure that anitem will be available on an ongoing basis throughout the year isknown as
10) A/an __________ approach actually schedules in detail eachresource using the setup and runtime required for each order.
11) What is the net result of reducing theduration of a task (crashing) not on the critical path?
12) The idea of the value density calculationis:
13) When designing a supply chain:
14) According to Hau Lee, which of the followingtypes of products need to be delivered with efficientsupply-chains?
15) Which of the following product promotionalactivities would probably help make the supply chain moreefficient?
16) The best operating level is:
17) Capacity utilization rate can be computedas:
18) The objective of __________ is to provide anapproach for determining the overall capacity level ofcapital-intensive resources that best supports the company’slong-range competitivestrategy. OPS 571 Final Exam
19) Lean production systems typically require
20) Given that the previous forecast of 65 turnedout to be four units less than the actual demand; the next forecastis 66. What would be the value of alpha if the simple exponentialsmoothing forecast method is being used?
21) Linear regression sales forecastingtechniques:
22) What should the value of alpha be in anexponential smoothing forecast to be very responsive to recentdemand?
23) Which of the following statements are trueabout time-series forecasting?
24) One option for altering the pattern of demandis:
25) Aggregate planners balance:
26) Which of the following accurately describes achase strategy?
27) Which of the following reflects net materialrequirements:
28) Which MRP system input element specifies howmany and when the firm plans to build each end item?
29) Which of the following is true about MRPsystems?
30) A Material Requirements Planning (MRP) is most valuable inindustries where a number of products are made in batches using thesame productive equipment and with companies involving:
1. Which of the following is true about make-to-stockprocesses?
A. Make-to-stock processes can be controlled based on the actual oranticipated amount of finished goods
B. Make-to-stock process is used when demand is seasonal and thefirm does not have enough
C. Services by their very nature often use make-to-stockprocesses.
D. A and B
2. is when the activities in the stage must stop becausethere is no place to deposit the item just completed.OPS 571 Final Exam
A. None of these answers
B. Starving
C. Blocking
D. Buffering
The type of processing structure that is used for producingdiscrete products at higher volume is:
A. Project
B. Assembly line
C. Batch
D. Job Shop
is when the activities in the stage must stop because thereis no place to deposit the item just completed.
A. Starving
B. Blocking
C. Buffering
D. None of these answers
An example of a business/industry that uses batch flowprocess structure is:
A. Automobile assembly
B. Heavy equipment
C. Commercial printer
D. Sugar refinery
The major decision variables in equipment selectionare:
A. Flexibility
B. Labor requirements
C. Manufacturer
D. Both A and B
7. According to your text, the most common process metricis:
A. Throughput time
B. Utilization
C. Efficiency
D. Productivit
8. In which phase of new-product design process areconsiderations to target market, desired level of performance,investment requirements and financial impact made:
A. pilot manufacturing phase
B. preliminary process design
C. detailed engineering
D. concept development and product planning
Which of the following statements is true about valueanalysis/value engineering (VA/VE)?
A. The purpose of VA/VE is to simplify products and processes.
B. The objective of VA/VE is to achieve equivalent or betterperformance at a lower cost.
C. VA is performed before the production stage, while VE deals withproducts already in production.
D. both A and B
Which of the following is not a dimension of designquality?
A. Customization
B. Serviceability
C. Durability
D. Feature
The category given the maximum point value in the Baldrigeaward is:
A. Process management
B. Business results
C. Customer and market focus
D. Strategic planning
D. Feature
Which of the following is not an assumption of the basiceconomic-order quantity model?
A. quantity discounts are available
B. ordering or setup costs are constant
C. lead time is constant
D. annual demand is constant and know
Counting items to ensure an order is correct, is an exampleof:
A. stockout cost
B. carrying cost
C. ordering cost
D. Setup cos
A _________ approach actually schedules in detail eachresource using the setup and runtime required for eachorder.
A. Finite loading
B. Forward scheduling
C. Backward scheduling
D. Infinite loadin
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