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**Unformatted text preview: **Quiz navigation F.nis" review Question 1
Correct Mark 1 cu ournl
:.cu ﬂog; aaaaiiuii Question 2
Correct Mark 1 cu ournl
Lori Marks 30 UOBIJ DD
Grade 3.75 out of 3 75 (100%) Which one ofthe foilowing wouid Lot be considered a decision option for purposes ofaggregate operations planning? Seiect one
D a. promotion 0 b. inventory leveis
D c pricing
5] d, production costs 0 e. manpower ievels The correct answer is production costs A managenai approach toward forecasting which seeks to actively Inﬂuence demand is Seiect one
D a, retroactive “'39 “NEW” C] b. protracted E c proactive D d, reﬂexive D e, reactive The correct answer is proactive
Quaslinn 3 Which ol the foilowmg quaiity control sampie statistics measures a ciuaiityr characteristic which is an attribute?
Correct
Mark 1 to out at 39m“ one
1-D" D a, range
its; question 0 b_ mean [a m Quil navigation Shot. one page at a l me
F.nis" reitiew duaaiinii 3
Correct Mark 1 cu ocrnl
icu ﬂoag question duaaiinii 4
ciiiraai Mark 1 [H] outol
1GB is Quasiinn 5 Correct Mark 1 cu ocrnl
Lori E a; question The correct answer is proactive Which ol the foilowmg guaiity control sampie statistics measures a duaiity characteristic which is an attribute? Seiect one
D a range 0 b. mean [a c proportion D d, variance 0 e. standard deviation The correct answer is proportion An operations strategy for managing inventory when there has been a dramatic increase in hoiding costs but ordering costs have been
signiﬁcantly reduced would be Seiect one
Q a. greatly decreased order quantiﬁes D b. greatly increased order quantities
D c siightly decreased order quantiﬁes
D d, sligl'itiy increased order quantities D e, unchanged order quantities The correct answer is greatly decreased order quantiﬁes The materials manager for a biiliard bail maker must periodically place orders for resin. one 01 the raw materials used in producing
biliiard balis She knows that manufacturing uses resin at a rate of El] kiiograms each day" and that it costs 5 04 per day to hold a
kilogram of resin in inventory. She also knows that the order costs for resin are $100 per order, and that the iead time for deiivery is
tour (4) days, At what point should resin be reordered? (— .Q
The correct answer is greatly decreased order quantities A
Question 5 The materials manager for a billiard bail maker must periodically place orders for resin. one 01 the raw materials used in producing
CWEC‘ billiard balis She knows that manufacturing uses resin at a rate of El] kilograms each day. and that it costs 5 04 per day to hold a
kilogram of resin ll'l inventory. She also knows that the order costs for resin are $100 per order, and that the lead time tor deiiverv is
Mark 1 cu m at
Hm tour (4) days.
‘1'” "ﬁViﬂauﬂn “'53 “35”” At what point should resin be reordered?
Select one
D a SDI] kilograms remaining
5] b. 230 kilograms remaining
0 c 460 kilograms remaining
D d. 5D kilograms remaining
Show one page at a I ma _
F-my rem“; D e l] kilograms remaining
The correct answer is 260 kilograms remaining
Quzslinn 6 Which oi the followmg is n_ot generally considered as a measure of system performance in a queuing analysis?l
Correct
Mark i cu m at sale“ one
1-D" D a the average number waiting an line “'59 quad“ D b. the average number in Il'ie system
E c the average service time
D d. server utilization D e the probability thal an arriving customer Wlil have Io wail tor service The correct answer is the average service time Queslmn 7 The mean absolute dewatlon {MAD is used to: - I _.\ - n (L) Tnmpg/{maulemmmmwudiarmmisquiamimphpranemptoaoogammmim A
Queslinn 7 The mean absolute deviation (MAD) is used to:
Correct
Mark 1 DD out ol sale“ one
LED [a a. measure forecast accuracy
Elsi! CMSW" D b all at the choices
QUE nav'gauon D c estimate the trend line
D d. eliminate lorecast errors
D e seasonally adjust the torecasl
The correcl answer is measure forecast accuracy
Shot ne page atalme
F m5,- _rew5w Quesiinn 3 If, in a single period inventory situalion, the probabililies ofdemand being 1 2. 3. or 4 units are 3, 3. 2. and 2. respectively, what is
CWEC‘ the probability of selling no more than two units?
Mark 1 DD out ol
mu Select one
Elsa question 0 1-5
D b 3
D c none of these
[a d. 6
D e. B
The correctanswer is .8
Quzslinn 9 The Project Manager is about to begin a project comprised of the Iollowing six activities.
Correct
Mark 1 W m n! mu v'ii'. i'i'\ i-iw 'i III-5
HI"'l]\ll‘~'l'l4 \i- llil l 'lkl'l \ ]"l .\.‘~Ik|l.\lll' v Shin \ ll l' WI- (— Mark 1 i:-n out at 1 Bl]
Elsa question
Quiz navigation
Show one page at a t me
F.nlS" ’eVlEW
Queslinn 10
Correct Mark 1 on out at
“in Emma \i‘ll‘ill‘i Sim
\
I!
t
lt
I
1i l'lx‘lit '1 Ill-.‘u \lll' D
I.
hut
t. l ml
I'Iul i-I"'l l\ll‘x I'lt ‘ lit
\lil
N;
l”
‘Jl lll l< \'l'l- '\ l“-l'l.\l \lI-N utm- \I-l‘il l'lkl'l\ What is the estimated slack time lor the path ArDsF? Select one
D 3, ill} days G b so days
0 c 100 clays
D d. 20 days
D e l] days The correct answer is 6D days In “crashing” a project a manager Will generally focus on actiVIties which: Select one D a, are not on the critical path 0 in none (tithe EthDES are correct 0 c are costly to crash and are on the critical path 0 d. are the least costty to crash E e, are on the critical path and are the least costly to crash "l-:x,\l\|l.‘\ 1 Il' The correct answer is are on the critical path and are the leasl costly to crash MI- - I _.\ 6 Question 11
Correct Mark1E-Elnutnl 1 Bl]
Quiz navigation Ilsa question
Shot ne page atatme
F nis' renew
Quesliun 12
Cnlreot Mark 1 i:-n out at
ten 3.59 Quastinn 13 Correct (4) TI]httpsfp'moodlaconcuniam-'nipodlefmptl5nuizlrzvimiphpiattemﬁmﬁslmﬂbl The correct answer is are on the critical path and are the least costly to crash If average demand tor an inventory item is 200 units per day‘ lead time is three clays, and safety stock is lot) Ul'llLS: the reorder point (POP) 15: Select one
D a, 609 units 0 h. 300 units
[a c YOU units
D d. ZDD units
0 e. 100 units The correct answer is TDD units What combination ofx and y Wlll yield the optimum for this problem? Maximize 33x 1‘ $15y‘ subject to (ll2x t 451512 and {2) 5x + 2y 5 10 and (3} x y 2 0. Select one
D a. x = 2. y = Cl Dh.x=t.y=5
Dc x=1ly=2
Ed.x:D.y:3
De x=D.y=5 The correct answer is x = D. y = 3 Simple exponential smoothing is being used to forecast demand. The prewous forecast of65 turned outto be four units less than
actual demand. The next forecast is 66.6: implying a smoothing constant: alpha, equal to: WI- e 1—) Tnhnpszrrmmdiammrmmdie’mmitiuiz/revim.phpimempe:msogesimaii=1 ,Q 'fn QuIZE
A
Question 13 Simple exponential smoothing is being used to forecast demand The previous forecast of65 turned outlo he four units less than
CW2“ actual demand. The next forecast is 66.6. implying a smoothing constant. alpha. equal tci:
Mark 1 :11 out at
ﬂu Select one
ﬁle; question In a 15
D b 20
Quiz navigation 0 c 01
D d. .60
D e. .10
The correct answer is 15
Show one a e at a t me
F D g Queslinn 14 For the foliowmg constraints which point is in the feasible region ofthts minimization prooiem’?
nis" review
Correct (1)14x1-6y342 (2))(433 (3]xy2D
mm 1 c-n out at
l E” Select one
Elsg question [a a x: 5‘ y :1
D b x : 2. y : 0
D c x = t y = t
D d. x = 2. y = 1
D e. x = D. y = 11
The correct answer is x = 5.51: 1
Queslinn 15 A c-chan is used for
Correct
1.1m 1 [1-D out pl SQlen one
13” E a. number of detects per unit
. V
ﬁg Question D b means - I ._.\ - n (L) Tnhum/{moaiemmrmuudiarmmistiuizrmimphpranemmmazsimaiet e .9 fr] QuizS x Quaslinn 16 A bank often machines requires regular periodic serVIce. Machtne running time and service time are both exponential. Machines run A
CWEC‘ for an average of 44 minutes between service requirements. and service time averages 6 minutes per machine 1 W m M What is the average number of machines down With one operator?|
at“ mam" Select one
D a a 51
Quiz navigation D b 4 AB
C c 1.49
D d 3 35
E e. 6 65
The correct answer is 6 65
Shot ne page atatme
F nis' renew .
Question 17 All of the followrng are inputs to the aggregate production planning process except
Correct
Vlark1|3r|1 m at sale“ one
! W D a ﬁnancial constraints
Elsa WESL'D" E b sates plans
0 c demand forecasts
D d capacity constraints
The correcl answer is sales plans
Quastinn 18 Given the same demand. setupi'ordering costs. and holding costs, the EPQ Will be
Correct
Mark 1 DD m at sale“ ""3
“m D a. smallerthan or equal to the E00
at”; “NEW” C b. equal to the E00.
V D c greater than or equal lo the E00. e 1—) Tnhnpsvimndiammrmmdiammi‘quiz/revimphprmempmwesimaiel ,Q 'fri QuIZE
A
Questinn 18 Given the same demand: setupi'ordenng costs: and holding costs, the EFQ Will be
Cnireot
Mark 1 DD out ol sale“ one
1-D" D a smallerthan or equal to the E00
Elsa question I] in equal to the E00
Quiz navigation 0 c greater than or equal to the E00.
[a d. greater than the E00.
D e smallerman the E00
The correct answer is greater than the E00
Shaw ma page at a I ma Quzslinn 19 A multiple server queuing system With a Poisson arrival rate and exponential sewice time has an average arrival rate ofrl customers
F m5" ’eVlEW “mm per hour and an average service time of l 8 minutes per customer The minimum number o1 servers required to avoid an overloaded
system lS
Mark 1 DD out ol
1 on
El [_ Select one
on one; Ion
D a 5
D b. 3
D c 4
D d. 1
E e. 2
The correctanswer IS 2
Question 20 The optimum tevel of inspection for quality control is where the'
CDlrEGt
Mark 1 on our ni sale“ ""3
L5" E a sum of total cost of inspection and defectives cost is minimum v lag question -
lfn QuizS
A
Queslinn 21 In the basic EOQ model. illead time increases from ﬁve to 10 days‘ the ECG will.
Cnireot
Mark 1 so out at sale“ “"9
1”" E a. remain the same
“'59 “35”” D [3. increase but not double
D c none ofthese
null nav'gauon D d. decrease by a factor of two
D e, double
The correct answer is remain the same
Question 22 Given the followtng historical data and weights of 5, 3 and ,2, what lS the weighted three-period movrng average forecast for period
Shot ne page at a t me 57
Cnireot '
F his" review
Mark 1 so m at
LDEI I I _ ‘ ‘ _
Elagmsﬁon [- ei'iod \ attic } criml \ :iltic I 3 h’ 3 ] 45'
3 1-1 3 4 144
Select one
D a 144,137
[a b. 144 30
D c 144 20
D d. 143 DO
D e. 144.00
The correct answer is 144 30
V
uestion 23 Given this network- (— Qurl navigation Show one page at a l me
Ems" revrew Queslrnn 23
Coireot Mark 1 ED ourni
tun Era; question Queslrnn 24 Cnirect Mark 1 Gt] outoi
tun mamas“... GNEI‘I this network: The crrticat path forthe network shown is Setect one
[a 3. 172767?
E] b. 1-2-4-7
CI c 17347?
D d 1—4—7
[1 e. 1—3—5—7 The correct answer is 17267? The primary difference between seasonatity and cycles rs Setect one
[a a. the duratron of the repeatrng patterns 0 b. at! of the choices are differences
0 c the magnrtude ofthe varration D d. none ofthe chorces are differences Qurz navigation Shot ne page atalrne
F ms" rewew Queslrnn 25
Cnirect Mark 1 ED actni
tun ﬂaws“... Questrnn 25
Cnirect Mark 1 i:-i1 act at
run 3a Quasian 2? Correct Mark 1 [H] The correct answer is the duralron oi the repeating patterns A Studies on a {Kittie-ﬁling machrne rndicales rtﬁll botﬂes to a mean uf16 ounces With a standard deviation of U 10 ounces. What iar'are
the process speciﬁcatroms). assuming the Cp index of T? Setect one
Q a. 16.0 ounces ptus or minus IJ.3D ounces
D [1010 ounces D 0 none of the choices
0 d. t] 6t] ounces
0 e.16t] ounces The correct answer is 16.0 ounces ptus or minus 0.30 ounces A company is devetoprng a Irnear programming modet for its aggregate production pten. If t: = units in rnventory at the end of perrod t.
P: 2 units produced in period t, and D1: demand rn periudl then ﬁne company's demand constrarnt to ensure that demand rs met in quarterlis
Setectone
Da.D;=|2—|r +P;
Db.D;=I2+lr+P:
Er. D;=t.+P2—tz
Dd.D;=|r+P; The correct answer is D; 2 Ir + P;- 1; There are four activities on the crrtjcat path. Corncidentaltyr. their standard deviatrons are atl equal to 4 The standard devialron of the
cnticat path is therefore equat to' (-1»
a Queslrnn 26
Cﬂlfﬁii Mark 1 DD enrol LED
ﬂea; question
QUIZ navigation
El IEI EI
Show one page at a l me
Ems" rewew Queslrnn 27
Current Mark 1 ED and!
ten Elsa question Quasrmn 28
Current Mark 1 I:-I1 out nl
1GB I: a question A company Is deveioprng a IInear programming modei for its aggregate productron pian, If i; = units In Inventory at the end of perIod t‘
P: = unals produced In period t‘ and D‘ = demand In period I then the company's demand constraInI to ensure ihat demand Is met In
quarler 2 is Seieut one
D a. D;=|37|r +P; [lIxozzlznrJre2
Ea D2=Tr+Pzri2
Dd.D;=Ir+P; The correcl answer IS D; = II + Pz— i; There are {our actiVItIes on the crItIcai path, Corncidentaliy‘ their standard deviatrons are ail equal to 4 The standard deVIalIon of the
Enticai path is therefore equai Io, Seiect one Dal
Deed,
Dun;
Dara
Eeﬁ The uorrecl answer is 3 An operation anaiyst is forecasting Inis yeaI’s demand for one of his company‘s products based on [he loliowrng historrcal data YFAR
Four \‘curs um- QI ‘ANTITY SI )II)
HUM)“ I _.\ (- -
1.1% Mark 1 DD aural mu
Elsa question
Quiz navigation
Show one page at a l me
F ms" renew
Queslron 29
Current Mark 1 no out nl
IDEI (L) Tn hum/moms.mum-mmaudrarmu(Istruizrmimphprmemmoemeaamal=1 . . . . . .‘ A
'I FAR LII A\TIT\ M HI) Four yours: ago HIJIIH) Tlu‘cc you new [EJIUH '1‘“ u _\cal1'.< algu [SJIUU inst your HUM”
What Is W5 year's forecast usIng the teas! squares trend IIne for these data?
Seieut one
5] a, 24 mm
D b, 22 not)
C c zrnoo
D d, 23 not)
C] e. 211000
The correcl answer Is 24.0%
A company Is deveioprng a IInear programman modei for its aggregate producuon pian. If W = workforce sIze tor perIod t H, =
number of workers hired for period I, and Fr = number ofworkers ﬁred for period 1, Ihen Ihe company's workforce Constraint for period
4 Is
Seient one
D 3, W4 =W3—H4+ F4
[1 [3. W4 =w3+ H37 F3
[1 r. W4 : W3+ H4
G d. M =w3+ Hr F.
The uorrecl answer is W4 = W3 + H4 — F4 v MI- - I ..\ - (— (—> TI]httpslfr'mnndIE.(unmi‘tcafrnoodiefmorifquizlreview‘phpT Quzslmn 29 A company is deveioping a linear programming modei for its aggregate production pian. It WK : wurkforce size for period t Hl : A
CW“ number of workers hired for period t and FL = number of workers tired for period L then the company's workforce constraint for period
Mark i DD out pt 4 ‘5
LDEI
E's . Seiect one
9 question
0 a. m =W27H4+ F;
D b W4=W3+Hs—F3
nurz navigation
0 r. W» = W3+ H4
E d. W4ZW3+ H47 F4
The correcl answer IS W4 = W: + H4 - H
Show one page at a l me Quasimn 30 In the singie periud modei: if excess cost is doubie shonege cost the approximate stockout risk, assuming an optimum seraice level‘
F:nis" rewew Correct '53
Mark 1 an out at
I up Seiect one
3.59 We" 53 a '37 Pew-I
D b, 50 percent
0 c 5 percent
0 d. 33 percent
D e. 1130 percent
The correct answer IS 67 percent
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