q3fall07solution

q3fall07solution - OTM 350 Quiz 3 October 19, 2007...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
OTM 350 Name______________________ Quiz 3 October 19, 2007 Discussion  #_________________ TRUE/FALSE (1 point each) T F 1. Little’s Law tells us that inventory levels and product flow times in a  system are positively related; this means that if one is increased,  the other will also increase (assuming that the throughput rate is  unchanged). T F 2. The theoretical flow time for a product through a process includes  both processing time and waiting time.  T F 3. In Goldratt’s drum-buffer-rope method of production control, the  buffer is placed right in front of the bottleneck resource in a  process.   T F 4. Simulation is a useful tool for designing a new facility, but when the  process is too complex basic mathematical methods will work  better.  T F 5. When building a simulation model, empirical frequency distributions  are used when there is no real data available. 
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 3

q3fall07solution - OTM 350 Quiz 3 October 19, 2007...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online