311Final_Sample

311Final_Sample - Name_ Student ID_ Section_ BUAD-311...

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Name______________________________ Student ID______________________________ Section_____________________________ BUAD-311 Operations Management Sample Final Exam Fall 2007 Open Book, Open Notes, No Lap Tops State all your assumptions clearly Make sure that you have 6 pages (Including the cover page) Good Luck VERSION A 1
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Section A: Multiple Choices [4 pts each] 1. Which of the following statement is false? a) Utilization rate should not be greater than 1 b) Customers may wait even if the utilization rate of the service process is smaller than 100% c) Non-bottleneck resource(s) may become bottleneck resources if we increase capacity of the bottleneck; d) It is always better to postpone the decision about capacity investment under demand uncertainty e) None of the above 2. Which of the following statement is correct? a) Exponential smoothing method should be used when seasonality exists b) Exponential smoothing method is superior to moving average method c) Linear regression is a quantitative forecast method d) Market research is a quantitative forecast method e) None of the above 3. An M/M/5 system has a) a queue capacity of 5 b) more variability compared to the M/D/5 system. c) a single server d) arrival time following normal distribution e) service time following normal distribution 4. Which of the following statement is false? a)
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311Final_Sample - Name_ Student ID_ Section_ BUAD-311...

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