311SampleMidterm_I Solution

311SampleMidterm_I - Name(please print Section Sample Midterm I BUAD311 Operations Management This exam is comprised of seven pages including this

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Name: (please print) Section: ___________________________________ Sample Midterm I BUAD311 – Operations Management This exam is comprised of seven pages, including this page. The exam is scheduled for 1 hour 50 minutes. There is a total of 100 points on the quiz. This is an open-book, open-notes exam. You may use a simple calculator. No laptops. No PDAs. Show your work. If I cannot tell how you arrived at an answer, you will not receive full credit. An answer with no justification may receive no credit. You must read and sign the following pledge. If you do not read and sign the pledge, your exam may be treated as if you did not turn it in. Honor Code: I pledge my honor that I have not violated the Honor Code during this examination.” X__________________________ 1
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Section A: Multiple Choices [4 pts each] 1. Under same demand and equipment capacity, which of the following may happen when WIP decreases? a) longer throughput time b) higher utilization rate c) higher throughput rate d) bottleneck shifting e) none of the above e) 2. Comparing make-to-order systems and make-to-stock systems, which of the following statement is false? a) Make-to-order systems are more responsive to the customer’s needs. b) Make-to-order systems have less inventory spoilage. c) Make-to-stock systems can fulfill customer demand in a shorter waiting time. d) Make-to-stock systems can have a higher annual utilization rate for seasonal items. e) None of the above. e) 3. Which of the following is not one of the advantages of flexible manufactories? a) Higher utilization rate b) Higher responsiveness in changing demand c) Lower training cost d) Equipment last longer e) None of the above c) 4. Given the feasible region as the shaded area in the following graph and the objective function maximizing (x – y), which of the following statement is true? a)
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This note was uploaded on 09/19/2008 for the course BUAD 311 taught by Professor Vaitsos during the Fall '07 term at USC.

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311SampleMidterm_I - Name(please print Section Sample Midterm I BUAD311 Operations Management This exam is comprised of seven pages including this

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