Exam 2 Key A (2)

Exam 2 Key A (2) - EXAMINATION 2, Version A Use a Scantron...

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EXAMINATION 2, Version A Use a Scantron Form No. 886-E to record your choice of the best answer to each of the following questions. You have the full period to answer the questions. The following questions are worth three (3) points each . 1. JIT considers waste anything that a) Fits in a waste basket b) Reduces production capacity c) Has been discarded d) Cannot be recycled e) Does not add value 2. Which of the following is characteristic of the JIT philosophy? a) Inventories are an asset b) Lot sizes are optimized by formula c) Tolerate some scrap d) Elimination of waste e) Rigidity 3. Three basic elements work together to complete a JIT system: just-in-time manufacturing, total quality management, and a) Quality circles b) Pull production c) Minimizing inventory d) Respect for people e) Full utilization of capacity 4. Which is typically the most difficult data pattern to predict? a) Horizontal b) Trend c) Level d) Seasonality e) Cycle 5. What is the mean absolute deviation of the following forecasts? Month Actual Sales Forecast Abs. Deviation Jan. 614 600 14 Feb. 480 480 0 Mar. 500 550 50 Apr. 500 600 100 a) 3174 164 b) 164 c) 41 MAD: 164÷4=41 d) 136 e) -34 6. The maximum output rate that can be achieved by a facility under ideal conditions is _________________. a) utilization b) design capacity c) effective capacity d) ultimate capacity e) temporary capacity 7. Long-term capacity requirements are identified on the basis of ________________________________. a) the current trend of the economy 1
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b) the expected lifetime of the facility c) demographic factors d) forecasts of future demand e) future political events 8. Service organizations such as restaurants, movie theaters, and banks focus on locating near ____________. a) suppliers b) roads c) intersections d) their customers e) potential workers 9. The load-distance model frequently utilizes distance, which is the shortest distance between two points using only north-south and east-west movements. a)
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Exam 2 Key A (2) - EXAMINATION 2, Version A Use a Scantron...

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