Exam 1 CMBA Spring 2012 with solutions

Exam 1 CMBA Spring 2012 with solutions - MAN 6501...

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Page 1 of 13 MAN 6501 - Operations Management CMBA Spring 2012 Examination 1 Instructions 1. Give answers up to two decimal points only. 2. This is an open book/open notes examination. Students are required to work individually on the examination. 3. There are 30 questions. Questions 1 through 20 carry 2.5 points each and questions 21 through 30 carry 5.00 points each. 4. This examination carries 25% weight towards the final grade. 5. You have six hours of continuous time to finish the examination from the time you open the examination to take the examination. 6. Good Luck
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Page 2 of 13 Q 1: Operations Management is responsible for increasing the organization’s efficiency, which means the company will be able to __________. a) add to the engineering process b) take for granted current operations c) increase the number of positions under the manager’s position d) eliminate activities that do not add value e) increasing purchasing opportunities Ans: d Q 2: At a factory, the transformation process is a (an) change of raw materials and components into products. a) locational b) imperceptible c) hypothetical d) irreversible e) physical Ans: e Q 3: Operations management is responsible for orchestrating all the resources needed to produce the final product. This includes all of the following except ______________________________________. a) obtaining customer feedback b) arranging schedules c) managing inventory d) controlling quality e) designing work methods Ans: a Q 4: An example of an operation that does not add value is ____________________________. a) removing iron ore from the ground and shipping it to a steel mill b) filling the underground gasoline tanks at a service station c) making a wedding cake d) moving components to a warehouse for storage until the factory needs them e) moving luggage from a cab to the airport ticket counter Ans: d Q 5: Which of the following is an example of a “back room” operation for an airline company? a) serving food and drinks to passengers b) collecting tickets and checking passengers in at the gate c) loading luggage onto the airplane d) demonstrating use of the seat belt and other safety features of the airplane e) assisting passengers in getting off of the plane Ans: c
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Page 3 of 13 Q 6: Which of the following is not true with respect to strategic and tactical decisions? a) tactical decisions focus on more specific day-to-day decisions b) tactical decisions determine the direction for strategic decisions c) tactical decisions provide feedback to strategic decisions d) tactical decisions are made more frequently and routinely e) tactical decisions must be aligned with strategic decisions Ans: b Q 7: The concept of interchangeable parts was introduced by ___________________. a) Adam Smith
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This note was uploaded on 03/14/2012 for the course MAN 6501 taught by Professor Staff during the Spring '08 term at FIU.

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Exam 1 CMBA Spring 2012 with solutions - MAN 6501...

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