Points Awarded 5.00
Points Missed 0.00
Percentage 100%
1. The reorder point is the inventory level at which action is taken to replenish the stocked item.
A) True
B) False
Points Earned: 1.0/1.0
Correct Answer(s): True
2. The fixed-period inventory model
Points Awarded 100.00
Points Missed 0.00
Percentage 100%
1. The expected activity time in PERT analysis is calculated as
A) the simple average of the optimistic, pessimistic, and most likely times
B) the weighted average of a, m, and b, with m weighted 4
Points Awarded 5.00
Points Missed 0.00
Percentage 100%
1. The use of part-time workers as an aggregate planning option may be less costly than using full-time workers,
but may also reduce quality levels.
A) True
B) False
Points Earned: 1.0/1.0
Correct Ans
CHAPTER 12: Example 8
Inventory
Production Order Quantity Model
Enter the data in the shaded area. You may have to do some work to enter the
daily production rate.
Data
Demand rate, D
Setup cost, S
Holding cost, H
Daily production rate, p
Daily demand rat
Points Awarded 5.00
Points Missed 0.00
Percentage 100%
1. Developing long-term, "partnering" relationships with a few suppliers is a long-standing American purchasing
strategy.
A) True
B) False
Points Earned: 1.0/1.0
Correct Answer(s): False
2. The bullwh
Points Awarded 5.00
Points Missed 0.00
Percentage 100%
1. Technology, location, and layout decisions are all possible constraints on the human resource strategy.
A) True
B) False
Points Earned: 1.0/1.0
Correct Answer(s): True
2. Job rotation is an example
Points Awarded 5.00
Points Missed 0.00
Percentage 100%
1. The phrase Six Sigma has two meanings. One is statistical, referring to an extremely high process capability; the
other is a comprehensive system for achieving and sustaining business success.
A) T
CHAPTER 15
DISCUSSION QUESTIONS
1.
Five priority sequencing rules are:
n First come, first served (FCFS); or First in, first out (FIFO): Jobs are sequenced in the order in
which they arrive at the workstation.
n Earliest due date (EDD): Jobs are sequenced
CHAPTER 12S
DISCUSSION QUESTIONS
4.
A pull system is a JIT system that moves material only as it is needed. A push system sends
material to the next workstation at the convenience of the sender, not as it is needed. Thus the
inventory level can get very l
CHAPTER 12
DISCUSSION QUESTIONS
1.
The advent of low-cost computing should not be seen as obviating the need for the ABC
inventory classification scheme. Although the cost of computing has decreased considerably, the
cost of data acquisition has not decre
Points Awarded 5.00
Points Missed 0.00
Percentage 100%
1. Lead times, inventory availability, and purchase orders outstanding are among the five things operations
managers must know for effective use of MRP.
A) True
B) False
Points Earned: 1.0/1.0
Correct
Points Awarded 5.00
Points Missed 0.00
Percentage 100%
1. Hidden problems are generally uncovered during the process of reducing inventory.
A) True
B) False
Points Earned: 1.0/1.0
Correct Answer(s): True
2. Level scheduling means producing at a constant r
Points Awarded 95.00
Points Missed 5.00
Percentage 95.0%
1. Disaggregation is the process of breaking the aggregate plan into greater detail; one example of this detail is the
Master Production Schedule.
A) True
B) False
Points Earned: 5.0/5.0
Correct Ans
Points Awarded 100.00
Points Missed 0.00
Percentage 100%
1. For most, if not all organizations, quality is a tactical rather than a strategic issue.
A) True
B) False
Points Earned: 5.0/5.0
Correct Answer(s): False
2. Of the several determinants of service
Points Awarded 5.00
Points Missed 0.00
Percentage 100%
1. One guideline for determining the arrangement and space allocation of a retail store is to place high-impulse and
high-margin items such as housewares and beauty aids in prominent locations.
A) Tru
Points Awarded 5.00
Points Missed 0.00
Percentage 100%
1. FedEx chose Memphis, Tennessee, as its U.S. hub because
A) the city is in the center of the U.S., geographically
B) the airport has relatively few hours of bad weather closures
C) it needed a means
Points Awarded 100.00
Points Missed 0.00
Percentage 100%
1. Computer monitoring of tracking signals and self-adjustment if a signal passes a preset limit is characteristic of
A) exponential smoothing including trend
B) adaptive smoothing
C) trend projecti
Points Awarded 10.00
Points Missed 0.00
Percentage 100%
1. In PERT analysis, the identification of the critical path can be incorrect if a noncritical activity takes
substantially more than its expected time.
A) True
B) False
Points Earned: 1.0/1.0
Correc
Points Awarded 5.00
Points Missed 0.00
Percentage 100%
1. A foundry produces circular utility access hatches (manhole covers). Currently, 120 covers are produced in a 10hour shift. If labor productivity can be increased by 20%, it would then be
A) 14.4 co
Points Awarded 145.00
Points Missed 5.00
Points Ungraded 40.00
1. The impact of strategies on the general direction and basic character of a company is
A) short range
B) medium range
C) long range
D) temporal
E) minimal
Points Earned: 5.0/5.0
Correct Answ
CHAPTER 11
DISCUSSION QUESTIONS
4.
The adversarial relationship must be changed dramatically to one of trust and the establishment of
long-term relationships.
6.
An organization moving to JIT deliveries must ensure that the supplier is capable of deliveri
CHAPTER 9
DISCUSSION QUESTIONS
4.
(a)
(b)
5.
(a)
(b)
The advantages of a product layout are:
n
The use of special purpose equipment can make the overall process more efficient
n
Individual workloads can usually be made to be relatively equivalent
n
It usu
Chapter 12: Example 3
Inventory
Economic Order Quantity Model
Enter the data in the shaded area
Data
Demand rate, D
Setup cost, S
Holding cost, H
Unit Price, P
Daily demand rate
Lead time in days
1000
10
0.5 (fixed amount)
Inventory: Cost vs Quantity
2 50
CHAPTER 12: Example 1
Inventory
ABC Analysis
Enter the unit costs and the unit volumes into the shaded data area. NOTE: The dollar volume in column F (but not
in column L) is adjusted to prevent ties.
Data
Dollar
Volume Rank Item
1 10286
2 11526
3 12760
4
TEST
Forecasting Multiple regression
Enter the data in the shaded area. To get a forecast use the shaded data area at the bottom left of the sheet.
Data Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Coefficients Forecast
Y
x 1
Err:502 Err:502
Err:
CHAPTER 4: Example 9
Forecasting
12 seasons
Data
Period
Period 1
Period 2
Period 3
Period 4
Period 5
Period 6
Period 7
Period 8
Period 9
Period 10
Period 11
Period 12
Period 13
Period 14
Period 15
Period 16
Period 17
Period 18
Period 19
Period 20
Period 2
CHAPTER 4: Example 8
Forecasting Regression/Trend analysis
If this is trend analysis then simply enter the past demands in the demand column. If this is causal regression then enter the y,x pairs with y first and enter a new value of x at the bottom in or
CHAPTER 4: Example 7
Forecasting
Trend adjusted exponential smoothing
Enter alpha and beta (between 0 and 1), enter the past demands in the shaded column then enter a
starting forecast. If the starting forecast is not in the first period then delete the e
CHAPTER 4: Example 4 (alpha = 0.5)
Enter alpha (between 0 and 1), enter the past demands in the shaded column then enter a starting
forecast. If the starting forecast is not in the first period then delete the error analysis for all rows above
Forecasting