{"id":118172,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/bus-515-final-exam-part-1-four-versions-100-questions"},"modified":"2017-08-12T06:55:03","modified_gmt":"2017-08-12T06:55:03","slug":"bus-515-final-exam-part-1-four-versions-100-questions","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/bus-515-final-exam-part-1-four-versions-100-questions\/","title":{"rendered":"BUS 515 FINAL EXAM PART 1 (FOUR VERSIONS) 100 QUESTIONS"},"content":{"rendered":"<p>Question 1<\/p>\n<p>In what area does General Motors earn its highest return on capital?<\/p>\n<p>selling cars<\/p>\n<p>selling logo merchandise<\/p>\n<p>financing<\/p>\n<p>selling racing&nbsp;<\/p>\n<p>post-sales parts and service&nbsp;<\/p>\n<p>Question 2<\/p>\n<p>A key feature of scientific management is that workers are limited only by __________.<\/p>\n<p>machinery<\/p>\n<p>co-workers<\/p>\n<p>their job description<\/p>\n<p>their tools<\/p>\n<p>their physical ability<\/p>\n<p>Question 3<\/p>\n<p>Decisions regarding which of the following are not part of the production process structure?<\/p>\n<p>management policies<\/p>\n<p>facilities<\/p>\n<p>robots<\/p>\n<p>flow of goods and services through the facility<\/p>\n<p>flexible manufacturing system (FMS) machines<\/p>\n<p>Question 4<\/p>\n<p>Suppose that a plant has a daily productivity of 0.85 parts per employee? What can we conclude?&nbsp;<\/p>\n<p>the plant must be very labor-intensive<\/p>\n<p>the plant is not earning profits<\/p>\n<p>the plant must be highly automated<\/p>\n<p>the plant should lay off workers<\/p>\n<p>nothing<\/p>\n<p>Question 5<\/p>\n<p>Highly labor intensive services are called _____________ .<\/p>\n<p>pure services<\/p>\n<p>mixed services<\/p>\n<p>mixed manufacturing<\/p>\n<p>quasi-manufacturing<\/p>\n<p>quasi-services<\/p>\n<p>Question 6<\/p>\n<p>What is a type of automation system that provides the flexibility of intermittent operations with the efficiency of repetitive operations?<\/p>\n<p>CAD<\/p>\n<p>AGV<\/p>\n<p>AS\/RS<\/p>\n<p>FMS<\/p>\n<p>CAM<\/p>\n<p>Question 7<\/p>\n<p>Which of the following is not an argument in favor of having multiple suppliers?<\/p>\n<p>The Just-in-time philosophy can be better utilized.<\/p>\n<p>Supplier capacity is less important.<\/p>\n<p>Volume flexibility is obtained.<\/p>\n<p>Risks may be spread.<\/p>\n<p>New suppliers may more easily be tested.<\/p>\n<p>Question 8<\/p>\n<p>A constant concern within purchasing departments is the issue of ethics in managing _______________.<\/p>\n<p>customers<\/p>\n<p>web sites<\/p>\n<p>inventory<\/p>\n<p>suppliers<\/p>\n<p>entry-level employees<\/p>\n<p>Question 9<\/p>\n<p>Increases in international trade during the 1980s created a need for the development of ____________ standards of quality.<\/p>\n<p>universal<\/p>\n<p>country-specific<\/p>\n<p>lower<\/p>\n<p>metric<\/p>\n<p>bilingual<\/p>\n<p>Question 10<\/p>\n<p>For a cause-and-effect diagram, causes could be related to all of the following except<\/p>\n<p>Analysis<\/p>\n<p>Materials<\/p>\n<p>Measurements<\/p>\n<p>Machines<\/p>\n<p>Workers<\/p>\n<p>Question 11<\/p>\n<p>What are preset ranges of acceptable quality characteristics?<\/p>\n<p>Control limits.<\/p>\n<p>Product specifications.<\/p>\n<p>Six-sigma limits.<\/p>\n<p>AQC limits.<\/p>\n<p>R-chart limits.<\/p>\n<p>Question 12<\/p>\n<p>What measures the central tendency of a set of data?<\/p>\n<p>Coefficient of variation<\/p>\n<p>Variance<\/p>\n<p>Standard deviation<\/p>\n<p>Mean<\/p>\n<p>Range<\/p>\n<p>Question 13<\/p>\n<p>Causes of variation that can be identified and eliminated are called what?<\/p>\n<p>Random<\/p>\n<p>Assignable<\/p>\n<p>Identifiable<\/p>\n<p>Stochastic<\/p>\n<p>Common<\/p>\n<p>Question 14<\/p>\n<p>What are the two types of control charts for attributes?<\/p>\n<p>p and c<\/p>\n<p>x-bar and p<\/p>\n<p>x-bar and R<\/p>\n<p>R and c<\/p>\n<p>p and R<\/p>\n<p>Question 15<\/p>\n<p>The Six Sigma approach is organized around a _______ plan known as ________.<\/p>\n<p>four step, PDAC<\/p>\n<p>four step, DMAC<\/p>\n<p>five step PDACR<\/p>\n<p>five step DMAIC<\/p>\n<p>five step, DMCRA<\/p>\n<p>Question 16<\/p>\n<p>With JIT a company\u2019s relationship with its suppliers includes<\/p>\n<p>Competitive bidding<\/p>\n<p>Being in partnership with them<\/p>\n<p>Buying parts from the cheapest supplier<\/p>\n<p>Short-term relationships<\/p>\n<p>Having as many suppliers as possible<\/p>\n<p>Question 17<\/p>\n<p>Quality in just-in-time is centered on building quality into the<\/p>\n<p>Product&nbsp;<\/p>\n<p>Maintenance of equipment<\/p>\n<p>Process<\/p>\n<p>Distribution system<\/p>\n<p>Workforce<\/p>\n<p>Question 18<\/p>\n<p>What is the term for an adjustment of a machine after making one product type so that production can begin for another product type?<\/p>\n<p>Level assembly schedule<\/p>\n<p>Group technology<\/p>\n<p>Setup<\/p>\n<p>Cycle time<\/p>\n<p>Automation<\/p>\n<p>Question 19<\/p>\n<p>One of the greatest benefits of JIT would be<\/p>\n<p>increasing waste and improving responsiveness<\/p>\n<p>longer lead times and increased productivity<\/p>\n<p>decreased machine utilization and improved quality<\/p>\n<p>competing based on schedules<\/p>\n<p>eliminating waste, improving responsiveness and competing based on time<\/p>\n<p>Question 20<\/p>\n<p>The role of production employees in JIT includes all of the following except<\/p>\n<p>Be actively engaged in improving the production process<\/p>\n<p>Monitor quality<\/p>\n<p>Record data<\/p>\n<p>Follow clearly defined and limiting work rules<\/p>\n<p>Act on the information they have<\/p>\n<p>Question 21<\/p>\n<p>The OM supervisor informs you, the researcher, that the data has a large standard deviation. What data pattern would you expect to observe once you generated a time series trend?<\/p>\n<p>horizontal<\/p>\n<p>seasonal&nbsp;<\/p>\n<p>positive\/negative trend<\/p>\n<p>cycle<\/p>\n<p>insufficient information to derive a valid response<\/p>\n<p>Question 22<\/p>\n<p>Which of the following is a causal forecasting method?<\/p>\n<p>Na\u00efve<\/p>\n<p>Moving average<\/p>\n<p>Weighted moving average<\/p>\n<p>Trend adjusted exponential smoothing<\/p>\n<p>Linear regression<\/p>\n<p>Question 23<\/p>\n<p>What does the linear regression line do?<\/p>\n<p>Minimizes sum of errors<\/p>\n<p>Minimizes product of squared errors<\/p>\n<p>Minimizes sum of squared errors<\/p>\n<p>Minimizes product of errors<\/p>\n<p>Minimizes sum of absolute value of errors<\/p>\n<p>Question 24<\/p>\n<p>Qualitative forecasting methods<\/p>\n<p>are made objectively by the forecaster<\/p>\n<p>are made subjectively by the forecaster<\/p>\n<p>are made using existing data sources<\/p>\n<p>are based on mathematical models<\/p>\n<p>are only used in parallel with quantitative models<\/p>\n<p>Question 25<\/p>\n<p>Suppose that you are using the four-period simple moving average method to forecast sales, and sales have been decreasing by 10% every period. How will your forecasts perform?<\/p>\n<p>Forecasts will be lower than actual.<\/p>\n<p>Forecasts will be higher than actual.<\/p>\n<p>Forecasts will equal actual.<\/p>\n<p>Forecasts will be increasing.<\/p>\n<p>Forecasts will be decreasing by 2.5% every period.<\/p>\n<p>VERSION 2<\/p>\n<p>Question 1&nbsp;<\/p>\n<p>Operations management personnel perform a variety of functions, including all of the following except ___________________.<\/p>\n<p>analyzing production problems<\/p>\n<p>analyzing potential mergers<\/p>\n<p>developing forecasts<\/p>\n<p>developing employee schedules<\/p>\n<p>monitoring inventory<\/p>\n<p>Question 2&nbsp;<\/p>\n<p>Which of the following concepts is linked the least with Henry Ford?<\/p>\n<p>scientific management<\/p>\n<p>mass production<\/p>\n<p>mass customization<\/p>\n<p>technology<\/p>\n<p>interchangeable parts<\/p>\n<p>Question 3&nbsp;<\/p>\n<p>What are the two key components of the operations strategy of Federal Express?<\/p>\n<p>they own their own fleet of tractor trailers, and they use a sophisticated bar code technology<\/p>\n<p>they own their own fleet of tractor trailers, and they have a large warehouse in every state<\/p>\n<p>they own their own fleet of airplanes, and they have a large warehouse in every state<\/p>\n<p>they use a sophisticated bar code technology, and they have a large warehouse in every state<\/p>\n<p>they own their own fleet of airplanes, and they use a sophisticated bar code technology<\/p>\n<p>Question 4&nbsp;<\/p>\n<p>A manager has just replaced three workers with a machine that is cheaper to operate than the cost of the three replaced workers. Output is expected to remain the same. Which of the following is true?<\/p>\n<p>labor productivity will decrease<\/p>\n<p>machine productivity will increase<\/p>\n<p>multifactor productivity will decrease<\/p>\n<p>multifactor productivity will increase<\/p>\n<p>the value of output will decrease<\/p>\n<p>Question 5&nbsp;<\/p>\n<p>Which type of operational function represents an Assemble-to-Order?<\/p>\n<p>wedding invitations<\/p>\n<p>corporate training<\/p>\n<p>vacation packages<\/p>\n<p>airline flights<\/p>\n<p>legal services<\/p>\n<p>Question 6&nbsp;<\/p>\n<p>Vertical integration is a good strategic option for a manufacturing company when<\/p>\n<p>it uses distributed processing<\/p>\n<p>it needs one input material in large volumes<\/p>\n<p>its facilities are obsolete<\/p>\n<p>it needs several different parts and subassemblies<\/p>\n<p>it makes many different products<\/p>\n<p>Question 7&nbsp;<\/p>\n<p>Which of the following is least likely to be a benefit of implementing barcode scanners at retail store checkout registers?<\/p>\n<p>Improved forecasting<\/p>\n<p>More efficient packaging of customer orders<\/p>\n<p>Improved inventory control<\/p>\n<p>Faster checkout for customers<\/p>\n<p>More accurate checkout for customers<\/p>\n<p>Question 8&nbsp;<\/p>\n<p>Which type of technology provides \u201cpoint-of-sale information?\u201d<\/p>\n<p>Automatic guided vehicles (AGV)<\/p>\n<p>Automatic storage and retrieval systems (ASRS)<\/p>\n<p>Barcode scanners<\/p>\n<p>Flexible manufacturing systems (FMS)<\/p>\n<p>Computer aided design\/computer aided manufacturing (CAD\/CAM)<\/p>\n<p>Question 9&nbsp;<\/p>\n<p>Which of the following is not attributed to Philip Crosby?<\/p>\n<p>The concept of the quality trilogy<\/p>\n<p>The phrase \u201cDo it right the first time.\u201d<\/p>\n<p>Stressed the idea of prevention of defects<\/p>\n<p>The notion of zero defects<\/p>\n<p>The phrase \u201cQuality is free.\u201d<\/p>\n<p>Question 10&nbsp;<\/p>\n<p>The Japanese term for continuous improvement is<\/p>\n<p>Poka-yoke<\/p>\n<p>Kaizen<\/p>\n<p>Kanban<\/p>\n<p>Muda<\/p>\n<p>Automation<\/p>\n<p>Question 11&nbsp;<\/p>\n<p>P-charts are used to measure:<\/p>\n<p>continuous variation<\/p>\n<p>intermittent random variation<\/p>\n<p>proportion of items in a sample that is defective<\/p>\n<p>the count of defective parts<\/p>\n<p>proportion of items in a sample that are good<\/p>\n<p>Question 12&nbsp;<\/p>\n<p>What is a graph that shows the probability or chance of accepting a lot given various proportions of defects in the lot?<\/p>\n<p>S curve<\/p>\n<p>Z-chart<\/p>\n<p>OC curve<\/p>\n<p>p-chart<\/p>\n<p>R-chart<\/p>\n<p>Question 13&nbsp;<\/p>\n<p>Six-sigma quality implies how many average defects per million?<\/p>\n<p>3.4<\/p>\n<p>6<\/p>\n<p>2600<\/p>\n<p>3\u03c3<\/p>\n<p>6\u03c3<\/p>\n<p>Question 14&nbsp;<\/p>\n<p>The range is an example of what?<\/p>\n<p>Traditional statistical tools<\/p>\n<p>Fishbone diagramming<\/p>\n<p>Acceptance sampling<\/p>\n<p>Experimental design<\/p>\n<p>Statistical process control<\/p>\n<p>Question 15&nbsp;<\/p>\n<p>Single sampling plan is when&nbsp;<\/p>\n<p>a non-random sample is drawn from every lot.<\/p>\n<p>a random sample is drawn from every lot.<\/p>\n<p>a second lot is sampled due to the first sample inconclusive results.<\/p>\n<p>only one time is tested.<\/p>\n<p>a sample plan used once and discarded<\/p>\n<p>Question 16&nbsp;<\/p>\n<p>The ultimate goal of JIT is to produce products in a lot size of<\/p>\n<p>100 or fewer<\/p>\n<p>N = (DT(1+X))\/C<\/p>\n<p>The inverse of the carrying cost<\/p>\n<p>One<\/p>\n<p>The capacity of the factory<\/p>\n<p>Question 17&nbsp;<\/p>\n<p>JIT is often mistakenly assumed to&nbsp;<\/p>\n<p>refer to the final assembly schedule only<\/p>\n<p>dictate the product standards specification<\/p>\n<p>refer to only just-in-time manufacturing<\/p>\n<p>be a core element of ISO 9000 requirements<\/p>\n<p>be driven by the finance department long range spending plan<\/p>\n<p>Question 18&nbsp;<\/p>\n<p>The manufacturing process in JIT starts with the<\/p>\n<p>final assembly schedule<\/p>\n<p>schedules for individual machines<\/p>\n<p>vendor deliveries<\/p>\n<p>prioritization of lots<\/p>\n<p>forward scheduling<\/p>\n<p>Question 19&nbsp;<\/p>\n<p>JIT is a __________ system.<\/p>\n<p>Pull<\/p>\n<p>Push<\/p>\n<p>Lead time<\/p>\n<p>Preventive maintenance<\/p>\n<p>Closed<\/p>\n<p>Question 20&nbsp;<\/p>\n<p>_________ are groups of workers who are responsible for every aspect of their business.<\/p>\n<p>Focus teams<\/p>\n<p>Staff departments<\/p>\n<p>Partnerships<\/p>\n<p>Self-managed teams<\/p>\n<p>Negotiators<\/p>\n<p>Question 21&nbsp;<\/p>\n<p>Which of the following is not a step in Forecasting Seasonality?<\/p>\n<p>Calculate a seasonal index for each season of each year<\/p>\n<p>Divide this year\u2019s average seasonal demand by each average seasonal index<\/p>\n<p>Average the indexes by season<\/p>\n<p>Forecast demand for the next year and divide by the number of seasons<\/p>\n<p>Calculate the average demand per season<\/p>\n<p>Question 22&nbsp;<\/p>\n<p>A causal research model is based on the assumption that<\/p>\n<p>the independent variable is related to the dependent variable<\/p>\n<p>there is a relationship between the time series and the dependent variable<\/p>\n<p>the variable being forecast is related to other variables in the environment<\/p>\n<p>there is a relationship between the time series and the independent variable<\/p>\n<p>the information is contained in a time series of data<\/p>\n<p>Question 23&nbsp;<\/p>\n<p>Which of the following is a causal forecasting method?<\/p>\n<p>Na\u00efve<\/p>\n<p>Moving average<\/p>\n<p>Weighted moving average<\/p>\n<p>Trend adjusted exponential smoothing<\/p>\n<p>Linear regression<\/p>\n<p>Question 24&nbsp;<\/p>\n<p>One quantitative forecasting models limitation is<\/p>\n<p>it is objective<\/p>\n<p>they are consistent<\/p>\n<p>they are based on mathematical formulas<\/p>\n<p>they are limited on the quality of available data<\/p>\n<p>they can work around bad data<\/p>\n<p>Question 25&nbsp;<\/p>\n<p>What is a tracking signal used for?<\/p>\n<p>To identify trends in actual data<\/p>\n<p>To identify seasonality in actual data<\/p>\n<p>To identify the effect of business cycles on actual data<\/p>\n<p>To compute the value of the smoothing constant, \u03b1, for exponential smoothing<\/p>\n<p>To identify forecast bias<\/p>\n<p>Version 3<\/p>\n<p>Chapter 6<\/p>\n<p>Multiple Choice Question 19<\/p>\n<p>What measures the central tendency of a set of data?<\/p>\n<p>Coefficient of variation<\/p>\n<p>Variance<\/p>\n<p>Standard deviation<\/p>\n<p>Mean<\/p>\n<p>Range<\/p>\n<p>Multiple Choice Question 39<\/p>\n<p>Consider a p-chart measuring the percentage of defective light bulbs. If the LCL is .04 and a sample has 1% defects, what is the implication?<\/p>\n<p>The process is in a state of control.<\/p>\n<p>The process is out of control even though the variation is \u201cgood.\u201d<\/p>\n<p>The value of sigma must be increased.<\/p>\n<p>The process has too many errors.<\/p>\n<p>A calculation error must have occurred.<\/p>\n<p>Multiple Choice Question 16<\/p>\n<p>An OC curve is an example of what?<\/p>\n<p>Traditional statistical tools<\/p>\n<p>Fishbone diagramming<\/p>\n<p>Acceptance sampling<\/p>\n<p>Experimental design<\/p>\n<p>Statistical process control<\/p>\n<p>Multiple Choice Question 25<\/p>\n<p>On a control chart, what separates common from assignable causes of variation?<\/p>\n<p>x-bar lines<\/p>\n<p>Control limits<\/p>\n<p>Specification limits<\/p>\n<p>Production limits<\/p>\n<p>Mean divided by standard deviation<\/p>\n<p>Multiple Choice Question 41<\/p>\n<p>What are preset ranges of acceptable quality characteristics?<\/p>\n<p>Control limits.<\/p>\n<p>Product specifications.<\/p>\n<p>Six-sigma limits.<\/p>\n<p>AQC limits.<\/p>\n<p>R-chart limits.<\/p>\n<p>Chapter 7<\/p>\n<p>Multiple Choice Question 26<\/p>\n<p>According to JIT, __________ is carried to cover up a wide variety of problems, such as poor quality, demand uncertainty, and slow delivery.<\/p>\n<p>Inventory<\/p>\n<p>Excess capacity<\/p>\n<p>A group of back-up workers<\/p>\n<p>Spare equipment<\/p>\n<p>Insurance<\/p>\n<p>Multiple Choice Question 65<\/p>\n<p>Which of the following is not a role of JIT management?<\/p>\n<p>creating a JIT culture<\/p>\n<p>cost and information sharing<\/p>\n<p>serving as coaches and facilitators<\/p>\n<p>developing an incentive system<\/p>\n<p>ensuring multifunctional training occurs<\/p>\n<p>Multiple Choice Question 36<\/p>\n<p>JIT uses a pull system where communication starts with either the customer or with the _________ work station in the production line.<\/p>\n<p>First<\/p>\n<p>Bottleneck<\/p>\n<p>Dominant<\/p>\n<p>Most expensive<\/p>\n<p>Last<\/p>\n<p>Multiple Choice Question 61<\/p>\n<p>JIT production workers are expected to<\/p>\n<p>Cover up quality problems<\/p>\n<p>Ignore data<\/p>\n<p>Take responsibility in getting to the root cause of quality problems<\/p>\n<p>Blame problems on someone else<\/p>\n<p>Have a poor attitude about quality<\/p>\n<p>Multiple Choice Question 70<\/p>\n<p>The benefits of long-term relationships with a small number of suppliers include all of the following except<\/p>\n<p>Always getting the lowest price<\/p>\n<p>Focus on improving process controls<\/p>\n<p>Greater accountability<\/p>\n<p>Develop stable delivery schedules<\/p>\n<p>Eliminate paperwork<\/p>\n<p>Chapter 8<\/p>\n<p>Multiple Choice Question 1<\/p>\n<p>Forecasting is not a function which contributes to:<\/p>\n<p>deciding which business market to pursue<\/p>\n<p>deciding which product to produce<\/p>\n<p>deciding how bonuses should be allocated<\/p>\n<p>deciding how much inventory to carry<\/p>\n<p>deciding how many people to hire<\/p>\n<p>Multiple Choice Question 10<\/p>\n<p>Which forecasting method is particularly good for predicting technological changes and scientific advances?<\/p>\n<p>Market research<\/p>\n<p>Executive opinion<\/p>\n<p>Delphi method<\/p>\n<p>Na\u00efve method<\/p>\n<p>Gamma method<\/p>\n<p>Multiple Choice Question 30<\/p>\n<p>What are the most frequently used forecasting techniques?<\/p>\n<p>Linear regression<\/p>\n<p>Simple mean<\/p>\n<p>Exponential smoothing<\/p>\n<p>Weighted moving average<\/p>\n<p>Econometric models<\/p>\n<p>Multiple Choice Question 17<\/p>\n<p>Which of the following is a causal forecasting method?<\/p>\n<p>Na\u00efve<\/p>\n<p>Moving average<\/p>\n<p>Weighted moving average<\/p>\n<p>Trend adjusted exponential smoothing<\/p>\n<p>Linear regression<\/p>\n<p>Multiple Choice Question 74<\/p>\n<p>\u201cInside information\u201d is most likely garnered through which of the following forecasting methods?<\/p>\n<p>exponential smoothing<\/p>\n<p>seasonal indexes<\/p>\n<p>na\u00efve<\/p>\n<p>Delphi<\/p>\n<p>multiple regression<\/p>\n<p>Chapter 9<\/p>\n<p>Multiple Choice Question 56<\/p>\n<p>The least likely reason for a U.S. firm to choose to locate a factory in a foreign country is _____________.<\/p>\n<p>climate<\/p>\n<p>natural resources<\/p>\n<p>markets<\/p>\n<p>cheaper suppliers<\/p>\n<p>lower labor costs<\/p>\n<p>Multiple Choice Question 55<\/p>\n<p>Issues that need to be considered in location globally include all of the following except______________.<\/p>\n<p>different cultures<\/p>\n<p>FEC accounting requirements<\/p>\n<p>language barriers<\/p>\n<p>different laws<\/p>\n<p>different business practices<\/p>\n<p>Multiple Choice Question 6<\/p>\n<p>Capacity planning is complicated by the fact that ___________________.<\/p>\n<p>capital markets are complex<\/p>\n<p>existing facilities may become obsolete<\/p>\n<p>capacity is difficult to define<\/p>\n<p>capacity is usually purchased in chunks, rather than smooth increments<\/p>\n<p>depreciation must be calculated<\/p>\n<p>Multiple Choice Question 44<\/p>\n<p>Service organizations such as restaurants, movie theaters, and banks focus on locating near ____________.<\/p>\n<p>suppliers&nbsp;<\/p>\n<p>roads<\/p>\n<p>intersections<\/p>\n<p>their customers<\/p>\n<p>potential workers<\/p>\n<p>Multiple Choice Question 25<\/p>\n<p>Management has decided to add capacity incrementally in smaller chunks as needed, rather than purchasing one large facility. This decision ____________________.<\/p>\n<p>is very risky<\/p>\n<p>will result in low initial costs<\/p>\n<p>will ultimately result in lower costs per unit if demand increases rapidly<\/p>\n<p>positions the company to be well prepared for high demand in the future<\/p>\n<p>can lead to a large amount of excess capacity<\/p>\n<p>Chapter 10<\/p>\n<p>Multiple Choice Question 34<\/p>\n<p>The first step in designing a layout is<\/p>\n<p>identifying the facility<\/p>\n<p>gathering information<\/p>\n<p>selecting the correct layout software package<\/p>\n<p>developing a REL chart<\/p>\n<p>developing a from-to matrix<\/p>\n<p>Multiple Choice Question 65<\/p>\n<p>What is the term for a system in which the product being worked on is physically attached to the line and automatically moved to the next station when the cycle time has elapsed?<\/p>\n<p>cyclical line<\/p>\n<p>paced line<\/p>\n<p>autoline<\/p>\n<p>continuous line<\/p>\n<p>constrained line<\/p>\n<p>Multiple Choice Question 4<\/p>\n<p>Which of the following is not one of the four basic layout types?<\/p>\n<p>product<\/p>\n<p>hybrid<\/p>\n<p>process<\/p>\n<p>fixed position<\/p>\n<p>inverted&nbsp;<\/p>\n<p>Multiple Choice Question 27<\/p>\n<p>Which company is widely considered to be the leader of just-in-time production?<\/p>\n<p>Ford<\/p>\n<p>Timex<\/p>\n<p>Gateway<\/p>\n<p>Toyota<\/p>\n<p>Sony<\/p>\n<p>Multiple Choice Question 24<\/p>\n<p>A high-volume paper mill is an example of which layout type?&nbsp;<\/p>\n<p>inverted<\/p>\n<p>circular<\/p>\n<p>process<\/p>\n<p>fixed position<\/p>\n<p>product<\/p>\n<p>VERSION 4<\/p>\n<p>Multiple Choice Question 53<\/p>\n<p>In six-sigma programs, individuals who have extensive training in the use of technical tools and are responsible for carrying out the implementation of Six Sigma are __________________.<\/p>\n<p>black belts<\/p>\n<p>green belts<\/p>\n<p>blue belts<\/p>\n<p>red belts<\/p>\n<p>white belts<\/p>\n<p>Multiple Choice Question 63<\/p>\n<p>Suppose that you want to measure the percentage of candles that are cut longer than 9 inches. Which control chart would be appropriate?<\/p>\n<p>x-bar chart<\/p>\n<p>c-chart<\/p>\n<p>OC chart<\/p>\n<p>p-chart<\/p>\n<p>R-chart<\/p>\n<p>Multiple Choice Question 9<\/p>\n<p>A process chart is a<\/p>\n<p>graph that shows how the population was evaluated<\/p>\n<p>graph of the population failures<\/p>\n<p>graph that shows whether a sample of data falls within assignable causes<\/p>\n<p>graph that show whether a sample falls within the common or normal range<\/p>\n<p>table showing final inspection results<\/p>\n<p>Multiple Choice Question 15<\/p>\n<p>A c-chart is an example of what?<\/p>\n<p>Traditional statistical tools<\/p>\n<p>Fishbone diagramming<\/p>\n<p>Acceptance sampling<\/p>\n<p>Experimental design<\/p>\n<p>Statistical process control<\/p>\n<p>Multiple Choice Question 39<\/p>\n<p>Consider a p-chart measuring the percentage of defective light bulbs. If the LCL is .04 and a sample has 1% defects, what is the implication?<\/p>\n<p>The process is in a state of control.<\/p>\n<p>The process is out of control even though the variation is \u201cgood.\u201d<\/p>\n<p>The value of sigma must be increased.<\/p>\n<p>The process has too many errors.<\/p>\n<p>A calculation error must have occurred.<\/p>\n<p>Multiple Choice Question 71<\/p>\n<p>Which of the following is not a good approach for suppliers who are providing JIT services to manufacturers?<\/p>\n<p>Use the \u201cpush system\u201d for deliveries<\/p>\n<p>Locate near their customers<\/p>\n<p>Have small warehouses near the manufacturing plant<\/p>\n<p>Use standardized containers<\/p>\n<p>Join together with other suppliers to help each other make small deliveries<\/p>\n<p>Multiple Choice Question 18<\/p>\n<p>By focusing on __________ processes, JIT is able to achieve high-volume production of high-quality, low-cost products.<\/p>\n<p>downstream<\/p>\n<p>upstream<\/p>\n<p>change-over<\/p>\n<p>gateway<\/p>\n<p>value-added<\/p>\n<p>Multiple Choice Question 36<\/p>\n<p>JIT uses a pull system where communication starts with either the customer or with the _________ work station in the production line.<\/p>\n<p>First<\/p>\n<p>Bottleneck<\/p>\n<p>Dominant<\/p>\n<p>Most expensive<\/p>\n<p>Last<\/p>\n<p>Multiple Choice Question 49<\/p>\n<p>One aspect of flexible resources is<\/p>\n<p>Use of multifunction workers<\/p>\n<p>Relying on special equipment<\/p>\n<p>Use of overtime<\/p>\n<p>Leasing, rather than buying, equipment<\/p>\n<p>Variable work schedules<\/p>\n<p>Multiple Choice Question 4<\/p>\n<p>The philosophy of JIT<\/p>\n<p>Originated in Japan<\/p>\n<p>Was operational at Henry Ford&#8217;s complex in 1920&#8217;s<\/p>\n<p>Is a production planning system<\/p>\n<p>Has received little attention in the US<\/p>\n<p>Focuses on direct control of worker activities by management<\/p>\n<p>Multiple Choice Question 3<\/p>\n<p>Which of the following is not a feature common to all forecasting models?<\/p>\n<p>This period\u2019s forecast error is needed to compute next period\u2019s forecast.<\/p>\n<p>Forecasts are rarely perfect.<\/p>\n<p>Forecasts are more accurate for groups of items rather than for individual items.<\/p>\n<p>Forecasts are more accurate for shorter rather than for longer time horizons.<\/p>\n<p>All of the answer choices are correct.<\/p>\n<p>Multiple Choice Question 43<\/p>\n<p>What is a tracking signal used for?<\/p>\n<p>To identify trends in actual data<\/p>\n<p>To identify seasonality in actual data<\/p>\n<p>To identify the effect of business cycles on actual data<\/p>\n<p>To compute the value of the smoothing constant, \u03b1, for exponential smoothing<\/p>\n<p>To identify forecast bias<\/p>\n<p>Multiple Choice Question 10<\/p>\n<p>Which forecasting method is particularly good for predicting technological changes and scientific advances?<\/p>\n<p>Market research<\/p>\n<p>Executive opinion<\/p>\n<p>Delphi method<\/p>\n<p>Na\u00efve method<\/p>\n<p>Gamma method<\/p>\n<p>Multiple Choice Question 73<\/p>\n<p>____________________ is a collaborative process between two trading partners that establishes formal guidelines for joint forecasting and planning.<\/p>\n<p>Collaborative Planning Forecasting and Replenishment (CPFR)<\/p>\n<p>Supply Chain Planning Forecasting and Replenishment (SCPFR)<\/p>\n<p>Supply Chain Optimization (SCO)<\/p>\n<p>Collaborative Creation of Guidelines (CCG)<\/p>\n<p>Joint Planning and Forecasting (JPP)<\/p>\n<p>Multiple Choice Question 71<\/p>\n<p>Combined forecasting involves a rule that<\/p>\n<p>you must work with different vendors<\/p>\n<p>you need different forecasters<\/p>\n<p>you must always use a quantitative and qualitative method<\/p>\n<p>the results are not comparable to a single forecast<\/p>\n<p>the forecasting methods should be different<\/p>\n<p>Multiple Choice Question 46<\/p>\n<p>Which of the following is least likely to be a consideration in facility location?<\/p>\n<p>the design of the production process<\/p>\n<p>mistakes in choosing a location can be difficult to correct<\/p>\n<p>often there are a number of acceptable locations<\/p>\n<p>expanding capacity at a current location may be an option<\/p>\n<p>location decisions can have a major impact on operating costs and revenues<\/p>\n<p>Multiple Choice Question 34<\/p>\n<p>_____________________ can perform a number of tasks to help a company focus on its core capabilities.<\/p>\n<p>A plant within a plant<\/p>\n<p>Agile manufacturing<\/p>\n<p>Total Quality Management<\/p>\n<p>Just-In-Time<\/p>\n<p>Subcontractor networks<\/p>\n<p>Multiple Choice Question 60<\/p>\n<p>The first step in the factor rating method for evaluating location alternatives is what?<\/p>\n<p>select a scale by which to evaluate each alternative relative to each factor<\/p>\n<p>evaluate each alternative relative to each factor<\/p>\n<p>select the alternative with the highest score<\/p>\n<p>identify dominant factors<\/p>\n<p>assign weights to factors reflecting the importance of each factor relative to the other factors<\/p>\n<p>Multiple Choice Question 25<\/p>\n<p>Management has decided to add capacity incrementally in smaller chunks as needed, rather than purchasing one large facility. This decision ____________________.<\/p>\n<p>is very risky<\/p>\n<p>will result in low initial costs<\/p>\n<p>will ultimately result in lower costs per unit if demand increases rapidly<\/p>\n<p>positions the company to be well prepared for high demand in the future<\/p>\n<p>can lead to a large amount of excess capacity<\/p>\n<p>Multiple Choice Question 45<\/p>\n<p>Location decisions are particularly important because __________________________.<\/p>\n<p>typically they are made rather frequently<\/p>\n<p>they entail a high cost, short-term commitment<\/p>\n<p>there are so many potential locations<\/p>\n<p>they have a major impact on product design<\/p>\n<p>they can have a large impact on operating costs and revenues<\/p>\n<p>Multiple Choice Question 65<\/p>\n<p>What is the term for a system in which the product being worked on is physically attached to the line and automatically moved to the next station when the cycle time has elapsed?<\/p>\n<p>cyclical line<\/p>\n<p>paced line<\/p>\n<p>autoline<\/p>\n<p>continuous line<\/p>\n<p>constrained line<\/p>\n<p>Multiple Choice Question 10<\/p>\n<p>A grocery store is most like which of the following layout types?&nbsp;<\/p>\n<p>inverted<\/p>\n<p>circular<\/p>\n<p>process<\/p>\n<p>fixed position<\/p>\n<p>product<\/p>\n<p>Multiple Choice Question 48<\/p>\n<p>Warehouse layouts have the key characteristics of process layouts except<\/p>\n<p>number of loads is not a design consideration<\/p>\n<p>location isn\u2019t a major consideration<\/p>\n<p>there is movement between the storage areas<\/p>\n<p>from trips are the only consideration<\/p>\n<p>there is no movement between the storage areas<\/p>\n<p>Multiple Choice Question 6<\/p>\n<p>A company with a pure continuous processing system is most likely to use which layout type?<\/p>\n<p>inverted<\/p>\n<p>product<\/p>\n<p>process<\/p>\n<p>fixed position<\/p>\n<p>hybrid<\/p>\n<p>Multiple Choice Question 73<\/p>\n<p>Which of the following production line shapes is least likely to be found in a factory?<\/p>\n<p>N<\/p>\n<p>S<\/p>\n<p>U<\/p>\n<p>O<\/p>\n<p>L<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question 1 In what area does General Motors earn its highest return on capital? selling cars selling logo merchandise financing selling racing&nbsp; post-sales parts and service&nbsp; Question 2 A key feature of scientific management is that workers are limited only <a href=\"https:\/\/www.benedictsol.com\/blogs\/bus-515-final-exam-part-1-four-versions-100-questions\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-118172","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/118172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=118172"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/118172\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=118172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=118172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=118172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}