Part 1 of 1 - 100.0
Points
Question 1 of 20 5.0
Points
Every business is managed through what three major
functions?
A.accounting, finance, and marketing
B.engineering, finance, and operations
management
C.accounting, purchasing, and human resources
D.finance, marketing, and operations
management
Question 2 of 20 5.0
Points
When did operations management emerge as a formal field of
study?
A.during the late 1950s and early 1960s
B.during the late 1970s and early 1980s
C.during World War II
D.during the early 1900s
Answer Key:
Question 3 of 20 5.0
Points
Operations management is the business function that plans,
coordinates, and controls the resources needed to produce a company’s products
and services.
True
False
Answer Key:
Question 4 of 20 5.0
Points
Management science focuses on developing quantitative
techniques for solving operations problems.
True
False
Answer Key:
Question 5 of 20 5.0
Points
Today many corporate CEOs have come through the ranks of
operations.
True
False
Answer Key:
Question 6 of 20 5.0
Points
If inputs increase by 30% and outputs increase by 15%, what
is the percentage change in productivity?
A.11.54% decrease
B.88.46% increase
C.88.46% decrease
D.11.54% increase
Answer Key:
Question 7 of 20 5.0
Points
How efficient was a process whose Standard output = 27 while
Actual output = 24?
A.0.889
B.1.125
C.648
D.0
Answer Key:
Question 8 of 20 5.0
Points
What is the throughput of Fingerhut’s warehouse in St.
Cloud, MN?
A.30,000 items per minute
B.30,000 items per hour
C.30,000 items per day
D.30,000 items per week
Answer Key:
Question 9 of 20 5.0
Points
Suppose that you have a system with one component and two
backups. What is the formula for the reliability of the system?
A.1 – [P(1st fails)][P(2nd fails)][P(3rd
fails)]
B.P(1st works) + [1 – P(1st fails)][P(2nd
works)] + [1 – P(1st fails)][P(3rd works)]
C.[P(1st works)][P(2nd works)][P(3rd works)]
D.P(1st works) + [P(1st fails)][P(2nd works)]
+ [P(1st fails)][P(3rd works)]
Answer Key:
Question 10 of 20 5.0
Points
For the standard normal distribution, how much confidence is
provided within 2 standard deviations above and below the mean?
A.97.22%
B.95.44%
C.99.74%
D.99.87%
Answer Key:
Question 11 of 20 5.0
Points
Consider a workstation that can process 4 units per minute.
It takes 2 hours to receive an order from the previous station. The container
size is 10 units. The factory sets safety stock at 20 percent of demand during
lead time. How many kanbans are needed for the workstation?
A.57.6
B.48
C.9.6
D.28.8
Answer Key:
Question 12 of 20 5.0
Points
The following sales figures show actual sales over the
identified time period. What can be determined by comparing a simple mean
forecast and a six month moving average forecast?
December 4,000
January 5,000
February 4,000
March 4,500
April 5,500
May 5,000
A.4.7, 5
B.4.7, 4
C.4, 4.7
D.4, 4
Answer Key:
Question 13 of 20 5.0
Points
The cost per unit is $36.74 at the best operating level.
When the output is higher, the unit cost will be what?
A.lower
B.the same
C.higher
D.could be higher or lower
Answer Key:
Question 14 of 20 5.0
Points
How many different layout solutions are possible with 7
departments?
A.7
B.7-1
C.(1)(2)(3)(4)(5)(6)(7)
D.7 x 7 =49
Answer Key:
Question 15 of 20 5.0
Points
The formula for determining the number of observations
needed depends upon all except which of the following values?
A.the desired accuracy
B.the number of standard deviations needed for
the desired confidence
C.the standard deviation of the sample
observations
D.the maximum observed value in the sample
Answer Key:
Question 16 of 20 5.0
Points
The formula to calculate a week’s of supply is?
A.weeks of supply = average weekly usage in
dollars/average inventory on hand in dollars
B.weeks of supply – average inventory on hand
* average annual usage in dollars * 12
C.weeks of supply = average inventory on hand
* average weekly usage in dollars
D.weeks of supply = average inventory on hand
in dollars/average weekly usage in dollars
Answer Key:
Question 17 of 20 5.0
Points
Pizza parlor has an average monthly demand of 1200 pizzas.
Statistically, each employee can produce 10 pizzas per hour. The parlor is open
20 days each month. How many employees must they need to meet the demand using
a level aggregate plan?
A.4
B.5
C.6
D.8
Answer Key:
Question 18 of 20 5.0
Points
What information system enables companies to have the right
material in the right amounts available at the right time?
A.manufacturing resources planning
B.multifunctional requirements planning
C.material requirements planning
D.material relationships planning
Answer Key:
Question 19 of 20 5.0
Points
. Slim-Quick Inc. produces a variety of nutritional diet
products. Management wants to evaluate the performance of Work Center 10, the
bottleneck in the packaging line. They are particularly worried about the
backlogging problem in the work center. The following input/output report is
given.
Input Information
Period 1 2 3
Planned Input (hours) 110 80 130
Actual Input (hours) 80 120 100
Output Information
Period 1 2 3
Planned Output (hours) 100 100 100
Actual Output (hours) 80 70 110
The initial backlog was 100 hours. Based on the above
information, calculate the backlog hours of Work Center 10 at the end of period
3.
A.100
B.110
C.140
D.150
Answer Key:
Question 20 of 20 5.0
Points
Given this information about an activity: ES = 10, EF = 15,
LS = 26, and LF = 31. The amount of slack associated with the activity is
A.16
B.32
C.5
D.11
Answer Key: