BUSI 2003C-1, BUSI-2003-1, Operations; Week 6 Final Exam (100% Correct Summer Qtr)
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(BUSI 2003C)
- Question: Throughput time, process flow rate, capacity, and average amount of inventory in the system are some of the key metrics of a manufacturing process.
- Question: A small value of a is … when we require a simple exponential smoothing model to … responsive to the recent demand pattern.
- Question: Five commonly … forms of structural change of a supply chain include each of the following except:
- Question: Little’s Law in a manufacturing process relates to:
- Question: Business Process Re-engineering is an incremental approach to redesigning a business process.
- Question: Outsourcing occurs when a firm moves work … internally to another facility belonging to the same firm but in another country.
- Question: Transportation of materials into or out of a facility is the responsibility of the logistics function.
- Question: A bank has an average of 10 customers per hour arriving into the system and it takes an average of 30 minutes for the clerk to complete a transaction with a customer. Determine the average length of the queue in the bank.
- Question: The forecasting techniques of exponential smoothing and moving average that … rapid response rates to changes in the mean level of demand have:
- Question: The hierarchy of decisions concerning the capacity of operations ranging from long-term to short-term in nature leads from:
- Question: Which of the following is not a step in the purchasing cycle?
- Question: Assume you have … from historical records that simple linear regression is an effective means of predicting the labor cost of some project tasks. You have … that the weight … with an item (in pounds) … in historical projects is an accurate and reliable predictor of labor cost. In fact, from these historical records, you have … a linear equation expressing the relationship between the weight of the item and labor cost. The … regression equation is 1300 + 0.25 x. For an upcoming project, which includes the task of manufacturing an item weighing 7,000 pounds, what is your estimate of the task cost using this … regression equation?
- Question: A major assumption behind Little’s Law is that the process is in steady state wherein the average output rate equals the average input rate to the process.
- Question: In a process thinking philosophy, it is important to:
- Question: If you were using a simple exponential smoothing forecast model (alpha value equal to 0.30) … demand for the upcoming week?
- Question: The process of constructing a flowchart for service operations is also … to as service blueprinting.
- Question: com is an example of B2B operations.
- Question: The four “costs of quality” include all of the following except:
- Question: A bottleneck is:
- Question: Which of the following matches between quality gurus and the guru’s philosophy is incorrect?
- Question: A negative value of capacity cushion indicates that the average demand is less than the capacity available.
- Question: Utilization = Nominal Capacity/Output.
- Question: Specific measures of supply chain performance include all of the following except:
- Question: The concept of mistake-proofing was first … in the 1960s by Shigeo Shingo. It was … :
- Question: Using a three-period, … moving average forecast model with weights of 0.50, 0.40, and 0.10 (weights decline with the age of the demand observation), what would the forecast of demand … for the upcoming week 6 … the historical demands … below?
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