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OPS 571 FINAL EXAM 2 – QUESTION AND ANSWERS
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OPS 571 FINAL EXAM 2 – QUESTION AND ANSWERS
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OPS 571 FINAL EXAM 2 – QUESTION ANDANSWERS
Final Exam
Exam Details
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Status: Submitted on Nov 27, 2017, 12:12 PM
Results: 29/30 (96.67%)
Number of Questions: 30 questions
Time Limit: 3 hours
Nov 23, 2017, 12:00 AM - Aug 06, 2018, 12:59
Available:
AM
1: Identify an advantage of pure projects.
Team pride, motivation, and commitment are high.
Team members have authority over the project.
Organizational goals and policies are upheld.
Duplication of resources is eliminated.
2: Define synchronous manufacturing as stated by Goldratt’s theory.
It is a production process in which machines are the critical resource used for scheduling.
It is the optimization of the rate at which cash is generated by production through sales.
It is a production process organized to achieve the goals of the firm.
It is an integrated set of activities designed to achieve high quality and high levels of production
with minimal inventories of raw materials.
, 3: A shopkeeper purchases raw materials to manufacture souvenirs
for a local event that happens once every five years. In this case,
identify the model that the shopkeeper is most likely to use to
maintain stock.
Fixed–order quantity model
Fixed–time period model
Lot sizing model
Single-period model
4: __________ are used for decisions that are related to aggregate
and strategy demand.
Process assessments
Periodic review systems
Strategic forecasts
P-models
5: __________ is the characteristics of a product in terms of quality
that are sorted as either conforming or nonconforming to
specification.
A throughput rate
The capability index
An attribute
A learning curve
6: Define lead time.
It is the time required to attend to a customer order.
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