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COB 300 Ops Final (Torabi) questions well answered to pass
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COB 300 Ops Final (Torabi) questions well answered to pass
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COB 300 Ops Final (Torabi)Capacity Planning Questions - correct answer ✔✔1) What kind of capacity is needed?
2) How much is needed?
3) When is it needed?
Design Capacity - correct answer ✔✔maximum output rate or service capacity an operation, process, or
facility is designed for
Effective Capacity - correct answer ✔✔Design Capacity minus allowances such as personal time,
maintenance, and scrap
Actual Output - correct answer ✔✔rate of output actually achieved - cannot exceed effective capacity
Can actual output > effective capacity - correct answer ✔✔NO
Process Flow Time Reductions - correct answer ✔✔1) perform activities in parallel
2) change the sequence of activities
3) reduce interruptions
A balanced scorecard helps focus manager attention on strategic issues and strategy implementation (t
or f) - correct answer ✔✔True
The bullwhip effect suggests that the demand variation of a particular item at the retailer is usually lower
than the demand variation of the same item at the manufacturer (t or f) - correct answer ✔✔True
If customer lead time is less than manufacturing lead time, make to stock environment may be suitable (t
or f) - correct answer ✔✔True
, In statistical process control, R charts are used for observations that are discrete in nature (t or f) -
correct answer ✔✔False
Companies should try and reduce inventory turns so that they can do business with less amount of
inventory and improve operationally (t or f) - correct answer ✔✔False
Inventory Turns - correct answer ✔✔cost of goods sold divided by the average inventory value
Utilization of a machine can never exceed its efficiency - correct answer ✔✔False
The critical path is the path with the most number of activities - correct answer ✔✔False
Two-bin systems can be used to implement fixed quantity/variable interval inventory model - correct
answer ✔✔True
Effective supply chain management depends both on the flow of information as well as on the flow of
goods - correct answer ✔✔True
What could cause an item to be classified as an "A" item under the ABC inventory classification? - correct
answer ✔✔high volume usage of the item and amd high item purchase cost
What does the EPQ model not assume? - correct answer ✔✔Instantaneous replenishment
What is not a factor in determining reorder point? - correct answer ✔✔EOQ
Quality planning and administration quality training and quality control procedures are examples of... -
correct answer ✔✔prevention cost
In the service system design matrix, a face to face total customization service encounter is expected to
have which of the following? - correct answer ✔✔low production efficiency
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