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OSCM 373 questions with correct answers 100%
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OSCM 373 questions with correct answers 100%
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OSCM 373multi-factor (total factor) productivity - correct answer ✔✔= output/labor +material +energy +capital
+Misc
What is OM? - correct answer ✔✔Operations Management
Creation of value-products (goods and services)
by transforming inputs into outputs (products)
Labor contributes about ____ % of annual increase - correct answer ✔✔10%
Capital contributes about ____ % of annual increase - correct answer ✔✔38%
management contributes about ____ % of annual increase - correct answer ✔✔52%
Which factor contributes the most to productivity improvement? - correct answer ✔✔Management
service based economy = - correct answer ✔✔slower growth in productivity
Services make up what percent of the U.S. economy? - correct answer ✔✔64%
Service sector investment in software and R&D - correct answer ✔✔has now surpassed 4% of GDP
Productivity increases when - correct answer ✔✔inputs decrease while outputs remain the same.
The ratio of all resources to the goods and services produced is referred as - correct answer ✔✔the multi
factor productivity
, What is the goal for mass customization? - correct answer ✔✔the goal is to produce customized
products, whenever and wherever needed
Low-volume, high-variety production is best suited for which of the following process strategies? -
correct answer ✔✔Process focus
High-volume, low-variety production is best suited for which of the following process strategies? -
correct answer ✔✔product focus
A process focused facility is - correct answer ✔✔a production facility organized around specific activities.
A large quantity and large variety of products are produced in - correct answer ✔✔mass customization
Scheduling matches resources to what? - correct answer ✔✔customer demands
Which of the following begins with the due date and schedules the final operation first? - correct answer
✔✔backward scheduling
Loading - correct answer ✔✔is the process of assigning jobs to work or processing centers.
Which of the following is NOT one of the criteria used to evaluate scheduling performance? - correct
answer ✔✔maximize WIP
What is a technique used to monitor jobs in progress? - correct answer ✔✔Gantt Chart
Which of the following priority rules minimizes the average number of jobs in the system? - correct
answer ✔✔SPT
Of the following sequencing rules, which is considered to be dynamic? - correct answer ✔✔CR critical
ratio
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