ISDS 3115|305 Exam 1 Quiz Questions With 100% Correct Answers| Test Your Knowledge
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Course
ISDS 3115
Institution
ISDS 3115
Which of the following statements regarding the Dreamliner 787 is true?
a. Boeing has found partners in over a dozen countries.
b. The new aircraft incorporates a wide range of aerospace technologies.
c. The new aircraft uses engines from not one, but two manufacturers.
d. Boeing will add o...
ISDS 3115|305 Exam 1 Quiz Questions
Which of the following statements regarding the Dreamliner 787 is true?
a. Boeing has found partners in over a dozen countries.
b. The new aircraft incorporates a wide range of aerospace technologies.
c. The new aircraft uses engines from not one, but two manufacturers.
d. Boeing will add only 20 to 30 percent of the aircraft's value.
e. All of the above are true. - ✔ ✔ e. All of the above are true.
Which of the following statements regarding time-cost tradeoffs in CPM networks is false?
a. "Project Crashing" shortens project duration by assigning more resources to critical tasks.
b. Crashing sometimes has the reverse result of lengthening the project duration. c. Crashing must
consider the impact of crashing an activity on all paths in the network.
d. Activities not on the critical path can become critical after crashing takes place.
e. All of the above are true. - ✔ ✔ b. Crashing sometimes has the reverse result of lengthening the
project duration.
Which of the following will more likely locate near their customers?
a. an automobile manufacturer
b. an aluminum manufacturer
c. an insurance company headquarters
d. a medical clinic
e. All of the above will tend to locate near their customers. - ✔ ✔ d. a medical clinic
Which of the following would not be an operations function in a fast-food restaurant?
a. advertising and promotion
b. designing the layout of the facility
c. maintaining equipment
d. making hamburgers and fries
,e. purchasing ingredients - ✔ ✔ a. advertising and promotion
Which of the international operations strategies involves high cost reductions and high local
responsiveness?
a. international strategy
b. global strategy
c. transnational strategy
d. multidomestic strategy
e. none of the above - ✔ ✔ c. transnational strategy
27. Which of these statements regarding Regal Marine is true?
a. Product design is a critical decision for the firm.
b. Regal uses a three-dimensional CAD system to shorten product development time.
c. Regal still uses some wooden parts and hand-produces some components.
d. Regal's use of CAD has resulted in a superior product.
e. All of the above are true. - ✔ ✔ e. All of the above are true.
28. Regal Marine
a. no longer builds boats with any wooden parts
b. designs and builds boat hulls by hand
c. treats the product design decision as critical to its success
d. gets its competitive advantage by being the low-cost producer of boats designed by others
e. designs several new boats each year, but contracts other firms for their manufacture - ✔ ✔ c.
treats the product design decision as critical to its success
28. Tupperware's use of forecasting
a. involves only a few statistical tools
b. concentrates on the low-level dealer, and is not aggregated at the company level
c. relies on the fact that all of its products are in the maturity phase of the life cycle
,d. is a major source of its competitive edge over its rivals
e. takes inputs from sales, marketing, and finance, but not from production - ✔ ✔ d. is a major
source of its competitive edge over its rivals
29. The three major subdivisions of the product decision are
a. selection, definition, and design
b. goods, services, and hybrids
c. strategy, tactics, and operations
d. cost, differentiation, and speed of response
e. legislative, judicial, and executive - ✔ ✔ a. selection, definition, and design
29. Which of the following statements regarding Tupperware's forecasting is false?
a. Tupperware's fifty profit centers generate the basic set of projections.
b. Tupperware uses at least three quantitative forecasting techniques.
c. Tupperware uses only quantitative forecasting techniques.
d. "Sales per active dealer" is one of three key forecasting variables (factors).
e. "Jury of executive opinion" is the ultimate forecasting tool used at Tupperware. - ✔ ✔ c.
Tupperware uses only quantitative forecasting techniques.
30. Forecasts
a. become more accurate with longer time horizons
b. are rarely perfect
c. are more accurate for individual items than for groups of items
d. all of the above
e. none of the above - ✔ ✔ b. are rarely perfect
30. Which of the following are likely to influence market opportunities in the auto industry?
a. the development of stronger materials
b. sustained economic growth
c. changing demographics
, d. suppliers
e. All of the above may influence market opportunities - ✔ ✔ e. All of the above may influence
market opportunities
31. One use of short-range forecasts is to determine
a. production planning
b. inventory budgets
c. research and development plans
d. facility location
e. job assignments - ✔ ✔ e. job assignments
31. Operations managers must be able to anticipate changes in which of the following?
a. product mix
b. product opportunities
c. the products themselves
d. product volume
e. all of the above - ✔ ✔ e. all of the above
32. Forecasts are usually classified by time horizon into three categories
a. short-range, medium-range, and long-range
b. finance/accounting, marketing, and operations
c. strategic, tactical, and operational
d. exponential smoothing, regression, and time series
e. departmental, organizational, and industrial - ✔ ✔ a. short-range, medium-range, and long-range
32. In which stage of the product life cycle should product strategy focus on process modifications?
a. introduction
b. growth
c. maturity
d. decline
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