Busi 411 exam 2 - Study guides, Class notes & Summaries

BUSI 411 Exam 4 1. Everything else being equal, a firm considering outsourcing would find all of the following desirable except:  2. The maximum possible output given a product mix, scheduling difficulties,  personal time, and so on is:  3. Which of the following is not a reason why capacity decisions are so important? 4. Which of the following would tend to reduce effective capacity? 5. Students at a major university must go through several registration steps. Officials have observed th...

BUSI 411 Exam 3, Operations Management 1. Cause-and-effect diagrams are sometimes called: 2. Deciding how much to invest in the prevention of defects can be analyzed using: 3. The tool that is useful in the collection and organization of data is a: 4. Giving workers responsibility for quality improvements and authority to make changes is known as: 5. When an organization comes to the realization that there are quality problems in products that are already in service, ethical approaches i...

BUSI 411 Exam 4 - Operations Management 1. The Operations Manager for Shadyside Savings & Loan orders cash from her home office for her very popular "BIG BUCKS" automated teller machine, which only dispenses $100 bills. She estimates that this machine dispenses an average of 12,500 bills per month, and that carrying a bill in inventory costs 10 percent of its value annually. She knows that each order for these bills costs $300 for clerical and armored car delivery costs, and that order lead t...

Question 1 Which of the following is a key question in capacity planning? Answer : When do we need the capacity? Question 2 Utilization is defined as the ratio of: Answer : Actual output to design capacity. Question 3 Given the following information, what would utilization be? Effective capacity = 20 units per day Design capacity = 60 units per day Actual output = 15 units per day Answer : 25% Question 4 An alternative will have fixed costs of $10,000 per month, vari...

LIBERTY UNIVERSITY BUSI 411 OPERATIONS MANAGEMENT FINAL EXAM 2. QUESTIONS & ANSWERS (GRADED A)

BUSI 411 Exam 2, Operations Management Which of the following is a key question in capacity planning? Utilization is defined as the ratio of: (BUSI 411 Exam 2) Given the following information, what would utilization be? An alternative will have fixed costs of $10,000 per month, variable costs of $50 per unit, and revenue of $70 per unit. The break-even point volume is: A Virginia county is considering whether to pay $50,000 per year to lease a prisoner transfer facility in a prime locat...

BUSI 411 Exam 2, Operations Management Which of the following is a key question in capacity planning? Utilization is defined as the ratio of: (BUSI 411 Exam 2) Given the following information, what would utilization be? An alternative will have fixed costs of $10,000 per month, variable costs of $50 per unit, and revenue of $70 per unit. The break-even point volume is: A Virginia county is considering whether to pay $50,000 per year to lease a prisoner transfer facility in a prime locat...

BUSI 411 Exam 2, Operations Management Which of the following is a key question in capacity planning? Utilization is defined as the ratio of: (BUSI 411 Exam 2) Given the following information, what would utilization be? An alternative will have fixed costs of $10,000 per month, variable costs of $50 per unit, and revenue of $70 per unit. The break-even point volume is: A Virginia county is considering whether to pay $50,000 per year to lease a prisoner transfer facility in a prime locat...

BUSI 411 Exam 2, Operations Management

BUSI 411 Exam 2, Operations Management