Busi 2003 1 - Study guides, Class notes & Summaries
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BUSI 2003 WEEK 1 QUIZ – QUESTION AND ANSWERS
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BUSI 2003 Week 1 Quiz 
 
Which of the following statement(s) accurately explain supply chains? 
Four major decision responsibilities of the operations management function include all of the following except: 
Common inputs to the operations transformation process include all of the following except: 
The four major operations objectives include all of the following except: 
It is better to inspect the quality of a product rather than to build it into the product. 
Which of the following statemen...
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•	BUSI 2003 WEEK 2
- Exam (elaborations) • 8 pages • 2022
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•	BUSI 2003 WEEK 2
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BUSI 2003 Week 1 Quiz with Answers (2 SETS with SOLUTIONS)
- Exam (elaborations) • 16 pages • 2021
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1. Which of the following statement(s) accurately explain supply chains? 
 
2. Four major decision responsibilities of the operations management function include all of the following except: 
 
3. Common inputs to the operations transformation process include all of the following except: 
 
4. The four major operations objectives include all of the following except: 
 
5. It is better to inspect quality of a product rather than to build it into the product. 
 
6. Which of the following ...
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BUSI-2003-1 Week 6 Final Exam (100% Correct)
- Exam (elaborations) • 11 pages • 2021
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1.	Question: Throughput time, process flow rate, capacity, and average amount of inventory in the system are some of the key metrics of a manufacturing process. 
2.	Question: A small value of a is used when we require a simple exponential smoothing model to be responsive to the recent demand pattern. 
3.	Question: Five commonly employed forms of structural change of a supply chain include each of the following except: 
4.	Question: Little's Law in a manufacturing process relates to: 
5.	Que...
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BUSI-2003C-1 Week 6 Final Exam (100% Correct)
- Exam (elaborations) • 11 pages • 2021
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1.	Question: Throughput time, process flow rate, capacity, and average amount of inventory in the system are some of the key metrics of a manufacturing process. 
2.	Question: A small value of a is used when we require a simple exponential smoothing model to be responsive to the recent demand pattern. 
3.	Question: Five commonly employed forms of structural change of a supply chain include each of the following except: 
4.	Question: Little's Law in a manufacturing process relates to: 
5.	Que...
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•	BUSI 2003 WEEK 2 QUESTIONS AND ANSWERS 2021
- Exam (elaborations) • 8 pages • 2021
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•	BUSI 2003 WEEK 2 
•	Question 1 
0 out of 2 points 
	 
	Process selection choices affect all parts of the firm and thus involve all functional areas along with general management.			 
	Selected Answer:	 
False 
Correct Answer:	 
True 
Answer Feedback:	(pp. 79, see last paragraph of section 4.8). 
			 
•	Question 2 
0 out of 2 points 
	 
	Make-to-stock (MTS) and make-to-order (MTO) process choices each offer relative advantages and disadvantages. Which of the following statements conce...
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BUSI-2003-1 Week 6 Final Exam (100% Correct)
- Exam (elaborations) • 11 pages • 2021
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1.	Question: Throughput time, process flow rate, capacity, and average amount of inventory in the system are some of the key metrics of a manufacturing process. 
2.	Question: A small value of a is used when we require a simple exponential smoothing model to be responsive to the recent demand pattern. 
3.	Question: Five commonly employed forms of structural change of a supply chain include each of the following except: 
4.	Question: Little's Law in a manufacturing process relates to: 
5.	Que...
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BUSI-2003-1 Week 6 Final Exam (100% Correct)
- Exam (elaborations) • 11 pages • 2021
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- $15.49
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1.	Question: Throughput time, process flow rate, capacity, and average amount of inventory in the system are some of the key metrics of a manufacturing process. 
2.	Question: A small value of a is used when we require a simple exponential smoothing model to be responsive to the recent demand pattern. 
3.	Question: Five commonly employed forms of structural change of a supply chain include each of the following except: 
4.	Question: Little's Law in a manufacturing process relates to: 
5.	Que...
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•	BUSI 2003 MIDTERM EAXAM 100/100 2021
- Exam (elaborations) • 8 pages • 2021
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•	BUSI 2003 MIDTERM EAXAM 100/100 
•	Question 1 
4 out of 4 points 
	 
	A lean system is designed to expose errors and get them corrected at the source.			 
	Selected Answer:	 
True 
Correct Answer:	 
True 
Answer Feedback:	(pp. 142 - this is true as it prevents covering errors with inventory). 
			 
•	Question 2 
4 out of 4 points 
	 
	According to the service matrix proposed by Collier and Meyer, ATM services are categorized as:			 
	Selected Answer:	 
provider routed services 
Co...
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BUSI-2003C-1 Week 6 Final Exam (100% Correct)
- Exam (elaborations) • 11 pages • 2021
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- $15.49
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1.	Question: Throughput time, process flow rate, capacity, and average amount of inventory in the system are some of the key metrics of a manufacturing process. 
2.	Question: A small value of a is used when we require a simple exponential smoothing model to be responsive to the recent demand pattern. 
3.	Question: Five commonly employed forms of structural change of a supply chain include each of the following except: 
4.	Question: Little's Law in a manufacturing process relates to: 
5.	Que...
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