Busi 650 quiz 3 - Study guides, Class notes & Summaries

BUSI 650 Quiz 3 with Answers 1. The lean tool to reduce setup times is SMED; this acronym stands for 2. When workers receive approval for a task based on inflated time estimate, they may perceive that they now have plenty of time to complete the task and therefore delay starting the task. What has this concept been called? 3. The project life cycle typically has a stretched-s or an exponential form. 4. Which of the following project categories might lead to the other project categories? 5. ...

BUSI 650 Week 1 Quiz 1. In the Service Matrix, to which quadrant does recreation belong? 2. Which of the following is NOT an advantage of rapid response? 3. Which form of transportation system utilizes group technology? 4. Layout analysis is usually performed for the following purpose(s): 5. Continuous processes are characterized by low to moderate output variety and one to few in batch size. 6. Customization occurs when 7. As an alternative to research, industries where bringing a produc...

BUSI 650 Week 3 Quiz 2 1. Which of the following distributions can best represent the number-of-defects c chart? 2. Which of the following is not a problem commonly found when monitoring? 3. There are five stages of effectiveness in terms of the role their operations play in terms of strategic business objectives. 4. In quality control there are two major types of inspection: measurement of a scaled variable and existence of a characteristic. 5. Benchmarking is a process that helps compare ...

BUSI 650 Week 3 Quiz 2 1. Departments within a stage 2 organization may exhibit a stage 3 orientation, thereby upgrading the organization to a stage 3 categorization. 2. There are five stages of effectiveness in terms of the role their operations play in terms of strategic business objectives. 3. Which of the following is false regarding statistical sampling for control purposes? 4. Benchmarking is a process that helps compare a company against its competitors on a variety of relevant indica...

BUSI 650 Week 1 Quiz 1. In the Service Matrix, to which quadrant does recreation belong? 2. Which of the following is NOT an advantage of rapid response? 3. Which form of transportation system utilizes group technology? 4. Layout analysis is usually performed for the following purpose(s): 5. Continuous processes are characterized by low to moderate output variety and one to few in batch size. 6. Customization occurs when 7. As an alternative to research, industries where bringing a product to ma...

BUSI 650 Quiz 2 1. Which of the following is not a problem commonly found when monitoring? 2. In quality control there are two major types of inspection: measurement of a scaled variable and existence of a characteristic. 3. There are five stages of effectiveness in terms of the role their operations play in terms of strategic business objectives. 4. Which one of the following perceptual measures corresponds to a company that is in the internally neutral stage of operational effectiveness? ...

BUSI 650 Week 6 Quiz 3 1. The lean tool to reduce setup times is SMED; this acronym stands for 2. When workers receive approval for a task based on inflated time estimate, they may perceive that they now have plenty of time to complete the task and therefore delay starting the task. What has this concept been called? 3. The project life cycle typically has a stretched-s or an exponential form. 4. Which of the following project categories might lead to the other project categories? 5. Which ...

BUSI 650 Week 1 Quiz 1. In the Service Matrix, to which quadrant does recreation belong? 2. Which of the following is NOT an advantage of rapid response? 3. Which form of transportation system utilizes group technology? 4. Layout analysis is usually performed for the following purpose(s): 5. Continuous processes are characterized by low to moderate output variety and one to few in batch size. 6. Customization occurs when 7. As an alternative to research, industries where bringing a produc...

BUSI 650 Quiz 4 1. The __________ plan is a preliminary, approximate schedule of an organization’s overall operations that will satisfy the demand forecast at minimum cost. 2. Which of the following is FALSE about supply chains? 3. The inventory turnover is calculated using the annual cost of goods sold and the aggregate inventory value on average. 4. Which of the following statements about Supply Chain Management (SCM) is correct? 5. It is not unusual for fire departments to use “slack...