BUSI650 Quiz 4
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· Question 1
2
out of 2 points
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The
__________ plan is a preliminary, approximate schedule of an organization’s
overall operations that will satisfy the demand forecast at minimum cost.
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· Question 2
0
out of 2 points
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Which of the
following is FALSE about supply chains?
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· Question 3
2
out of 2 points
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The inventory
turnover is calculated using the annual cost of goods sold and the aggregate
inventory value on average.
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· Question 4
0
out of 2 points
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Which of the
following statements about Supply Chain Management (SCM) is correct?
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· Question 5
2
out of 2 points
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It is not
unusual for fire departments to use “slack months” for building inspections,
conducting prevention programs and giving talks as a way to have anticyclic
outputs.
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· Question 6
2
out of 2 points
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Assume that
Company F produces a variety of smart phones sequentially on three machines.
The times required on each machine for one typical racket are as follows: M1:
3 minutes M2: 8 minutes, M3: 2 minutes, M4: 5 minutes. The throughput time
for a smart phone is :
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· Question 7
2
out of 2 points
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Purchasing
tends to follow three practices; which of the following is NOT one of them?
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· Question 8
2
out of 2 points
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In order to
leverage the location decision to enhance the development of long-term
capabilities, the first step is to:
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· Question 9
2
out of 2 points
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Which of the
following are measures of capacity in terms of outputs and inputs produced
for the corresponding production system?
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· Question 10
2
out of 2 points
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Which of the
following is/are (a) technique(s) used for increasing short-run capacity
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· Question 11
2
out of 2 points
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Logistics
includes the responsibility for acquiring the goods and services the
organization needs, by any means.
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· Question 12
2
out of 2 points
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Efficiency is
defined as input divided by output.
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· Question 13
2
out of 2 points
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In planning
the long-term capacity of an operation, one should take into account:
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· Question 14
2
out of 2 points
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Obtaining
lower unit costs through the use of larger facilities is called economies of
scope.
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· Question 15
2
out of 2 points
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The first
step to enhance the development of long-term capabilities is to identify
potential locations.
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· Question 16
2
out of 2 points
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Organizations
that process natural or basic resources as raw materials or other essential
inputs to obtain their outputs will locate near their resources if one of the
following conditions holds:
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· Question 17
2
out of 2 points
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Yield
management, also known as revenue management is the amount of output of
acceptable quality emerging from a production system compared with the amount
that entered it.
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· Question 18
2
out of 2 points
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__________
means deciding which jobs to assign to which work centers.
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· Question 19
2
out of 2 points
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When a
resource is scheduled as if it had unlimited capacity to handle any and all
jobs, its schedule is called
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· Question 20
2
out of 2 points
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Logistics
consist(s) of the following, EXCEPT:
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· Question 21
2
out of 2 points
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Under
sole-sourcing arrangements, customers involve suppliers from the design
stage, asking for larger deliveries of higher quality items in large batches
that enable greater savings.
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· Question 22
2
out of 2 points
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__________
inventories exist because materials must be moved from one location to
another.
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· Question 23
2
out of 2 points
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Yield or
revenue management would NOT be so appropriate if which of the following
circumstances is present?
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· Question 24
2
out of 2 points
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In locating
pure services, which of the following measures are recommended in the
literature on health clinics and can be used for trial-and-error procedures?
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· Question 25
2
out of 2 points
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The cycle
time of the process is the reciprocal of the output rate.
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