Thursday 11 May 2017

BUSI650 Quiz 4

BUSI650 Quiz 4 
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·  Question 1
2 out of 2 points

The __________ plan is a preliminary, approximate schedule of an organization’s overall operations that will satisfy the demand forecast at minimum cost.
Answer
·  Question 2
0 out of 2 points

Which of the following is FALSE about supply chains?
Answer
·  Question 3
2 out of 2 points

The inventory turnover is calculated using the annual cost of goods sold and the aggregate inventory value on average.
Answer
·  Question 4
0 out of 2 points

Which of the following statements about Supply Chain Management (SCM) is correct?
Answer
·  Question 5
2 out of 2 points

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.
Answer
·  Question 6
2 out of 2 points

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 :
Answer
·  Question 7
2 out of 2 points

Purchasing tends to follow three practices; which of the following is NOT one of them?
Answer
·  Question 8
2 out of 2 points

In order to leverage the location decision to enhance the development of long-term capabilities, the first step is to:
Answer
·  Question 9
2 out of 2 points

Which of the following are measures of capacity in terms of outputs and inputs produced for the corresponding production system?
Answer
·  Question 10
2 out of 2 points

Which of the following is/are (a) technique(s) used for increasing short-run capacity
Answer
·  Question 11
2 out of 2 points

Logistics includes the responsibility for acquiring the goods and services the organization needs, by any means.
Answer
·  Question 12
2 out of 2 points

Efficiency is defined as input divided by output.
Answer
·  Question 13
2 out of 2 points

In planning the long-term capacity of an operation, one should take into account:
Answer
·  Question 14
2 out of 2 points

Obtaining lower unit costs through the use of larger facilities is called economies of scope.
Answer
·  Question 15
2 out of 2 points

The first step to enhance the development of long-term capabilities is to identify potential locations.
Answer
·  Question 16
2 out of 2 points

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:
Answer
·  Question 17
2 out of 2 points

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.
Answer
·  Question 18
2 out of 2 points

__________ means deciding which jobs to assign to which work centers.
Answer
·  Question 19
2 out of 2 points

When a resource is scheduled as if it had unlimited capacity to handle any and all jobs, its schedule is called
Answer
·  Question 20
2 out of 2 points

Logistics consist(s) of the following, EXCEPT:
Answer
·  Question 21
2 out of 2 points

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.
Answer
·  Question 22
2 out of 2 points

__________ inventories exist because materials must be moved from one location to another.
Answer
·  Question 23
2 out of 2 points

Yield or revenue management would NOT be so appropriate if which of the following circumstances is present?
Answer
·  Question 24
2 out of 2 points

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?
Answer
·  Question 25
2 out of 2 points

The cycle time of the process is the reciprocal of the output rate.
Answer


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