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1. LIBERTY BUSI 650 Week 7 Quiz 4 NEW
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BUSI 650 Week 7 Quiz 4 NEW
The __________ plan is a preliminary,
approximate schedule of an organization’s
overall operations that will satisfy the
demand forecast at minimum cost
Which of the following is FALSE about supply
chains
The inventory turnover is calculated using the
annual cost of goods sold and the aggregate
inventory value on average.

2. Which of the following statements about
Supply Chain Management (SCM) is correct
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
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
Purchasing tends to follow three practices;
which of the following is NOT one of them
In order to leverage the location decision to
enhance the development of long-term
capabilities, the first step is to
Which of the following are measures of
capacity in terms of outputs and inputs
produced for the corresponding production
system
Which of the following is/are (a) technique(s)
used for increasing short-run capacity
Logistics includes the responsibility for
acquiring the goods and services the

3. organization needs, by any means
Efficiency is defined as input divided by
output.
In planning the long-term capacity of an
operation, one should take into account:
Obtaining lower unit costs through the use of
larger facilities is called economies of scope.
The first step to enhance the development of
long-term capabilities is to identify potential
locations.
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:
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.
__________ means deciding which jobs to assign
to which work centers.
When a resource is scheduled as if it had
unlimited capacity to handle any and all jobs,
its schedule is called

4. Logistics consist(s) of the following, EXCEPT:
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.
__________ inventories exist because materials
must be moved from one location to another.
Yield or revenue management would NOT be
so appropriate if which of the following
circumstances is present?
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?
The cycle time of the process is the reciprocal
of the output rate.