ops 571 new,uop ops 571 new,uop ops 571 new complete course,uop ops 571 new entire course,uop ops 571 complete week 1,uop ops 571 complete week 2,uop ops 571 complete week 3,uop ops 571 complete week 4,uop ops 571 complete week 5,uop ops 571 complete week 6,uop ops 571 new week 1,uop ops 571 new week 2,uop ops 571 new week 3,uop ops 571 new week 4,uop ops 571 new week 5,uop ops 571 new tutorials,ops 571 new assignments,ops 571 new help

1. UOP OPS 571 Final Exam Guide (New, 2018)
Check this A+ tutorial guideline at
http://www.ops571assignment.com/ops-
571-latest/ops-571-final-exam-guide-(new,-
2018)-latest
For more classes visit
http://www.ops571assignment.com
OPS 571 Final Exam Guide (New, 2018)
1. Which of the following is a measure of
operations and supply management efficiency
used by Wall Street?
Dividend payout ratio
Receivable turnover
Current ratio
Financial leverage
Earnings per share growth
2. An activity-system map is which of the
following?

2. A diagram that shows how a company's strategy
is delivered to customers
A timeline displaying major planned events
A network guide to route airlines
A facility layout schematic noting what is done
where
A listing of activities that make up a project
3. Which of the following is a total measure of
productivity?
Output/Materials
Output/Labor
Output/(Labor + Capital + Energy)
All of these
Output/Inputs
4. Which of the following approaches to service
design is characterized by having the customer
take a greater role in the production of the
service?
Quality approach
Self-service approach
Production-line approach
Do-it-yourself approach
Personal-attention approach

3. 5. Which of the following basic types of
production layout formats is one that has similar
equipment or functions are grouped together?
Work center layout
Production line layout
Group technology layout
Manufacturing cell layout
Assembly line layout
6. Which of the following is a characteristic that
can be used to guide the design of service
systems?
Services are all similar.
Services cannot be inventoried.
Services businesses are inherently
entrepreneurial.
Even service businesses have internal services.
Quality work means quality service.
7. An advantage of a make-to-stock process is
which of the following?
All units of output are unique.
It features rapid delivery of a standard product.
It combines the best features of other processes.
It responds directly to customer orders.

4. It allows the firm to avoid inventory costs.
8. Getting an autograph from a famous person
might involve standing in which type of queuing
line structure?
Single channel, single phase
None of these
Single channel, multiphase
Multichannel, multiphase
Multichannel, single phase
9. For an infinite queuing situation, if the arrival
rate for loading trucks is 5 trucks per hour, what
is the mean time between arrivals?
2.5 hours
5 hours
0.2 hour
0.1 hour
None of these
10. An assumption of learning curve theory is
which of the following?
Organizational learning is not included in
learning theory.
The time required to do a task will vary
randomly each time the task is repeated.
Unit time will decrease at an increasing rate.

5. Learning will not be transferred from one
worker to the next.
The reduction in unit time will follow a
predictable pattern.
11. A company's production process has an 80
percent learning curve rate. The process has
produced 1,000 units to date. A process
refinement is estimated to allow a future
learning curve rate for the identical product of
75 percent. However, the initial unit made using
the new process will take the same amount of
time as the initial unit produced using the old
process. At what point, using the new process,
will the production rate exceed the production
rate achieved by the old process?
Before the 100th unit
Before the 120th unit
Before the 80th unit
Before the 50th unit
Before the 250th unit
12. For which of the following should we use a p-
chart to monitor process quality?
Grades in a freshman "pass/fail" course
Temperatures in a classroom

6. The dimensions of brick entering a kiln
The weight of fluid in a container
Lengths of boards cut in a mill
13. You have been called in as a consultant to set
up a Kanban control system. The first thing to do
is to determine the number of Kanban card sets
needed. Your research shows that the expected
demand during lead time for a particular
component is 150 per hour. You estimate the
safety stock should be set at 25 percent of the
demand during lead time. The tote trays used as
containers can hold 8 units of stock, and the lead
time it takes to replenish an order is 2 hours.
Which of the following is the number of Kanban
card sets necessary to support this situation?
42
68
89
47
94
14. Which of the following is a fixed-time-period
inventory model?
Just-in-time model
The EOQ model
Periodic system model
The Q model

7. The least cost method
15. A company is planning for its financing needs
and uses the basic fixed-order-quantity
inventory model. Which of the following is the
total cost (TC) of the inventory given an annual
demand of 10,000, setup cost of $32, a holding
cost per unit per year of $4, an EOQ of 400 units,
and a cost per unit of inventory of $150?
None of these
$1,501,600
$1,498,200
$499,313
$500,687
A. $1,501,600
Q = 400. Average Inventory = Q/2 = 200. Holding
cost/year = $4. Thus, annual holding cost = $800.
Annual set-up cost = 10,000/400 = 25 x $32 =
800. Demand x cost per unit = 10,000 x $150 =
1,500,000. Hence, TC = $1,500,000 + 800 + 800 =
$1,501,600.
16. Which of the following is a principle of work
center scheduling?
Reschedule every day.
Once started, a job can and should be finished

8. even if unavoidably interrupted.
Assign the first worker to all of the days that
require staffing.
Achieve certainty in standards and routings.
Give work centers less to do then their
maximum.
17. Which of the following is a "focusing step" of
Dr. Eli Goldratt's theory of constraints?
Identify system constraints.
Support system constraints.
If you have no system constraints, make some.
Reduce system constraints.
Reinforce system constraints.
18. In designing a lean production facility layout,
a designer should do which of the following?
Locate flexible workstations offline.
Balance capacity using job shop analysis.
Design for work flow balance.
Always keep operations on a single floor of the
factory.
Link operations through a push system.
19. A simple project listing of five activities and
their respective time estimates are presented
here:

9. Using CPM, which activities make up the critical
path?
None of these
A, B, D, E
A, D, E
A, C, B, D, E
A, C, D, E
20. A company must perform a maintenance
project consisting of seven activities. The
activities, their predecessors, and their
respective time estimates are presented here:
Using CPM, which activities make up the critical
path?
A, C, B, F, E
None of these
A, B, D, F, G
A, C, E, F, G
A, D, E
21. Which of the following is not a problem
definition tool from the operations consulting
tool kit?
Issue trees
Five forces model
Computer simulation

10. Customer surveys
Gap analysis
22. Which of the following is not one of the basic
types of forecasting?
Simulation
Causal relationships
Qualitative
Time series analysis
Force field analysis
23. A company has actual unit demand for three
consecutive years of 124, 126, and 135. The
respective forecasts for the same three years are
120, 120, and 130. Which of the following is the
resulting MAD value that can be computed from
these data?
3
1
15
123
5
C MAD = ABS[(124 - 120) + (126 - 120) + (135 -
130)]/3 = 15/3 = 5.
24. From an operational perspective, yield

11. management is most effective under which of the
following circumstances?
Inventory is perishable.
The firm doing yield management is very
profitable.
Demand cannot be segmented by customer.
Fixed costs are low, and variable costs are high.
The customer is a "captive" of the system.
25. What is transaction processing?
The decision support system used to efficiently
handle multiple transactions
The movement of paperwork through a system
using a decision tree
The scheduling of machinery to minimize time
and scrap
The posting and tracking of the detailed
activities of a business
26. If the actual output of a piece of equipment
during an hour is 500 units and its best
operating level is at a rate of 400 units per hour,
which of the following is the capacity utilization
rate?
0.75
1.00

12. 1.25
1.33
100
27.Which of the following is an input to the
master production schedule (MPS)?
Planned order schedules
The bill of materials
The aggregate plan
The exception report
Inventory records file
28. Which of the following is considered a
primary report in an MRP system?
Cycle counting reports
Performance reports
Planned order schedules
Planning reports
Exception reports
29. The centroid method for plant location uses
which of the following data?
Probabilities and payoffs
Correlation matrix of existing facilities
Volume of goods to be shipped between existing
points
Inbound transportation costs

13. Transport times between facilities
30. In Hau Lee's uncertainty framework to
classify supply chains, a supply chain for
functional products with an evolving supply
process is called which of the following?
Responsive
Forward looking
Efficient
Risk hedging
Agile