The document is a multiple choice exam for an operations/571 final exam. It contains 30 multiple choice questions testing concepts related to operations management, quality management, supply chain management, project management, capacity management, and forecasting. The questions cover topics such as process types, quality tools, inventory models, scheduling, performance measures, and supply chain strategies.
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This document contains 30 multiple choice questions that appear to be from a final exam for a QNT/561 quality and operations management course. The questions cover topics like process types, process metrics, quality management tools, inventory management models, project management, forecasting, supply chain management and capacity management.
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This document provides answers to 30 multiple choice questions from a final exam for an MKT/571 course. The questions cover topics such as operations management, supply chain management, project management, quality management, demand forecasting, and capacity management.
This document contains 30 multiple choice questions that appear to be from a final exam for a QNT 561 operations management course. The questions cover topics like process types, process metrics, quality management, forecasting, capacity management, and other operations and supply chain concepts.
This document provides a summary of key points from a final exam for an MKT 571 course. It includes 30 multiple choice questions covering topics like operations management processes, quality management, inventory management, project management, demand forecasting, supply chain management, and capacity management. The questions assess understanding of concepts like make-to-stock processes, process metrics, blocking in production, product development timelines, quality dimensions, failure costs, inventory models, work center scheduling, project milestones, forecasting methods, supply chain efficiency, and capacity utilization rates.
This document provides a summary of key points from an OPS 571 final exam with 30 multiple choice questions covering operations management topics like process types, process metrics, blocking, process flow structures, quality management, inventory management, scheduling, project management, forecasting, supply chain management, and capacity management. The questions assess understanding of core OM concepts and how they apply in different business contexts.
This document provides a 30 question multiple choice quiz on operations management and supply chain concepts along with the questions and possible answer choices. The quiz covers topics such as process types, metrics, quality management, forecasting, capacity, and supply chain management. This resource could be used to test knowledge of key operations and supply chain principles.
Qnt 561 qnt/561 final exam 100% correct answersGliven
This document provides answers to a 30 question multiple choice exam on operations management topics including process types, process metrics, process flow structures, quality management, forecasting, supply chain management, and capacity management. The questions cover concepts like make-to-stock processes, throughput time, blocking, time-to-market, quality function deployment, economic order quantity, work center scheduling, project milestones, time series forecasting, supply chain response, and capacity utilization rate.
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This document provides the questions and answers for a QNT 561 final exam. It contains 30 multiple choice questions covering topics related to operations management, including production processes, quality management, forecasting, supply chain management, and capacity planning. The questions test understanding of concepts like make-to-stock processes, process metrics, blocking in production, quality function deployment, work center scheduling, project management, time series forecasting, and capacity utilization rates.
(New) qnt 561 qnt561 final exam entire answers with questions correct 100%twiter343r
This document contains 30 multiple choice questions that appear to be from a final exam for a QNT/561 quality and operations management course. The questions cover topics like process types, process metrics, quality management tools, inventory management models, project management, forecasting, supply chain management and capacity management.
(New) mkt 571 mkt571 final exam entire answers with questions correct 100%twiter343r
This document provides answers to 30 multiple choice questions from a final exam for an MKT/571 course. The questions cover topics such as operations management, supply chain management, project management, quality management, demand forecasting, and capacity management.
This document contains 30 multiple choice questions that appear to be from a final exam for a QNT 561 operations management course. The questions cover topics like process types, process metrics, quality management, forecasting, capacity management, and other operations and supply chain concepts.
This document provides a summary of key points from a final exam for an MKT 571 course. It includes 30 multiple choice questions covering topics like operations management processes, quality management, inventory management, project management, demand forecasting, supply chain management, and capacity management. The questions assess understanding of concepts like make-to-stock processes, process metrics, blocking in production, product development timelines, quality dimensions, failure costs, inventory models, work center scheduling, project milestones, forecasting methods, supply chain efficiency, and capacity utilization rates.
This document provides a summary of key points from an OPS 571 final exam with 30 multiple choice questions covering operations management topics like process types, process metrics, blocking, process flow structures, quality management, inventory management, scheduling, project management, forecasting, supply chain management, and capacity management. The questions assess understanding of core OM concepts and how they apply in different business contexts.
This document provides a 30 question multiple choice quiz on operations management and supply chain concepts along with the questions and possible answer choices. The quiz covers topics such as process types, metrics, quality management, forecasting, capacity, and supply chain management. This resource could be used to test knowledge of key operations and supply chain principles.
Qnt 561 qnt/561 final exam 100% correct answersGliven
This document provides answers to a 30 question multiple choice exam on operations management topics including process types, process metrics, process flow structures, quality management, forecasting, supply chain management, and capacity management. The questions cover concepts like make-to-stock processes, throughput time, blocking, time-to-market, quality function deployment, economic order quantity, work center scheduling, project milestones, time series forecasting, supply chain response, and capacity utilization rate.
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This document provides the questions and answers for a QNT 561 final exam. It contains 30 multiple choice questions covering topics related to operations management, including production processes, quality management, forecasting, supply chain management, and capacity planning. The questions test understanding of concepts like make-to-stock processes, process metrics, blocking in production, quality function deployment, work center scheduling, project management, time series forecasting, and capacity utilization rates.
This document provides a summary of key points from an OPS 571 final exam with 30 multiple choice questions covering topics like operations processes, quality management, inventory management, project management, forecasting, supply chain management, and capacity management. Some of the questions address make-to-stock processes, process metrics, blocking in production, process flow structures, performance dimensions, equipment selection criteria, quality function deployment, value analysis, new product design phases, design quality dimensions, quality costs, independent demand, inventory management systems, and scheduling principles.
This document provides a summary of key points from an OPS 571 final exam with 30 multiple choice questions covering operations management topics like process types, process metrics, blocking, process flow structures, quality management, forecasting, capacity management, and supply chain management. The questions assess understanding of concepts like make-to-stock processes, throughput time, economic order quantity models, work center scheduling, project management, time series forecasting, and capacity utilization rates.
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This document provides a summary of key information from an OPS 571 final exam with 30 multiple choice questions covering operations management topics like process types, process metrics, quality management, forecasting, capacity management, and supply chain management. The questions assess understanding of concepts like make-to-stock processes, throughput time, blocking, process flow structures, time-to-market, quality function deployment, value analysis, work center scheduling, project milestones, time series forecasting, supply chain efficiency, and capacity utilization rate.
This document contains 30 multiple choice questions that appear to be from a final exam for a QNT 561 operations management course. The questions cover topics like process types, process metrics, quality management, forecasting, capacity management, and other operations and supply chain concepts.
This document contains 30 multiple choice questions that appear to be from a final exam for a QNT 561 operations management course. The questions cover topics like process types, process metrics, quality management, forecasting, capacity management, and other operations and supply chain concepts.
This document provides a summary of key points from a final exam for an MKT 571 course. It includes 30 multiple choice questions covering topics like operations management processes, quality management, inventory management, project management, demand forecasting, supply chain management, and capacity management. The questions assess understanding of concepts like make-to-stock processes, process metrics, blocking in production, product development timelines, quality dimensions, failure costs, inventory models, work center scheduling, project milestones, forecasting methods, supply chain efficiency, and capacity utilization rates.
This document provides a summary of key points from a final exam for an MKT 571 course. It includes 30 multiple choice questions covering topics like operations management processes, quality management, inventory management, project management, demand forecasting, supply chain management, and capacity management. The questions assess understanding of concepts like make-to-stock processes, process metrics, blocking in production, product development timelines, quality dimensions, failure costs, inventory models, work center scheduling, project milestones, forecasting methods, supply chain efficiency, and capacity utilization rates.
The document appears to be a list of 30 multiple choice questions from a QNT 561 final exam covering various operations management topics including process types, process metrics, quality management, forecasting, supply chain management, and capacity planning. Key topics assessed include make-to-stock processes, throughput time as a common process metric, blocking as a cause for activities stopping, batch processing as a major process flow structure, and time-to-market as the most important performance dimension for new product development projects.
The document contains a 30 question multiple choice exam on operations management topics like process types, process metrics, capacity management, forecasting techniques, and supply chain management. The questions cover concepts like make-to-stock processes, process flow structures, quality function deployment, work center scheduling, project management, time series forecasting, and efficient supply chains.
QNT 561 QNT561 Final EXAM MCQ`s Correct Answers 100%johnMilit
The document appears to be a list of 30 multiple choice questions from a QNT 561 final exam covering various operations management topics including: process types, process metrics, quality management, forecasting, supply chain management, and capacity management. Key terms assessed include economic order quantity, bottleneck processes, time series forecasting, and capacity utilization rate.
QNT 561 QNT/561 Final EXAM MCQ\s Correct Answers 100%johnMilit
The document contains a 30 question multiple choice exam on operations management topics like process types, process metrics, capacity management, forecasting techniques, and supply chain management. The questions cover concepts like make-to-stock processes, process flow structures, quality function deployment, work center scheduling, project management, time series forecasting, and efficient supply chains.
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This document provides the questions and multiple choice answers to a QNT/561 Final Exam. It contains 30 multiple choice questions covering various operations management topics like process types, quality management, inventory management, project management, forecasting, and supply chain management. The document requests an "A" feedback rating and wishes the reader good luck on the exam.
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This document provides the questions and multiple choice answers to a QNT/561 Final Exam. It contains 30 multiple choice questions covering various operations management topics like process types, quality management, inventory management, project management, forecasting, and supply chain management. The document requests an "A" feedback rating and wishes the reader good luck on the exam.
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This document provides the questions and multiple choice answers to a QNT/561 Final Exam. It contains 30 questions related to operations management topics like processes, quality management, inventory management, project management, forecasting, and supply chain management. The document requests an "A" feedback rating and wishes the reader good luck on the exam.
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This document provides the questions and multiple choice answers to a QNT/561 Final Exam. It contains 30 multiple choice questions covering various operations management topics like process types, quality management, inventory management, project management, forecasting, and supply chain management. The document requests an "A" feedback rating and wishes the reader good luck on the exam.
This document provides a 30 question multiple choice exam on operations management topics including processes, quality management, forecasting, aggregate planning, and MRP systems. The questions cover concepts like make-to-stock processes, process metrics, blocking in production, quality function deployment, and elements of JIT and Lean systems. The document aims to test students' understanding of key OM principles and terminology.
This document contains 30 multiple choice questions that appear to be from a final exam for a QNT/561 quality and operations management course. The questions cover topics like process types, process metrics, quality management tools, inventory management models, project management, forecasting, supply chain management and capacity management.
This document contains 30 multiple choice questions that test concepts in descriptive statistics, probability, and statistical inference. The questions cover topics such as levels of measurement, measures of central tendency, probability distributions, hypothesis testing, and experimental design. Correct answers are provided for self-assessment of understanding key statistical concepts.
This document provides answers to 30 multiple choice questions from a final exam for an MKT/571 course. The questions cover topics such as operations management, supply chain management, project management, quality management, demand forecasting, and capacity management.
The document provides answers to multiple choice questions about consulting best practices. It covers key phases of the consulting process like discovery, data collection, feedback, and implementation. Some important points covered are:
1) The discovery phase aims to define the problem, not distract or initiate control.
2) The first step of data collection is to identify what data to collect.
3) Feedback meetings should get the client's reaction to data and recommendations, not just present findings.
4) The goal of consulting is to teach clients how to solve their own problems in the future.
This document provides answers to 29 multiple choice questions about business concepts and practices. The questions cover topics such as communication, source credibility, logical reasoning, leadership, entrepreneurship, accounting, human resources, and strategic planning. The answers are intended to assess understanding of fundamental business principles and how businesses operate.
This document provides 30 multiple choice questions that appear to be from a final exam for an MGT/498 management course. The questions cover topics such as the benefits of strategic management, the phases of strategic management evolution, elements of the strategic management process, corporate governance, social responsibility, environmental scanning, competitive strategy, international strategy, functional strategy, strategy implementation, evaluation and control of performance, and measures of corporate performance.
This document provides a summary of key points from an OPS 571 final exam with 30 multiple choice questions covering topics like operations processes, quality management, inventory management, project management, forecasting, supply chain management, and capacity management. Some of the questions address make-to-stock processes, process metrics, blocking in production, process flow structures, performance dimensions, equipment selection criteria, quality function deployment, value analysis, new product design phases, design quality dimensions, quality costs, independent demand, inventory management systems, and scheduling principles.
This document provides a summary of key points from an OPS 571 final exam with 30 multiple choice questions covering operations management topics like process types, process metrics, blocking, process flow structures, quality management, forecasting, capacity management, and supply chain management. The questions assess understanding of concepts like make-to-stock processes, throughput time, economic order quantity models, work center scheduling, project management, time series forecasting, and capacity utilization rates.
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This document provides a summary of key information from an OPS 571 final exam with 30 multiple choice questions covering operations management topics like process types, process metrics, quality management, forecasting, capacity management, and supply chain management. The questions assess understanding of concepts like make-to-stock processes, throughput time, blocking, process flow structures, time-to-market, quality function deployment, value analysis, work center scheduling, project milestones, time series forecasting, supply chain efficiency, and capacity utilization rate.
This document contains 30 multiple choice questions that appear to be from a final exam for a QNT 561 operations management course. The questions cover topics like process types, process metrics, quality management, forecasting, capacity management, and other operations and supply chain concepts.
This document contains 30 multiple choice questions that appear to be from a final exam for a QNT 561 operations management course. The questions cover topics like process types, process metrics, quality management, forecasting, capacity management, and other operations and supply chain concepts.
This document provides a summary of key points from a final exam for an MKT 571 course. It includes 30 multiple choice questions covering topics like operations management processes, quality management, inventory management, project management, demand forecasting, supply chain management, and capacity management. The questions assess understanding of concepts like make-to-stock processes, process metrics, blocking in production, product development timelines, quality dimensions, failure costs, inventory models, work center scheduling, project milestones, forecasting methods, supply chain efficiency, and capacity utilization rates.
This document provides a summary of key points from a final exam for an MKT 571 course. It includes 30 multiple choice questions covering topics like operations management processes, quality management, inventory management, project management, demand forecasting, supply chain management, and capacity management. The questions assess understanding of concepts like make-to-stock processes, process metrics, blocking in production, product development timelines, quality dimensions, failure costs, inventory models, work center scheduling, project milestones, forecasting methods, supply chain efficiency, and capacity utilization rates.
The document appears to be a list of 30 multiple choice questions from a QNT 561 final exam covering various operations management topics including process types, process metrics, quality management, forecasting, supply chain management, and capacity planning. Key topics assessed include make-to-stock processes, throughput time as a common process metric, blocking as a cause for activities stopping, batch processing as a major process flow structure, and time-to-market as the most important performance dimension for new product development projects.
The document contains a 30 question multiple choice exam on operations management topics like process types, process metrics, capacity management, forecasting techniques, and supply chain management. The questions cover concepts like make-to-stock processes, process flow structures, quality function deployment, work center scheduling, project management, time series forecasting, and efficient supply chains.
QNT 561 QNT561 Final EXAM MCQ`s Correct Answers 100%johnMilit
The document appears to be a list of 30 multiple choice questions from a QNT 561 final exam covering various operations management topics including: process types, process metrics, quality management, forecasting, supply chain management, and capacity management. Key terms assessed include economic order quantity, bottleneck processes, time series forecasting, and capacity utilization rate.
QNT 561 QNT/561 Final EXAM MCQ\s Correct Answers 100%johnMilit
The document contains a 30 question multiple choice exam on operations management topics like process types, process metrics, capacity management, forecasting techniques, and supply chain management. The questions cover concepts like make-to-stock processes, process flow structures, quality function deployment, work center scheduling, project management, time series forecasting, and efficient supply chains.
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This document provides the questions and multiple choice answers to a QNT/561 Final Exam. It contains 30 multiple choice questions covering various operations management topics like process types, quality management, inventory management, project management, forecasting, and supply chain management. The document requests an "A" feedback rating and wishes the reader good luck on the exam.
Qnt 561 final exam mcq`s correct answers 100%liamSali
This document provides the questions and multiple choice answers to a QNT/561 Final Exam. It contains 30 multiple choice questions covering various operations management topics like process types, quality management, inventory management, project management, forecasting, and supply chain management. The document requests an "A" feedback rating and wishes the reader good luck on the exam.
Qnt 561 final exam mcq`s correct answers 100%Austing_3
This document provides the questions and multiple choice answers to a QNT/561 Final Exam. It contains 30 questions related to operations management topics like processes, quality management, inventory management, project management, forecasting, and supply chain management. The document requests an "A" feedback rating and wishes the reader good luck on the exam.
(New) final exam for qnt 561 qnt 561 all correct answers 100%ri0908O0o
This document provides the questions and multiple choice answers to a QNT/561 Final Exam. It contains 30 multiple choice questions covering various operations management topics like process types, quality management, inventory management, project management, forecasting, and supply chain management. The document requests an "A" feedback rating and wishes the reader good luck on the exam.
This document provides a 30 question multiple choice exam on operations management topics including processes, quality management, forecasting, aggregate planning, and MRP systems. The questions cover concepts like make-to-stock processes, process metrics, blocking in production, quality function deployment, and elements of JIT and Lean systems. The document aims to test students' understanding of key OM principles and terminology.
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This document contains 30 multiple choice questions that appear to be from a final exam for a QNT/561 quality and operations management course. The questions cover topics like process types, process metrics, quality management tools, inventory management models, project management, forecasting, supply chain management and capacity management.
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1. OPS/571 Final Exam
ANSWERS ARE HERE
Quality and inexpensive:
1. Which of the following is true about make-to-stock processes?
A. Make-to-stock processes can be controlled based on the actual or anticipated amount of
finished goods
B. Make-to-stock process is used when demand is seasonal and the firm does not have
enough
C. Services by their very nature often use make-to-stock processes.
D. A and B
2. According to your text, the most common process metric is:
A. Productivity
B. Utilization
C. Throughput time
D. Efficiency
3. ________ is when the activities in the stage must stop because there is no place to deposit
the item just completed.
A. Buffering
B. Starving
C. None of these answers
D. Blocking
4. According to Hayes and Wheelwright, which of the following is not a major process flow
structure?
A. Job Shop
B. Assembly Line
C. Project
D. Batch
5. The most important performance dimension for product development projects is
A. Quality
B. Product flexibility
C. Time-to-market
D. Productivity
6. The major decision variables in equipment selection are:
A. Flexibility
B. Labor requirements
C. Manufacturer
D. Both A and B
7. Quality Function Deployment:
A. is a tool for translating customer requirements into concrete operating and engineering goals.
2. B. facilitates inter-functional cooperation between marketing, engineering, and manufacturing.
C. provides a better understanding and focus on process characteristics that require
improvements.
D both a and B.
8. Which of the following statements is true about value analysis/value engineering?
A. the purpose of VA/VE is to simplify products and processes.
B the objective of VA/VE is to achieve equivalent or better performance at a lower cost.
C. VA is performed before the production stage, while VE deals with products already in
production.
D both A and B.
9. In which phase of new-product design process are considerations to target market, desired
level of performance, investment requirements and financial impact made:
A. detailed engineering.
B. Preliminary process design.
C. pilot manufacturing phase.
D. concept development and product planning.
10. Which of the following is not a dimension of design quality?
A. Durability.
B. Serviceability.
C. Customization.
D. Features.
11. Testing is an example of:
A. Prevention costs.
B. Internal Failure costs.
C. External Failure Cost.
D. Appraisal costs.
12. Which Quality Guru advocated that senior management is responsible for 94% of quality
problems?
A. Deming.
B. Ishikawa.
C. Juran.
D. Crosby.
13. Independent Demand is:
A. demand that is related to the demand for another item.
B. demand determined by the marketplace that requires forecasting.
C. Inventory whose demand comes from independent suppliers.
D. Inventory that is independent of any known rules of demand and supply.
14. Which of the following statements is true about the Q-system?
A. It does not have an EOQ, since the quality varies according to the demand.
B. The order interval is fixed not the order quanity.
C. It does not have a reorder point but rather a target inventory.
D. The system is completely determined by the two parameters, Q and R.
15. Which of the following is not an assumption of the basic economic-order quantity model?
A. ordering or setup costs are constant.
B. Quantity discounts are available.
C. annual demand is constant and known.
D. lead time is constant.
16. Which of the following is not a principle of work-center scheduling?
3. A. Schedule jobs as strings, with process steps back to back.
B. Obtain feedback each day on the jobs that are completed at each work center.
C. Once started, a job should not be interrupted.
D. Reschedule every day.
17. The assignment method is appropriate in solving problems that have the following
characteristics?
A. There are „n‟ things to be distributed to „n‟ destinations.
B. Though each destination may handle all the things, the final assignment has each thing
assigned to one and only one destination.
C. Only one criterion should be used (minimum cost, maximum profit, for example).
D. A and C.
18. The objective of work-center scheduling include(s):
A. To meet due dates.
B. To minimize lead times.
C. To minimize finish goods inventory.
D. Both A and B.
19. The measure of the firm‟s ability to make money according to Goldratt include:
A. Net profit.
B. Return on assets.
C. Cash flow.
D. Both A and C.
20. Goldratt‟s rule of production scheduling include all but:
A. An hour saved at a non-bottleneck is a marriage.
B. A process batch should be fixed both along its route and in time.
C. Do not balance the capacity-balance the flow.
D. Utilization and activation of a resource is not the same thing.
21. According to Goldratt and Fox, a useful performance measure to treat inventory is:
A. Quick ratio.
B. Dollar days.
C. Inventory turnover.
D. Current ratio.
22. The advantages of pure project include all but:
A. Decisions are made quickly.
B. A team member can work on several projects.
C. The project manager has full authority over the project.
D. Team pride, motivation, and commitments are high.
23. Which of the following is not a typical milestone?
A. Training of project members.
B. Completed testing of the prototype.
C. Completion of design.
D. Production of a prototype.
24. “Slack” refers to the difference between:
A. Observed and predicted times.
B. optimistic and pessimistic times.
C. Latest and earliest times.
D. finish and start times.
25. Which of the following statements are true about time-series forcasting?
4. A. Time series analysis is based on the idea that the history of occurrences over time can be
used to predict the future.
B. Agent liability. Time series analysis tries to understand the system underlying and
surrounding the item being forecast.
C. Under time-series methods, demand is divided into the time-based components such as
daily, weekly, etc.
D. Time series methods are useful for long-range forecasts when the demand pattern is erratic.
26. Which of the following product promotional activities would probably help make the supply
chain more efficient?
A. Special packaging for a specific event that occurs one time each year.
B. A 2 for 1 price promotion.
C. Price promotions that expire on a specific date.
D. An “everyday” low price strategy where prices are not dependent on quantity delivered with a
specific order.
27. According to Hau Lee, which of the following types of products need to be delivered with
efficient supply-chains?
A. Grocery Products.
B. High technology products.
C Customer products.
D. Innovative products.
28. Supply-chain response relates to the following?
A. How quickly a customer order can be filled.
B. How quickly a company can react to a new competing product.
C. How inexpensive the product is.
D. Both A and B.
29. Which of the following statements is not true about capacity management in operations?
A. Capacity planning itself has different meaning to individual at different levels within the
operations management hierarchy.
B. the definition of capacity, in an operations management context, makes a clear distinction
between efficient and inefficient use of capacity.
C. When looking at capacity, operations managers need to look at both resource input and
product outputs.
D. An operations management view also emphasizes the dimension of capacity.
30. Capacity utilization rate can be computed as:
A. Capacity used-best.
B. Capacity used x best.
C. Capacity used/best.
D. Capacity used + best.