bus 515_bus515 final exam part 1 (chapter 6 through chapter 10)

10/13/2015 TheAceStudent: BUS 515/BUS515 FINAL EXAM PART 1 (CHAPTER 6 THROUGH CHAPTER 10)

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BUS 515/BUS515 FINAL EXAM PART 1 (CHAPTER 6 THROUGH CHAPTER 10)

Chapter 6Multiple Choice Question 19What measures the central tendency of a set of data?Coefficient of variationVarianceStandard deviationMeanRange Multiple Choice Question 39Consider a pchart measuring the percentage of defective light bulbs. If the LCL is .04 and a samplehas 1% defects, what is the implication?The process is in a state of control.The process is out of control even though the variation is “good.”The value of sigma must be increased.The process has too many errors. A calculation error must have occurred Multiple Choice Question 16An OC curve is an example of what?Traditional statistical toolsFishbone diagrammingAcceptance samplingExperimental designStatistical process controlMultiple Choice Question 25On a control chart, what separates common from assignable causes of variation?xbar linesControl limitsSpecification limitsProduction limitsMean divided by standard deviationMultiple Choice Question 41What are preset ranges of acceptable quality characteristics?Control limitsProduct specificationsSixsigma limitsAQC limitsRchart limitsChapter 7Multiple Choice Question 26According to JIT, __________ is carried to cover up a wide variety of problems, such as poorquality, demand uncertainty, and slow delivery.InventoryExcess capacityA group of backup workersSpare equipment

BUS 515/BUS515 FINAL EXAM PART 1 (CHAPTER 6THROUGH CHAPTER 10)

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InsuranceMultiple Choice Question 65Which of the following is not a role of JIT management?creating a JIT culturecost and information sharingserving as coaches and facilitatorsdeveloping an incentive systemensuring multifunctional training occursMultiple Choice Question 36JIT uses a pull system where communication starts with either the customer or with the _________work station in the production line.FirstBottleneckDominantMost expensiveLastMultiple Choice Question 61JIT production workers are expected toCover up quality problemsIgnore dataTake responsibility in getting to the root cause of quality problemsBlame problems on someone elseHave a poor attitude about qualityMultiple Choice Question 70The benefits of longterm relationships with a small number of suppliers include all of the followingexceptAlways getting the lowest priceFocus on improving process controlsGreater accountabilityDevelop stable delivery schedulesEliminate paperworkChapter 8Multiple Choice Question 1Forecasting is not a function which contributes to:deciding which business market to pursuedeciding which product to producedeciding how bonuses should be allocateddeciding how much inventory to carrydeciding how many people to hireMultiple Choice Question 10Which forecasting method is particularly good for predicting technological changes and scientificadvances?Market researchExecutive opinionDelphi methodNaïve methodGamma methodMultiple Choice Question 30What are the most frequently used forecasting techniques?Linear regressionSimple meanExponential smoothingWeighted moving averageEconometric models



Multiple Choice Question 17Which of the following is a causal forecasting method?NaïveMoving averageWeighted moving averageTrend adjusted exponential smoothingLinear regressionMultiple Choice Question 74“Inside information” is most likely garnered through which of the following forecasting methods?exponential smoothingseasonal indexesnaïveDelphimultiple regressionChapter 9Multiple Choice Question 56The least likely reason for a U.S. firm to choose to locate a factory in a foreign country is_____________.climateNatural resourcesmarketscheaper supplierslow labor costsMultiple Choice Question 55Issues that need to be considered in location globally include all of the followingexcept______________.different culturesFEC accounting requirementslanguage barriersdifferent lawsdifferent business practicesMultiple Choice Question 6Capacity planning is complicated by the fact that ___________________.capital markets are complexexisting facilities may become obsoletecapacity is difficult to definecapacity is usually purchased in chunks, rather than smooth incrementsdepreciation must be calculatedMultiple Choice Question 44Service organizations such as restaurants, movie theaters, and banks focus on locating near____________.suppliersroadsintersectionstheir customerspotential workersMultiple Choice Question 25Management has decided to add capacity incrementally in smaller chunks as needed, rather thanpurchasing one large facility. This decision ____________________.is very riskywill result in low initial costswill ultimately result in lower costs per unit if demand increases rapidlypositions the company to be well prepared for high demand in the futurecan lead to a large amount of excess capacity



Chapter 10Multiple Choice Question 34The first step in designing a layout isidentifying the facilitygathering informationselecting the correct layout software packagedeveloping a REL chartdeveloping a fromto matrixMultiple Choice Question 65What is the term for a system in which the product being worked on is physically attached to theline and automatically moved to the next station when the cycle time has elapsed?cyclical linepaced lineautolinecontinuous lineconstrained lineMultiple Choice Question 4Which of the following is not one of the four basic layout types?producthybridprocessfixed positioninvertedMultiple Choice Question 27Which company is widely considered to be the leader of justintime production?FordTimexGatewayToyotaSonyMultiple Choice Question 24A highvolume paper mill is an example of which layout type? invertedcircularprocessfixed positionproduct

BUS 515/BUS515 FINAL EXAM PART 1 (CHAPTER 6 THROUGH CHAPTER 10)


bus 515_bus515 final exam part 1 (chapter 6 through chapter 10)

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