100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
OPSM 330 Final Exam (Answered) 100% Complete Solution 2023/2024 $13.49   Add to cart

Exam (elaborations)

OPSM 330 Final Exam (Answered) 100% Complete Solution 2023/2024

 15 views  0 purchase
  • Course
  • Institution

OPSM 330 Final Exam (Answered) 100% Complete Solution 2023/2024 Once production is underway and the learning curve effect is occurring, successive changes made to the production process will cause the time per unit to: A) continue following the original learning curve without any impact B) c...

[Show more]

Preview 3 out of 26  pages

  • October 7, 2023
  • 26
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
OPSM 330 Final Exam (Answered) 100%
Complete Solution 2023/2024
Once production is underway and the learning curve effect is occurring,
successive changes made to the production process will cause the time per unit
to:
A) continue following the original learning curve without any impact

B) cause a scallop effect

C) increase the unit time and result in a higher percentage learning curve

D) decrease the unit time and result in a higher percentage learning curve

E) decrease the unit time and result in a lower percentage learning curve
B) Cause a scallop effect
On a log-log graph, learning curves appear as:
A) upward-curving lines

B) downward-curving lines

C) straight lines

D)lines which increase at a decreasing rate

E) lines which decrease at a decreasing rate
C) Straight lines
It took exactly 10 hours to perform the first kidney transplant on a 100 percent
learning curve. The second kidney transplant will take how many hours to
perform?
A) 8.0 hours

B) 10.0 hours

C) 12.0 hours

D) A 100 percent learning curve cannot exist.

E) 5 hours
B) 10 hours
A job is expected to have a 70 percent learning curve. The first unit has been
completed in 20 hours. Accordingly, the second unit can be expected to take
approximately how many hours?
A) 6

,B) 9.8

C) 14

D) 20

E) 34
C) 14
A job with a 70 percent learning curve required 20 hours for the initial unit. The
fourth unit should require approximately how many hours?
A) 6

B) 9.8

C) 14

D) 20

E) 34
B) 9.8
How long would a job with a 70 percent learning curve and a time of 20 hours for
the first unit require (approximately, in hours) for the third unit?
A) 14.1

B) 11.5

C) 10

D) 7.8

E) 4.3
B) 11.5
A job is expected to have a learning curve of 90 percent. The third unit required
16 hours. The twelfth unit should take approximately how many hours?
A) 2.67

B) 4.83

C) 7.94

D) 10.31

E) 12.95
E) 12.95
In which of the following managerial activities would learning curves probably be
the least useful?

, A) negotiated purchasing

B) manpower planning
C) location analysis

D) budgeting

E) pricing new products
C) Location analysis
A manager is trying to estimate the learning rate for a new job. The first unit took
16 hours and the fourth unit required about 13 hours. The learning rate is:
A) 70%

B) 75%

C) 80%

D) 85%

E) 90%
E) 90%
To which of the following challenges are learning curves important
considerations?
A) capacity planning

B) product designs

C) process layouts

D) output-based compensation

E) demand forecasting
A) capacity planning
Nearness to raw materials would be most important to a:
A) grocery store

B) tax preparation service

C) manufacturing company

D) post office

E) hospital
C) manufacturing comapny
Which statement best characterizes a typical search for location alternatives?
A) identify the best location choice

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ACADEMICAIDSTORE. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

85443 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.49
  • (0)
  Add to cart