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BUS 515 FINAL EXAM PART 1 & 2

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BUS 515 FINAL EXAM PART 1 & 2

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  • November 17, 2023
  • 13
  • 2023/2024
  • Exam (elaborations)
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BUS 515 FINAL EXAM PART 1 & 2
PART 1
Chapter 6
Multiple Choice Question 19
What measures the central tendency of a set of data?
Coefficient of variation
Variance
Standard deviation
Mean
Range
Multiple Choice Question 39
Consider a p-chart measuring the percentage of defective light bulbs. If the LCL is .04 and a sample has 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 16
An OC curve is an example of what?
Traditional statistical tools
Fishbone diagramming
Acceptance sampling
Experimental design
Statistical process control
Multiple Choice Question 25
On a control chart, what separates common from assignable causes of variation?
x-bar lines
Control limits
Specification limits
Production limits
Mean divided by standard deviation
Multiple Choice Question 41
What are preset ranges of acceptable quality characteristics?
Control limits
Product specifications
Six-sigma limits
AQC limits
R-chart limits
Chapter 7
Multiple Choice Question 26

, BUS 515 FINAL EXAM PART 1 & 2
According to JIT, __________ is carried to cover up a wide variety of problems, such as poor quality, demand uncertainty, and
slow delivery.
Inventory
Excess capacity
A group of back-up workers
Spare equipment
Insurance
Multiple Choice Question 65
Which of the following is not a role of JIT management?
creating a JIT culture
cost and information sharing
serving as coaches and facilitators
developing an incentive system
ensuring multifunctional training occurs
Multiple Choice Question 36
JIT uses a pull system where communication starts with either the customer or with the _________ work station in the production
line.
First
Bottleneck
Dominant
Most expensive
Last
Multiple Choice Question 61
JIT production workers are expected to
Cover up quality problems
Ignore data
Take responsibility in getting to the root cause of quality problems
Blame problems on someone else
Have a poor attitude about quality
Multiple Choice Question 70
The benefits of long-term relationships with a small number of suppliers include all of the following except
Always getting the lowest price
Focus on improving process controls
Greater accountability
Develop stable delivery schedules
Eliminate paperwork
Chapter 8
Multiple Choice Question 1
Forecasting is not a function which contributes to:
deciding which business market to pursue
deciding which product to produce

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