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Exam (elaborations)

COB 300 Operations TopHat Raktim Pal with complete solutions rated A+ passed

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  • Course
  • COB 300d
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  • COB 300d

COB 300 Operations TopHat Raktim Pal with complete solutions rated A+ passed

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  • September 11, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • COB 300d
  • COB 300d
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BravelRadon
COB 300 Operations TopHat Raktim Pal

Among the following, which one is the latest? - correct answer ✔✔Mass Customization



Managing the supply chain has become more important as a result of firms increasing their levels of: -
correct answer ✔✔Outsourcing



Which of the following is NOT a reason for poor performance of our organization in the marketplace? -
correct answer ✔✔Taking advantage of strengths/opportunities and recognizing competitive threats



Which of the following is least likely (relative to the other choices) to affect the cost an organization
incurs in producing its products or services? - correct answer ✔✔Price



Which of these factors would be least likely to affect productivity? - correct answer ✔✔Advertising



Which of the following is true? - correct answer ✔✔Functional strategies are shaped by organizational
strategy.



Years ago in the overnight delivery business, providing package-tracking capability gave some firms a
competitive advantage. Now, all firms must offer this capability simply to be in this line of business. This
is an example of ________ becoming _________ over time. - correct answer ✔✔Order Winners; Order
Qualifiers



ABC Corporation has a plant in Baltimore area that uses 200 tons of raw materials, 300 hours of labor,
and 500 units of electricity to make 50 tons of a particular type of chemical per week. Annual overhead
cost is $26,000. The cost of labor is $20 per hour and the cost of electricity is $2 per unit. It costs $30 to
buy 1 ton of raw materials. Assume 52 weeks in a year. Based on the given information, find the
following. The multifactor productivity (tons of chemical produced per dollar spent) of this company on a
weekly basis is: - correct answer ✔✔0.0037

, XYZ Corporation likes to increase its productivity by 20% by reducing amounts of inputs used in its
finished good. Amount of inputs used should be reduced by: - correct answer ✔✔None of the above
(not 10, 15, 20, or 25%)



A clinic in Harrisonburg is open from 8 AM to 5 PM (no break) and sees approximately 10 patients in
each hour. Due to increasing demand, the clinic decided to take more appointments and would see
approximately 16 patients per hour during 8 AM - 10 AM and 4 PM - 5 PM. The total number of patients
served per day would increase by: - correct answer ✔✔20%



The main focus of concurrent approach is to - correct answer ✔✔Reduce the time required to complete
all design functions



A machine is made of three key components: A, B, and C. Reliabilities of A, B, and C are 0.96, 0.95, and
0.98 respectively. There is an additional component, B", which has a reliability of 0.9 and works as a
backup unit for component B. What is the overall reliability of the machine? - correct answer ✔✔93.61%



In which variant of the generic product development process are the cleaning products? - correct answer
✔✔Process-intensive products



The main focus of quality function deployment (QFD) is: - correct answer ✔✔To get the voice of the
customer into the design of a product



Consider a business that can be run using either a make-to-stock or a make-to-order process. The
manufacturing lead-time is quite short. The approximate demand is 10,000 per month and it is spread
out evenly throughout the month. The processing capacity is 15,000 per month. Based on information,
which one would you choose? - correct answer ✔✔Make-to-order



A financial institution's back office processes credit applications. Each application goes through four
stages (in a sequence) as shown in the figure below. One person works at each stage and the time that
person takes (at each stage) to process one application is shown in the figure. If the office needs to start
working on a new application every five minutes on an average, which of the following stage(s) will be
blocking? - correct answer ✔✔Stage 3 (the one not allowing the previous one to move on when
finished)

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