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P370 Midterm Practice Problems || A+ RATED

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  • Course
  • P370
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  • P370

Current issues in OSCM do not include: a) Coordinating relationships between organizations b) Making senior management aware that OSCM can be a competitive weapon c) The triple bottom line d) Managing customer touch points e) Increasing global supply chain employment - e) Increasing global sup...

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  • October 24, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • P370
  • P370
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P370 Midterm Practice Problems || A+ RATED
Current issues in OSCM do not include:
a) Coordinating relationships between organizations
b) Making senior management aware that OSCM can be a competitive weapon
c) The triple bottom line
d) Managing customer touch points
e) Increasing global supply chain employment - e) Increasing global supply chain
employment

Management decisions within the operations function can be classified into the following
levels:
a) Strategic and tactical.
b) Tactical, strategic, and transformation.
c) Strategic, transformation, and operational planning and control.
d) Strategic, tactical, and operational planning and control.
e) Transformation, strategic, and tactical. - d) Strategic, tactical, and operational
planning and control.

What is the "Big Question" answered by the Operations function (simplified):
a) Who?
b) How?
c) What?
d) When? - b) How?

The service sector is now the largest employer of US citizens. As we look ahead to the
future, and knowing services are the "younger sector, yet fastest growing sector", which
of the following statements is most accurate?
a) Productivity gains in the service sector will be easier to generate than productivity
gains in the manufacturing sector.
b) Productivity gains in the service sector will be a bigger challenge than productivity
gains in the manufacturing sector.
c) Productivity gains in the service sector will be impossible to attain.
d) Productivity gains in both sectors will be equally attainable. - b) Productivity gains in
the service sector will be a bigger challenge than productivity gains in the manufacturing
sector.

The Strategic Planning Process is characterized by which of the following activities?
a) Segment the market according to product group.
b) Consider expansion of capital assets.
c) Measure growth in productivity each month.
d) Both A and B are correct. - d) Both A and B are correct.

Which of the following is a definition of productivity? (think of the formula here)
a) The degree of goal attainment
b) A ratio of input per unit of output
c) The effectiveness of capital and equipment

, d) Labor hours required to produce a specific product
e) The amount of output per hour worked - e) The amount of output per hour worked

Which of the following measures is a partial productivity measure?
I. Output/Labor
II. Output/Materials
III. Output/(Labor+Energy+Capital)
IV. Output/Inputs - I and II only

The heart of Operations Management is the management of production systems. A
production system uses ____ to provide goods and services to the customer.
a) Production, Workforce, Inventory
b) Start-up, Alteration, Output
c) Input, Transformation, Output
d) Set-up, Conversion, Yield
e) Capacity, Sequencing, Efficiency - c) Input, Transformation, Output

Productivity increases when:
a) Inputs increase while outputs remain the same.
b) Inputs decrease while outputs remain the same.
c) Outputs decrease while inputs remain the same.
d) Inputs and outputs increase proportionately. - b) Inputs decrease while outputs
remain the same.

Which of the following factories is the most productive?
a) Factory V1, which uses 43 units of input to produce 38 units of output
b) Factory W15, which uses 28 units of input to produce 27 units of output
c) Factory X3A, which uses 57 units of input to produce 58 units of output
d) Factory Y3, which uses 120 units of input to produce 110 units of output
e) Factory ZZ3, which uses 260 units of input to produce 240 units of output - c) Factory
X3A, which uses 57 units of input to produce 58 units of output

Suppose we are using the CPM with three time estimates (PERT) to schedule a project.
What is the variance of the length of the critical path, if there is a 92.22% probability that
the project will be completed within the expected duration plus three time periods?
Select the nearest correct answer. (HINT: Use the Z formula to find the value) - 4.46

As project manager, it is important to deal with the people issues as well as scheduling.
Which of the following project organizational structure would require your time and
attention to handle team members' frustration in dealing with two bosses?
a) Pure project structure
b) Matrix project structure
c) Functional project structure
d) Hierarchical project structure
e) Both A and B are acceptable project structures - b) Matrix project structure

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