A project has three sequences of activities (paths), two of which are critical. The critical paths of this project can be characterized in the following way:
A. The slack times for each task in the entire project are zero.
B. The chain of activities (from start to finish) that has the largest sum...
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A project has three sequences of activities (paths), two of which are critical. The critical
paths of this project can be characterized in the following way:
A. The slack times for each task in the entire project are zero.
B. The chain of activities (from start to finish) that has the largest sum of activity
durations.
C. The early start date and early finish date are always the same for each activity on the
critical path.
D. To reduce the project duration, you must reduce the slack time of a task on the
critical path.
E. None of the above are correct. - Correct Answer B. The chain of activities (from
start to finish) that has the largest sum of activity durations.
Consider the following regarding learning curves:
I. The mathematical relationship between time to perform a task and experience is
generally linear.
II. A learning rate of 85% is superior to a learning rate of 80%III. The value of n is
always negative for learning to occur.
IV. The value for k can be read directly from the Excel regression output (i.e. no
transformation is needed). Choose the correct response below:
A. items I and IV are false; items II and III are true
B. items I, II and IV are false; item III is true
C. items III and IV are false; items I and II are true
D. items II, III and IV are false; item I is true
E. all of the statements are true - Correct Answer B. items I, II and IV are false; item III
is true
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 - Correct Answer 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. - Correct Answer 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?
E. none of the above - Correct Answer 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.
E. None of the above statements are true. - Correct Answer 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.
E. A, B and C are all correct. - Correct Answer 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 - Correct Answer E. The amount of output
per hour worked
Which of the following measures is a partial productivity measure?
I. Output/Labor
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