1. For the same service level, which inventory system will require greater safety stock?

a) periodic

b)perpetual

2.

In project management, the term slack refers to:

a) the amount of time an activity must be completed in without delaying the project

b) the amount of time an activity can be delayed without delaying the project

c) the amount of time needed to complete the entire project

d) the amount of time required to complete the projects critical activities

e) the latest time that an activity must be started

3.Which of the following is NOT correct?

a)The capacity rate of a task equals 1hr/flow time of the task

b)The throughput rate is the minimum of input rate and capacity rate

c)The utilization of the bottleneck task is less than or equal to 1

d)When the bottleneck capacity is doubled, the capacity of the entire process must also double

e)The goal of effective layouts is to decrease the number of bottlenecks