Answer all the MCQ's

Customers arrive at an ATM machine at a mean rate of 5 per hour. They are 1 point at the ATM for an average of 10 minutes. This is an example of: * MM1 MMS O O O O O MID MD1 MIM 1 point When you are doing the workstation math, you come up with N min of 3.1. Given this information, we can say the final number of workstations must be: 4 3 not enough information to answer this question 3 or more 4 or more 1 point Which of these project managers is likely to receive a better review from her/his supervisors? * PM that completed project on time, within budget, fulfilling most objectives PM that completed project on time, in full, within budget PM that completed project on time, in full, outside budget PM that completed project an hour after deadline, within budget, fulfilling all the objectives PM that completed project before deadline, fulfilling all objectives, spending just a bit more than planned 1 point You are setting inventory targets for your products. Which one are you likely to have more buffer stock for?* O product with high demand product from supplier with high lead time O O O O O product with moderate demand product from supplier with low lead time O product from supplier with unpredictable lead time 1 point You go to a shop that checks your personal needs and makes lipstick particularly designed for you. These bespoke items are examples of: * O Repetitive Continuous O Job shop Batch Assembly line A two bin system is very similar to a* 1 point notebook O chequebook bank deposit booklet online ordering system O online banking system N min is 5.3. This means we must have: * 1 point O at least 5.3 workstations at least 5 workstations maximum 4 workstations maximum 5 workstations O at least 6 workstations When designing a retail shop layout * 1 point it's necessary to think about functionality and aesthetics knowledge of production process is very important O knowledge about the minimum number of workstations is sufficient we need to think about the elimination of unwanted footsteps we need to consider aesthetics above all Which of the following items is most likely to have a safety stock?* 1 point Pillows that have unpredictable demand Bananas that have high demand O Juice with stable demand Canned tuna that has predictable high demand O Cosmetics that have low demand When planning the layout of a factory * 1 point O knowledge about the minimum number of workstations is sufficient it's necessary to think about the final customer knowledge of the production process is irrelevant we must consider aesthetics above all it's necessary to think about the elimination of unwanted footsteps