Question: Operations management is applicable:A ) to services exclusively.B ) mostly to the manufacturing sector.C ) to the manufacturing sector exclusively.D ) to all firms, whether
Operations management is applicable:A to services exclusively.B mostly to the manufacturing sector.C to the manufacturing sector exclusively.D to all firms, whether manufacturing or service. E mostly to the service sector.Which ofthe following tasks within an airline company are related to operations?A accounts payableB salesC crew schedulingD international monetary exchangeE advertisingWhich ofthe following is a similarity between goods and services?A Bothhavequalitystandards. B consistencyC automationD massproductionE Both can usually be kept in inventory.A small metal shop operates hours each day, producing partshour If productivity were increased how many hours would the plant have to work to produce l parts?A between and hours B between and hours C between and hours D less than hoursE between and hoursThree commonly used productivity variables are:A quality, external elements, and precise units of measure. B quality, efficiency, and low cost.C labor, capital, and management.D education, diet, and social overhead.E technology, raw materials, and labor.Which ofthe following is LEAST likely to be a lowcost leadership competitive advantage?A effective capacity use B mass productionC broad product lineD inventory managementE low overheadI A SWTana:nc yss determinesJn s and weaknesses and internal opportunities and threats. A project organ:ization:.A internaJ strength B extemaJ stre~~ and Weaknesses and external opportunities and threats.C internal strength and weaknesses and internal opportunities and threats. sandop rt D externaJstren th po unities and external weaknesses and threats. Einternal stre gthg sand weaknesses andexternal opportunities and threats.Aismosthelpfulfor B ffi C ~s e ective for companies with multiple large projects.. ongomg proJects with no termination date. ~s most he~pful whelil the work contains simple and unrelated tasks. D is appropnate.only in construction firms.E o:ftemfails when the project cuts across organizational lines.Which ofthe following statements regarding Gantt charts is true?A Gantt charts are visual devices that show the duration of activities in a project.B Gantt charts use the four standard spines of Methods, Materials, Manpower, and Machinery. C Gantt charts are expensive.D Gantt charts give a timeline and precedence relationships for each activity of a project.E All ofthe above are true A project being analyzed by PERT has activities, of which are on the critical path. If the estimated time along the critical path is days with a project variance of what is the probability that the project will take days or more to complete?A B near zero CD E Which ofthe following is not a type ofqualitative forecasting?A market surveyB Delphi methodC moving averageDjury ofexecutive opinion E sales force composite John's House ofPancakes uses a weighted moving average method to forecast pancake sales. It assigns a weight ofto the previous month's demand, to demand two months ago, and to demand three months ago. Ifsales amounted to pancakes in May, pancakes in June, and pancakes in July, what should be the forecast for August?A I B C D E The tracking signal is the:A standard error of the estimate.B absolute deviation ofthe last period's forecast.CMAPEDMADE ratio of cumulative error MAD.
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