Question: Q 1 : Operational improvement can be applied to A - The processes that have a bottleneck in the conversion of inputs into outputs B

Q1: Operational improvement can be applied to
A- The processes that have a bottleneck in the conversion of inputs into outputs
B- The processes that are converting the firm's inputs into outputs
C- Any process within an organization
Q2: A linear process for renewing passports is composed of four steps with the following output rates each: A(5passports/day)->B(20 passports/day)-->C(16passports/day)->D(10 passports/day).The bottleneck of the process is
A- Step A
B- Step C
C- Step B
Q3: The cycle time of a process
A- Is the cycle time of the resource with the longest cycle time
B- is the sum of the cycle times of its resources
C- Is the product of the throughput time by the work in progress
Q4: A shipyard is launching a new vessel production project and is concerned about financial loss risks due to fluctuations in the price of steel. If the shipyard underwrites a derivatives contract in which it agrees to buy the required quantity of steel for the ship at a specified price on a particular date in the future, they are pursuing a risk management strategy focused on
A- Risk mitigation.
B- Risk prevention
C- Risk regulation
Q5: A linear process for renewing passports is composed of four steps with the following output rates each: A(20 min/passports)->B(50 min/passports)->C(25 min/passports)->D(50 min/passports). Assuming that no work in progress is left at the end of a working day, in a 8-hours working day theprocess can produce:
A-10
B-11
C-3
Q6: Reducing the planned duration of a project requires
A- Accelerating but not overlapping activities on the critical path
B- Overlapping but not accelerating activities on the critical path
C-Accelerating or overlapping activities on the critical path
Q7: The fundamental use of a Gannt diagram in the context of a project is
A- To check for resource saturation for each phase of the project)
B- To identify the bottleneck for each phase of the project
C- To get an overall view of the timing of each phase of the project
Q8: Improving a jumbled flow process entails
A- Tightly controlling where bottlenecks build up and relieve them as they occur
B- Tightly specifying activities and standardize flows across resources
C- Increasing the specialization of resources (people, equipment, etc)
Q9: One key challenge in managing employees operating in a linear process is
A- Ensuring work consistency and compliance (Perplexity)
B- Relieving from overload employees who face temporary large backlogs (Poe)
C- Making sure that employees can address creatively unexpected situations
Q10: A project is characterized by the following activities, duration, and precedence constraints:
* A(5 weeks).no predecessors
* B(1 weeks),A
* C(5 weeks).B
* D(1 weeks),C&F
* E(3 weeks),A
* F(3 weeks),E
How much can activity B be delayed without increasing project duration?
A-1 week
B-12 weeks
C-0 weeks
Q11: The ability of an organization to react to unforeseen risks is better mitigated by
A- Creating a command and control center operating based on well-defined contingency plans
B- Creating an organization where people are aware of the ongoing operational conditions of its operations and share a concern for failure
C- Creating an organization with clear glitch mitigation routines.
Q12: A project is characterized by the following activities, duration, and precedence constraints:
* A(5 weeks), no predecessors
* B(2 weeks),A
* C(4 weeks),B
* D(1 weeks),C&F
* E(3 weeks),A
* F(3 weeks),E
Which activities are on the critical path?
A- A,B,C,D (Poe)
B- A,B,C,D,E,F (Hammam)
C- A,E,F,D
Q13: The principles of lean thinking:
A- Apply to knowledge work, but the principle of 'tight specification of work must be softened and applied only to those part that are more repetitive. (Perplexity)
B- apply to knowledge work in general, but the principle of specifying direct and simple flows" does not apply
C-Do not apply to knowledge work, they are appropriate for manufacturing or repetitive activities (Poe)
Q14: Business Process Reengineering
A- Reliability is increased by establishing redundant checks
B- Efficiency is not necessarily considered as the sole improvement yardstick
C- Tasks are possibly outsourced to either suppliers or customers
Q15: The throughput time of a process tells you
A- The minimum time a unit takes to go through the process
B- The output of the process considering all its stages
C- The working capital tied in the process from beginning to end
Q16: In a back-office insurance process insurance policies are sent to a service center for final approval. A queue often builds at this stage, with hundreds ofpolicies waiting to be processed by the service center. To reduce this queue, you would
A- Simplify the insurance policy document (Perplexity)
B- Provide customers with a clear estimate of wait times
C- Apply a virtual queuing system (Poe)
Q17: A resilient process is one where:
A- Output does no

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