Question: Waiting lines occur when Question 1 options: there is an imbalance between supply (capacity) and demand there is no imbalance between supply (capacity) and demand
Waiting lines occur when
Question 1 options:
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| there is an imbalance between supply (capacity) and demand |
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| there is no imbalance between supply (capacity) and demand |
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| there is an overload of workers provide the service |
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| all answers given are incorrect |
Question 2 (1 point)
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The general goal of queuing analysis is to
Question 2 options:
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| minimize total costs |
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| minimize the capacity costs |
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| minimize the customers waiting costs |
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| all given answers are correct |
Question 3 (1 point)
Implications of waiting lines are
Question 3 options:
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| Reduction in customer satisfaction |
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| Congestion may disrupt other business operations |
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| Cost to provide waiting space |
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| all answers correct |
Question 4 (1 point)
In waiting lines analysis, Queue Discipline means
Question 4 options:
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| the number of arrived customer |
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| the order in which customers are processed |
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| finite customer sources |
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| all answers are incorrect |
Question 5 (1 point)
Waiting lines performance is not measured by
Question 5 options:
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| average number of customers waiting |
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| average time customers wait |
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| server utilization |
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| number of services provided |
Question 6 (1 point)
One of inventory management functions is
Question 6 options:
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| to reduce number of employees |
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| to evaluate demand operations performance |
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| to take advantage of quantity discounts |
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| all answers are incorrect |
Question 7 (1 point)
One of the following is a type of inventory
Question 7 options:
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| Raw material |
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| transportation of goods |
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| A & B |
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| all answers are correct |
Question 8 (1 point)
This types of inventory analysis divides inventory into three classes based on annual dollar volume
Question 8 options:
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| dollar + value analysis |
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| incremental analysis |
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| ABC analysis |
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| converting analysis |
Question 9 (1 point)
Described as the demand for item is not related or linked to any demand for any other item in inventory
Question 9 options:
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| complementary demand |
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| independent demand |
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| dependent demand |
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| external demand |
Question 10 (1 point)
Used when inventory builds up over a period of time after an order is placed
Question 10 options:
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| Robust model |
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| basic EOQ model |
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| production order quantity model |
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| quantity discount model |
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