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  • Bus 515 - Bus515 Final Exam Part 1 (Chapter 6 Through Chapter 10)

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    teacher.theacestud
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    BUS 515/BUS515 FINAL EXAM PART 1 (CHAPTER 6 THROUGH CHAPTER 10) BUS 515/BUS515 FINAL EXAM PART 1 (CHAPTER 6 THROUGH CHAPTER 10) Chapter 6 Multiple Choice Question 19 What measures the central tendency of a set of data? Coefficient of variation Variance Standard deviation Mean Range Multiple Choice Question 39 Consider a p-chart measuring the percentage of defective light bulbs. If the LCL is .04 and a sample has 1% defects, what is the implication? The process is in a state of control. The process is out of control even though the variation is “good.” The value of sigma must be increased. The process has too many errors. A calculation error must have occurred Multiple Choice Question 16 An OC curve is an example of what? Traditional statistical tools Fishbone diagramming Acceptance sampling Experimental design Statistical process control Multiple Choice Question 25 On a control chart, what separates common from assignable causes of variation? x-bar lines Control limits Specification limits Production limits Mean divided by standard deviation Multiple Choice Question 41 What are preset ranges of acceptable quality characteristics? Control limits Product specifications Six-sigma limits AQC limits R-chart limits Chapter 7 Multiple Choice Question 26 According to JIT, __________ is carried to cover up a wide variety of problems, such as poor quality, demand uncertainty, and slow delivery. Inventory Excess capacity A group of back-up workers Spare equipment Insurance Multiple Choice Question 65 Which of the following is not a role of JIT management? creating a JIT culture cost and information sharing serving as coaches and facilitators developing an incentive system ensuring multifunctional training occurs Multiple Choice Question 36 JIT uses a pull system where communication starts with either the customer or with the _________ work station in the production line. First Bottleneck Dominant Most expensive Last Multiple Choice Question 61 JIT production workers are expected to Cover up quality problems Ignore data Take responsibility in getting to the root cause of quality problems Blame problems on someone else Have a poor attitude about quality Multiple Choice Question 70 The benefits of long-term relationships with a small number of suppliers include all of the following except Always getting the lowest price Focus on improving process controls Greater accountability Develop stable delivery schedules Eliminate paperwork Chapter 8 Multiple Choice Question 1 Forecasting is not a function which contributes to: deciding which business market to pursue deciding which product to produce deciding how bonuses should be allocated deciding how much inventory to carry deciding how many people to hire Multiple Choice Question 10 Which forecasting method is particularly good for predicting technological changes and scientific advances? Market research Executive opinion Delphi method Naïve method Gamma method Multiple Choice Question 30 What are the most frequently used forecasting techniques? Linear regression Simple mean Exponential smoothing Weighted moving average Econometric models Multiple Choice Question 17 Which of the following is a causal forecasting method? Naïve Moving average Weighted moving average Trend adjusted exponential smoothing Linear regression Multiple Choice Question 74 “Inside information” is most likely garnered through which of the following forecasting methods? exponential smoothing seasonal indexes naïve Delphi multiple regression Chapter 9 Multiple Choice Question 56 The least likely reason for a U.S. firm to choose to locate a factory in a foreign country is _____________. climate Natural resources markets cheaper suppliers low labor costs Multiple Choice Question 55 Issues that need to be considered in location globally include all of the following except______________. different cultu

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    Bus 515_bus515 Final Exam Part 1 (Chapter 6 Through Chapter 10)

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    BUS 515/BUS515 FINAL EXAM PART 1 (CHAPTER 6 THROUGH CHAPTER 10) BUS 515/BUS515 FINAL EXAM PART 1 (CHAPTER 6 THROUGH CHAPTER 10) Chapter 6 Multiple Choice Question 19 What measures the central tendency of a set of data? Coefficient of variation Variance Standard deviation Mean Range Multiple Choice Question 39 Consider a p-chart measuring the percentage of defective light bulbs. If the LCL is .04 and a sample has 1% defects, what is the implication? The process is in a state of control. The process is out of control even though the variation is “good.” The value of sigma must be increased. The process has too many errors. A calculation error must have occurred Multiple Choice Question 16 An OC curve is an example of what? Traditional statistical tools Fishbone diagramming Acceptance sampling Experimental design Statistical process control Multiple Choice Question 25 On a control chart, what separates common from assignable causes of variation? x-bar lines Control limits Specification limits Production limits Mean divided by standard deviation Multiple Choice Question 41 What are preset ranges of acceptable quality characteristics? Control limits Product specifications Six-sigma limits AQC limits R-chart limits Chapter 7 Multiple Choice Question 26 According to JIT, __________ is carried to cover up a wide variety of problems, such as poor quality, demand uncertainty, and slow delivery. Inventory Excess capacity A group of back-up workers Spare equipment Insurance Multiple Choice Question 65 Which of the following is not a role of JIT management? creating a JIT culture cost and information sharing serving as coaches and facilitators developing an incentive system ensuring multifunctional training occurs Multiple Choice Question 36 JIT uses a pull system where communication starts with either the customer or with the _________ work station in the production line. First Bottleneck Dominant Most expensive Last Multiple Choice Question 61 JIT production workers are expected to Cover up quality problems Ignore data Take responsibility in getting to the root cause of quality problems Blame problems on someone else Have a poor attitude about quality Multiple Choice Question 70 The benefits of long-term relationships with a small number of suppliers include all of the following except Always getting the lowest price Focus on improving process controls Greater accountability Develop stable delivery schedules Eliminate paperwork Chapter 8 Multiple Choice Question 1 Forecasting is not a function which contributes to: deciding which business market to pursue deciding which product to produce deciding how bonuses should be allocated deciding how much inventory to carry deciding how many people to hire Multiple Choice Question 10 Which forecasting method is particularly good for predicting technological changes and scientific advances? Market research Executive opinion Delphi method Naïve method Gamma method Multiple Choice Question 30 What are the most frequently used forecasting techniques? Linear regression Simple mean Exponential smoothing Weighted moving average Econometric models Multiple Choice Question 17 Which of the following is a causal forecasting method? Naïve Moving average Weighted moving average Trend adjusted exponential smoothing Linear regression Multiple Choice Question 74 “Inside information” is most likely garnered through which of the following forecasting methods? exponential smoothing seasonal indexes naïve Delphi multiple regression Chapter 9 Multiple Choice Question 56 The least likely reason for a U.S. firm to choose to locate a factory in a foreign country is _____________. climate Natural resources markets cheaper suppliers low labor costs Multiple Choice Question 55 Issues that need to be considered in location globally include all of the following except______________. different cultu

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    Bus 515 - Bus515 Final Exam Part 1 (Chapter 6 Through Chapter 10)

    Загружено:

    teacher.theacestud
    BUS 515/BUS515 FINAL EXAM PART 1 (CHAPTER 6 THROUGH CHAPTER 10) BUS 515/BUS515 FINAL EXAM PART 1 (CHAPTER 6 THROUGH CHAPTER 10) Chapter 6 Multiple Choice Question 19 What measures the central tendency of a set of data? Coefficient of variation Variance Standard deviation Mean Range Multiple Choice Question 39 Consider a p-chart measuring the percentage of defective light bulbs. If the LCL is .04 and a sample has 1% defects, what is the implication? The process is in a state of control. The process is out of control even though the variation is “good.” The value of sigma must be increased. The process has too many errors. A calculation error must have occurred Multiple Choice Question 16 An OC curve is an example of what? Traditional statistical tools Fishbone diagramming Acceptance sampling Experimental design Statistical process control Multiple Choice Question 25 On a control chart, what separates common from assignable causes of variation? x-bar lines Control limits Specification limits Production limits Mean divided by standard deviation Multiple Choice Question 41 What are preset ranges of acceptable quality characteristics? Control limits Product specifications Six-sigma limits AQC limits R-chart limits Chapter 7 Multiple Choice Question 26 According to JIT, __________ is carried to cover up a wide variety of problems, such as poor quality, demand uncertainty, and slow delivery. Inventory Excess capacity A group of back-up workers Spare equipment Insurance Multiple Choice Question 65 Which of the following is not a role of JIT management? creating a JIT culture cost and information sharing serving as coaches and facilitators developing an incentive system ensuring multifunctional training occurs Multiple Choice Question 36 JIT uses a pull system where communication starts with either the customer or with the _________ work station in the production line. First Bottleneck Dominant Most expensive Last Multiple Choice Question 61 JIT production workers are expected to Cover up quality problems Ignore data Take responsibility in getting to the root cause of quality problems Blame problems on someone else Have a poor attitude about quality Multiple Choice Question 70 The benefits of long-term relationships with a small number of suppliers include all of the following except Always getting the lowest price Focus on improving process controls Greater accountability Develop stable delivery schedules Eliminate paperwork Chapter 8 Multiple Choice Question 1 Forecasting is not a function which contributes to: deciding which business market to pursue deciding which product to produce deciding how bonuses should be allocated deciding how much inventory to carry deciding how many people to hire Multiple Choice Question 10 Which forecasting method is particularly good for predicting technological changes and scientific advances? Market research Executive opinion Delphi method Naïve method Gamma method Multiple Choice Question 30 What are the most frequently used forecasting techniques? Linear regression Simple mean Exponential smoothing Weighted moving average Econometric models Multiple Choice Question 17 Which of the following is a causal forecasting method? Naïve Moving average Weighted moving average Trend adjusted exponential smoothing Linear regression Multiple Choice Question 74 “Inside information” is most likely garnered through which of the following forecasting methods? exponential smoothing seasonal indexes naïve Delphi multiple regression Chapter 9 Multiple Choice Question 56 The least likely reason for a U.S. firm to choose to locate a factory in a foreign country is _____________. climate Natural resources markets cheaper suppliers low labor costs Multiple Choice Question 55 Issues that need to be considered in location globally include all of the following except______________. different cultu

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    из 4

    10/13/2015

    TheAceStudent:BUS515/BUS515FINALEXAMPART1(CHAPTER6THROUGHCHAPTER10)

    BUS515/BUS515FINALEXAMPART1(CHAPTER6
    THROUGHCHAPTER10)
    BUS515/BUS515FINALEXAMPART1(CHAPTER6THROUGHCHAPTER10)
    Chapter6
    MultipleChoiceQuestion19
    Whatmeasuresthecentraltendencyofasetofdata?
    Coefficientofvariation
    Variance
    Standarddeviation
    Mean
    Range
    MultipleChoiceQuestion39
    Considerapchartmeasuringthepercentageofdefectivelightbulbs.IftheLCLis.04andasample
    has1%defects,whatistheimplication?
    Theprocessisinastateofcontrol.
    Theprocessisoutofcontroleventhoughthevariationisgood.
    Thevalueofsigmamustbeincreased.
    Theprocesshastoomanyerrors.
    Acalculationerrormusthaveoccurred

    MultipleChoiceQuestion16
    AnOCcurveisanexampleofwhat?
    Traditionalstatisticaltools
    Fishbonediagramming
    Acceptancesampling
    Experimentaldesign
    Statisticalprocesscontrol
    MultipleChoiceQuestion25
    Onacontrolchart,whatseparatescommonfromassignablecausesofvariation?
    xbarlines
    Controllimits
    Specificationlimits
    Productionlimits
    Meandividedbystandarddeviation
    MultipleChoiceQuestion41
    Whatarepresetrangesofacceptablequalitycharacteristics?
    Controllimits
    Productspecifications
    Sixsigmalimits
    AQClimits
    Rchartlimits
    Chapter7
    MultipleChoiceQuestion26
    AccordingtoJIT,__________iscarriedtocoverupawidevarietyofproblems,suchaspoor
    quality,demanduncertainty,andslowdelivery.
    Inventory
    Excesscapacity
    Agroupofbackupworkers
    Spareequipment
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    10/13/2015

    TheAceStudent:BUS515/BUS515FINALEXAMPART1(CHAPTER6THROUGHCHAPTER10)

    Insurance
    MultipleChoiceQuestion65
    WhichofthefollowingisnotaroleofJITmanagement?
    creatingaJITculture
    costandinformationsharing
    servingascoachesandfacilitators
    developinganincentivesystem
    ensuringmultifunctionaltrainingoccurs
    MultipleChoiceQuestion36
    JITusesapullsystemwherecommunicationstartswitheitherthecustomerorwiththe_________
    workstationintheproductionline.
    First
    Bottleneck
    Dominant
    Mostexpensive
    Last
    MultipleChoiceQuestion61
    JITproductionworkersareexpectedto
    Coverupqualityproblems
    Ignoredata
    Takeresponsibilityingettingtotherootcauseofqualityproblems
    Blameproblemsonsomeoneelse
    Haveapoorattitudeaboutquality
    MultipleChoiceQuestion70
    Thebenefitsoflongtermrelationshipswithasmallnumberofsuppliersincludeallofthefollowing
    except
    Alwaysgettingthelowestprice
    Focusonimprovingprocesscontrols
    Greateraccountability
    Developstabledeliveryschedules
    Eliminatepaperwork
    Chapter8
    MultipleChoiceQuestion1
    Forecastingisnotafunctionwhichcontributesto:
    decidingwhichbusinessmarkettopursue
    decidingwhichproducttoproduce
    decidinghowbonusesshouldbeallocated
    decidinghowmuchinventorytocarry
    decidinghowmanypeopletohire
    MultipleChoiceQuestion10
    Whichforecastingmethodisparticularlygoodforpredictingtechnologicalchangesandscientific
    advances?
    Marketresearch
    Executiveopinion
    Delphimethod
    Navemethod
    Gammamethod
    MultipleChoiceQuestion30
    Whatarethemostfrequentlyusedforecastingtechniques?
    Linearregression
    Simplemean
    Exponentialsmoothing
    Weightedmovingaverage
    Econometricmodels
    data:text/htmlcharset=utf8,%3Ch3%20class%3D%22posttitle%20entrytitle%22%20itemprop%3D%22name%22%20style%3D%22margin%3A%200px

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    10/13/2015

    TheAceStudent:BUS515/BUS515FINALEXAMPART1(CHAPTER6THROUGHCHAPTER10)

    MultipleChoiceQuestion17
    Whichofthefollowingisacausalforecastingmethod?
    Nave
    Movingaverage
    Weightedmovingaverage
    Trendadjustedexponentialsmoothing
    Linearregression
    MultipleChoiceQuestion74
    Insideinformationismostlikelygarneredthroughwhichofthefollowingforecastingmethods?
    exponentialsmoothing
    seasonalindexes
    nave
    Delphi
    multipleregression
    Chapter9
    MultipleChoiceQuestion56
    TheleastlikelyreasonforaU.S.firmtochoosetolocateafactoryinaforeigncountryis
    _____________.
    climate
    Naturalresources
    markets
    cheapersuppliers
    lowlaborcosts
    MultipleChoiceQuestion55
    Issuesthatneedtobeconsideredinlocationgloballyincludeallofthefollowing
    except______________.
    differentcultures
    FECaccountingrequirements
    languagebarriers
    differentlaws
    differentbusinesspractices
    MultipleChoiceQuestion6
    Capacityplanningiscomplicatedbythefactthat___________________.
    capitalmarketsarecomplex
    existingfacilitiesmaybecomeobsolete
    capacityisdifficulttodefine
    capacityisusuallypurchasedinchunks,ratherthansmoothincrements
    depreciationmustbecalculated
    MultipleChoiceQuestion44
    Serviceorganizationssuchasrestaurants,movietheaters,andbanksfocusonlocatingnear
    ____________.
    suppliers
    roads
    intersections
    theircustomers
    potentialworkers
    MultipleChoiceQuestion25
    Managementhasdecidedtoaddcapacityincrementallyinsmallerchunksasneeded,ratherthan
    purchasingonelargefacility.Thisdecision____________________.
    isveryrisky
    willresultinlowinitialcosts
    willultimatelyresultinlowercostsperunitifdemandincreasesrapidly
    positionsthecompanytobewellpreparedforhighdemandinthefuture
    canleadtoalargeamountofexcesscapacity
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    TheAceStudent:BUS515/BUS515FINALEXAMPART1(CHAPTER6THROUGHCHAPTER10)

    Chapter10
    MultipleChoiceQuestion34
    Thefirststepindesigningalayoutis
    identifyingthefacility
    gatheringinformation
    selectingthecorrectlayoutsoftwarepackage
    developingaRELchart
    developingafromtomatrix
    MultipleChoiceQuestion65
    Whatisthetermforasysteminwhichtheproductbeingworkedonisphysicallyattachedtothe
    lineandautomaticallymovedtothenextstationwhenthecycletimehaselapsed?
    cyclicalline
    pacedline
    autoline
    continuousline
    constrainedline
    MultipleChoiceQuestion4
    Whichofthefollowingisnotoneofthefourbasiclayouttypes?
    product
    hybrid
    process
    fixedposition
    inverted
    MultipleChoiceQuestion27
    Whichcompanyiswidelyconsideredtobetheleaderofjustintimeproduction?
    Ford
    Timex
    Gateway
    Toyota
    Sony
    MultipleChoiceQuestion24
    Ahighvolumepapermillisanexampleofwhichlayouttype?
    inverted
    circular
    process
    fixedposition
    product
    BUS515/BUS515FINALEXAMPART1(CHAPTER6THROUGHCHAPTER10)

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