Ops 571 Final

Topics: Capacity utilization, Exponential smoothing Pages: 3 (433 words) Published: April 15, 2013
What is the net result of reducing the duration of a task (crashing) not on the critical path?

A. Decreased project overhead costs
B. Reduced likelihood of liquidated damages for late delivery
C. Increased slack time associated with the task
D. Reduction in the project duration

12) The idea of the value density calculation is:

A. finding a carrier that can handle the weight
B. matching the weight of the product with an appropriate carrier
C. deciding where items should be stocked geographically and how they should be shipped
D. finding the minimum cost carrier

13) When designing a supply chain:

A. cost vs customer service must be considered
B. quality vs cost must be considered
C. lead times vs payment terms must be considered
D. customer service vs product customization must be considered

14) According to Hau Lee, which of the following types of products need to be delivered with efficient supply-chains?

A. Custom products
B. Innovative products
C. Grocery products
D. High technology products

15) Which of the following product promotional activities would probably help make the supply chain more efficient?

A. Price promotions that expire on a specific date
B. An "everyday" low price strategy where prices are not dependent on quantity delivered with a specific order
C. Special packaging for a specific event that occurs one time each year
D. A 2-for-1 price promotion

16) The best operating level is:

A. the maximum point of the cost curve
B. the level of capacity for which average unit cost is minimized
C. maximum capacity
D. the level of capacity for which total cost is minimized

17) Capacity utilization rate can be computed as:

A. Capacity used – best operating level
B. Capacity used x best operating level
C. Capacity used / best operating level
D. Capacity used + best operating level

18) The objective of __________ is to provide an approach for...
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