Sm C102 Quiz #2
Correct Question: Which of the following models uses a schematic model of the sequence of steps in a problem and the conditions and consequences of each step? Your Answer: Decision trees
Correct Question: The way to build in greater flexibility in your workers is to do which of the following? Your Answer: Provide a broader range of training
Incorrect Question: If the best operating level of a piece of equipment is at a rate of 400 units per hour and the actual output during an hour is 300 units, which of the following is the capacity cushion? Your Answer: 75 percent
Correct Question: The ability to rapidly and inexpensively switch production from one product to another enables what are sometimes referred to as: Your Answer: Economies of scope
Correct Question: Capacity planning involving acquisition or disposal of fixed assets such as buildings, equipment or facilities is considered as which one of the following planning horizons? Your Answer: Long-range
Correct Question: Capacity planning involving hiring, layoffs, some new tooling, minor equipment purchases, and subcontracting is considered as which one of the following planning horizons? Your Answer: Intermediate range
Correct Question: If the actual output of a piece of equipment during an hour is 500 units and it's best operating level is at a rate of 400 units per hour, which of the following is the capacity utilization rate? Your Answer: 1.25
Correct Question: A process flowchart uses which of the following symbols to represent tasks or operations in a flow diagram? Your Answer: Rectangle
Correct Question: A process flowchart uses symbols to represent which of the following? Your Answer: Flows of material or customers
Correct Question: According to Little's law, which of the following can be used to estimate inventory? Your Answer: Throughput rate times flow time
Correct Question: A process flowchart uses which of the following symbols to represent a decision point in a flow
Correct Question: The way to build in greater flexibility in your workers is to do which of the following? Your Answer: Provide a broader range of training
Incorrect Question: If the best operating level of a piece of equipment is at a rate of 400 units per hour and the actual output during an hour is 300 units, which of the following is the capacity cushion? Your Answer: 75 percent
Correct Question: The ability to rapidly and inexpensively switch production from one product to another enables what are sometimes referred to as: Your Answer: Economies of scope
Correct Question: Capacity planning involving acquisition or disposal of fixed assets such as buildings, equipment or facilities is considered as which one of the following planning horizons? Your Answer: Long-range
Correct Question: Capacity planning involving hiring, layoffs, some new tooling, minor equipment purchases, and subcontracting is considered as which one of the following planning horizons? Your Answer: Intermediate range
Correct Question: If the actual output of a piece of equipment during an hour is 500 units and it's best operating level is at a rate of 400 units per hour, which of the following is the capacity utilization rate? Your Answer: 1.25
Correct Question: A process flowchart uses which of the following symbols to represent tasks or operations in a flow diagram? Your Answer: Rectangle
Correct Question: A process flowchart uses symbols to represent which of the following? Your Answer: Flows of material or customers
Correct Question: According to Little's law, which of the following can be used to estimate inventory? Your Answer: Throughput rate times flow time
Correct Question: A process flowchart uses which of the following symbols to represent a decision point in a flow