Operations Management - OM726 - SAMPLE Midterm Questions 1. UBurger is a fastfood restaurant whose windows announce its focus on burgers‚ fries‚ and shakes. After perhaps queueing‚ customers place an order with and pay a cashier‚ then await completion of the order. Upon receiving the order‚ 25% of customers depart‚ and the remaining 75% proceed to the seating area‚ where they sit for an average of 40 minutes before departing. The restaurant has 25 seats‚ and assume that they are fully
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QM 300 Midterm Part I 1. Project management: a) Is the planning‚ scheduling and controlling of project tasks to meet objectives. b) Is used primarily in construction and public works. c) Requires less communication than ongoing process management. d) Focuses on well-understood‚ unambiguous tasks and relationships. Using the following project‚ with activity times estimate in days and a critical path of CH-J-K‚ to answer the next 3 questions: Activity A B C D E F G H I J K Immediate Predecessor
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|Midterm Example Test v2 | | 1. A manufacturing firm is considering three alternatives for automation. They anticipate annual production volume to be 75‚000 units. The costs for each alternative are as shown: | |Alternative | | |1 |2 |3 | |Annual Fixed Costs |60‚000 |$180‚000 |$300‚000 | |Variable Cost/Unit |$0.65 |$0
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UNIVERSITY OF TORONTO RSM 222 H1S MIDTERM EXAM‚ Winter 2014 Midterm Details: Duration: Total number of pages: Total number of marks: 110 minutes (1 hour 50 minutes) 15 (double-sided; including this cover page) 100 Please write clearly. Illegible responses may result in a mark of zero. When giving a quantitative answer‚ please show your supporting calculations. For nonquantitative questions‚ you may answer in point form‚ if appropriate. You may use a pen and/or pencil‚
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EXAMINATION I NAME: __________________________________________________________ 1. David Upton is president of Upton Manufacturing‚ a producer of Go-Karts tires. Upton makes 2500 tires per day with the following resources: Labor: 50 hours per day @15.00 per hour Raw Material: 20‚000 lbs. per day at @ $3 per lb Energy: $5‚000 per day Capital: $10‚000 per day a) What is the labor
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Review Test Submission: Midterm Exam Part 1 Instructions This midterm exam consist of 25 multiple choice questions and covers the material in Chapters 1 through 4. Question 1 4 out of 4 points The flat-screen plasma TVs are selling extremely well. The originators of this technology are earning higher profits. What theory of profit best reflects the performance of the plasma screen makers? Answer Selected Answer: innovation theory of profit Correct Answer: innovation
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Anthro 368 Midterm Due Monday‚ May 5th at 11:55p 75 points This exam is worth 74 points. Part 1 consists of You get one additional point for putting your name on your exam. You may use your book and notes to answer the questions. You may ask me about any question you don’t understand‚ however‚ if you ask questions over the weekend‚ or the night the exam is due‚ you may not get a prompt response. The deadline for the exam is set for your convenience; I am not available online the night the
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NAME: _______________________________ BSAD 180: Managerial Finance Midterm Exam I. Multiple Choices (40%) ( b) 1. The primary goal of financial management is to: a. maximize current dividends per share of the existing stock. b. maximize the current value per share of the existing stock. c. avoid financial distress. d. minimize operational costs and maximize firm efficiency. e. maintain steady growth in both sales and net earnings. ( c ) 2. The
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Grammar – MIDTERM EXAM #1 1. Underline the subject‚ operator and predication in the following sentences: 1. Peter carefully searched the room. 2. Most people enjoy listening to good music. 3. CD players have improved the quality of recorded music. 4. Mary’s sister is sleeping. 5. Music with a fast rhythm is good for dancing. 6. I have a brother. 7. Charlie Chaplin was given an Academy Award in 1972. 8. You should have told me that before! 9. The process of changing a computer programmed
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Production & Operations Management What is operation management? What is the role of the Operation Manager? Set of activities that create value in the form of goods and services by transforming inputs into outputs. The role of an operation manager is to design and manage the daily operations and activities in a way that the productivity of the employees raises. It is also their responsibility to ensure that the physical and the human resources of the organization are achieved. He
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