Ops Management Final

27 January 2024
5 (225 reviews)
25 test answers

Unlock all answers in this set

Unlock answers (21)
question
the purpose of an x-bar chart is to determine whether there has been a
answer
change in the central tendency of the process output
question
the number of defects after a hotel room cleaning (sheets not straight, smears of mirror, missed debris on carpet, etc ) should be measured using what type of control chart?
answer
c-chart
question
Statistical process control chart:
answer
display upper and lower limits for process variables or attributes and signal when a process is no longer in control.
question
The usual purpose of an R-chart is to signal whether there has been a
answer
gain or loss in dispersion.
question
What is the statistical process chart used to control the number of defects per unit of output?
answer
c-chart
question
the R-chart
answer
is used to indicate gains or losses in uniformity.
question
The objective of a statistical process control (SPC) system is to
answer
provide a statistical signal when assignable causes of variation are present
question
The purpose of an x-bar chart is to determine whether there has been a
answer
change in the central tendency of the process output.
question
What is the probability of accepting a bad lot?
answer
type 2 error
question
Natural variations:
answer
All of the above are true: when grouped form a pattern or distribution, affect almost every production process, are tolerated, within limits, when a process is under control, are the many sources of variation that occur when a process is under control.
question
The causes of variation in statistical process control are:
answer
natural causes and assignable causes
question
ABC analysis divides an organization's on-hand inventory into three classes based upon:
answer
Annual dollar volume
question
Which of the following phrases best describes process focus?
answer
low volume, high variety
question
High-volume, low-variety production is best suited for which of the following process strategies?
answer
Product focus
question
The expected value of perfect information (EVPI) is the:
answer
difference between the payoff under perfect information and the payoff under risk
question
The objective of a statistical process control (SPC) system is to:
answer
Provide a statistical signal when assignable causes of variation are present.
question
A c-chart is based on the
answer
Poisson distribution
question
The critical path of a network is the
answer
longest time path through the network
question
The most realistic estimate of the time required to complete an activity is referred to as what?
answer
Most likely time
question
A measure of the strength of the relationship between two variables is referred to as the
answer
coefficient of correlation
question
Process X has fixed costs of $10,000 and variable costs of $2.40 per unit. Process Y has fixed costs of $9,000 and variable costs of $2.25 per unit. Which of the following statements is true?
answer
Process Y is cheaper than Process X at all volumes.
question
If the actual order quantity is the economic order quantity in a problem that meets the assumptions of the economic order quantity model shown below, the average amount of inventory on hand: Q*= SquareRoot(2DS/H)
answer
is one-half of the economic order quantity
question
Which of the following statements about the basic EOQ model is TRUE?
answer
All of the above statements are true: If annual demand were to double the EOQ would increase, if the carrying cost were to increase the EOQ would fall, If the ordering cost were to double the EOQ would rise, If annual demand were to double the number of orders per year would increase
question
A product whose EOQ is 40 units experiences a decrease in ordering costs from $90 per order to $10 per order. The revised EOQ is:
answer
one-third as large
question
The objective of a statistical process control (SPC) system is to:
answer
provide a statistical signal when assignable causes of variation are present.