SCM Final-- Quiz Questions

Which of the following is NOT true regarding PERT and​ CPM? A. PERT and CPM are useful when controlling large projects. B. Time estimates are subject to fudging by managers. C. PERT and CPM are useful in monitoring costs. D. Managers only need to closely monitor the critical path.

Which of the following activities are NOT part of project​ scheduling? A. Make sure all necessary activities are finished in proper sequence and on time. B. Chart separate schedules for personnel needs by type of skill and materials needs. C. Compute resources needed at each stage of production. D. Decide how long each activity will take.

Which of the following is an advantage of PERT and​ CPM? A. Project activities have to be clearly​ defined, independent, and stable in their relationships. B. Useful in monitoring only schedules. C. Straightforward concept and not mathematically complex. D. Precedence relationships must be specified and networked together.

Which of the following steps is NOT a basic step followed by PERT and​ CPM? A. Define the project. B. Compute the critical path. C. Identify and eliminate​ non-critical activities. D. Draw the network connecting all the activities.

Which of the following is NOT a technique that allows managers to​ plan, schedule, and control​ projects? A. CPM B. Gantt charts C. ​Factor-rating method D. PERT

Computerized​ PERT/CPM reports and charts do NOT include A. detailed cost breakdowns for each task. B. cost distribution tables. C. variance reports. D. probability estimates for​ on-time completion.

The most realistic estimate of the time required to complete an activity is referred to as​ what?

Which of these statements is NOT true about project​ scheduling? A. Project scheduling encourages the setting of realistic time and cost estimates for each activity. B. Project scheduling helps make better use of resources by identifying the​ non-critical paths through the network. C. Project scheduling identifies the precedence relationships among activities. D. Project scheduling shows the relationship of each activity to others.

Which of the following is a direct responsibility of the project​ manager? A. drawing the network diagram B. making sure that the people assigned to the project receive the​ motivation, direction, and information needed to do their jobs C. performing all of the activities in the project D. calculating completion probabilities for all tasks in the project

PERT analysis computes the variance of the total project completion time as

What type of inventory is described as inventory that has been purchased but not​ processed?

Which of the following does NOT belong to holding​ costs? A. order processing B. pilferage, scrap, and obsolescence C. insurance on inventory D. storage costs

What is the cost to prepare a machine or process for​ production?

One use of inventory is

Policies based on ABC analysis might include investing

A process by which inventory records are verified is called

Japanese word for "continuous movement"

How has​ McDonald's driven seconds out of the production process to be able to produce​ made-to-order hamburgers in 45​ seconds?

Which of the following activities does NOT need to be virtually eliminated for a lean​ organization? A. cross-training B. material handling C. inventory D. inspection

Which of the following is NOT one of Taiichi​ Ohno's seven​ wastes? A. transportation B. queues C. motion D. energy

What is the ability to respond with little penalty in​ time, cost, or customer​ value?

Which of the following statements is NOT true regarding the process analysis​ tools? A. Service blueprinting is designed to help focus on the customer interaction part of the process. B. Process mapping is another name for​ time-function mapping. C. Time-function mapping extends​ value-stream mapping to include suppliers. D. A process chart is different than a flowchart.

A fast food restaurant is an example of

A large quantity and large variety of products are produced in

Which of the following DOES NOT increase profit by improving​ quality? A. improved reputation B. flexible pricing C. increased productivity D. higher warranty costs

Taguchi's quality loss function is based on a A. binomial distribution. B. linear equation. C. negative exponential distribution. D. quadratic equation.

Which of the following is an award for quality achievement in​ Japan? A. Deming Prize B. Malcolm Baldrige National Quality Award C. ISO 9000 D. Tokyo Medal for Excellence in Quality

What determinant of service quality means the firm performs the service right the first time and that the firm honors its​ promises?

One hundred percent inspection means

What TQM tool would be best suited for displaying the number of students majoring in each business​ discipline?

The gross material requirements plan combines

Which of the following pieces of information is NOT contained in a bill of​ material? A. lead times B. quantities of components C. raw materials to be used D. physical dimensions

The operations manager has two important tools available to deal with MRP system nervousness. Those tools are

Which of the following is an advantage of​ ERP? A. Data fields do not have to be defined identically across the entire enterprise. B. It is simple enough that companies have an easy time adjusting to it. C. It creates commonality of databases. D. It is very inexpensive to purchase.