Business - Decision Science, Quizlevel1

1

Internet-based technologies today allow consumers, communities, public interest groups, and regulators to be well informed about an organization's performance

2

The margin lost by a firm for each lost sale because there is no inventory on hand is

3

What is the Malcolm Baldrige National Quality Award?

4

What is another name for "actor" in UML, and how is it represented on a use case diagram?

5

In the DMAIC process used in Six Sigma, the characteristics that have the most impact on product or service performance are called:

6

When firms produce goods in anticipation of future customer orders, they are operating in a/an _____ environment

7

As long as the new firm has a good track record, creating appropriate performance measures at the onset of a new relationship is not important

8

A plant manager is attempting to determine the production schedule of various products to maximize profit. Assume that a machine hour constraint is binding. If the original amount of machine hours available is 200 minutes.,

9

A CHECK constraint requires that a data value meet a certain condition before the record is added to the database table

10

Many computers implement __________ numeric data types to increase accuracy and prevent overflow and underflow

11

For nonrepetitive requirements, a system or process of acquisition can be designed.

12

Some original equipment manufacturers (OEMs) that participate in remanufacturing attempt to limit the cannibalization of new product sales by:

13

Use the information provided in Table 8.4. Adding $1,000 of Weekly Radio Advertising (X1 ) can be expected to increase Weekly Gross Revenues by what amount? (Assume all other variables are held constant.)

14

A _______ is the sequence of processing steps that completely handles one business transaction

15

In synthesization, decision alternatives are prioritized within each criterion

16

A(n) __________ is an electrical circuit that implements a Boolean or other primitive processing function on single bit inputs

17

Consider the project with the following estimates for activity times and precedence relationships:

18

The calculated forecast for May is 46, using the actual demand shown in the table below, and a 3-month weighted moving average with weights 0.1, 0.4, 0.5 (the heaviest weight applied to the most recent period). Nov. Dec. Jan. Feb. Mar. Apr. 39 36 40 38 48 46

19

An inventory system answers two important questions: when to order and how much to order. Which of the following statements correctly explains how a Q system (continuous review system) or a P system (periodic review system) answers these questions?

20

Which of the following are advantages of using the superbill MPS technique? (1). Reduces retrofitting (2). Increases the number of end items forecast (3). Quick implementation (4). No special planning bills

21

Which of these statements is best?

22

Strategic cost management approaches do not vary according to the stage of the product life cycle

23

Direct costs are assignable directly to a particular ________.

24

In the context of customer relationship management (CRM) applications, which of the following approaches is chosen by organizations with an established IT infrastructure?

25

The wait time for a single-channel system is more than twice that for a two-channel system using two servers working at the same rate as the single server

26

In the ____ approach, team members tackle the issue directly and look for a win–win outcome

27

One form of warehousing that features light manufacturing and packaging duties and allows firms to put off final assembly or packaging until the last possible moment is:

28

Which of the following does not need to be analyzed for capacity requirements when setting up a "Cookies and Ice Cream" shop?

29

A discount is volume-based if the pricing schedule offers discounts based on the quantity ordered in a single lot

30

The team members of a virtual team are all of the same nationality

31

In using the simplex method, the number of basic variables is equal to the number of constraints

32

Project selection scoring models are very useful in providing performance data that can be used to terminate a project

33

A(n) ____________________ database stores database records in a plain text file.

34

How can an organization use a sequence for internal control purposes?

35

A project manager usually has the greatest ability to affect social and technical success factors of a project in what stage of the project?

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Business - Decision Science, Quizlevel1

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