Business - Decision Science. Quiz Grade 2

1

The communications management plan is finalized during project planning, and should only be changed through a formal change control process

2

Consider a business that can be run using a make-to-stock or make-to-order process. Further suppose that your demand is 10000 per month and is spread out during the month. Capacity of both processes is 15000 per month. Based only on this information, what would be the best choice?

3

A project has the activity duration and cost information indicated in the table where all times are in weeks. There is a penalty of $4,000 per week for every week the project exceeds 37 weeks

4

Two or more events are said to be exhaustive if one of them must occur

5

Lengthening the forecast time horizon is a main method for counteracting forecast error.

6

The direct cost for completing an activity as early as possible is called its ________ cost.

7

One of the disadvantages of an e-marketplace is that it cannot provide a single platform for prices

8

A customer that concentrates on the ease of repair or support for the product or service is concerned primarily with the ________ dimension of quality

9

The best estimate of the total cost at the completion of the project best defines

10

Please explain derived demand

11

Define entity integrity. What are the two requirements to ensure entity integrity?

12

One of the many lean techniques that have been successfully applied in service firms is the upgrading of housekeeping.

13

Desktop publishers use desktop publishing ____________________ to design page layouts for magazines, newspapers, books, and other publications.

14

When a manufacturer uses a public warehouse, it knows its exact storage and handling costs.

15

All scope changes that result in increased costs should be avoided.

16

The owner of a seafood market determined that the average weight for a crab is 1.6 pounds with a standard deviation of 0.4 pound. What weight is exceeded by 2% of all of the crabs? (Assume the weights are normally distributed.)

17

_____is the fraction of time a workstation or individual is busy over the long run

18

Segmenting customers on the basis of things like products purchased, sales history, demographic information, and desired product features can dilute the results of a CRM program; segmenting customers should be avoided

19

The Delphi method is a process of gaining consensus from a group of experts by debate and voting throughout several rounds of group discussion led by a moderator

20

________ represent an organization's attempt to gain increased efficiency through specialization, which can include, for example, concentrating on certain classes of customers

21

Which of these is not a form of purchasing?

22

According to Wheelwright and Clark, which of the following project types breeds future commercial products, new systems, and novel services?

23

Solve the following problem using the simplex method

24

A(n)__________, a memory device, uses laser beams to access and store data

25

Design optimization is the stage in DFSS which focuses on product and process performance issues necessary to fulfill the product and service requirements in manufacturing or delivery

26

A time study analysis was performed on a task with two work elements. The select times for these work elements are 21.0 seconds and 13.0 seconds, with rating factors of 1.1 and 1.2, respectively. Each work element is performed twice per cycle

27

_____ activities cover all tasks directly related to the day-to-day operations of the DBMS and its applications

28

Providing quick service is an important aspect of quality customer service

29

Stainless steel is an important raw material for an appliance company. Steel accounts for a high level of spend and is critical to customer satisfaction. Further, only three suppliers worldwide can produce steel to meet the company’s quality standards. Which is appropriate in this situation?

30

The value for "z" used in quality control charts is based on the degree of confidence you want to have in the resulting UCL and LCL values.

31

The transcendent definition of quality was first defined as the goodness of a product

32

A seven activity project has the activity durations (in weeks) and costs shown in the table. In addition to the activity costs shown in the table, there is an additional daily fixed cost of $450. What is the least expensive project completion cost?

33

Logistics creates which utility through production forecasting, production scheduling and inventory control?

34

Using Table 8.1, what is the MAD for months 6-10 for the exponential smoothing technique?

35

Many companies are encouraging suppliers to provide a permanent on-site representative who can aid the company in improving customer order fulfillment processes

36

_____ consists of the processes a company uses to track and organize its contacts with consumers

37

To begin designing a relational database, you must define the _____ by defining each table and the fields in it

38

What are the computers, people, procedures, and software that store, organize, and deliver information in an organization?

39

Blending problems arise when one must decide which of two or more ingredients is to be chosen to produce a product

40

Enterprise Resource Planning (ERP) systems are used to plan, control, and manage day-to-day transactions in running a business and to provide real-time access to information. However, very few firms have implemented any type of ERP software.

41

An expansion of MRP to include other nonproduction company systems including finance, accounting, purchasing, and logistics is MRP II

42

A cost is determined for each period, based on when the activities that make up the work package are scheduled to be performed, to create

Find your answers, solutions and more...

We made it much easier for you to find exactly what you're looking for on Sciemce. Enjoy our search engine "Clutch."

Save a GPA. Donate your notes with us.

Business - Decision Science. Quiz Grade 2

Recent Packs