Pre Exam Quiz 2. Business - Decision Science

1

Static connections are easy to initialize and maintain

2

_____ is a program that distributors market to manage their customers' inventory for them

3

A postimplementation audit is also called a(n) _____

4

The control of Walmart's value chain is _____, while the control of General Electric's is _____

5

The shortest possible time an activity can be completed realistically is called ________ time.

6

Which of the following is not a reason projects succeed?

7

If a process is stable and predictable:

8

_____ is a methodology for drawing conclusions about equality of means of multiple populations

9

Use the information from Figure K.3. What is the total weighted distance for the current layout?

10

Which of the following groups should NOT be a part of the risk identification process?

11

Design of experiments (DOE) refers to work done before production of early model prototypes of a new product.

12

You can recognize entity subtypes by the fact the primary key is also a(n) ____________________.

13

The first step in solving a graphical linear programming model is to:

14

Which of the following is the stage in the operations consulting process that immediately follows "sales and proposal development"?

15

Which of the following would be considered a third party provider?

16

All procurement documents should be in _____ form in order to facilitate accurate and complete responses from prospective sellers

17

Which of the following is a well-defined web-server interface?

18

A correlated subquery is one in which the inner query is executed first, and then the outer query is executed

19

Time series models usually incorporate variables or factors that are perceived to influence the variable being forecasted

20

Data for a particular subdivision near downtown Houston indicate that the average price per square foot for a home is $100 with a standard deviation of $5 (normally distributed). What is the probability that the average price per square foot for a home

21

As a general rule the greater the density the lower the freight rate.

22

The primary questions project teams use in qualitative risk analysis are "how likely is this risk to happen?", and "if it does happen, how big will the impact be?"

23

Identify and give an example of three out of the six contradictions that an effective project manager must face.

24

A(n) ____________________ field contains items such as yes or no.

25

What is a capacity cushion? Provide examples of capacity cushions in a university setting and an automotive producer

26

Answer the following statements true (T) or false (F)

27

Additive manufacturing can use which of the following materials?

28

Pull technology is adequate for marketing certain products and services and for providing customized information

29

Your company has been supplying a local company with warehouse management. A proposed project requires warehouse management in 15 national locations. This is an example of how the contractor could

30

Which of the following types of teams in an organization is usually cross-functional?

31

Marketing, production/operations, and ________ are the three functions that all organizations must perform to create goods and services

32

Briefly describeanyfourelements of a service-delivery system

Service-delivery system elements include:
1 . Facility location and layout—Location affects a customer's travel time and is an important competitive priority in a service business.The layout of a facilityaffects process flow, costs, and customer perception and satisfaction.
2 . Servicescape—It is allthe physical evidence a customer might use to form an impression.It also provides the behavioral setting where service encounters take place.
3 . Service process and job design—It is the activity of developing an efficient sequence of activities to satisfy both internal and external customer requirements. Emphasis is on developing procedures to ensure that things are done right the first time, that interactions between customers and service providers are simple and quick, and that human error is avoided.
4 . Technology and information support systems—Hard and soft technology is an important factor in designing service systems to ensure speed, accuracy, customization, and flexibility.

33

_____ includes both cost and revenue data for an item to identify the point where revenue equals cost, and the expected profit or loss at different production volumes

34

It is bad to have a negative cash-to-cash cycle in which the firm receives payment before it pays its suppliers.

35

Empowerment begins with delegation.

36

Lean operating systems seek to apply the principles of continuous flow to the production of discrete parts by reducing batch size, ideally to a size of one

37

Which one of the following is NOT an assumption of the EOQ model?

38

A small p-value in the rune test provides evidence of:

39

Which of the following was NOT mentioned in the textbook as being one of the more popular logistics management software applications?

40

Corporate strategic planning involves decisions related to:

41

The principle of__________is the idea that several organizations working together can do what one organization cannot

42

A(n) ____________________ is a collection of interrelated components that function together to achieve some outcome

43

The quality expert who proposed through his approach of 14 steps that quality, as a managed process, can be a source of improved financial performance for any firm is

44

_____ issues that affect how people work and how well they work include motivation, influence and power, and effectiveness

45

____________________ operators are used to combine the results of multiple queries

46

If demand increases by a factor of k, the optimal lot size increases by a factor of

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Pre Exam Quiz 2. Business - Decision Science

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