Let Quiz 2, Business - Decision Science

Logistics management is important to an organization because:

Reverse marketing is:

One who endorses and lends political support for the completion of a specific project is known as the

Average daily demand for a product is normally distributed with a mean of 5 units and a standard deviation of 1 unit. Lead time is fixed at four days

5

Describe two techniques for identifying use cases. Which is the most comprehensive approach?

Two techniques for identifying use cases are the user goal technique and the event decomposition technique. The user goal technique involves identifying all actors or users of the system and asking, "What are their goals in using the system?" Goals are identified at the elementary business process (EBP) level of analysis. The event decomposition technique involves asking, "What events does the system need to respond to?" External events, temporal events, and state events are identified. The use case is what the system does to react to or respond to each event. The event table is used to catalog information about each event and the resulting use case. The event decomposition technique is the most comprehensive technique. Both techniques involve the idea of an elementary business process (EBS) being a system process in response to a business event. A third technique discussed in chapter 7 is the CRUD technique, where the analyst identifies for each domain class the create, read or report, update, and delete use cases required. In practice, multiple approaches should be used to cross check each other to assure all use cases are identified.

6

A project has the precedence requirements and activity durations shown in the table. After he draws the network, the project manager decides that activities B, C, and D can be represented by a hammock activity

7

What learning approach did American Honda use to support the overall emphasis on growth and quality?

8

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

9

Given the following initial pairwise comparison matrix, determine the consistency ratio.

10

In forecasting, irregular variation that is explainable can normally be discarded

11

When selecting a foreign key placement for a 1:1 relationship, place the PK of the entity on the mandatory side in the entity on the optional side as a FK, and make the FK mandatory when _____

12

A guide who leads the project team through an analysis of project activities that went well and of what needs improvement and aids in the development of a follow-up action plan with goals and accountability is a(n)

13

It is important to assign a unique number to every component in the project Work Breakdown Structure

14

A comparison of the contingency reserves of schedule, resources, and budget at a particular time during the progress of a project with the original schedule, resources, and budget to determine if there are enough reserves in schedule, resources, or

15

Which of the following would be classified as an organizational opportunity?

16

With a single-server model, increasing the service rate while holding all other factors constant will:

17

All of the following are examples of the future focus on supply chain performance except _____

18

The sleekness of an automobile's exterior and the black "hightech" look of modern stereo components are examples of the _____ dimension of product design

19

In the internally supportive stage of business strategy alignment, management merely attempts to minimize negative potential in the operations and supply chain area

20

When cost analysis is applied to a supplier's price, the buyer:

21

Serving a high density of customers at a short distance is best done using

22

Your company is considering submitting a bid on a major project. You determine that the expected completion time is 100 weeks and the standard deviation is 10 weeks. It is assumed that the normal distribution applies. You wish to set the due date for the project such that there is an 85 percent chance that the project will be finished by this time. What due date should be set?

23

A program is a process designed to accomplish a common goal over time.

24

The role of sourcing planning and analysis is

25

Hypermedia documents can only be stored at the site where they were created

26

Senior management is responsible for creating an environment in which employees' decisions and actions and stakeholder interactions conform to the organization's moral and professional principles

27

"Quality lies in the eyes of the beholder" is:

28

Cost slope can be determined by dividing the

29

What is the nonlinear profit function for the XYZ company? Simplify the terms as much as possible

30

For an activity in a CPM analysis, the early finish time is 20 and the late finish time is 20. Which of the following statements is true?

31

Operations splitting sends pieces to the next operation before the entire lot is completed on the previous operation

32

_____ is measured as the amount of error in a measurement in proportion to the total size of the measurement

33

The graphical solution to a linear programming problem can be used when there are only two decision variables

34

A view name must be enclosed in single quotation marks if it is referenced in the FROM clause of a SELECT statement

35

Ethics has risen to the top of the business agenda because risks associated with inappropriate behavior have increased, both in their likelihood and in their potential negative impact

36

Perform Quantitative Risk Analysis is the process of numerically analyzing the effect of identified risks on overall project objectives

37

Discounting is the process by which interest on an investment accumulates, and then earns interest itself for the remainder of the investment period

38

"When in doubt, weed it out" describes which 5S element?

39

During the course of a project, project priorities may change impacting the project priority matrix. Give an example.

40

What does common law rely upon?

41

Group technology cells help to eliminate movement and queue (waiting) time between operations.

42

Which one of the following relationships is CORRRECT?

43

The use of ethical and environmental certifications for suppliers is decreasing.

44

Objective probabilities that can be stated prior to the occurrence of an event are:

45

In terms of fixed costs, variable cost/unit, and the selling price/unit, what is the break-even point?

46

A database object is a defined, self-contained structure in Oracle 12c

47

With a finite-source model, increasing the arrival rate by 10 percent and also increasing the service rate by 10 percent will result in:

48

A firm should not encourage suppliers to report instances of unethical behavior by anyone within the buying firm

49

A _____ includes the materials and other inputs purchased from suppliers and their use in the production of goods and services

50

According to the theory of constraints, which of the following is a kind of time that makes up the cycle time in production?

51

An operations and supply chain strategy must be integrated with the organization's corporate strategy.

52

What is MRP? Identify four benefits from its use

53

The principles of process improvement suggest that an effective, efficient process:

54

With supply and demand management decisions being made independently,

55

There are several tasks that a project customer (or sponsor acting in that capacity) can do to enhance the probability of success. Which of the following are generally performed independent of the project contractor who will perform the work?

56

When an activity with a long duration is broken into smaller segments so that the following activities can begin sooner it is called ________.

57

The semester project was due at 8:00 a.m. the next day and as the sun rose swiftly in the east, the team of four graduating seniors held their collective breath. If their database project worked (and why wouldn't it, they had begun early yesterday afternoon) they would complete their quest and graduate in a week with their shiny diplomas in MIS. Their drive to finish the project with A quality work was clear testament to their:

58

Which of the following uses of MRP in promoting a healthy environment is NOT used?

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Let Quiz 2, Business - Decision Science

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