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MGMT 318 - Test 1

Production-Operations Management

QuestionAnswer
The collection of people, technology, and systems within an organization that has primary responsibility for providing the organization's products or services is called The operations function
Which of the following is NOT a trend in operations management decreased customization
The manufacturing process used to make a wide variety of highly customized products in quantities as small as one is a job shop
A project organization structure where team members are assigned to the project and work exclusively for the project manager is called A pure project structure
The earliest start time for an activity is equal to the largest earliest finish time of all its immediate predecessors
If a project has exactly one critical path, which one of the following statements is TRUE? Crashing an activity on the critical path will always result in a reduced total project completion time
This Gantt chart can be used to show... ...A......B............C ...........D.....E............F Activities D and B can be don simultaneously
For the project network planning model below, what is the latest that activity B can start if A is 35 days, B is 5 days, C is 6 days, and D is 7 days long? ......C A...........D .......B 36
A naive forecast is a time-series method whereby the forecast for the next period equals the demand for the current period False
Which one of the following basic patterns of demand is difficult to predict because it is affected by national or international events or because of a lack of demand history reflecting stages of demand from product development to decline? Cyclical
Which of these quantitative techniques is a casual model? Linear regression
What is operations management (OM)? the set of activities that creates value in the form of goods and services by transforming inputs into outputs
What is operations strategy the means by which operations implements the firm's corporate strategy
Mission statements... Tell an organization where it is going
Strategies... tell the organization how to get there
What are the three project management techniques Gantt Chart, Critical Part Method (CPM), Program Evaluation and Review Technique (PERT)
The critical path is... the longest time path through the network
The top left in the path analysis is.. Earliest Start (ES)
The bottom left in the path analysis is... Latest Start (LS)
The top right in the path analysis is... Earliest Finish (EF)
The bottom right in the path analysis is... Latest Finish (LF)
What's the earliest start time rule when the activity has only a single immediate predecessor? it's ES equals the EF of the predecessor
What's the earliest start time rule when the activity has multiple immediate predecessors? it's ES is the maximum of all the EF Values of its predecessors
What's the earliest finish time rule? The sum of its ES time and activity time. EF = ES + Activity Time
What's the latest finish time rule when the activity has an immediate predecessor for just a single activity? it's LF equals the LS of the activity that immediately follows it
What's the latest finish time rule when the activity has more than one immediate predecessor? it's LF is the minimum of all LS values of all activities that immediately follow it
What's the latest start time rule? LS of an activity is the difference of it's LF and its activity time. LS = LF - Activity Time
How do you compute Slack time? LS - ES .... or .... LF - EF
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