2024 – Multiple Choice Question 43 For each work element in the time study

BUS 515 Final Part 2 Chapters 10 Through 16 (All Correct) – 2024

Multiple Choice Question 43

For each work element in the time study, multiplying the mean observed time by the performance rating factor by the frequency of occurrence results in what?
the normal time for the element
the average observed time for the element

the standard time for the element

the average delay for the element

the standard time for the job
Multiple Choice Question 21

The approach that details the tasks of a job and how to do them is ____________________.
work measurement
job evaluation

methods analysis
job design

work sampling

Multiple Choice Question 64

Disadvantages of individual incentive systems include all except which of the following?
They undermine teamwork.
A study has shown they had no effect on worker performance

They avoid the “free-rider” problem

They need a significant amount of data collection

They give employees a short-term focus.
Multiple Choice Question 3

Job design ensures that each employee’s _________ and ________ are geared towards achieving the company’s mission.
compensation, teams 

duties, teams

satisfaction, compensation

duties, responsibility

compensation, responsibility
Chapter 12

Multiple Choice Question 17

Companies can achieve cost-efficient operations by using which of the following inventory approaches?
work-in-process to buffer operations

inventory building to leverage reduced setup costs
JIT inventory to reduce overall cost
level work force maintenance through

speculative selling

Multiple Choice Question 27

Which of the following is an assumption of the basic EOQ model?
Lead time is known and constant.
Demand may be seasonal.
Orders can arrive in partial shipments.
Quantity discounts are considered

Lost sales are allowed, but not back orders.
Multiple Choice Question 5

Which inventory function specifically is designed to allow the company to maintain a level production strategy?
anticipation inventory

fluctuation inventory

lot-size inventory

transportation inventory

speculative inventory
Multiple Choice Question 20

Which of the following is not affected by decisions about how much inventory to hold?
item costs

holding costs

depreciation

ordering costs

stockout costs

Chapter 13

Multiple Choice Question 16

What type of aggregate plan sets labor and equipment capacity to satisfy demand each period?

 

uniform

level

chase

mixed

steady
Multiple Choice Question 32

The comparison of aggregate plans is difficult when they produce different quantities and thus _________.

have different ending inventories

have different staffing levels

have different amounts of overtime

have different amounts of subcontracting
have different revenues
Multiple Choice Question 38

Once you implement a new aggregate plan you must then:
begin the planning process again

evaluate the plan’s performance in terms of cost.
evaluate the plan’s performance in terms of customer service

evaluate the plan’s performance in terms of human resources.
evaluate the plan’s performance in terms of cost and human resources

Multiple Choice Question 53

The master production schedule is shared:
only internally

only with management

only to marketing and engineering.
to all members of the executive team, exclusively

to all members of the supply chain

Chapter 14

Multiple Choice Question 34

Information in the inventory records file that can change with inventory transactions includes the ________.

part number

lot size rule
projected inventory level

lead time

safety stock requirement
Multiple Choice Question 31

The quantity of the replenishment order is based on the __________________________.
capacity available

size of the item

number of workers available

inventory space available

lot sizing rule used
Multiple Choice Question 58

An action notice is generated ________________________________________.
for planned orders in any period

only for orders that are to be released to the shop floor
only for movements to and from the warehouse
only when marketing needs to be notified

when a planned order needs to be released

Multiple Choice Question 12

ERP systems provide _____ and _____ benefits.
tangible, HR

intangible, marketing

marketing, operation

tangible, intangible

CEO, CFO

http://edugen.wiley.com/edugen/art2/common/pixel.gifChapter 15

Multiple Choice Question 3

Scheduling in the high-volume environment is typically done through what?

priority rules

line design and balancing

Thompson’s rule

Simpson’s rule
Johnson’s rule

Multiple Choice Question 65

The process batch should:
match the transfer batch

exceed the transfer batch

be smaller than the transfer batch.
be fixed

be variable

Multiple Choice Question 16

If the schedule shows a 5 day slack between the end of Task A and start of Task B, this means:
You must start Task B as soon as Task A ends

Task B start is late

Task A is taking longer to complete

Task A and Task B should be performed concurrently

Task B start can be delayed up to 5 days after Task A’s scheduled completion

Multiple Choice Question 12

Which of the following scheduling techniques determines the earliest possible completion time for a job?
finite loading

infinite loading

forward scheduling

backward scheduling

input/output control

Chapter 16

Multiple Choice Question 27

In making a forward pass through a network, three activities are immediate predecessors for activity T. What is the early start time for activity T?
the smallest ES for the three activities that are immediate predecessors for activity T
the largest ES for the three activities that are immediate predecessors for activity T

the smallest EF for the three activities that are immediate predecessors for activity T

the largest EF for the three activities that are immediate predecessors for activity T

the activity time for activity T

Multiple Choice Question 67

One way of wasting safety time in the critical chain approach is multitasking, which involves ___________.
waiting until the last minute to start a project
interaction among project activities

having the computer operating system do everything

using a person or resource for more than one project

reversing the order of the activities

Multiple Choice Question 8

Which phase in the project life cycle involves analyzing the project risk?
conception

feasibility analysis or study

planning

execution

termination

Multiple Choice Question 18

The critical path is the sequential path of interrelated activities which has the ____________________.
most activities

longest time

most nodes

most events

most arrows
Multiple Choice Question 71

PERT is credited with reducing the duration of the Polaris missile project by _________________.
one year

two years

three years

four years

five years

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