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OPS 571T Wk 6 – Apply Week 6 Assignment

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OPS 571T Wk 6 – Apply Week 6 Assignment

Which of the following is not a criterion that influences manufacturing plant or warehouse facility location decisions?

Multiple Choice

Government barriers

Trading blocs

Environmental regulation

Immigration rules

Local labor costs

 

 

If the average aggregate inventory value is $1,200,000 and the cost of goods sold is $600,000, which of the following is inventory turnover?

Multiple Choice

60

2

None of these

 

 

 

Facility location analysis considers the competitive imperative of a favorable business climate as indicated by the presence of other companies in the same industry.

True or False

 

 

 

In the sourcing/purchasing design matrix, there are three variables: contract duration, transaction costs and specificity (assume levels as short, medium and long for contractduration and for the rest, low, medium and high).Vendor managed inventory belongs to

Multiple Choice

 

long contract duration, high transaction costs and low specificity.

short contract duration, high transaction costs and low specificity.

long contract duration, low transaction costs and low specificity.

long contract duration, high transaction costs and high specificity.

long contract duration, low transaction costs and high specificity.

 

 

 

 

 

A favorable business climate in facility location decision making might include government legislation of tax abatements.

True or False

 

 

 

If the average aggregate inventory value is $45,000 and the cost of goods sold is $10,000, which of the following is weeks of supply?

Multiple Choice

 

45,000

234

120

 

 

Facility location analysis considers the competitive imperative of locating near the appropriate labor pool to take advantage of low wage costs and/or skill levels.

True or False

 

 

Hub-and-spoke systems combine the idea of consolidation and that of cross-docking.

True or False

 

 

Which of the following is not an improvement-driven reason to outsource?

Multiple Choice

 

Improve risk management.

Increase commitment in a noncore area.

Shorten cycle time.

Improve quality and productivity.

Obtain expertise, skills, and technologies that are otherwise not available.

 

 

 

The centroid method for plant location uses which of the following data?

Multiple Choice

 

Volume of goods to be shipped between existing points

Inbound transportation costs

Transport times between facilities

Correlation matrix of existing facilities

Probabilities and payoffs

 

 

 

If the average aggregate inventory value is $1,200,000 and the cost of goods sold is $600,000, which of the following is weeks of supply?

Multiple Choice

 

1,040

606

104

 

 

Issues of product mix and capacity are strongly interconnected to the facility location decision.

True or False

 

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