OPS 350 Week 5 Final Exam

Click Here To Download Your Files :

https://hwsell.com/category/ops-350/

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

You can buy more tutorials from the below link

https://www.hwsell.com/

OPS 350 Week 5 Final Exam

Question 1

The foundations of modern manufacturing and technological breakthroughs were inspired by the creation of the mechanical computer by:

Frederick Taylor.

Eli Whitney.

James Watt.

Charles Babbage.

Question 2

In a lean system, an item that is manufactured before it is needed is not considered waste, because it helps keep material flowing through the system.

Question 3

The terms "aggregate plan" and "sales and operations plan" are synonymous.

Question 4

Regardless of how departments like Accounting, Engineering, Finance, and Marketing function in an organization, they are all linked together through:

Question 5

Material requirements planning is a computerized information system developed specifically to aid in managing dependent-demand inventory and scheduling replenishment orders.

Question 6

Material requirements planning (MRP) is a computerized information system developed specifically to aid in managing dependent demand inventory and scheduling replenishment orders.

Question 7

2

/ 2

A weary traveler shows up at a hotel desk at midnight without a reservation. The desk clerk informs him that there is a room available, but sadly it is marked up 80% higher than the usual price. This is an example of promotional pricing.

Question 8

1

/ 1

A project is an interrelated set of activities that has a definite starting and ending point.

Question 9

2

/ 2

Operations planning and scheduling is the process of making sure demand and supply plans are in balance.

Question 10

2

/ 2

A product family is a group of customers, services, or products that have similar demand requirements and common processes, labor, and materials requirements.

Question 11

2

/ 2

Dependent demand for an item occurs because the quantity required for it varies with the production plans of one or more parents.

Question 12

2

/ 2

The projected on-hand inventory in the MPS takes into account scheduled receipts, but not planned receipts.