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Operations Management Quiz 5

Posted on Posted in MSC 337 Operations Management
Course Operations Management-16SP
Test Quiz 5
Started 3/5/16 10:28 PM
Submitted 3/5/16 11:15 PM
Status Completed
Time Elapsed 47 minutes.
Instructions
  • Question 1

5 out of 5 points

Which of the following typically shows the hierarchy of components, their description, and the quantity of each required to make one unit of a product?

Answer
Selected Answer:  

a bill of material
Correct Answer:  

a bill of material
  • Question 2

5 out of 5 points

Demand for soccer balls at a new sporting goods store is forecasted using the following regression equation:
Y = 98 + 2.2X where X is the number of months that the store has been in existence. Let April be represented by
X = 4. April is assumed to have a seasonality index of 1.15. What is the forecast for soccer ball demand for the month of April (rounded to the nearest integer)?

Answer
Selected Answer:  

107
Correct Answer:  

107
  • Question 3

5 out of 5 points

When is the exponential smoothing model equivalent to the naïve forecasting model?

Answer
Selected Answer:  

= 1
Correct Answer:  

= 1
  • Question 4

5 out of 5 points

Which of the following documents lists the operations necessary to produce the component with the material specified in the bill of material?

Answer
Selected Answer:  

a route sheet
Correct Answer:  

a route sheet
  • Question 5

5 out of 5 points

Which of the following represents an opportunity for generating a new product?

Answer
Selected Answer:  

All of these are such opportunities.
Correct Answer:  

All of these are such opportunities.
  • Question 6

5 out of 5 points

Daily demand for newspapers for the last 10 days has been as follows: 12, 13, 16, 15, 12, 18, 14, 12, 13, 15 (listed from oldest to most recent). Forecast sales for the next day using a three-day weighted moving average where the weights are 3, 1, and 1 (the highest weight is for the most recent number).

Answer
Selected Answer:  

14.0
Correct Answer:  

14.0
  • Question 7

5 out of 5 points

The dimensions, tolerances, materials, and finishes of a component are typically shown on a(n):

Answer
Selected Answer:  

engineering drawing.
Correct Answer:  

engineering drawing.
  • Question 8

5 out of 5 points

A TIME SERIES forecasting model in which the forecast for the next period is the actual value for the current period is the

Answer
Selected Answer:  

naïve model.
Correct Answer:  

naïve model.
  • Question 9

5 out of 5 points

Quality function deployment (QFD):

Answer
Selected Answer:  

All of these
Correct Answer:  

All of these
  • Question 10

0 out of 5 points

A judgmental forecasting technique that uses decision makers, staff personnel, and respondent to determine a forecast is called

Answer
Selected Answer:  

exponential smoothing.
Correct Answer:  

the Delphi method.
  • Question 11

5 out of 5 points

Which of the following is considered a causal method of forecasting?

Answer
Selected Answer:  

None of these
Correct Answer:  

None of these
  • Question 12

5 out of 5 points

The Japanese method of organizing for product design features:

Answer
Selected Answer:  

a single organization without subdivision or individual teams.
Correct Answer:  

a single organization without subdivision or individual teams.
  • Question 13

5 out of 5 points

Which of the following would likely cause a change in market opportunities based upon levels of income and wealth?

Answer
Selected Answer:  

economic change
Correct Answer:  

economic change
  • Question 14

5 out of 5 points

What identifies components by a coding scheme that specifies size, shape, and the type of processing (such as size)?

Answer
Selected Answer:  

group technology
Correct Answer:  

group technology
  • Question 15

5 out of 5 points

A process sheet is a type of:

Answer
Selected Answer:  

route sheet.
Correct Answer:  

route sheet.
  • Question 16

0 out of 5 points

Using the additive decomposition model, what would be the period 2, Q3 forecast using the following equation:  = 20 + 3.2X1 + 1.5X2 + 0.8X3 + 0.6X4?

Answer
Selected Answer:  

27.9
Correct Answer:  

27.2
  • Question 17

5 out of 5 points

Assume that you have tried three different forecasting models. For the first, the MAD = 2.5, for the second, the MSE = 10.5, and for the third, the MAPE = 2.7. We can then say:

Answer
Selected Answer:  

None of these
Correct Answer:  

None of these
  • Question 18

5 out of 5 points

Which of the following is an example of an external product development strategy?

Answer
Selected Answer:  

alliances
Correct Answer:  

alliances
  • Question 19

5 out of 5 points

Operations managers must be able to anticipate changes in which of the following?

Answer
Selected Answer:  

All of these
Correct Answer:  

All of these
  • Question 20

5 out of 5 points

In which stage of the product life cycle should product strategy focus on process modifications as the product is being “fine-tuned” for the market?

Answer
Selected Answer:  

introduction
Correct Answer:  

introduction

 

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