BUSI 2003 (BUSI2003)

Process selection choices affect all parts of the firm and thus involve all functional areas along with general management. Make-to-stock (MTS) and make-to-order (MTO) process choices each offer relative advantages and disadvantages. Which of the following statements concerning MTS and MTO is true? The second common phase of product development focuses on product design. Which of the following is not an activity of the product design? Batch flow production systems have a number of characteris...

• BUSI 2003 WEEK 2

BUSI 2003 FINAL EXAM – QUESTION AND ANSWERS

• BUSI 2003 WEEK 2

• BUSI 2003 MIDTERM EAXAM 100/100

BUSI 2003 FINAL EXAM – QUESTION AND ANSWERS

1. Question: Throughput time, process flow rate, capacity, and average amount of inventory in the system are some of the key metrics of a manufacturing process. 2. Question: A small value of a is used when we require a simple exponential smoothing model to be responsive to the recent demand pattern. 3. Question: Five commonly employed forms of structural change of a supply chain include each of the following except: 4. Question: Little's Law in a manufacturing process relates to: 5. Question: B...

• BUSI 2003 MIDTERM EAXAM 100/100 • Question 1 4 out of 4 points A lean system is designed to expose errors and get them corrected at the source. Selected Answer: True Correct Answer: True Answer Feedback: (pp. 142 - this is true as it prevents covering errors with inventory). • Question 2 4 out of 4 points According to the service matrix proposed by Collier and Meyer, ATM services are categorized as: Selected Answer: provider routed services Correct Answer: ...

BUSI 2003 Final Exam Week 6 BUSI 2003C- BUSI 2003-Operations Summer 2020 100 out of 100 points Throughput time, process flow rate, capacity, and the average amount of inventory in the system are some of the key metrics of a manufacturing process. The concept of mistake-proofing was first developed in the 1960s by Shigeo Shingo. It was called: Which of the following is not a reason for quality improvement failure? Little’s Law in a manufacturing process relates to: A bank has an average of...

BUSI 2003 FINAL EXAM – QUESTION AND ANSWERS