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Question
The ABC Cement Corporation produces a high-quality cement that is supplied to construction companies. The potential demand and the probability of each potential demand quantity are given for the upcoming year:
| Demand in Tons | Probability |
| 500,000 | 0.3 |
| 250,000 | 0.4 |
| 300,000 | 0.3 |
Assuming manufacturing capacity of 700,000 tons, the estimated capacity cushion
A.is 340,000 tons.
.is 360,000 tons.
C.is >1,000,000 tons.
D.cannot be computed from this information.
Answer
This answer is hidden. It contains 203 characters.
Related questions
Q:
The four common objectives of operations are
A.quality, delivery, cost, and innovation.
B.quality, cost, flexibility, and agility.
C.quality, cost, delivery, and flexibility.
D.cost, quality, capacity, and flexibility.
Q:
The transformation view of the operations function provides a unified approach for studying the manufacturing and service industries.
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Operations decisions concerning inventory levels are often made with which of these functions?
A. Marketing
B. Finance
C. Marketing and finance
D. Marketing, finance, and information systems
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A. sourcing and logistics.
B. capacity and inventory.
C. quality and process.
D. none of the above.
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Which of the following is NOT true regarding the process view of operations?
A. Operations managers are responsible for the conversion process.
B. A sales office may be viewed as a production process.
C. It is a basis for analyzing operations across the entire supply chain.
D. All of the above are true.
Q:
The major decision responsibilities of the operations management function include all of the following EXCEPT
A. quality.
B. process.
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Common inputs to the operations transformation process include all of the following EXCEPT
A. raw materials.
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C. capacity.
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B.function independently of each other.
C.interface with each other.
D.do not interface with each other.
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C.process, quality, technology, capacity, and production.
D.none of these.
Q:
Which of the following functions is responsible for the actual movement of goods and/or services across organizations?
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D.None of these
Q:
Which of the following statements is NOT correct about Gantt charts?
A. Gantt charts are extremely easy to use and are quite well understood.
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Q:
A manufacturer of water filtration pumps is most likely to use which of the following?
A. A prioritization rule based on the price the customer paid.
B. A prioritization formula comparing time left before the job is due to the remaining processing time.
C. A prioritization formula based on the first come, first served rule.
D. All of the above.
Q:
17.There are key differences between service and manufacturing organizations. Which of the following is true regarding these differences?
A. Most service organizations cannot inventory their services to absorb fluctuations in customer demand.
B. Most manufacturing organizations easily permit simultaneous production and consumption of system output.
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D.Service organizations can easily store current capacity in the form of inventories.
Q:
The two fundamental supply chain strategies are
A. low cost or high quality.
B. innovative or imitative.
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Q:
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A. Develop world-class processes.
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Q:
Which of the following is NOT a tactic for competing through flexible operations?
A. Reduce production time.
B. Select overseas suppliers.
C. Increase the variety of product/service options or features.
D. Add operations capacity.
Q:
A retailer that invests extensively in customer service training is most likely pursuing which operations objective?
A. Flexibility
B. Deliver
C. Cost
D. Quality
Q:
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A. Quality
B. Flexibility
C. Delivery
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Q:
Operations strategy is a
A. functional strategy.
B. business strategy.
C. divisional strategy.
D. corporate strategy.
Q:
A global corporation has which of the following characteristics?
A.A separate subsidiary or division for each country where it does business
B.Demand based on a worldwide versus a local basis
C.Products designed for each individual marketplace
D.Both a and c
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Next year's goal is to fill 99% of all orders from stock. This is an example of which of the following?
A.Objective
B.Mission
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B.Mission
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A.give importance to product choice decisions over process choice decisions.
B.give importance to process choice decisions over product choice decisions.
C.give importance to aligning product choice decisions and process choice decisions.
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Q:
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A.Assembly line in city.
B.Assembly line in small town.
C.Batch process in city.
D.Batch process in small town.
Q:
A company makes necklaces with attached letters. Department A manufactures the necklace chains and letters ahead of demand. Department B assembles the necklaces for specific names when orders are received. Departments A and B are, respectively,
A.make-to-stock, make-to-stock.
B.make-to-stock, assemble-to-order.
C.make-to-order, make-to-stock.
D.make-to-order, assemble-to-order.
Q:
2.The throughput ratio (TR) is the ratio of the total processing time for the job divided by
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B.utilization.
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D.100.
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A large office with a printing department, a drafting department with all of the engineers located together, and all of the managers located together in a large suite of offices is an example of
A.an assembly line process.
B.a batch process.
C.a project process.
D.a continuous process.
Q:
Concurrent engineering works much better with product line extensions or products that serve familiar markets than entirely new products.
Q:
A store open 24 hours per day is interested in determining store traffic. It found that customers arrive uniformly at the rate of 10 customers per hour. The store has a single worker to process customers. The worker takes an average of 5 minutes to process a customer. If we assume that every customer must be processed, what is the average number of customers in the store?
Q:
In process flowcharting it is most important to depict the process as it is supposed to work or as it was originally designed to work.