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Compre Reviewer > Mock Exam - Park 3 &4 > Flashcards

Mock Exam - Park 3 &4 Flashcards

1
Q

What is the objective of designing the product, process, and schedule in relation to facilities planning?

A

c. An efficient production system

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2
Q

It contains the information concerning the structure of the product

A

b. Bill of Materials (BOM)

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3
Q

A product requires two sequential machine operations. The first takes 3.5 mins and the defect percentage is 12. The second takes 6.0 mins and the defect percentage is 7. In another similar plant belonging …..

A
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4
Q

The work elements, precedence requirements and time requirements to assemble a picture frame are shown below. What is the cycle time capable of producing 1,600 frames per 40-hour week.

A

a. 1.5

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5
Q

A new cap press is needed. Two models are available. MARR is 10%
Find the EUAC of model ABC

A

c. 2,730 dollars

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6
Q

What annuity is required over 12 years to equate with a future amount of P20,000? Assume i=6% annually.

A

a. 1,185.54

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7
Q

The primary purpose of the mean absolute deviation (MAD) in forecasting is to?

A

c. measure forecast accuracy

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8
Q

The predetermined overhead rate is P50 per machine-hour, underapplied overhead is P5,000, and the actual amount of machine-hours is 2,000. What is the actual amount of total manufacturing overhead incurred during the period?

A

a. P105,000

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9
Q

A contract has been signed to lease a building at P20,000 per year with an annual increase of 1500 for 8 years. Payments are to be made at the end of each year, starting one year from now. The prevailing interest rate is 7%. What lump sum paid today would be equivalent to the 8-year lease payment plan?

A

a. P147,609.3773

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10
Q

John Buck opens a savings account by depositing 1,000 dollars. the account pays 6% simple interest. After three years, John deposits another 2,000 dollars. The amount in the account when John withdraws the money eight years after the first deposit is nearest to:

A

c. 4,080 dollars

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11
Q

The Inah Burger restaurant chain in the previous problem is considering three potential sites. With the following grid-map coordinates for its new distribution center: A (350,300); B (150,250); C (250,300). Determine the best location using the load distance formula.

A

b. Site B, LD = 15,325

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12
Q

Caloy Distribution Center in Quezon City is due to be replaced with a much larger, more modern facility that can handle the tremendous needs that have developed with the city’s growth. Fresh produce travels to the seven store locations several times a day making site selection critical for efficient distribution. Using the data in the following table, determine the map coordinates for the proposed new distribution center.

A

a. (8,7)

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13
Q

It consists of mechanism by which all interactions required by the layout are satisfied

A

d. Handling system design

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14
Q

In a ______ layout, work stations are arranged according to the general function they perform without regard to any particular product

A

a. Product

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15
Q

An assembly station is asked to process 100 circuit boards per hour. It takes 20 mins to receive the necessary components from the previous workstations. Complete circuit boards are placed in a rack that will hold 10 boards. The rack must be full before it is sent on to the next workstation. If the factory uses a safety factor of 10 percent, how many Kanban are needed for the circuit board assembly process?

A

b. 4

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16
Q

The CEO of Rebueno Water Ski from the other problem has decided to forgo the company’s policy of guaranteed employment. Assume the cost of hiring and firing workers is 100 dollars per worker hired and 400 dollars per worker fired. Try level production strategy. If necessary, allow backordering at 10 dollars per pair of skis per quarter. What is the cost of the plan?

A
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17
Q

The purchasing manager for the Ormillon Steel Company must determine a policy for ordering coal to operate 12 converters. Each converters requires exactly 5 tons of coal per day to operate, and the firm operates 360 days per year. The purchasing manager has determined that the ordering cost is P80 per order, and the cost of holding coal is 20% of the average peso value of inventory held. The purchasing manager has negotiated a contract to obtain the coal for P1200 per ton for the coming year. Determine the optimal quantity of coal to receive in each other.

A

c. 120

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18
Q

The Razon Office Supply Company ….. want to compute 3-month moving average.

A

b. 1100

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19
Q

The Razon Office Supply Company ….. want to compute 5-month moving average.

A

a. 910

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20
Q

The Razon Office Supply Company ….. want to compute 3-month weighted moving average with a weight of 50% for the October data, 33% for September data, and 17% for the August data. these weights reflect the company’s desire to have the most data influence the forecast more strongly.

A

c. 1034

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21
Q

It is the design and operation of productive systems

A

b. Operations Management

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22
Q

A mathematical technique that relates a dependent to an independent variable in the form of a linear equation

A

b. Linear Regression

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23
Q

Referring to the following product structure diagram, how many E’s are needed for each A.

A

c. 125

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24
Q

The Sanga Tire Company produces a brand of tire called the Roadrunner. The annual demand at its distribution center is 17,400 tires per year. The transport and handling cost are 2,600 dollars each time a shipment of tires is ordered at the distribution center. The annual carrying cost is 3.75 dollars per tire. Determine the optimal order quantity and the minimum total annual cost

A

d. 4,912 at 18,420 dollars

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25
Q

The Rebueno Water Ski Company ….. What is the cost of the plan?

A
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26
Q

The arrangement of all equipment, machinery, and furnishing within the structure

A

c. Layout Design

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27
Q

A layout construction program that uses the total closeness rating, which is the sum of all numerical values, assigned to the closeness relationships in a relationship chart between a department and all other departments.

A

c. CORELAP - Computerized Relationship Layout Planning

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28
Q

What is the preferred area requirement of partitioned open for space - supervisor or manager?

A

a. 80-110 sq. ft.

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29
Q

Charmz Developing Agency must determine how many photo-enlarger cubicles are required to maintain an output of 200 good prints per hour….. What is the required process capacity in prints per hour?

A

c. 211

30
Q

Prof. Joe has assigned 15 cases in his Seminar class to be completed in a 15 week semester….
Assuming students will work 5 days a week on this assignment, how many students should be assigned to each group?

A

b. 4

31
Q

A new piece of machinery with a 6-year useful lifetime is expected to have a maintenance costs of 8,000 dollars per year for the first four years of use and then have maintenance costs of 12,000 dollars per year for the last 2 years. Determine the present value of the maintenance costs assuming an interest rate of 8%.

A

a. 42,226 dollars

32
Q

In reference to number 5, A new cap press is needed. Two models are available. MARR is 10%
Find the EUAC of model XYC

A

b. 2,560 dollars

33
Q

Which one of the following items would fall under the definition of a liability?

A

d. Tax owed

34
Q

Which of the following is false?

A

b. Job cost information is not useful for assessing the profitability of different products.

35
Q

Variable costs are costs that:

A

a. vary in total directly and proportionately with changes in the activity level

36
Q

Refer to no. 4, balance the assembly line based on the computed cycle time using incremental utilization method.

A
37
Q

Which of the following statements are false?

A

If you cannot work out a value for an item that will bring you future benefits, the you cannot keep this as an asset in your records.

38
Q

Which of the following items is not a characteristics of a process cost system

A

b. The products produced are heterogeneous in nature.

39
Q

An industrial plant brought a generator set for P90,000. Other expenses including installation amounted to P10,000. The generator set is to have a life of 17 years with a salvage value at the end of life of 5,000. Determine the depreciation charge during the 13th year by declining balance method.

A

c. 1,949.20

40
Q

In reference to no. 39, determine the 13th year depreciation charge using sinking fund method at 12%

A
41
Q

In reference to no. 39, determine the 13th year depreciation charge using SOYD method

A
42
Q

The estimated total manufacturing overhead coat is P200,000. The estimated total amount of allocation base is 40,000 direct labor-hours. The actual total manufacturing overhead cost for the period is P220,000 and the actual direct labor hours worked on all jobs during the period is 41,000 hours. The total underapplied (overapplied) overhead for the period is:

A

a. P20,000 underapplied

43
Q

Cellular layout is a type of layout which -

A

b. Groups machines into small assembly lines that produce families of parts

44
Q

A method for classifying inventory items according to their dollar value to the firm based on the principle that only a few items account for the greatest dollar value of total inventory

A

d. ABC System

45
Q

The Inah Burger ……
Determine the coordinates of the location using the center-of-gravity method

A

a. (233,242)

46
Q

If the actual order quantity is the economic order quantity in a problem that meets the assumptions of the economic order quantity model shown below, the average amount of inventory on hand

A

c. is one-half of the economic order quantity

47
Q

Assuming the amount of manufacturing overhead overallocation or under allocation is not material, which account is adjusted at the end of the period?

A

d. Cost of Goods Sold

48
Q

A computerized system with relational data base management, client/server architecture, and expanded scope to cover enterprise-wide activities

A

a. Enterprise Resource Planning

49
Q

Assume that production volume is 1,600 pieces per dat, the standard time is 0.004 hour per piece, 8 working hours per day, setup time is 0.2 hr per day, and scrap rate of 0.10. Find the fractional machine number

A

c. 091

50
Q

A class of mathematical techniques that relate demand to factors that cause demand behavior

A

c. Regression Forecasting Method

51
Q

If the mean time between failure is found to be 129 hrs for a component, what is the reliability of the component at t=129 hrs.

A

c. .368

52
Q

An accident occurs when both fault event A and fault event B occur. The equation for joint probability of two fault events under any circumstances is given by P(A&B) = P(A|B) x P(B) means the probability of fault A given that fault B has occurred. If the occurrence of fault B does not affect the probability of the occurrence of fault A, the probability of an accident, when P(A) = .1 and P(B) = .05, is given by:

A

d. .00500

53
Q

For a typical month, 900D Manufacturing Company identified and reported the following quality costs:

What is the total failure cots for this month?

A

d. 332,000 dollars

54
Q

One of four machines is to be selected for the production of a lot whose size Q could be any value from 1000 to 4000. The production cost for machine l is given by

Ci = Ki + ciQ

where Ki and ci are the fixed and variable costs, respectively. These costs are given below for each machine.

based on the Laplace criterion, which machine should be used?

A

d. 4

55
Q

An I/O system with a single disk gets on average 50 I/O requests per second and average time for a disk to service an I/O request is 10ms, utilization of I/O system would be

A

b. 0.5

56
Q

If a surplus variable is used to convert a primal constraint to an equation, the corresponding dual variable will be:

A

d. nonpositive if the primal objective is maximization

57
Q

What is the upper control limit for a p-chart when the average daily production is 2500 unites with an established fraction defective og 0.05?

A

c. 0.063

58
Q

The quality engineer should be concerned with the human factors of a new piece of in-house manufacturing equipment as well as its operational effects because:

I. may speed the line to the point where a visual operator inspection is impossible
II. may require the operator’s undivided attention at the controls so the product cannot be fully seen
III. may remove an operator formerly devoting some portion of time to inspection

A

d. I, II, and III

59
Q

In queueing theory, an arriving customer who expects a long time may

A

b. balk

60
Q

Average residual service time, which again assumes Poisson arrivals as:

A

c. Average residual service time = 1/2 x Arithmetic mean + (1+C^2)

61
Q

Given the following table that presents the solution for a queueing problem with a constant service rate.

How many customers are in the system?

A

c. 1.607

62
Q

Given the following table that presents the solution for a queueing problem with a constant service rate.

How many customers arrive per time period?

A

b. 7

63
Q

Given the following table that presents the solution for a queueing problem with a constant service rate.

How many minutes does a customer spend in the service facility?

A

b. 0.321 mins

64
Q

Given the following table that presents the solution for a queueing problem with a constant service rate.

The probability that the server is idle is?

A

c. 0.286

65
Q

The control chart that is most sensitive to variations in measurements is:

A

d. x-bar and R chart

66
Q

A 4^3 experiment means that we are considering:

A

d. four levels of three factors

67
Q

The probability that defect type A occurs is .83, the probability that defect type B occurs is .83, and the probability that both occur is .83. Find the probability that at least one of the defects occurs.

A

a. 0.83

68
Q

Data are collected in xy pairs and a scatter diagram shows that the points are grouped very close to a straight line that tips down on its right-hand end. A reasonable value for the coefficient of correlation is:

A

c. -9

69
Q

A pharmaceutical company claims that its weight loss rug allows woman to lose 8.5 lb after one month of treatment. If we want to conduct an experiment to determine if the patients are losing less weight that advertised, which of the following hypothesis should be used?

A

c. H0: u=8.5; Ha: u<8.5

70
Q

Given a linear programming problem, changes in both the right hand side of the constraints and the coefficients of the objective function can affect

A

c. both the optimality and feasibility of the solution

71
Q

A simple random sample of 100 observation was taken from a large population. The sample mean and the standard deviation were determined to be 80 and 12 respectively. The standard error of the mean is:

A

a. 1.20

72
Q

A team studies a coil steel banding process and makes five changes resulting in productivity improvements of 2%, 2.8%, 2.4%, and 3% respectively. These improvements are best described by which approach to problem solving?

A

c. Kaizen

Compre Reviewer (8 decks)

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