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UOP OPS 571 Final Exam Guide (New, 2018)
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For more classes visit http://www.ops571assignment.com OPS 571 Final Exam Guide (New, 2018) 1. Which of the following is a measure of operations and supply management efficiency used by Wall Street? Dividend payout ratio Receivable turnover Current ratio Financial leverage Earnings per share growth
- An activity-system map is which of the following?
A diagram that shows how a company’s strategy is delivered to customers
A timeline displaying major planned events
A network guide to route airlines
A facility layout schematic noting what is done where
A listing of activities that make up a project
3. Which of the following is a total measure of productivity? Output/Materials Output/Labor Output/(Labor + Capital + Energy) All of these Output/Inputs
4. Which of the following approaches to service design is characterized by having the customer take a greater role in the production of the service? Quality approach Self-service approach Production-line approach Do-it-yourself approach Personal-attention approach
5. Which of the following basic types of production layout formats is one that has similar equipment or functions are grouped together? Work center layout Production line layout Group technology layout Manufacturing cell layout Assembly line layout
- Which of the following is a characteristic that can be used to guide the design of service systems?
Services are all similar.
Services cannot be inventoried.
Services businesses are inherently entrepreneurial.
Even service businesses have internal services.
Quality work means quality service. - An advantage of a make-to-stock process is which of the following?
All units of output are unique.
It features rapid delivery of a standard product.
It combines the best features of other processes.
It responds directly to customer orders.
It allows the firm to avoid inventory costs.
8. Getting an autograph from a famous person might involve standing in which type of queuing line structure? Single channel, single phase None of these Single channel, multiphase Multichannel, multiphase Multichannel, single phase
- For an infinite queuing situation, if the arrival rate for loading trucks is 5 trucks per hour, what is the mean time between arrivals?
2.5 hours
5 hours
0.2 hour
0.1 hour
None of these - An assumption of learning curve theory is which of the following?
Organizational learning is not included in learning theory.
The time required to do a task will vary randomly each time the task is repeated.
Unit time will decrease at an increasing rate.
Learning will not be transferred from one worker to the next.
The reduction in unit time will follow a predictable pattern.
11. A company's production process has an 80 percent learning curve rate. The process has produced 1,000 units to date. A process refinement is estimated to allow a future learning curve rate for the identical product of 75 percent. However, the initial unit made using the new process will take the same amount of time as the initial unit produced using the old process. At what point, using the new process, will the production rate exceed the production rate achieved by the old process? Before the 100th unit Before the 120th unit Before the 80th unit Before the 50th unit Before the 250th unit
12. For which of the following should we use a p-chart to monitor process quality? Grades in a freshman "pass/fail" course Temperatures in a classroom The dimensions of brick entering a kiln The weight of fluid in a container Lengths of boards cut in a mill
13. You have been called in as a consultant to set up a Kanban control system. The first thing to do is to determine the number of Kanban card sets needed. Your research shows that the expected demand during lead time for a particular component is 150 per hour. You estimate the safety stock should be set at 25 percent of the demand during lead time. The tote trays used as containers can hold 8 units of stock, and the lead time it takes to replenish an order is 2 hours. Which of the following is the number of Kanban card sets necessary to support this situation? 42 68 89 47 94
14. Which of the following is a fixed-time-period inventory model? Just-in-time model The EOQ model Periodic system model The Q model The least cost method
15. A company is planning for its financing needs and uses the basic fixed-order-quantity inventory model. Which of the following is the total cost (TC) of the inventory given an annual demand of 10,000, setup cost of $32, a holding cost per unit per year of $4, an EOQ of 400 units, and a cost per unit of inventory of $150? None of these $1,501,600 $1,498,200 $499,313 $500,687
A. $1,501,600
Q = 400. Average Inventory = Q/2 = 200. Holding cost/year = $4. Thus, annual holding cost = $800. Annual set-up cost = 10,000/400 = 25 x $32 = 800. Demand x cost per unit = 10,000 x $150 = 1,500,000. Hence, TC = $1,500,000 + 800 + 800 = $1,501,600.
- Which of the following is a principle of work center scheduling?
Reschedule every day.
Once started, a job can and should be finished even if unavoidably interrupted.
Assign the first worker to all of the days that require staffing.
Achieve certainty in standards and routings.
Give work centers less to do then their maximum. - Which of the following is a “focusing step” of Dr. Eli Goldratt’s theory of constraints?
Identify system constraints.
Support system constraints.
If you have no system constraints, make some.
Reduce system constraints.
Reinforce system constraints. - In designing a lean production facility layout, a designer should do which of the following?
Locate flexible workstations offline.
Balance capacity using job shop analysis.
Design for work flow balance.
Always keep operations on a single floor of the factory.
Link operations through a push system. - A simple project listing of five activities and their respective time estimates are presented here:
Using CPM, which activities make up the critical path?
None of these
A, B, D, E
A, D, E
A, C, B, D, E
A, C, D, E - A company must perform a maintenance project consisting of seven activities. The activities, their predecessors, and their respective time estimates are presented here:
Using CPM, which activities make up the critical path?
A, C, B, F, E
None of these
A, B, D, F, G
A, C, E, F, G
A, D, E
21. Which of the following is not a problem definition tool from the operations consulting tool kit? Issue trees Five forces model Computer simulation Customer surveys Gap analysis
22. Which of the following is not one of the basic types of forecasting? Simulation Causal relationships Qualitative Time series analysis Force field analysis
23. A company has actual unit demand for three consecutive years of 124, 126, and 135. The respective forecasts for the same three years are 120, 120, and 130. Which of the following is the resulting MAD value that can be computed from these data? 3 1 15 123 5
C MAD = ABS[(124 - 120) + (126 - 120) + (135 - 130)]/3 = 15/3 = 5.
- From an operational perspective, yield management is most effective under which of the following circumstances?
Inventory is perishable.
The firm doing yield management is very profitable.
Demand cannot be segmented by customer.
Fixed costs are low, and variable costs are high.
The customer is a “captive” of the system. - What is transaction processing?
The decision support system used to efficiently handle multiple transactions
The movement of paperwork through a system using a decision tree
The scheduling of machinery to minimize time and scrap
The posting and tracking of the detailed activities of a business - If the actual output of a piece of equipment during an hour is 500 units and its best operating level is at a rate of 400 units per hour, which of the following is the capacity utilization rate?
0.75
1.00
1.25
1.33
100
27.Which of the following is an input to the master production schedule (MPS)? Planned order schedules The bill of materials The aggregate plan The exception report Inventory records file
28. Which of the following is considered a primary report in an MRP system? Cycle counting reports Performance reports Planned order schedules Planning reports Exception reports
- The centroid method for plant location uses which of the following data?
Probabilities and payoffs
Correlation matrix of existing facilities
Volume of goods to be shipped between existing points
Inbound transportation costs
Transport times between facilities
30. In Hau Lee's uncertainty framework to classify supply chains, a supply chain for functional products with an evolving supply process is called which of the following? Responsive Forward looking Efficient Risk hedging Agile
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UOP OPS 571 Assignment Critical Path NEW
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a. Observe the critical path diagram. Why are there two arrows pointing to task F?
b. Why is the critical path shown as A-B-E-G-I? How is the critical path defined?
c. What would happen if activity F was revised to take 4 days instead of 2days?
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UOP OPS 571 Final Exam Guide New 2017 (Score 30/30) NEW
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OPS 571 Final Exam Guide New 2017 (Score 30/30) NEW
- Identify a disadvantage of implementing group technology in a firm.
The number of employees required for a process increases exponentially.
The workers must be flexible enough to run several machines and processes.
It increases inventory.
The waiting time between operations is increased.
2. A shopkeeper purchases raw materials to manufacture souvenirs for a local event that happens once every five years. In this case. identify the model that the shopkeeper is most likely to use to maintain stock. Lot sizing model Fixed—time period model Fixed—order quantity model p. Single-period model
3 Define synchronous manufacturing as stated by Goldratt’s theory.
It is a production process organized to achieve the goals of the firm.
It is an integrated set of activities designed to achieve high quality and high levels of production with minimal inventories of raw materials.
It is a production process in which machines are the critical resource used for scheduling.
It is the optimization of the rate at which cash is generated by production through sales.
4. involves testing random samples of the end product from a process to determine if the process is churning out items within the predetermined range. Organizational leaming Statistical process control Cyclical strategic scheduling Event simulation
5. Utilization is the ratio between the actual amount of time a resource is activated for and the total amount of time the resource is available for use. Utilization Lead time Service rate Pacing
6. The manager of a shop floor schedules production based on the equipment that are used in the process as a key resource. In this case. the manager is most likely using a backward scheduling forward scheduling machine-limited process labor-limited process
7 Define lead time.
It is the time required to achieve high customer service with minimum levels of inventory investment.
It is the time required to produce a variety of products typically at lower volume levels.
It is the time required to attend to a customer order.
It is the time required to position inventory in the supply chain.
8. refers to the integrated activities designed to achieve high quality and high levels of production with minimal inventories of raw materials and to eliminate wastes. The Shingo system Kanban system Lean production Process mapping
- Define preventive maintenance.
It is the grouping of similar parts and processes into a specialized workcell.
It is the improvement that stems from both a person’s experience and the changes in equipment. product design. and administration.
It is the periodic inspection and repair of equipment to avoid breakdowns.
It is the emphasis of getting a product or a process right the first time.
10. shows the relationship between the total number of units produced and the unit production tim A Poisson distribution A learning curve Cycle time Service rate
11 Identify a true statement about services.
A service is a tangible process.
A service is inherently heterogeneous
A service has physical dimensions.
A service has very limited or no customer interaction.
12. In a the product remains in a specific location and the equipment labor and material required for the product are gathered to the specific location project layout functional layout manufacturing cell workcenter
13. Rachel performs an analysis in which she analyzes the performance of the clients of her organization relative to the expectations of the client's customers. In this scenario. Rachel is most likely using a Pareto analysis gap analysis Gantt chart bar chart
14. is the design operation and improvement of the processes that create and deliver a company's essential products and services. Inventory control Operations and supply chain management Product routing Aggregate sales and operations planning
15. determines the amount of inventory, which includes parts. components. and materials. necessary to produce a product Break-even analysis Dynamic programming Material requirements planning GAP analysis
- Define customer order decoupling point.
It involves the analysis of current business data to better solve business problems using mathematical calculations.
It is the time required to attend a customer order.
It is the positioning of inventory in a supply chain.
It illustrates the method by which a company’s strategy is delivered through a set of supporting activities. - Define waste reduction.
It is the process of combining the concept of cross-docking and consolidation.
It is the elimination of non—value-adding activities and the optimization of value-adding activities that are part of a process.
It is the optimization of the rate at which cash is generated by production through sales.
It is the integration of activities to increase the customer value of a process. - Identify the true statements about the learning curve theory.
It assumes that the unit time for a task will decrease at a decreasing rate.
A drawback of the learning curve theory is that the performance can be measured only in terms of time per unit.
In a learning curve. the time for task completion will increase each time the task is undertaken.
In a learning curve the reduction in time will be unpredictable.
19. is the characteristics of a product in terms of quality that are sorted as either conforming or nonconforming to specification. The capability index A throughput rate A learning curve An attribute
- Identify a true statement about an operations consulting process.
Its results are immediately measurable.
It leads to changes in attitudes and culture of an organization.
Unlike general management consulting. operations consulting does not require extensive interviewing of employees.
It takes a longer time than general management consulting to yield results that can be measured. - Identify a true statement about water transportation mode.
It is a highly specialized mode of transport limited to the delivery of gases-
Moving high volumes of products is costly.
It can handle a high capacity of materials.
Fast transit times can be achieved in this mode of transportation.
22. A pharmaceutical company keeps detailed documentation of its inventory. The company replenishes its inventory whenever the inventory level falls below a certain limit and there is a threat of a stockout. This company is most likely using a model. fixed-order quantity fixed-time period regression single-period
23. According to Goldratt's definition, is the rate at which cash is generated by production through sales. expediting throughput productivity cash flow
- Identify an advantage of pure projects.
Team pride, motivation, and commitment are high.
Team members have authority over the project.
Organizational goals and policies are upheld.
Duplication of resources is eliminated
25. are used for decisions that are related to aggregate and strategy demand- Process assessments P-models Periodic review systems Strategic forecasts
- Identify a disadvantage of pure projects.
Equipment and people are not shared across projects.
A lot of time is consumed while making decisions.
Lines of communication are lengthened.
The project manager has no authority over the project.
27. is responsible for scheduling, dispatching, monitoring, and regulating production on the shop floor. Manufacturing execution system P-model ABC classification Enterprise resource planning
28. is the average time required to finish a cycle of an operation. Cycle time Lead time Queue time Changeover time
29. A manufacturing firm efficiently assembles an airplane by bringing all the necessary raw materials, parts, and equipment to a central location. This scenario illustrates a functional layout workcenter manufacturing cell project layout
- The main objective of the aggregate operations plan is to:
achieve better integration between suppliers and manufacturers.
minimize the cost of resources necessary to meet demand.
determine future demand with the help of past data.
keep demand and supply in balance.
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UOP OPS 571 Assignment Operations Forecasting (2 Set) NEW
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Purpose of Assignment
The purpose of this assignment is for students to learn how to apply Operations Forecasting.
Assignment Steps
Resources: Microsoft® Excel®
Select a business operations dataset from the internet or other sources which can be used for forecasting in the University Library.
Develop a minimum of three quantitative forecasts using Microsoft® Excel®.
• Compare and contrast each quantitative forecast you develop.
• Choose the one forecast you determine would be the best for the firm and be prepared to explain why you chose this.
• Evaluate the impact this forecast would have on the firm from a financial metrics standpoint.
Develop a 700-word report in which you describe your forecasting project including details on all the assignment steps.
Format your assignment consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
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UOP OPS 571 Week 5 Team Six Sigma Yellow Belt Training Part II (2 PPT) NEW
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OPS 571 Week 5 Team Six Sigma Yellow Belt Training Part II (2 PPT) NEW
This Tutorial contains 2 Presentations of this Assignment
Purpose of Assignment
The purpose of this assignment is for students to receive Six Sigma Yellow Belt Training
Executing DMAIC Six Sigma quality improvement (analyze, improve, and control) projects.
Assignment Steps
Resources: Microsoft® PowerPoint®
Use the same business your team chose and has been observing and collecting data for the Week 3 Learning Team Assignment.
Execute the analyze phase of the Six Sigma DMAIC project including the following:
- Determine the most likely causes of defects.
- Understand why defects are generated by identifying the key variables most likely to create process variation.
- Identify necessary/unnecessary process steps.
Execute the improve phase of the Six Sigma DMAIC project including the following:
- Identify means to remove the causes of defects.
- Confirm the key variables and quantify their effects on the critical-to-quality characteristics (CTQs).
- Identify the maximum acceptance ranges of the key variables and a system for measuring deviations of the variables.
- Modify the process to stay within an acceptable range.
Execute the control phase of the Six Sigma DMAIC project including the following:
- Determine how to maintain the improvements.
- Determine how to monitor and control improvements.
- Put tools in place to ensure that the key variables remain within the maximum acceptance ranges under the modified process.
Utilize all analytical tools available for Six Sigma as permitted or appropriate including,but not limited to: flowcharts, run charts, Pareto charts, checksheets, cause-and-effect diagrams, opportunity flow diagram, process control charts, failure mode and effect analysis (FMEA), design of experiments (DOE) and lean tools. Students can use templates located in the text or online sources.
Develop a 10- to 15-slide Microsoft® PowerPoint® presentation, including talking points, highlighting your work on the three phases of the Six Sigma process improvement project.
Format your assignment as if you would be giving a presentation to senior management.
Compile the slides from the Week 3 Learning Team Assignment, “Improve and Control Phases,” with your Week 5 slides into a final PowerPoint® presentation to be submitted for final credit.
Click the Assignment Files tab to submit your assignment.
Note: Grades are awarded based upon individual contributions to the Learning Team assignment. Each Learning Team member receives a grade based upon his/her contributions to the team assignment. Not all students may receive the same grade for the team assignment.
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UOP OPS 571 Final Exam Guide New 2017 (Score 30/30) NEW
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1. Identify a disadvantage of implementing group technology in a firm.
The number of employees required for a process increases exponentially.
The workers must be flexible enough to run several machines and processes.
It increases inventory.
The waiting time between operations is increased.
2. A shopkeeper purchases raw materials to manufacture souvenirs for a local event that happens once every five years. In this case. identify the model that the shopkeeper is most likely to use to maintain stock.
Lot sizing model
Fixed—time period model
Fixed—order quantity model p.
Single-period model
3 Define synchronous manufacturing as stated by Goldratt’s theory.
It is a production process organized to achieve the goals of the firm.
It is an integrated set of activities designed to achieve high quality and high levels of production with minimal inventories of raw materials.
It is a production process in which machines are the critical resource used for scheduling.
It is the optimization of the rate at which cash is generated by production through sales.
4. involves testing random samples of the end product from a process to determine if the process is churning out items within the predetermined range.
Organizational leaming
Statistical process control
Cyclical strategic scheduling
Event simulation
5. Utilization is the ratio between the actual amount of time a resource is activated for and the total amount of time the resource is available for use.
Utilization
Lead time
Service rate
Pacing
6. The manager of a shop floor schedules production based on the equipment that are used in the process as a key resource. In this case. the manager is most likely using a
backward scheduling
forward scheduling
machine-limited process
labor-limited process
7 Define lead time.
It is the time required to achieve high customer service with minimum levels of inventory investment.
It is the time required to produce a variety of products typically at lower volume levels.
It is the time required to attend to a customer order.
It is the time required to position inventory in the supply chain.
8. refers to the integrated activities designed to achieve high quality and high levels of production with minimal inventories of raw materials and to eliminate wastes.
The Shingo system
Kanban system
Lean production
Process mapping
9. Define preventive maintenance.
It is the grouping of similar parts and processes into a specialized workcell.
It is the improvement that stems from both a person’s experience and the changes in equipment. product design. and administration.
It is the periodic inspection and repair of equipment to avoid breakdowns.
It is the emphasis of getting a product or a process right the first time.
10. shows the relationship between the total number of units produced and the unit production tim
A Poisson distribution
A learning curve
Cycle time
Service rate
11 Identify a true statement about services.
A service is a tangible process.
A service is inherently heterogeneous
A service has physical dimensions.
A service has very limited or no customer interaction.
12. In a the product remains in a specific location and the equipment labor and material required for the product are gathered to the specific location
project layout
functional layout
manufacturing cell
workcenter
13. Rachel performs an analysis in which she analyzes the performance of the clients of her organization relative to the expectations of the client’s customers. In this scenario. Rachel is most likely using a
Pareto analysis
gap analysis
Gantt chart
bar chart
14. is the design operation and improvement of the processes that create and deliver a company’s essential products and services.
Inventory control
Operations and supply chain management
Product routing
Aggregate sales and operations planning
15. determines the amount of inventory, which includes parts. components. and materials. necessary to produce a product
Break-even analysis
Dynamic programming
Material requirements planning
GAP analysis
16. Define customer order decoupling point.
It involves the analysis of current business data to better solve business problems using mathematical calculations.
It is the time required to attend a customer order.
It is the positioning of inventory in a supply chain.
It illustrates the method by which a company’s strategy is delivered through a set of supporting activities.
17. Define waste reduction.
It is the process of combining the concept of cross-docking and consolidation.
It is the elimination of non—value-adding activities and the optimization of value-adding activities that are part of a process.
It is the optimization of the rate at which cash is generated by production through sales.
It is the integration of activities to increase the customer value of a process.
18. Identify the true statements about the learning curve theory.
It assumes that the unit time for a task will decrease at a decreasing rate.
A drawback of the learning curve theory is that the performance can be measured only in terms of time per unit.
In a learning curve. the time for task completion will increase each time the task is undertaken.
In a learning curve the reduction in time will be unpredictable.
19. is the characteristics of a product in terms of quality that are sorted as either conforming or nonconforming to specification.
The capability index
A throughput rate
A learning curve
An attribute
20. Identify a true statement about an operations consulting process.
Its results are immediately measurable.
It leads to changes in attitudes and culture of an organization.
Unlike general management consulting. operations consulting does not require extensive interviewing of employees.
It takes a longer time than general management consulting to yield results that can be measured.
21. Identify a true statement about water transportation mode.
It is a highly specialized mode of transport limited to the delivery of gases-
Moving high volumes of products is costly.
It can handle a high capacity of materials.
Fast transit times can be achieved in this mode of transportation.
22. A pharmaceutical company keeps detailed documentation of its inventory. The company replenishes its inventory whenever the inventory level falls below a certain limit and there is a threat of a stockout. This company is most likely using a model.
fixed-order quantity
fixed-time period
regression
single-period
23. According to Goldratt’s definition, is the rate at which cash is generated by production through sales.
expediting
throughput
productivity
cash flow
24. Identify an advantage of pure projects.
Team pride, motivation, and commitment are high.
Team members have authority over the project.
Organizational goals and policies are upheld.
Duplication of resources is eliminated
25. are used for decisions that are related to aggregate and strategy demand-
Process assessments
P-models
Periodic review systems
Strategic forecasts
26. Identify a disadvantage of pure projects.
Equipment and people are not shared across projects.
A lot of time is consumed while making decisions.
Lines of communication are lengthened.
The project manager has no authority over the project.
27. is responsible for scheduling, dispatching, monitoring, and regulating production on the shop floor.
Manufacturing execution system
P-model
ABC classification
Enterprise resource planning
28. is the average time required to finish a cycle of an operation.
Cycle time
Lead time
Queue time
Changeover time
29. A manufacturing firm efficiently assembles an airplane by bringing all the necessary raw materials, parts, and equipment to a central location. This scenario illustrates a
functional layout
workcenter
manufacturing cell
project layout
30. The main objective of the aggregate operations plan is to:
achieve better integration between suppliers and manufacturers.
minimize the cost of resources necessary to meet demand.
determine future demand with the help of past data.
keep demand and supply in balance.
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UOP OPS 571 Week 2 Assignment Statistical Process Control Methods NEW
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Purpose of Assignment
The purpose of this assignment is for students to learn how to apply Statistical Process Control Methods to a business process.
Assignment Steps
Resources: Microsoft® Excel® and PowerPoint®
Select a complex continuous process from your personal life or work. The process can be the same as in Week 1 assignment.
Complete the following:
• Use Microsoft®Excel®to calculate the defined process metrics including variation and process capability.
• Use Microsoft®Excel®andPowerPoint®to develop and display a control chart for the process.
Evaluate the control chart and process metrics using Statistical Process Control (SPC) methods.
Evaluate whether the process could benefit from the use of Six Sigma tools.
Develop a 525-word executive summary in which you describe your Statistical Process Control project and include the control chart with SPC.
Format your assignment consistent with APA guidelines.
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UOP OPS 571 Final Exam Guide (April 2018) NEW
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For more classes visit http://www.ops571assignment.com OPS 571 Final Exam Guide April 2018 NEW Which of the following is a measure of operations and supply management efficiency used by Wall Street? Current ratio Receivable turnover Financial leverage Earnings per share growth Dividend payout ratio
When a company seeks to match the benefits of a successful position while maintaining its existing position in offering customers a variety of differing services, what is this process called? Inter-functional analysis Order qualifying Order winning Straddling Operations capability analysis
Which of the following is a total measure of productivity? Output/(Labor + Capital + Energy) Output/Labor All of these Output/Materials Output/Inputs
In the service-system design matrix, a face-to-face total customization service encounter is expected to have which of the following? Low degree of customer/server contact None of these Low production efficiency High production efficiency Low sales opportunity
We would expect to see in a manufacturing cell layout which of the following?
None of these
Long production setup times
Large teams who collectively do a small part of a finished product
A small team of workers who turn out complete units of work
More in-process inventory
Which of the following is a major factor that distinguishes service design and development from manufacturing design and development?
Capacity decisions are much more critical in manufacturing operations.
Manufacturing is far more capital intensive than services.
The service process and service product can be developed independently.
The service package has the same legal protection available to manufactured goods.
The service package is the major output of the development process.
The customer order decoupling point determines the position of what in the supply chain? Orders Transportation facilities Inventory Customers Manufacturing facilities
Machine breakdown and repair in a 12-machine factory having one repair mechanic would develop which type of queuing system line structure concerning machine breakdowns? Single channel, single phase None of these Multichannel, single phase Single channel, multiphase Multichannel, multiphase
Assume the service rate for a queue in a truck-loading operation is 2 trucks per hour. Using the infinite queuing notion for the models presented in the textbook, which of the following is the average service time? 0.25 hour 0.5 hour 2 hours 1 hour None of these
An assumption of learning curve theory is which of the following?
Unit time will decrease at a decreasing rate.
Unit time will hold constant.
Unit time will increase at an increasing rate.
Unit time will increase at a decreasing rate.
Unit time will decrease at an increasing rate.
The unit improvement factor for a 60 percent learning curve at 25 units is 0.0933. The first and second timings of a person doing a job are 5 minutes and 3 minutes respectively. Which of the following is the learning-adjusted time estimate for unit number 25? 0.0933 minute 9.33 minutes 3 minutes 4.665 minutes 0.4665 minute
For which of the following should we use a p-chart to monitor process quality? Letter grades on a final examination Temperature of entrees in a restaurant Weight errors in cans of soup Errors in the length of a pencil Defective electrical switches
You have been called in as a consultant to set up a Kanban control system. The first thing to do is to determine the number of Kanban card sets needed. Your research shows that the expected demand during lead time for a particular component is 150 per hour. You estimate the safety stock should be set at 25 percent of the demand during lead time. The tote trays used as containers can hold 8 units of stock, and the lead time it takes to replenish an order is 2 hours. Which of the following is the number of Kanban card sets necessary to support this situation? 94 68 42 47 89
Which of the following is a fixed-order-quantity inventory model? P model Periodic replenishment model The ABC model Economic order quantity model Cycle counting model
Using the fixed-order-quantity model, which of the following is the total ordering cost of inventory given an annual demand of 36,000 units, a cost per order of $80, and a holding cost per unit per year of $4? $1,889 $2,267 $849 $2,400 $1,200
Assume there are five jobs (i.e., A, B, C, D, and E) that need to be sequenced in a production schedule. The remaining operating time necessary for completion of job A is 4 days (i.e., job A will take 4 more days to complete), B will take 7 days, C will take 8 days, D will take 2 days, and E will take 5 days. Which job should be scheduled first if you use the SOT priority rule for job sequencing? E B C D A
Which of the following is a “focusing step” of Dr. Eli Goldratt’s theory of constraints?
Reinforce system constraints.
If you have no system constraints, make some.
Identify system constraints.
Reduce system constraints.
Support system constraints
In implementing a lean production system you should work with suppliers to do which of the following? Make frequent deliveries. Calculate lead times. Achieve bottom-round management. Freeze windows. Use quality circles.
For an activity in a CPM analysis, the early finish time is 20 and the late finish time is 20. Which of the following statements is true?
The slack for this activity is 20.
The activity’s late start must happen before its early start.
The activity is on the critical path.
The duration of this task is 20.
The duration of this task is zero.
You have been placed in charge of a large project. Shortened communication lines are required to ensure quick resolution of problems as they arise. You recognize that the project is going to take a lot of time and require a lot of team pride, motivation, and commitment by all members. Which project management structure should you use in this situation? Pure project PERT Task force Functional project Matrix project
Which of the following is not a principle of reengineering?
Capture information many times, at the source and where it is interpreted.
Treat geographically dispersed resources as though they were centralized.
Merge information processing work into the work that produces the information.
Link parallel activities instead of integrating their results.
Organize around outcomes not tasks.
Which of the following forecasting methodologies is considered a qualitative forecasting technique? Simple moving average Market research Exponential smoothing Linear regression Multiple regression
A company wants to generate a forecast for unit demand for year 2014 using exponential smoothing. The actual demand in year 2013 was 120. The forecast demand in year 2013 was 110. Using these data and a smoothing constant alpha of 0.1, which of the following is the resulting year 2014 forecast value? 111 100 114 120 110
Maintaining a stable workforce working at a constant output rate while shortages and surpluses are absorbed by fluctuating inventory levels, order backlogs, and allowing lost sales is which of the following production planning strategies? Full employment Stable workforce, variable work hours Skill maintenance Level Chase
What are two of the main objectives of ERP?
Transaction processing and logistic optimizing
Resource tracking and master schedule planning
Product tracking and customer invoicing
Transaction processing and decision support
If the best operating level of a piece of equipment is at a rate of 400 units per hour and the actual output during an hour is 300 units, which of the following is the capacity cushion? 133 percent 25 percent 100 units per hour 125 percent 75 percent
Under the lot-for-lot (L4L) lot sizing technique as used in MRP, we would expect which of the following? A consistent lag of supply behind demand Minimized carrying costs Minimized setup costs Minimized quality problems A just-in-time management philosophy
A product tree can do which of the following? Help to compute component usage. Reduce product scrap. Reduce regular time labor. Locate raw material supplies. Reduce labor overtime.
Very few products are moved without at least part of their journey being by which mode of transportation? Rail Highway Pipeline Water Air
In Hau Lee's uncertainty framework to classify supply chains, a supply chain for innovative products with an evolving supply process is called which of the following? Responsive Efficient Agile Risk hedging Forward looking
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UOP OPS 571 Week 1 Assignment Flowchart Improvement Process (2 Papers) NEW
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Purpose of Assignment
The purpose of this assignment is for students to learn process flowcharting/improving a process and summarizing the results.
Assignment Steps
Resources: Microsoft® PowerPoint® (or other software such as Vizio, Word, etc.)
Select a complex process from your personal life or work.
Use Microsoft® PowerPoint® or other software including Vizio, Word, etc. to create a flowchart of the as-is process.
Define metrics and measure the current process.
Use process improvement techniques to improve the process.
Use Microsoft® PowerPoint® or other software such as Vizio, Word, etc. to create an improved process flowchart.
Use judgmental forecasting, which is your professional judgement, to ascertain how the future process will perform according to your metrics.
Develop a 525-word executive summary in which you describe your process improvement project (including the as-is process flowchart and the improved process flowchart).
Note: Students and faculty are reminded both Six Sigma readings and Lean Principles introduced in Week 2 are spread throughout the entire course. Students will apply the knowledge from the readings in their Learning Teams throughout the course.
Format your assignment consistent with APA guidelines.
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UOP OPS 571 Week 5 Indivdual Forecasting Assignment (New Syllabus)
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OPS 571 Week 5 Indivdual Forecasting Assignment (New Syllabus)
Purpose of Assignment
The purpose of this assignment is for students to learn how to apply Operations Forecasting.
Assignment Steps
Resources: Microsoft® Excel® (Template provided)
Select a business operations dataset from the internet, which can be used for forecasting what the results may be at a future state (monthly [for two years], quarterly [for five years], annually [for 20 years]. (See example in the Template). Use caution in using the template, as some of the cells contain formatted functions for performing calculations. You should only need to enter data into Column A and B only. Review the template and the associated data. This should give you an idea of the types of data you will require, and what the results columns reveal. You are required to provide an APA formatted reference to the location of the source data (Do Not just enter the Web Link). The returned work from previous week’s work, should give you some insight as to what an APA reference should look like.
Develop a run over a given period, upper limit and lower limit as to confidence in the forecast using Microsoft® Excel®.Template
• Compare and contrast each quadrant of the forecast.
• Evaluate the impact this forecast would have on the firm from a financial metrics standpoint, by writing a 300-word report in which you describe your forecasting project and what it means in terms of favorable or unfavorable forecast and why or why not..
Format your assignment consistent with APA guidelines.
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UOP OPS 571 Week 3 Individual Assignment Lean Techniques (2 Papers) NEW
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Purpose of Assignment
The purpose of this assignment is for students to evaluate the lean techniques applied to business in today’s workforce.
Note: Students and Faculty seeking more information on this assignment can refer to Ch. 14 of the Operations and Supply Chain Management textbook.
Assignment Steps
Select a business you are familiar with which incorporates lean manufacturing or lean supply chains.
Evaluate how this firm uses lean strategies and how much lean techniques has improved the firm’s efficiency.
Evaluate ways the firm can go even further to make improvements using lean techniques.
Use the results you obtained from evaluating this firm to apply to your own business or a business you are interested in which currently does not use lean.
Develop a 1,050-word report in which you describe your lean evaluation project.
Format your assignment consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment
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UOP OPS 571 Week 4 Assignment Operations Consulting (2 PPT) NEW
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Purpose of Assignment
The purpose of this assignment is for students to learn how to develop an operations consulting proposal.
Assignment Steps
Resources: Operations and Supply Chain Management: Ch. 25, Microsoft® PowerPoint®
Choose a business in the media having difficulties with its operating model or one which is struggling in your community.
Evaluate how all or some of the items from the Operations Consulting Tool Kit in Operations and Supply Chain Management could help this business get back on track.
Determine the resources and data you will need to deploy an operations consulting engagement with this business.
Develop a business case including financial benefits on how operations consulting can have a positive impact on the business.
Develop a 10- to 15-slide Microsoft® PowerPoint® presentation of an operations consulting engagement proposal to the Chief Operating Officer (COO) and Chief Executive Officer (CEO) of the target firm.
Format your assignment consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
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UOP OPS 571 Week 6 Signature Assignment (2 Papers) NEW
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OPS 571 Week 6 Signature Assignment (2 Papers) NEW
This Tutorial contains 2 Papers of this Assignment
About Your Signature Assignment
This signature assignment is designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree. The signature assignments may be graded with an automated rubric that allows the University to collect data that can be aggregated across a location or college/school and used for program improvements.
Purpose of Assignment
The purpose of this assignment is for students to demonstrate mastery of operations management concepts and tools.
Assignment Steps
Develop a 700- to 1,050-word memo to a prospective employer outlining your credentials, including: taking this class, all of the projects you have done for this class individually and with your team, and their impact on the businesses you have engaged with so a senior manager reading it would want to hire you as either an operations consultant or permanent employee.
Summarize the business case for each project.
Outline what you specifically accomplished, assuming these projects were implemented, and their estimated impacts on the business.
Utilize the learnings from Week 6 to highlight your skills in global sourcing, procurement, and outsourcing which can also be of benefit to your target firm.
Format your assignment as if you would be giving a presentation to senior management
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