SCMA 331 PRACTICE EXAMINATION 2026
QUESTIONS WITH ANSWERS GRADED A+
◍ How do firms achieve missions?.
Answer: 1. Differentiation2. Cost leadership3. Response
◍ Experience differentiation.
Answer: To use people's five senses so they become immersed
◍ What are the current challenges in OM?.
Answer: 1. Globalization2. Supply-chain partnering3. Sustainability4. Rapid
product development5. Mass customization6. Lean operations
◍ Strategy.
Answer: An organization's action plan to achieve the mission
◍ Given the following data about monthly demand, what is the approximate
forecast for May using a four month moving average? November =
39December = 36January = 40February = 42March = 48April = 46.
Answer: 44
◍ How do companies objectively evaluate outsource providers?.
Answer: Factor-rating method
◍ A project's critical path is composed of activities A (variance .33), B
(variance .67), C (variance .33), and D (variance .17). What is the standard
deviation on the critical path?.
Answer: 1.22
◍ Knowledge societies.
Answer: Post-industrial society in which much of the labor force has
migrated from manual work to technical and information-processing tasks
requiring ongoing education
, ◍ PERT analysis computes the variance of the total project completion time
as:.
Answer: The sum of the variances of all activities on the critical path.
◍ Given an actual demand of 103, a previous forecast value of 99, and an
alpha of .4, the exponential smoothing forecast for the next period would
be:.
Answer: 100.6
◍ Transnational strategy.
Answer: Move material, people, or ideas across national
boundariesEconomies of scaleCross-cultural learning(High cost reduction,
high local responsiveness)
◍ Forecasts used for new product planning, capital expenditures, facility
location or expansion, and R&D typically utilize a__________.
Answer: long-range time horizon
◍ What are the ethical issues faced in project management?.
Answer: 1. Offers of gifts from contractors2. Pressure to alter status reports
to mask the reality of delays3. False reports for charges of time and
expenses4. Pressures to compromise quality to meet bonuses or avoid
penalties related to schedules
◍ Controlling.
Answer: Monitors resources, costs, quality, and budgets
◍ What is productivity?.
Answer: Outputs / Inputs
◍ Operations Management.
Answer: The set of activities that creates value in the form of goods and
services by transforming inputs into outputs.
◍ True or false: As our society becomes more technologically oriented, we see
increasing specialization.
Answer: True
QUESTIONS WITH ANSWERS GRADED A+
◍ How do firms achieve missions?.
Answer: 1. Differentiation2. Cost leadership3. Response
◍ Experience differentiation.
Answer: To use people's five senses so they become immersed
◍ What are the current challenges in OM?.
Answer: 1. Globalization2. Supply-chain partnering3. Sustainability4. Rapid
product development5. Mass customization6. Lean operations
◍ Strategy.
Answer: An organization's action plan to achieve the mission
◍ Given the following data about monthly demand, what is the approximate
forecast for May using a four month moving average? November =
39December = 36January = 40February = 42March = 48April = 46.
Answer: 44
◍ How do companies objectively evaluate outsource providers?.
Answer: Factor-rating method
◍ A project's critical path is composed of activities A (variance .33), B
(variance .67), C (variance .33), and D (variance .17). What is the standard
deviation on the critical path?.
Answer: 1.22
◍ Knowledge societies.
Answer: Post-industrial society in which much of the labor force has
migrated from manual work to technical and information-processing tasks
requiring ongoing education
, ◍ PERT analysis computes the variance of the total project completion time
as:.
Answer: The sum of the variances of all activities on the critical path.
◍ Given an actual demand of 103, a previous forecast value of 99, and an
alpha of .4, the exponential smoothing forecast for the next period would
be:.
Answer: 100.6
◍ Transnational strategy.
Answer: Move material, people, or ideas across national
boundariesEconomies of scaleCross-cultural learning(High cost reduction,
high local responsiveness)
◍ Forecasts used for new product planning, capital expenditures, facility
location or expansion, and R&D typically utilize a__________.
Answer: long-range time horizon
◍ What are the ethical issues faced in project management?.
Answer: 1. Offers of gifts from contractors2. Pressure to alter status reports
to mask the reality of delays3. False reports for charges of time and
expenses4. Pressures to compromise quality to meet bonuses or avoid
penalties related to schedules
◍ Controlling.
Answer: Monitors resources, costs, quality, and budgets
◍ What is productivity?.
Answer: Outputs / Inputs
◍ Operations Management.
Answer: The set of activities that creates value in the form of goods and
services by transforming inputs into outputs.
◍ True or false: As our society becomes more technologically oriented, we see
increasing specialization.
Answer: True
