Accurate Answers
1. The formula (Flow time = Inventory/Throughput rate) is known as
Little's Law
cycle time
process velocity
process leverage
none of the offered choices applies
2. If a company identifies a gap in its supply chain efficiency, which project life
cycle phase should it begin with to address this issue?
Planning
Initiation
Closure
Execution
3. What is the term used to describe the measure of items shipped on time in
inventory management?
stockout frequency
backorder rate
percentage of line items shipped on schedule
inventory turnover ratio
4. Describe the significance of C pk in assessing a manufacturing process.
, C pk indicates how well a process can produce output within
specified limits.
C pk measures the total quality of the product.
C pk assesses the inventory levels in an organization.
C pk evaluates the efficiency of supply chain management.
5. If a manufacturing company implements a control chart and notices an
upward trend in defects over several weeks, what should be their next step?
Increase production speed to meet demand.
Ignore the trend as it may resolve itself.
Investigate the process for potential causes of variation.
Change the product design to reduce complexity.
6. Which of the following is defined as how well a product actually does what it
was designed to do?
Integration
Quality
Total quality management
Innovation
Creativity
7. Which type of aggregate plan is preferable when a company produces
custom or special purpose equipment, one-of-a-kind items, or highly
perishable products?
A chase aggregate plan
A modified sales and operations plan
, A level aggregate plan
A hybrid aggregate plan
8. Name two key factors that influence the decision-making process for
selecting a service location.
Cost of labor and technological advancements
Proximity to customers and availability of resources
Employee satisfaction and marketing strategies
Regulatory compliance and environmental impact
9. Which of the following terms refers to the amount of time it should take a
qualified worker to complete a specified task, working at a sustainable rate,
using given methods, tools and equipment, raw material inputs, and
workplace arrangement?
Real time
Normal time
Observed time
Standard time
10. What does the C pk measure in the context of quality management?
Total quality management
Operational efficiency
Just-in-time systems
Process capability
, 11. What tool is commonly used to determine optimal locations for distribution
centers?
Just-in-time systems
Location analysis
Total quality management
Capacity planning
12. You are a project manager in a manufacturing company and you want to
assess the current quality of your production process. You also want to
check if the process is stable over time or if there are any special causes of
variation. Which of the following tools would be most suitable for this
purpose?
Control chart
Pareto Chart
Test of Normality
Inspection
13. If a company uses location analysis and finds that a new distribution center
should be placed closer to urban areas, what potential benefits might this
decision yield?
Decreased customer satisfaction and reduced sales
Reduced transportation costs and improved delivery times
Higher employee turnover and increased operational costs
Increased inventory holding costs and longer delivery times