SCMG 232 MIDTERM EXAM 100%
SOLVED.
In an automotive assembly plant, as the car is being built on the production line, it would
be considered what type of inventory? - ANSWERSWIP
Cost of Goods Sold (COGS) is... - ANSWERSThe costs incurred to produce or acquire
items that are then sold as revenue.
When conducting an ABC analysis, the typical percentage of number of items in
inventory that are classified as A item is about: - ANSWERS20
For a farm, seeds and fertilizer can be considered raw materials. - ANSWERSTrue
A red-colored lawn mower and a blue-colored lawn mower will typically be identified
with two distinct SKUs. - ANSWERSTrue
Inventory turn is: - ANSWERSFlow Rate divided by inventory (R / I)
Days of Supply is: - ANSWERSFlow Time (T)
In 2022, XYZ company had COGS of $30 Million and average inventory of $5 Million.
What was the inventory turns of XYZ company in 2022? - ANSWERS6
In the Beet Sugar Production example from class, the harvested beets waiting to have
the dirt and rocks removed, is an example of what inventory classification? -
ANSWERSWIP
In this week's supply chain news article, Dollar General's financial problem was
attributed to excessive ___ because of overbuying due to inaccurate forecasting of
demand. - ANSWERSinventory
Six customers visit Glorioso's Italian Market from 4 pm to 6 pm. The customers spend
18, 20, 11, 25, 14, and 32 minutes in the shop. On average, how many customers are in
the shop from 4 pm - 6 pm? - ANSWERS(18+20+11+25+14+32)/6 = 20
20/60 = 0.33
inventory = 3cust/hours * 0.333 = 1 cust
If a stamping machine takes 15 seconds per part, what is the capacity of the stamping
machine? - ANSWERScap = 1/processing time
1/15 secs * 3600 sec/hour
= 240
, Patients are arriving at a clinic at a rate of two per minute. Each patient's visit consists
of four steps: check in, record vital signs, receive treatment, and check out. A
receptionist takes 2 minutes to check in a patient. A nurse takes 4 minutes to record the
patient's vital signs. A doctor spends 10 minutes with a patient. A staff member takes 4
minutes to check a patient out. What is the process capacity in patients per hour? -
ANSWERSfind capacity of each step (1/processing time)
check in = 1/2
vitals = 1/4
treatment 1/10
check out = 1/4
1/10 * 60 mins/hour
= 6 patients/hour
Consider the example of the three-step airport security. If the first step (verify id) has a
capacity of 200 passengers/hr, the second step (search passenger) has a capacity of
180 passengers/hr, and the third step (x-ray items) has a capacity of 240
passengers/hr, which step is the bottleneck? Assume there are ample passengers. -
ANSWERSstep two - lowest capacity
Consider the example of the three-step airport security. If the first step (verify id) has a
capacity of 200 passengers/hr, the second step (search passenger) has a capacity of
180 passengers/hr, and the third step (x-ray items) has a capacity of 240
passengers/hr, what is the utilization of the third step (x-ray items)? Assume there are
ample passengers - ANSWERS75%
utilization = flow rate/step 3 capacity
180/240 = 75%
The capacity of a process is the minimum capacity of the sub processes. -
ANSWERSTrue
The sub process that constrains the entire process is called the bottleneck. -
ANSWERSTrue
A machine operates with the following production cycle: 30 minutes of setup, 90
minutes of production. While in production, each batch consists of 360 parts. What is
the capacity of the machine in parts per minute? - ANSWERS3
capacity given batch size =
total units/total time
Total Time = 30 minutes + 90 minutes = 120 minutes
Batch size = 360 parts
Capacity (given batch = 360) = = 3
If the batch size and time per unit stay the same, but the setup time decreases, then
capacity will - ANSWERSIncrease
SOLVED.
In an automotive assembly plant, as the car is being built on the production line, it would
be considered what type of inventory? - ANSWERSWIP
Cost of Goods Sold (COGS) is... - ANSWERSThe costs incurred to produce or acquire
items that are then sold as revenue.
When conducting an ABC analysis, the typical percentage of number of items in
inventory that are classified as A item is about: - ANSWERS20
For a farm, seeds and fertilizer can be considered raw materials. - ANSWERSTrue
A red-colored lawn mower and a blue-colored lawn mower will typically be identified
with two distinct SKUs. - ANSWERSTrue
Inventory turn is: - ANSWERSFlow Rate divided by inventory (R / I)
Days of Supply is: - ANSWERSFlow Time (T)
In 2022, XYZ company had COGS of $30 Million and average inventory of $5 Million.
What was the inventory turns of XYZ company in 2022? - ANSWERS6
In the Beet Sugar Production example from class, the harvested beets waiting to have
the dirt and rocks removed, is an example of what inventory classification? -
ANSWERSWIP
In this week's supply chain news article, Dollar General's financial problem was
attributed to excessive ___ because of overbuying due to inaccurate forecasting of
demand. - ANSWERSinventory
Six customers visit Glorioso's Italian Market from 4 pm to 6 pm. The customers spend
18, 20, 11, 25, 14, and 32 minutes in the shop. On average, how many customers are in
the shop from 4 pm - 6 pm? - ANSWERS(18+20+11+25+14+32)/6 = 20
20/60 = 0.33
inventory = 3cust/hours * 0.333 = 1 cust
If a stamping machine takes 15 seconds per part, what is the capacity of the stamping
machine? - ANSWERScap = 1/processing time
1/15 secs * 3600 sec/hour
= 240
, Patients are arriving at a clinic at a rate of two per minute. Each patient's visit consists
of four steps: check in, record vital signs, receive treatment, and check out. A
receptionist takes 2 minutes to check in a patient. A nurse takes 4 minutes to record the
patient's vital signs. A doctor spends 10 minutes with a patient. A staff member takes 4
minutes to check a patient out. What is the process capacity in patients per hour? -
ANSWERSfind capacity of each step (1/processing time)
check in = 1/2
vitals = 1/4
treatment 1/10
check out = 1/4
1/10 * 60 mins/hour
= 6 patients/hour
Consider the example of the three-step airport security. If the first step (verify id) has a
capacity of 200 passengers/hr, the second step (search passenger) has a capacity of
180 passengers/hr, and the third step (x-ray items) has a capacity of 240
passengers/hr, which step is the bottleneck? Assume there are ample passengers. -
ANSWERSstep two - lowest capacity
Consider the example of the three-step airport security. If the first step (verify id) has a
capacity of 200 passengers/hr, the second step (search passenger) has a capacity of
180 passengers/hr, and the third step (x-ray items) has a capacity of 240
passengers/hr, what is the utilization of the third step (x-ray items)? Assume there are
ample passengers - ANSWERS75%
utilization = flow rate/step 3 capacity
180/240 = 75%
The capacity of a process is the minimum capacity of the sub processes. -
ANSWERSTrue
The sub process that constrains the entire process is called the bottleneck. -
ANSWERSTrue
A machine operates with the following production cycle: 30 minutes of setup, 90
minutes of production. While in production, each batch consists of 360 parts. What is
the capacity of the machine in parts per minute? - ANSWERS3
capacity given batch size =
total units/total time
Total Time = 30 minutes + 90 minutes = 120 minutes
Batch size = 360 parts
Capacity (given batch = 360) = = 3
If the batch size and time per unit stay the same, but the setup time decreases, then
capacity will - ANSWERSIncrease
