MGMT 3320 Final Exam Questions And
Answers 2026
Maintenance - CORRECT ANSWER- the activities involved in keeping a system;s
equipment in working order
breakdown and preventive
Reliability - CORRECT ANSWER- The probability that a machine part or product will
function properly for a specifies time under stated conditions
Rs=R1xR2xR3
How to improve reliability?
Redundancy
Preventive and Breakdown maintenance - CORRECT ANSWER- Preventive-a plan
that involves routine inspections, servicing, and keeping facilities in good repair to
proven failure
Breakdown- remedial maintenance that occurs when equipment fails and must be
repaired on an emergence or priority basis
Infant Mortality - CORRECT ANSWER- the failure rate early in the life of a product
or process
Aggregate plan - CORRECT ANSWER- a plan that includes forecast levels for
families of products of finished goods, inventory, shortages, and changes in the
workforce
Aggregate Planning Strategies - CORRECT ANSWER- managers can meet plans
by adjusting their capacity or demand
what are you set up to accommodate
Demand options - CORRECT ANSWER- Influencing demands
Back ordering during high-demand periods
Counter seasonal product and service mixing
Chase strategy - CORRECT ANSWER- A planning strategy that sets production
equal to forecast demand
Fore some things we do this
Graphical Methods - CORRECT ANSWER- aggregate planing techniques that work
with a few variables a time to allow planners to compare projected demand with existing
capacity
Answers 2026
Maintenance - CORRECT ANSWER- the activities involved in keeping a system;s
equipment in working order
breakdown and preventive
Reliability - CORRECT ANSWER- The probability that a machine part or product will
function properly for a specifies time under stated conditions
Rs=R1xR2xR3
How to improve reliability?
Redundancy
Preventive and Breakdown maintenance - CORRECT ANSWER- Preventive-a plan
that involves routine inspections, servicing, and keeping facilities in good repair to
proven failure
Breakdown- remedial maintenance that occurs when equipment fails and must be
repaired on an emergence or priority basis
Infant Mortality - CORRECT ANSWER- the failure rate early in the life of a product
or process
Aggregate plan - CORRECT ANSWER- a plan that includes forecast levels for
families of products of finished goods, inventory, shortages, and changes in the
workforce
Aggregate Planning Strategies - CORRECT ANSWER- managers can meet plans
by adjusting their capacity or demand
what are you set up to accommodate
Demand options - CORRECT ANSWER- Influencing demands
Back ordering during high-demand periods
Counter seasonal product and service mixing
Chase strategy - CORRECT ANSWER- A planning strategy that sets production
equal to forecast demand
Fore some things we do this
Graphical Methods - CORRECT ANSWER- aggregate planing techniques that work
with a few variables a time to allow planners to compare projected demand with existing
capacity