POM Exam 2 Questions with Complete
Solutions13
Production Requirement Formula - ANSWERS -Demand Forecast + (demand forecast x Required
safety stock in decimals ex. 20% = 0.20) - beginning inventory
The objective of the Aggregate Operations Plan is to insure that the marketing and sales plan
are realistic - ANSWERS -False
The main purpose of the aggregate operations planning is to specify the optimal combination of
which of the following? - ANSWERS -Workforce levels and inventory on hand
Which of the following methods discussed in the text requires generating several alternative
aggregate plans? - ANSWERS -Cut and Try
Aggregate Planning Techniques is developed from the master schedule and the strategic
capacity plan. - ANSWERS -False
The critical path of activities in a project is the sequence of activities that form the shortest
chain in a project network of activities. - ANSWERS -False
You know when you have arrived at the optional solution in using the Time_Cost CPM
Scheduling model analysis when what happens? - ANSWERS -You have reached minimum total
cost
Project management software available today combines CPM and other scheduling aids, like
Gantt charting, to aid in tracking progress of project completion. - ANSWERS -True
, A project may be designed as a series of related jobs directed toward some major output and
requiring a significant period of time to perform - ANSWERS -True
A simple project listing of five activities and their respective time estimates are presented below
Activity - Immediate Predecessor - Time in Days
A - none - 1
B-A-2
C --------A--------------------------1
D --------B&C-----------------------3
E -----------------D-----------------2 - ANSWERS -A,B,D,E
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? - ANSWERS -Pure Project
PERT is an abbreviation for which of the following methodologies? - ANSWERS -Program
Evaluation and Review Technique
Check out Time Cost CPM Scheduling Model Analysis in Book - ANSWERS -I'll add the page
number later but should be chapter 5
The major goal of critical path analysis is to - ANSWERS -To determine when each activity in the
project should be scheduled
Earned Value Managament (EVM) has the capability to continue measurements of scope,
schedule, and cost in a project. - ANSWERS -True
Solutions13
Production Requirement Formula - ANSWERS -Demand Forecast + (demand forecast x Required
safety stock in decimals ex. 20% = 0.20) - beginning inventory
The objective of the Aggregate Operations Plan is to insure that the marketing and sales plan
are realistic - ANSWERS -False
The main purpose of the aggregate operations planning is to specify the optimal combination of
which of the following? - ANSWERS -Workforce levels and inventory on hand
Which of the following methods discussed in the text requires generating several alternative
aggregate plans? - ANSWERS -Cut and Try
Aggregate Planning Techniques is developed from the master schedule and the strategic
capacity plan. - ANSWERS -False
The critical path of activities in a project is the sequence of activities that form the shortest
chain in a project network of activities. - ANSWERS -False
You know when you have arrived at the optional solution in using the Time_Cost CPM
Scheduling model analysis when what happens? - ANSWERS -You have reached minimum total
cost
Project management software available today combines CPM and other scheduling aids, like
Gantt charting, to aid in tracking progress of project completion. - ANSWERS -True
, A project may be designed as a series of related jobs directed toward some major output and
requiring a significant period of time to perform - ANSWERS -True
A simple project listing of five activities and their respective time estimates are presented below
Activity - Immediate Predecessor - Time in Days
A - none - 1
B-A-2
C --------A--------------------------1
D --------B&C-----------------------3
E -----------------D-----------------2 - ANSWERS -A,B,D,E
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? - ANSWERS -Pure Project
PERT is an abbreviation for which of the following methodologies? - ANSWERS -Program
Evaluation and Review Technique
Check out Time Cost CPM Scheduling Model Analysis in Book - ANSWERS -I'll add the page
number later but should be chapter 5
The major goal of critical path analysis is to - ANSWERS -To determine when each activity in the
project should be scheduled
Earned Value Managament (EVM) has the capability to continue measurements of scope,
schedule, and cost in a project. - ANSWERS -True
