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OPMA 3306 Final Exam 2026 Questions and Answers

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OPMA 3306 Final Exam 2026 Questions and Answers

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OPMA 3306 Final Exam 2026 Questions
and Answers
1. In a typical inventory reordering scenario, if the lead Safety Stock
time for delivery of the item increases the will
need to be increased if stockout risk is to remain un-
changed

2. which of the following location considerations tends to Proximity to customers
be more important for service firms than for manufac-
turers

3. if last week a firm had the theoretical capacity to pro- utilization
duce 1000 units and it actually produced 850 units
its was 85%

4. Which of the following statements comparing the Exponential smoothing
weighted moving average technique and exponential typically requires less
smoothing is true: record keeping of past
data.

5. The Carbondale Hospital is considering the purchase 3,775
of a new ambulance. The decision will rest partly on the add years 4-5 and divide
anticipated mileage to be driven next year. The miles by 2
driven during the past 5 years are as follows:

Using a 2-year moving average, the forecast for year
6 = ? miles (round your response to the nearest
wholenumber).

6. John's House of Pancakes uses a weighted moving 25111000+(2200-
average method to forecast pancake sales. It assigns x3)+(3000x5)/9 = 2511
a weight of 5 to the previous month's demand, 3 to
demand two months ago, and 1 to demand three
months ago. If sales amounted to 1000 pancakes in


1/5

, OPMA 3306 Final Exam 2026 Questions
and Answers
May, 2200 pancakes in June, and 3000 pancakes in July,
what should be the forecast for August?

7. Upper and lower control limits for a cutting operation Process is in control
have been formatted as follows:
UCL(x-bar) 38.2
LCL(x-bar) 37.8
UCL(R) 1.2
LCL(R) 0

8. A six-month moving average forecast is generally bet- is rather stable
ter than a three-month moving average forecast if de-
mand:

9. In shop floor management, which of the following All of the above:
items are ordinarily non-value adding activities? queue time, moving, in-
specting, and setup time

10. Very few products are moved without at least part of Highway
their journey being by which mode of transportation?

11. One of the main purposes of a MRP system is which of Develop schedules speci-
the following? fying when each compo-
nent should be ordered or
produced.

12. Which of the following is an input to the master pro- Forecasts of demand from
duction schedule? customers

13. Which of the following is not a production activity re- Bill of materials report
port generated by MRP?

14. Which of the following is not included as an inventory Annualized cost of materi-
holding cost? als
2/5

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