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ISDS 3115 EXAM 3 QUESTIONS WITH VERIFIED ANSWERS

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ISDS 3115 EXAM 3 QUESTIONS WITH VERIFIED ANSWERS

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ISDS 3115 EXAM 3 QUESTIONS WITH VERIFIED
ANSWERS


Correct 118

Incorrect 00




1 of 118

Term



Which of the following is not a strategy for improving service
productivity?


Mass customization


Automation


Scheduling



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professional service mass customization




mass service MRP

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2 of 118

Term


A production facility is trying to determine the best batch size for an
item that is produced intermittently. This item has an annual demand of
1,000 units, an annual carrying cost of $10 per unit, and a setup cost of
$400. They operate 50 weeks per year, and can produce 40 units per
week. What is the best batch size for this item?


400
283
800



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400 one




A schedule that shows total demand
for an item, when it must be ordered
modular
from a supplier, or when production
must start.


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3 of 118

,Term



Why is safety stock used in probabilistic models for inventory control?
A.
Uncertain demand raises the possibility of a stockout.
B.
Reorder point calculations cannot address shortages.
C.
Companies are unable to predict service levels.
D.
Possible price increases require companies to buy early.


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to minimize the sum of setup cost and strike a balance between inventory
handling cost investment and customer service.



Uncertain demand raises the
Material requirements planning (MRP)
possibility of a stockout.


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4 of 118

Term


Which of the following best describes a gross material requirements
plan?


A schedule that shows total demand for an item, when it must be

, ordered from a supplier, or when production must start.


A schedule showing which products are to be manufactured and in
what quantities.


An intermediate-range plan for the scheduling of families of products.


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A schedule that shows total
demand for an item, when it
bar coded data must be ordered from a
supplier, or when production
must start.




Effective process redesign works
only if the basic process and its mass customization
objectives are reexamined.


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5 of 118

Term



Which of the quadrants in the service process matrix has low labor
intensity and low customization?
A.
service shop
B.
professional service

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