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OPSM 3830 EXAM 1 | 109 QUESTIONS | WITH COMPLETE SOLUTIONS.

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OPSM 3830 EXAM 1 | 109 QUESTIONS | WITH COMPLETE SOLUTIONS.

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OPSM 3830 EXAM 1 | 109 QUESTIONS |
WITH COMPLETE SOLUTIONS.




1 of
109
Ter
m

What are an organizations goals
based on


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later!



Frederick W. Taylor 1.4 minutes




Its mission It increases product variety


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know?

, 2 of 109

Term


Using the following series arrangement of a system, determine the
overall state reliability(round the answer)
.83->.92->.96



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It increases product variety .9516(Review formula)



Actual output/effective capacity
.733(review for 30/50=.6*100
formula) 60%


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3 of 109

Term


Factors that influence process selection



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If the output rate is more than A system for linking a broad
the optimal level, increasing range of manufacturing
the output rate results in activities through an integrating
increasing average unit costs computer system

, 1. how much variety will
the process need to be A group of machines designed
able to handle? to handle intermittent
2. how much volume will processing requirements and
the process need to be produce a variety of similar
able to handle? products


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4 of 109

Term


Indifference point



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The sum, in the current value, The volume of output at
of all future cash flows of an which total cost and total
investment proposal revenue are equal



The quality that would The maximum designed service
make two alternatives capacity or output rate
equivalent


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5 of 109

Definition


II and IV

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Viewing decisions in the context of the "big picture" is a key element of this
approach.




In general, the relative level of work-in-process inventory is______for a process
layout, and______for a product layout.




The term "voice of the customer" is associated with:




The key questions in the process selection task are: (I) How will the
product/service be priced? (II) How much variety will be imposed on the
process? (III) What is the target market for the product/service? (IV) At
what volume will the process need to operate?


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6 of 109

Term


A company needs to locate three departments (X, Y, and Z) in the
three areas (I, II, and III) of a new facility. They want to minimize
interdepartmental transportation costs, which are expected to be
$.50 per load per meter moved. An analyst has prepared the
following distances and flow matrices:
Distances (meters)
From/To
I II
III
I

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