BADM 275 Midterm 1 Exam Questions
and Answers
Service - ANSWER-__________ process: customer expectation varies, high
consumer contract, no inventory, defective units cannot be replaced
Project - ANSWER-________: output of 1, fully customizable features. Constructing
a building or catering a party
Job Shop - ANSWER-___ ___: produces small customizable batches, things built to
order, artisanship
Batch Manufacturing - ANSWER-______ _____________________: producing
periodic batches of the same product
Assembly Line - ANSWER-____________ ____: production where parts are
assembled in controlled environment and controlled rate
Continuous - ANSWER-_________________: high volume, automated,
standardized production
bottleneck - ANSWER-Capacity of a process is equal to the capacity of the
____________
capacity - ANSWER-If input rate > capacity rate, then the output rate is the
_________ rate
input - ANSWER-If input rate < capacity rate, then the output rate is the ______ rate
variation - ANSWER-Higher _____________ lowers ability to maximize utilization
utilization - ANSWER-When there is more variability, the system is more sensitive to
an increase in capacity _________________
Qualitative - ANSWER-______________ forecast: sales force intelligence, market
research. Subjective, can incorporate expertise, hard to codify
Quantitative - ANSWER-_______________ forecast: numeric forecasts that are
objective, easy to codify, difficult to incorporate expertise
Naïve - ANSWER-______ forecast: using previous period's actual level of demand
Average - ANSWER-__________ forecast: using the mean of all the previous
periods' actual level of demand
and Answers
Service - ANSWER-__________ process: customer expectation varies, high
consumer contract, no inventory, defective units cannot be replaced
Project - ANSWER-________: output of 1, fully customizable features. Constructing
a building or catering a party
Job Shop - ANSWER-___ ___: produces small customizable batches, things built to
order, artisanship
Batch Manufacturing - ANSWER-______ _____________________: producing
periodic batches of the same product
Assembly Line - ANSWER-____________ ____: production where parts are
assembled in controlled environment and controlled rate
Continuous - ANSWER-_________________: high volume, automated,
standardized production
bottleneck - ANSWER-Capacity of a process is equal to the capacity of the
____________
capacity - ANSWER-If input rate > capacity rate, then the output rate is the
_________ rate
input - ANSWER-If input rate < capacity rate, then the output rate is the ______ rate
variation - ANSWER-Higher _____________ lowers ability to maximize utilization
utilization - ANSWER-When there is more variability, the system is more sensitive to
an increase in capacity _________________
Qualitative - ANSWER-______________ forecast: sales force intelligence, market
research. Subjective, can incorporate expertise, hard to codify
Quantitative - ANSWER-_______________ forecast: numeric forecasts that are
objective, easy to codify, difficult to incorporate expertise
Naïve - ANSWER-______ forecast: using previous period's actual level of demand
Average - ANSWER-__________ forecast: using the mean of all the previous
periods' actual level of demand