OSC Exam 2 Questions With Complete Solutions
A network diagram is used to show what? Correct Answers
Precedence relationships
A technique that offers customers incentives to shape their
demand patterns refers to: Correct Answers Yield management
According to the PMI, the body of knowledge of project
management can be divided into five categories: Correct
Answers 1: Initiation, 2: Planning, 3: Execution, 4: Control, 5:
Closure
Action Notice: Correct Answers A notice that is generated
when an order needs to be released or placed or when the
quantity or timing of an order needs to be changed.
Activity: Correct Answers The smallest work package that can
be assigned to a single worker on a team.
Basic Tenets of TQM Correct Answers 1: Strong Leadership, 2:
Customer Driven, 3: Process focus and continuous
improvement, 4: Short term projects and long term cultural
change, 5: People focus
Bill of Materials (BOM) Correct Answers A document that
specifies all assemblies, sub assemblies, parts, and raw materials
required to produce one unit of the finished product.
Critical activities Correct Answers Activities on the critical path
, Critical Path Correct Answers The path that takes the longest
Customer Relationship Management (CRM) Correct Answers
A system of planning and control activities and information
systems that link an organization with its downstream
customers.
DMAIC Correct Answers Define, Measure, Analyze, Improve,
Control
Enterprise Resource Planning (ERP) Correct Answers A system
that provides a complete linkage of all functional areas of a
business.
Failure Rate formula: Correct Answers Number of failures/total
unit hours tested
Fixed Order Quantity (FOQ): Correct Answers A lot size rule
with a constant order size where the same quantity is ordered
every time.
Gantt Chart Correct Answers A special type of horizontal bar
chart used to display the schedule for an entire project.
General risk categories for project management: Correct
Answers Quality risk, Human Resources Risk, Supply Risk,
Financial Resource Risk
Gross Requirements: Correct Answers The total number of
units of a part or material derived from all parent production
plans
A network diagram is used to show what? Correct Answers
Precedence relationships
A technique that offers customers incentives to shape their
demand patterns refers to: Correct Answers Yield management
According to the PMI, the body of knowledge of project
management can be divided into five categories: Correct
Answers 1: Initiation, 2: Planning, 3: Execution, 4: Control, 5:
Closure
Action Notice: Correct Answers A notice that is generated
when an order needs to be released or placed or when the
quantity or timing of an order needs to be changed.
Activity: Correct Answers The smallest work package that can
be assigned to a single worker on a team.
Basic Tenets of TQM Correct Answers 1: Strong Leadership, 2:
Customer Driven, 3: Process focus and continuous
improvement, 4: Short term projects and long term cultural
change, 5: People focus
Bill of Materials (BOM) Correct Answers A document that
specifies all assemblies, sub assemblies, parts, and raw materials
required to produce one unit of the finished product.
Critical activities Correct Answers Activities on the critical path
, Critical Path Correct Answers The path that takes the longest
Customer Relationship Management (CRM) Correct Answers
A system of planning and control activities and information
systems that link an organization with its downstream
customers.
DMAIC Correct Answers Define, Measure, Analyze, Improve,
Control
Enterprise Resource Planning (ERP) Correct Answers A system
that provides a complete linkage of all functional areas of a
business.
Failure Rate formula: Correct Answers Number of failures/total
unit hours tested
Fixed Order Quantity (FOQ): Correct Answers A lot size rule
with a constant order size where the same quantity is ordered
every time.
Gantt Chart Correct Answers A special type of horizontal bar
chart used to display the schedule for an entire project.
General risk categories for project management: Correct
Answers Quality risk, Human Resources Risk, Supply Risk,
Financial Resource Risk
Gross Requirements: Correct Answers The total number of
units of a part or material derived from all parent production
plans
