Matching Supply with Demand - An Introduction to Operations Management Test Questions Fully
Solved Latest 2025
Activity Times - Answers The process steps and their durations.
Critical Path - Answers Composed of all those activities that - if delayed - would lead to a delay in the
overall completion time of the project, or - in this case - the time the patient has completed his or her
stay in the radiology unit.
Resources - Answers Labor and capital
Flow Unit - Answers The type of product or service the supply process is dealing with.
Inventory - Answers The number of flow units contained within the process.
Work-in-Process (WIP) - Answers Inventory in a production setting.
Flow Time - Answers The time it takes a flow unit to get through the process.
Flow Rate (Throughput Rate) - Answers The rate at which the process is delivering output.
Capacity - Answers The maximum rate at which the process can generate supply.
Capacity-Constrained - Answers There is sufficient demand that you could sell any additional output you
make.
Little's Law - Answers Average Inventory = Average Flow Rate X Average Flow Time
Inventory Turns - Answers How often a company is able to turn over its inventory.
Pipeline Inventory - Answers The minimum amount of inventory that is required to operate the process.
Cycle Inventory - Answers The inventory that results from receiving (producing) several flow units in one
order (batch) that are then used over a time period of no further inflow of flow units.
Inventory, Flow Time, Flow Rate - Answers The three fundamental performance measures of a process.
Process Capacity - Answers The maximum flow rate that can be achieved in the process.
Process Flow Diagram - Answers Maps resources and inventory and shows graphically how the flow unit
travels through the process in its transformation from input to output.
Bottleneck - Answers The resource with the lowest capacity in the process.
Demand-Constrained - Answers A process for which the flow rate is limited by demand.
Supply-Constrained - Answers A process for which the flow rate is limited by either capacity or the
availability of input.
Solved Latest 2025
Activity Times - Answers The process steps and their durations.
Critical Path - Answers Composed of all those activities that - if delayed - would lead to a delay in the
overall completion time of the project, or - in this case - the time the patient has completed his or her
stay in the radiology unit.
Resources - Answers Labor and capital
Flow Unit - Answers The type of product or service the supply process is dealing with.
Inventory - Answers The number of flow units contained within the process.
Work-in-Process (WIP) - Answers Inventory in a production setting.
Flow Time - Answers The time it takes a flow unit to get through the process.
Flow Rate (Throughput Rate) - Answers The rate at which the process is delivering output.
Capacity - Answers The maximum rate at which the process can generate supply.
Capacity-Constrained - Answers There is sufficient demand that you could sell any additional output you
make.
Little's Law - Answers Average Inventory = Average Flow Rate X Average Flow Time
Inventory Turns - Answers How often a company is able to turn over its inventory.
Pipeline Inventory - Answers The minimum amount of inventory that is required to operate the process.
Cycle Inventory - Answers The inventory that results from receiving (producing) several flow units in one
order (batch) that are then used over a time period of no further inflow of flow units.
Inventory, Flow Time, Flow Rate - Answers The three fundamental performance measures of a process.
Process Capacity - Answers The maximum flow rate that can be achieved in the process.
Process Flow Diagram - Answers Maps resources and inventory and shows graphically how the flow unit
travels through the process in its transformation from input to output.
Bottleneck - Answers The resource with the lowest capacity in the process.
Demand-Constrained - Answers A process for which the flow rate is limited by demand.
Supply-Constrained - Answers A process for which the flow rate is limited by either capacity or the
availability of input.
