OPMA 3306 Final Exam questions with accurate
answers
A chart that shows both the time and sequence for completing the
activities in a project Ans🗸🗸🗸 Gantt chart
A criterion that differentiates the products of services of one firm from
those of another Ans🗸🗸🗸 order winner
A firm that designs and builds products from scratch according to
customers specifications would have this type of production
environment. Ans🗸🗸🗸 Engineer to order
A firm that makes predesigned products directly to fill customer orders
has this type of production environment Ans🗸🗸🗸 Make to order
A key assumption related to the resources needed to complete activities
when using the critical path method. Ans🗸🗸🗸 Resources are always
available.
A measure calculated by taking the ratio of output to input Ans🗸🗸🗸
Productivity
A point where inventory is positioned to allow the production process to
operate interdependently of the customer order delivery process.
Ans🗸🗸🗸 Customer order decoupling point
,A project structured where a self-contained team works full time on the
project Ans🗸🗸🗸 Pure project or skunkworks
a screening showing the activities that support a company's strategy
Ans🗸🗸🗸 order-qualifier
A strategy that is designed to meet current needs without compromising
the ability of future generations to meet their needs Ans🗸🗸🗸
Sustainable
A strategy where the production rate is set to match expected demand
Ans🗸🗸🗸 chase
ABC Inventory classification Ans🗸🗸🗸 Divides inventory into dollar
volume categories that map into strategies appropriate for the category.
activities that in sequence form the longest chain in a project Ans🗸🗸🗸
critical paths
activity system maps Ans🗸🗸🗸 diagrams that show how a company's
strategy is delivered through a set of supporting activities.
Aggregate operations plan Ans🗸🗸🗸 A plan for labor and production for
the intermediate term with the objective to minimize the cost of
resources needed to meet the demand.
, Assemble to order Ans🗸🗸🗸 A production environment where ore-
assembled components, subassemblies, and modules are put together in
response to a specific customer order.
Assembly line Ans🗸🗸🗸 Area where an item is produced though a fixed
sequence of workstations, designed to achieve a specific production rate.
Available to promise. Ans🗸🗸🗸 a feature of MRP systems that identifies
the difference between the number of units currently included in the in
the master schedule and the actual (firm) customer orders.
Best operating level Ans🗸🗸🗸 The level of capacity for which the
process was designed and the volume of output at which average unit
cost is minimized.
Bill of materials (BOM) Ans🗸🗸🗸 The complete product description,
listing the materials, parts, and components, and also the sequence in
which the product is created.
Capacity Ans🗸🗸🗸 The amount of output that a system is capable of
archiving over a specific period of time.
Capacity utilization rate Ans🗸🗸🗸 measures how close a firm's current
output is to its best operating level.
answers
A chart that shows both the time and sequence for completing the
activities in a project Ans🗸🗸🗸 Gantt chart
A criterion that differentiates the products of services of one firm from
those of another Ans🗸🗸🗸 order winner
A firm that designs and builds products from scratch according to
customers specifications would have this type of production
environment. Ans🗸🗸🗸 Engineer to order
A firm that makes predesigned products directly to fill customer orders
has this type of production environment Ans🗸🗸🗸 Make to order
A key assumption related to the resources needed to complete activities
when using the critical path method. Ans🗸🗸🗸 Resources are always
available.
A measure calculated by taking the ratio of output to input Ans🗸🗸🗸
Productivity
A point where inventory is positioned to allow the production process to
operate interdependently of the customer order delivery process.
Ans🗸🗸🗸 Customer order decoupling point
,A project structured where a self-contained team works full time on the
project Ans🗸🗸🗸 Pure project or skunkworks
a screening showing the activities that support a company's strategy
Ans🗸🗸🗸 order-qualifier
A strategy that is designed to meet current needs without compromising
the ability of future generations to meet their needs Ans🗸🗸🗸
Sustainable
A strategy where the production rate is set to match expected demand
Ans🗸🗸🗸 chase
ABC Inventory classification Ans🗸🗸🗸 Divides inventory into dollar
volume categories that map into strategies appropriate for the category.
activities that in sequence form the longest chain in a project Ans🗸🗸🗸
critical paths
activity system maps Ans🗸🗸🗸 diagrams that show how a company's
strategy is delivered through a set of supporting activities.
Aggregate operations plan Ans🗸🗸🗸 A plan for labor and production for
the intermediate term with the objective to minimize the cost of
resources needed to meet the demand.
, Assemble to order Ans🗸🗸🗸 A production environment where ore-
assembled components, subassemblies, and modules are put together in
response to a specific customer order.
Assembly line Ans🗸🗸🗸 Area where an item is produced though a fixed
sequence of workstations, designed to achieve a specific production rate.
Available to promise. Ans🗸🗸🗸 a feature of MRP systems that identifies
the difference between the number of units currently included in the in
the master schedule and the actual (firm) customer orders.
Best operating level Ans🗸🗸🗸 The level of capacity for which the
process was designed and the volume of output at which average unit
cost is minimized.
Bill of materials (BOM) Ans🗸🗸🗸 The complete product description,
listing the materials, parts, and components, and also the sequence in
which the product is created.
Capacity Ans🗸🗸🗸 The amount of output that a system is capable of
archiving over a specific period of time.
Capacity utilization rate Ans🗸🗸🗸 measures how close a firm's current
output is to its best operating level.
