OPMA 3306 Test 1-UTA questions with accurate
answers
activity-system Ans🗸🗸🗸 A diagram that shows how a company's
strategy is delivered to customers
Additive Seasonal Variation Ans🗸🗸🗸 season amount is constant
*Trend+Seasonal
alpha Ans🗸🗸🗸 depends upon how much random variation is present
Average inventory Ans🗸🗸🗸 expected amount of inventory over time
Capacity Ans🗸🗸🗸 the ability to hold, receive, store, or accommodate
-as the amount of output that a system is capable of achieving over a
specific period of time
Capacity management Ans🗸🗸🗸 needs to consider both inputs and
outputs
competitive dimensions Ans🗸🗸🗸 1. cost/price,
2. quality
3. delivery speed,
, 4. deliver reliability,
5. Coping with changes in demand,
6. flexibility and new-product intro speed,
7. other product-specific criteria
competitive dimensions that form the competitive position Ans🗸🗸🗸
cost (or price).
Components of Demand Ans🗸🗸🗸 1. average demand for a period of
time
2. trend
3. seasonal element
4. cyclical elements
5. random variation
6. autocorrelation
Decoupling points Ans🗸🗸🗸 occur when inventory is positioned in the
supply chain to allow one operation to act independently of another
delta Ans🗸🗸🗸 depends upon how steady the trend is
Disruption risks Ans🗸🗸🗸 caused by natural or manmade disasters
answers
activity-system Ans🗸🗸🗸 A diagram that shows how a company's
strategy is delivered to customers
Additive Seasonal Variation Ans🗸🗸🗸 season amount is constant
*Trend+Seasonal
alpha Ans🗸🗸🗸 depends upon how much random variation is present
Average inventory Ans🗸🗸🗸 expected amount of inventory over time
Capacity Ans🗸🗸🗸 the ability to hold, receive, store, or accommodate
-as the amount of output that a system is capable of achieving over a
specific period of time
Capacity management Ans🗸🗸🗸 needs to consider both inputs and
outputs
competitive dimensions Ans🗸🗸🗸 1. cost/price,
2. quality
3. delivery speed,
, 4. deliver reliability,
5. Coping with changes in demand,
6. flexibility and new-product intro speed,
7. other product-specific criteria
competitive dimensions that form the competitive position Ans🗸🗸🗸
cost (or price).
Components of Demand Ans🗸🗸🗸 1. average demand for a period of
time
2. trend
3. seasonal element
4. cyclical elements
5. random variation
6. autocorrelation
Decoupling points Ans🗸🗸🗸 occur when inventory is positioned in the
supply chain to allow one operation to act independently of another
delta Ans🗸🗸🗸 depends upon how steady the trend is
Disruption risks Ans🗸🗸🗸 caused by natural or manmade disasters
