DSC2006 Unofficial Mid-Term Mock Test Essay

DSC2006 Unofficial Mid-Term Mock raise2010/11 Semester 2Select the best answer1. Business organizations lie down of three major snuff its which, ide on the wholey a) support one an otherwiseb) argon mutually exclusivec) exist independently of separately otherd) function independently of distributively othere) do not interface with each other2. Revenue management is concerned witha) a process designed to determine the best use of funds generated through sales. b) the use of marketplaceing tools to increase revenue.c) the use of counting tools to monitor cash flow.d) the use of expense to increase the profit generated from a limited supply of supply train assets.e) the appropriate use of operational tools to improve operational efficiency with a view to increasing revenue.3. In stray to make dissimilarial determine effective, which of the following issues be to be dealt with?a) The unattackable must(prenominal) differentiate between the market subdivisions and structu re its pricing to make one segment invent to a greater extent than the other.b) The family must control inquire such that the pass up paying segment does not utilize the entire availability of the asset.c) The firm must secure enough capacity to meet demand from each segment. d) The firm should structure pricing according to different market segments and to a fault control demand in such a modal tax that the inflict segment does not utilize the entire availability of the asset.e) The firm must secure enough capacity to meet demand of each segment and also control demand in such a way that the lower segment does not utilize the entire availability of the asset.4. In range to differentiate between different market segments, the firm must a) negotiate separately with different market segments that apprise result or process attributes differently.b) motion barriers by identifying growth or service attributes that the segments look upon differently.c) develop pricing structu res based on the volume of various harvesting or service attributes.d) eliminate barriers that identify product or service attributes that the segments shelter differently.e) create barriers by identifying product or service attributes that the segments value differently and also negotiate separately with different market segments.5. down the stairs which of the following condition(s) is the concept of revenue management is applicable?a) Capacity is perishable.b) The akin whole of capacity stand be used to deliver product or service to different submarkets having their own demand curves with different scathe snap fastener. c) Using appropriate booking rules, a firm behind create a deal among the relevant submarkets.d) Capacity is perishable, the same capacity can be used to different submarkets having their own demand curves with different price elasticity and also the firm can create a fence among the relevant submarkets.e) Capacity is perishable and the same capacity can be used to different submarkets having their own demand curves with different price elasticity 6. Throughput time cannot be reduced in a process bya) Reducing the utilization of bottleneck equipmentb) Performing activities using a resultant approachc) Changing the sequence of activitiesd) Reducing interruptionse) All of the above atomic number 18 ways by which throughput time can be reduced 7. fit in to Littles Law, which of the following ratios is used to find throughput time?a) wheel virtually time/ suffice timeb) Throughput time/Process fastnessc) Process velocity/Throughput timed) Work-in-Process/Throughput ratee) Value affixed time/Process velocity8. A firm can participate in the quantity push away illustrated below when purchasing a product. It cost $20 to place an devote each time. The holding cost rate is 20%. The annual demand for the product is 10,000 units. Lead time for the product is 1 month. Quantity520 bell$12$10$9What is the minimum total cost that this firm can purchase and strain this item magic spell facing a quantity discount?a) 90,468b) 90,853c) 90,894d) century,000e) light speed,8949. Which of the following determines the capacity of a production fold? a) the takt timeb) the throughput timec) the theoretical minimum number of report displaced) the efficiency10. Which of the following grammatical cases of manufacturing layout is considered a hybrid? a) Process layoutb) output layoutc) Fixed- line layoutd) cellular layout11. Compute the essential cycle time for a process that operates 8 hours dailywith a inevitable output of 300 units per day.a) 0.625 legal proceedingb) 1.6 proceedingc) 37.5 minutesd) 0.027 minutes12. Which of the following is NOT a mark of a good layout in manufacturing? a) Straight line flow patter (or adaption)b) inevitable production linec) Bottleneck trading trading operationsd) Work stations shut up togethere) Open plant floors ( risque visibility)13. Revenue management is not oddly useful whe rea) Capacity is relatively fixedb) The market can be fairly clearly segmentedc) The service cannot be sold in advanced) The service/product can be stored14. Which is the correct order for process types starting with low volume/high flesh and lamentable to high volume/low variety?a) Batch processes, put up processes, hire out knock off processes, sight processes, continuous processesb) sick processes, batch processes, mass processes, commercial enterprise betray processes, continuous processesc) Project processes, chisel fink processes, batch processes, mass processes, continuous processesd) Job shop processes, batch processes, mass processes, continuous processes, project processes15. Which is the correct sequence in order of increasing process flexibility? a) Job shop / batch / project / continuous / productb) Project / job shop/ batch / continuous / productc) Job shop/ batch / project / product / continuousd) Project / job shop/ batch / product / continuouse) Continuo us / product / batch / job shop/ project16. Which of these statements is correct?The Economic Order Quantity (EOQ)a) Is a formula that calculates a realistic purchase price for an item b) go out depend on how many related move are required in the same periodc) Is used to calculate how much precaution stock should be carried d) Determines the lowest order quantity by rapprochement the cost of edict against the cost of holding stocke) Should be careful once a year17. Under the first principle system of armory priorities a Class A item is a) The 80% of high-value items that account for around 20% the total stock turnover rate valueb) The 20% of high-value items that account for around 20% the total stock turnover valuec) The 20% of high-value items that account for around 80% the total stock turnover valued) The 80% of high-value items that account for around 80% the total stock turnover value18. The layout where the equipment, machinery, plant and people function as necessary is cognize asa) Product layoutb) Fixed-position layoutc) Cell layoutd) Process layout19. A supermarket is usually positioned asa) Cell layoutb) Process layoutc) Fixed-position layoutd) Product layout20. A self-service cafeteria is usually positioned asa) Cell layoutb) Product layoutc) Fixed-position layoutd) Process layout21. Which of the following is usually considered a property of a product or line layout?a) This layout can payoffously regale high volume but low variety b) This layout tends to be very flexiblec) Transforming resources are costly to maintaind) This layout can easily cover up high variety but low volume e) Transforming resources move to the work22. A product layouta) Groups transforming resources into dedicated cellsb) Involves locating the transforming resources entirely for the convenience of the modify resourcesc) Is appropriate for low volume operationsd) Allows a wide variety of products to be manufactured on the same equipment e) Moves resources to the place where the operation is to be carried out23. Cell layouts typicallya) Locate transforming resources entirely for the convenience of the transform resourcesb) Cost more to run than other types of process layoutc) Involve all the operations on a product being located bordering to each other d) Are dominated by the transforming resourcese) Are the most efficient form of process layout24. Which of the following is the least belike close to be made by Operations Managers?a) Designing and improving the jobs of the handsb) Selecting the location and layout of a facilityc) How much capacity is required to agreement demandd) How to use quality techniques to reduce wastee) Deciding which market areas to manufacture products for25. Which of the following would not normally be considered a global characteristic of a service?a) Many go involve both tangible and intangible outputs b) toil and consumption are simultaneousc) Production and consumption can always be spatially separated d) embarrassed radio link services can often be made more efficient than high contact servicese) Production and sales cannot easily be separated functionally26. Which of the following is not usually considered a characteristic of a fixed position layout?a) Fixed position layouts are often used for large or delicate products or services b) Transforming resources are grouped in cellsc) The recipient of the process or the work being undertaken remain in the same placed) Fixed position layouts are able to offer high flexibility e) Transforming resources often move to the work27. Operations management isa) decision make involving the design, planning, and control of the processes that beat goods and services.b) decision making involving accounting, engineering, marketing, and strategy formulation that affect operations.c) decision making involving operations productivity and the reliability, durability, and manufacturability of products.d) decision making involving analyzing the com petitive environment, appraising the organizations skills and resources, and examining the limitations of economic science and technology on operations.28. Inputs to the transformation process of operations include a) Labour, capital, management, and material.b) Product design, materials planning, production planning, and product distribution.c) Strategic planning, marketing, engineering, and purchasing d) Steel, plastics, fibres, food crops, or other raw materials. 29. Some characteristics of services that differentiate them from goods (manufactured products) area) intangible, immediate consumption, high customer contactb) muniment, immediate consumption, options availablec) delayed consumption, intangible, customer contactd) immediate consumption, options available, inventory30. The concept of value-added meansa) the customer must add value to a product by paying for it b) machines add value to the production process because of their low cost c) only service operations add value for the customerd) outputs of a process are worthy more to customers than the sum of inputs31. Computer-integrated manufacturing (CIM) differs from a flexible manufacturing system (FMS) in thata) CIM usually includes one or more FMSs as components.b) An FMS does not use computers at all.c) CIM is only one component of an FMS.d) CIM is concerned only with data while FMS involves production processes. 32. A high society is planning to produce a product that will compete in a high-volume market that is very price-competitive. What type of process would be most appropriate?a) projectb) job shopc) batchd) continuous33. Which of the following is NOT a characteristic of a product layout? a) standard product.b) high volume production.c) same sequence of operations for each unit.d) each order may require a rum sequence of operations.34. The desired production rate for an assembly line is cxx units-per hour. What would be the cycle time?a) 30 seconds per unitb) 40 seconds per unitc) 0083 minutes per unitd) 2 minutes per unit35. Which of the following is an advantage of a cellular layout? a) higher volume than an assembly line.b) greater f1exibility than a job shop.c) reduced material handling.d) use of more employees.36. A company has a set of tasks that must be completed to assemble a product. The total time for these tasks is 96 minutes. The cycle time is 3 minutes and the company has found that 40 work stations are required to balance the line. What is the efficiency (or utilization) for this assemblyline?a) 95%b) 90%c) 85%d) 80%37. Which of the following IS NOT a use of inventory?a) buffer zone against un authoritativelyb) Allow for large variations in productionc) Decouple different processesd) Allow for smooth production38. A retailer stocks a certain product that is sold at the rate of 10,000 units per year. Each replenishment order from the outside supplier be $50. The price is $40 per unit and inventory carrying cost per year is 10% of unit price, how ma ny units should be ordered each time to minimize total annual cost?a) 100b) 250c) 500d) 1,00039. Referring to the preceding problem, suppose the supplier requires that orders be placed for 2,000 units at a time. What would be the total annual variable cost of ordering and carrying inventory?a) $ 2,000b) $ 2,500c) $ 4,250d) $ 8,00040. A certain item is subject to quantity discounts as shown below Quantity Price1 4950 999 honey oil or morePurchased Per Unit$ 2.50$ 2.00$ 1.80If 1,000 units are used per year and it costs $450 to place an order due to high shipping costs, how many should be ordered at a time to minimize variable costs if carrying cost per unit per year is 50% of unit value?a) molar concentrationb) 500c) 100d) 5041. A company has 100 inventory items with total annual dollar usage of $3,000,000. Which of the following is most likely a C Inventory Item based on ABC analysis?a)b)c)d)Part 1078236512877864Annual $ Usage$500,000$250,000$52,000$1,00042. A company manufacture s desex parts. These parts are used at the rate of5,000 units per year. It costs $100 every time more are produced. The cost of holding these parts in inventory is 20% of unit price, which is $25 per unit. The parts can be produced at the rate of 6,250 per year. How many units should be produced at a time to minimize total annual cost?a) 500b) special Kc) 1500d) 2000