DSC2006 Unofficial Mid-Term Mock Test Essay

DSC2006 Unofficial Mid-Term Mock Test2010/11 Semester 2 submit the best answer1. Business organizations consist of three major functions which, ideally a) support one some otherb) argon mutually exclusivec) exist independently of all(prenominal) otherd) function independently of distributively othere) do not interface with each other2. Revenue management is concerned witha) a process designed to determine the best engage of funds gene rolld through sales. b) the use of marketing tools to make up revenue.c) the use of marking tools to monitor cash f deplorable.d) the use of pricing to increase the profit generated from a limited supply of supply chain assets.e) the appropriate use of operational tools to improve operational talent with a view to increasing revenue.3. In frame to make antitheticalial pricing effective, which of the pas duration issues are to be dealt with?a) The star sign must(prenominal) differentiate between the market shares and structure its pricing t o make one division pay more than the other.b) The smashed must delay demand such that the lower paying element does not utilize the completed availability of the asset.c) The firm must secure enough capacity to occupy demand from each segment. d) The firm should structure pricing according to different market segments and also control demand in such a way that the lower 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 order to differentiate between different market segments, the firm must a) negotiate individually with different market segments that tax intersection point or service attributes differently.b) produce barriers by identifying yield or service attributes that the segments care for differently.c) develop pricing structures based on the stack of various in tersection point or service attributes.d) eliminate barriers that identify product or service attributes that the segments value differently.e) fix barriers by identifying product or service attributes that the segments value differently and also negotiate separately with different market segments.5. Under which of the chase condition(s) is the concept of revenue management is applicable?a) Capacity is perishable.b) The alike unit of capacity john be employ to deliver product or service to different submarkets having their own demand curves with different price elasticity. c) Using appropriate booking rules, a firm can create a fence among the relevant submarkets.d) Capacity is perishable, the same capacity can be utilise 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 dema nd curves with different price elasticity 6. Throughput clipping cannot be reduced in a process bya) Reducing the utilization of bottleneck equipmentb) Performing activities using a serial publication approachc) Changing the sequence of activitiesd) Reducing interruptionse) All of the above are ways by which throughput sequence can be reduced 7. According to Littles Law, which of the side by side(p) ratios is used to find throughput magic spell?a) Cycle time/Process timeb) Throughput time/Process velocityc) Process velocity/Throughput timed) Work-in-Process/Throughput ratee) Value added time/Process velocity8. A firm can participate in the quantity discount illustrated below when purchasing a product. It make ups $20 to rest home an order each time. The attribute cost rate is 20%. The yearbook demand for the product is 10,000 units. Lead time for the product is 1 month. Quantity520 personify$12$10$9What is the minimum total cost that this firm can purchase and archive this item while facing a quantity discount?a) 90,468b) 90,853c) 90,894d) 100,000e) 100,8949. Which of the following determines the capacity of a production line? a) the takt timeb) the throughput timec) the theoretical minimum number of execution stationsd) the efficiency10. Which of the following types of manufacturing layout is considered a hybrid? a) Process layoutb) harvest-time layoutc) Fixed-position layoutd) carrelular layout11. Compute the necessary cycle time for a process that operates 8 hours dailywith a unavoidable output of ccc units per day.a) 0.625 proceedingb) 1.6 minutesc) 37.5 minutesd) 0.027 minutes12. Which of the following is NOT a mark of a technical layout in manufacturing? a) Straight line flow patter (or adaption)b) Predictable production linec) Bottleneck trading operationsd) Work stations close togethere) Open plant floors (high visibility)13. Revenue management is not oddly useful wherea) Capacity is relatively mendb) The market can be fairly clearly separatec) The service cannot be sold in advanced) The service/product can be stored14. Which is the countersink order for process types starting with low ledger/high variety and moving to high volume/low variety?a) Batch processes, project processes, clientele shop processes, mass processes, dogging processesb) reckon processes, smokestack processes, mass processes, job shop processes, continuous processesc) Project processes, job shop processes, portion 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 flexibleness? 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) Continuous / product / batch / job shop/ project16. Which of these statements is correct?The Econom ic Order Quantity (EOQ)a) Is a formula that calculates a realistic purchase price for an item b)Will depend on how many related assume are selectd in the same periodc) Is used to calculate how much safety profligate should be carried d) Determines the lowest order quantity by balancing the cost of ordering against the cost of holding buy ine) Should be calculated once a year17. Under the ABC system of chronicle priorities a Class A item is a) The 80% of high-value items that account for around 20% the total stock turnover 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 move as necessary is known asa) Product layoutb) Fixed-position layoutc) Cell layoutd) Process layout19. A supermarket is usual ly 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 characteristic of a product or line layout?a) This layout can tardily call high volume but low variety b) This layout tends to be very flexiblec) Transforming resources are costly to maintaind) This layout can easily handle 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 transformed resourcesc) Is appropriate for low volume operationsd) surrenders a wide variety of products to be manufactured on the same equipment e) Moves resources to the move where the operation is to be carried out23. Cell layouts typicallya) Locate transforming resources e ntirely for the convenience of the transformed resourcesb) Cost more to run than other types of process layoutc) Involve all the operations on a product being located adjacent to each other d) Are dominated by the transforming resourcese) Are the more or less efficient form of process layout24. Which of the following is the least likely conclusion to be made by Operations Managers?a) Designing and improving the jobs of the workforceb) Selecting the location and layout of a facilityc) How much capacity is required to balance 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 general characteristic of a service?a) Many run involve both tangible and intangible outputs b) Production and inlet are simultaneousc) Production and consumption can always be spatially separated d) Low contact run can often be made more efficient than high contact servicese) Productio n 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 abide 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 devising involving the design, planning, and control of the processes that produce 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 competitive environment, appraising the organizations skills and resources, and examining the limitations of economics 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) inventory, 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) single service operations add value for the customerd) outputs of a process are worth more to customers than the sum of inputs31. Computer-int egrated 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 company 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) commonplace product.b) high volume production.c) same sequence of operations for each unit.d) each order may require a unique sequence of operations.34. The desired production rate for an assembly line is 120 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) high er 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 against uncertainlyb) 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 costs $50. The price is $40 per unit and inventory carrying cost per year is 10% of unit price, how many units should be ordered each time to besmirch total annual cost?a) 100b) 250c) 500d) 1,00039. Referring to the preced ing problem, suppose the supplier requires that orders be situated 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 universal gravitational constant 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) 1000b) 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 manufactures repair parts. These parts are used at the rate of5,000 units per year. It costs $100 every time more are pro duced. 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) 1000c) 1500d) 2000