MGT-5140A - Production Operations Management oed answer key

Showing 81 to 100 of 151 total answers.

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Awesome StudentQuestion • Production Operations Management

This specifies the probability that a certain number of customers will arrive in a given time period

Answer

Poisson probability distribution

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Awesome StudentQuestion • Production Operations Management

One factor in choosing a location which refers to the nearness of the market in the business location

Answer

Market

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Awesome StudentQuestion • Production Operations Management

Quality control is the system of activities to verify if the quality control activities are effective

Answer

True

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Awesome StudentQuestion • Production Operations Management

Although each priority rule has merit, it is important to use the priority rule that best supports the

Answer

Overall organizational strategy

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Awesome StudentQuestion • Production Operations Management

For some, lean is the set of "tools" that assist in the identification and steady elimination of waste

Answer

True

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Awesome StudentQuestion • Production Operations Management

One of the objectives to achieve in performance measure is to identify which processes needs improvement

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Awesome StudentQuestion • Production Operations Management

A manufacturing layout wherein group resources are being layout based on the similar functions or processes

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Awesome StudentQuestion • Production Operations Management

It is a way of looking at and then controlling the processes which are present in the business organization

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Awesome StudentQuestion • Production Operations Management

These blend elements of operations, marketing and financial management into a highly successful new approach

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Awesome StudentQuestion • Production Operations Management

Which of the following is not included in the importance of production management to business organization?

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Awesome StudentQuestion • Production Operations Management

A macroscopic decision-making of an overall process route for converting the raw material into finished goods

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Awesome StudentQuestion • Production Operations Management

The ongoing effort to maintain the integrity of a process to maintain the reliability of achieving an outcome

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Awesome StudentQuestion • Production Operations Management

The process of establishing time at which to start and complete each event or operation comprising a procedure

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Awesome StudentQuestion • Production Operations Management

It often involves multiple types and sources of inputs, as well as their interpretation, which can be subjective

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Awesome StudentQuestion • Production Operations Management

It refers to the degree to which a design of a product and operating characteristics meet established standards

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Awesome StudentQuestion • Production Operations Management

It is really individuals who are managing themselves because many individuals are working on a variety of projects

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Awesome StudentQuestion • Production Operations Management

A forecasting technique using a weighted moving average, where past observations are adjusted according to their age

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Awesome StudentQuestion • Production Operations Management

A project is temporary in that it has a defined beginning and end in time, and therefore defined scope and resources

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Awesome StudentQuestion • Production Operations Management

The product life cycle stage wherein forecasting is critical and product and process reliability should be considered

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