Exam 8: Timeliness: Scheduling and Project Management

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The sequencing rule that sequences jobs according to the expected amount of time to complete the job is referred to as:

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Verified

B

In addition to the competitive attributes associated with time, _____ has an impact on the utilization of capital resources.

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scheduling

Time often plays a more critical role in the determination of value for a B2C customer than a B2B customer.

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The ____ process helps management decide which interventions will provide the greatest improvement for the lowest cost.

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Which of the following statement is not true about the role of timeliness?

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Describe how you could make it seem like customers do not spend as much time in queue as they actually do.

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A visual model of how resources are used to accomplish specific tasks is known as:

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Project scheduling with uncertain time estimates typically assumes that the activity times follow the alpha distribution.

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______ sequencing rule provides a means for including the due date and processing time in the priority decision.

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The critical path can shift from one path to another if an activity on a non-critical path is lengthened enough, or an activity on the critical path is reduced enough.

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_______ occurs when a customer joins the queue, but then leaves it because the wait was too long.

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An important part of the cash-to-cash cycle is known as the ________ or ______ loop.

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A popular means of measuring the impact of time on business productivity is referred to as:

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How does slower response time result in lower levels of quality? Give an example.

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Match these items. -Forward scheduling

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Match these items. -Critical ration

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Particularly in process-oriented manufacturing, orders and parts tend to queue up in front of work centers.

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Match these items. -Critical path

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In addition to the competitive attributes associated with time, scheduling has an impact on the utilization of capital resources.

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Match these items. -Jockeying

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