Question 1

Match these items.
-Cash-to-cash cycle

Accepted Answer

A)  Determines who goes next when serving a queue 
B)  Customers switch lines hoping to move faster 
C)  Takes the longest to complete 
D)  The difference between due date and processing time 
E)  Completion date needs to be determined
F) Measures impact of time on business productivity
G) Approach to reducing project duration
H) Customers join queue and then leaves it the wait is too long
I) If it is less than one, the order is already late
J) Completion date is known 
A)  Determines who goes next when serving a queue 
B)  Customers switch lines hoping to move faster 
C)  Takes the longest to complete 
D)  The difference between due date and processing time 
E)  Completion date needs to be determined
F) Measures impact of time on business productivity
G) Approach to reducing project duration
H) Customers join queue and then leaves it the wait is too long
I) If it is less than one, the order is already late
J) Completion date is known

Question 2

Match these items.
-Crashing

Accepted Answer

A)  Determines who goes next when serving a queue 
B)  Customers switch lines hoping to move faster 
C)  Takes the longest to complete 
D)  The difference between due date and processing time 
E)  Completion date needs to be determined
F) Measures impact of time on business productivity
G) Approach to reducing project duration
H) Customers join queue and then leaves it the wait is too long
I) If it is less than one, the order is already late
J) Completion date is known 
A)  Determines who goes next when serving a queue 
B)  Customers switch lines hoping to move faster 
C)  Takes the longest to complete 
D)  The difference between due date and processing time 
E)  Completion date needs to be determined
F) Measures impact of time on business productivity
G) Approach to reducing project duration
H) Customers join queue and then leaves it the wait is too long
I) If it is less than one, the order is already late
J) Completion date is known

Question 3

Assuming that all non-value adding time has already been removed, which of the following would likely be the best way to reduce the total time required to accomplish a set of tasks?

Accepted Answer

A)  Identify tasks that can be done in sequence, rather than in parallel. 
B)  Find ways to actually reduce the amount of time required for each individual task. 
C)  Identify tasks that could be done in parallel, rather than in sequence. 
D)  Find tasks currently done in parallel, and eliminate the one adding the least amount of value. 
A)  Identify tasks that can be done in sequence, rather than in parallel. 
B)  Find ways to actually reduce the amount of time required for each individual task. 
C)  Identify tasks that could be done in parallel, rather than in sequence. 
D)  Find tasks currently done in parallel, and eliminate the one adding the least amount of value.

Question 4

Match these items.
-Queue discipline

Accepted Answer

A)  Determines who goes next when serving a queue 
B)  Customers switch lines hoping to move faster 
C)  Takes the longest to complete 
D)  The difference between due date and processing time 
E)  Completion date needs to be determined
F) Measures impact of time on business productivity
G) Approach to reducing project duration
H) Customers join queue and then leaves it the wait is too long
I) If it is less than one, the order is already late
J) Completion date is known 
A)  Determines who goes next when serving a queue 
B)  Customers switch lines hoping to move faster 
C)  Takes the longest to complete 
D)  The difference between due date and processing time 
E)  Completion date needs to be determined
F) Measures impact of time on business productivity
G) Approach to reducing project duration
H) Customers join queue and then leaves it the wait is too long
I) If it is less than one, the order is already late
J) Completion date is known

Question 5

Which of the following statements is accurate concerning costs and time?

Accepted Answer

A)  Costs associated with time reduce the bottom line for business and for its customers in several ways. 
B)  Direct materials costs, direct labor costs, and overhead costs are indirectly related to time. 
C)  The amount of time a product or a customer is in a productive system isn't all devoted to processing and adding value. 
D)  Both A and B 
E)  Both A and C
F) A, B and C 
A)  Costs associated with time reduce the bottom line for business and for its customers in several ways. 
B)  Direct materials costs, direct labor costs, and overhead costs are indirectly related to time. 
C)  The amount of time a product or a customer is in a productive system isn't all devoted to processing and adding value. 
D)  Both A and B 
E)  Both A and C
F) A, B and C

Question 6

A sequencing technique that considers due date and processing time is:

Accepted Answer

A)  Earliest due date 
B)  Shortest processing time 
C)  Critical ratio 
D)  First come first serve 
A)  Earliest due date 
B)  Shortest processing time 
C)  Critical ratio 
D)  First come first serve

Question 7

Which of the following statement is not true about managing queues of people?

Accepted Answer

A)  The actual amount of time a customer waits is a function of five features of every queuing system 
B)  Knowledge of the queue configuration and the parameters describing the arrival and service rates make . it possible to determine a number of measures describing the queuing system's performance. 
C)  An understanding of the probabilities of a customer balking is useful for determining the sequencing method to use. 
D)  Service rates typically follow a negative exponential distribution. 
A)  The actual amount of time a customer waits is a function of five features of every queuing system 
B)  Knowledge of the queue configuration and the parameters describing the arrival and service rates make . it possible to determine a number of measures describing the queuing system's performance. 
C)  An understanding of the probabilities of a customer balking is useful for determining the sequencing method to use. 
D)  Service rates typically follow a negative exponential distribution.

Question 8

Which of the following statements is not true regarding the cash-to-cash cycle?

Accepted Answer

A)  A common tendency is to focus only on production time when trying to reduce the cash-to-cash cycle, . but in reality, any task in the cycle has the same impact. 
B)  An important part of the cash-to-cash cycle is known as the make/market or order/deliver loop. 
C)  The cash-to-cash cycle compares the actual completion of order to its due date and calculates the actual . receipt of the payment when it is sold. 
D)  Profitability increases as the cash-to-cash cycle is reduced. 
A)  A common tendency is to focus only on production time when trying to reduce the cash-to-cash cycle, . but in reality, any task in the cycle has the same impact. 
B)  An important part of the cash-to-cash cycle is known as the make/market or order/deliver loop. 
C)  The cash-to-cash cycle compares the actual completion of order to its due date and calculates the actual . receipt of the payment when it is sold. 
D)  Profitability increases as the cash-to-cash cycle is reduced.

Question 9

$\begin{array}{ccc} 
\text {Order }&\text { Processing Time} & \text {Due Date} \
1 & 5 & 9 \
2 & 3 & 3 \
3 & 4 & 5 \
4 & 5 & 13 \
5 & 6 & 7
\end{array}$ 
-Using the data above on five orders, compute the critical ratio sequence.

Accepted Answer

A)  2,3,1,4,5 
B)  4,1,3,5,2 
C)  2,1,5,3,4 
D)  2,5,3,1,4 
A)  2,3,1,4,5 
B)  4,1,3,5,2 
C)  2,1,5,3,4 
D)  2,5,3,1,4

Question 10

SPT and critical ratio recognize the impact that sequencing at one resource has on other resources.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following statements is true about crashing projects?

Accepted Answer

A)  The crashing process determines how to reduce the project time by identifying the cheapest way to . reduce the time of activities on non-critical paths 
B)  Crashing the project is a methodological approach to reducing project variability 
C)  The crashing process helps management decide which interventions will provide the greatest improvement for the least cost. 
D)  The crashing process focuses on eliminating nonvalue-adding tasks in the critical path to reduce project time. 
A)  The crashing process determines how to reduce the project time by identifying the cheapest way to . reduce the time of activities on non-critical paths 
B)  Crashing the project is a methodological approach to reducing project variability 
C)  The crashing process helps management decide which interventions will provide the greatest improvement for the least cost. 
D)  The crashing process focuses on eliminating nonvalue-adding tasks in the critical path to reduce project time.

Question 12

Reneging occurs when a customer views the queue and does not enter because it is too long.

Accepted Answer

A) True 
 B)False

Question 13

The completion of the ES and EF times is known as the ____ ____ ___ of the network.

Accepted Answer

earliest s

Match these items. -Cash-to-cash cycle

Match these items. -Crashing

Assuming that all non-value adding time has already been removed, which of the following would likely be the best way to reduce the total time required to accomplish a set of tasks?

Match these items. -Queue discipline

Which of the following statements is accurate concerning costs and time?

A sequencing technique that considers due date and processing time is:

Which of the following statement is not true about managing queues of people?

Which of the following statements is not true regarding the cash-to-cash cycle?

Order Processing Time Due Date 1 5 9 2 3 3 3 4 5 4 5 13 5 6 7 -Using the data above on five orders, compute the critical ratio sequence.

SPT and critical ratio recognize the impact that sequencing at one resource has on other resources.

Which of the following statements is true about crashing projects?

Reneging occurs when a customer views the queue and does not enter because it is too long.

The completion of the ES and EF times is known as the __ _ of the network.

Introduction: Why Operations Management

Profitability: Business Success From Operations Success

Strategy and Value: Competing Through Operations

Processes: Turning Resources Into Capabilities

Cost: The Price of Value Creation

Quality: Meeting Customer Expectations

Quality Tools: From Process Performance to Process Perfection

Supply Chain Management: Managing Business to Business Interactions

Demand Forecasting: Building the Foundation for Resource Planning

Inventory: Managing to Meet Demand

Logistics: Positioning Goods in the Supply Chain

Lean Systems: Eliminating Waste Through the Supply Chain

Capacity: Matching Productive Resources to Demand

Constraint Management: Simplifying Complex Systems

Facilities: Making Location and Layout Decisions

Workforce: Optimizing Human Capital Printed

Filters

Exam 8: Timeliness: Scheduling and Project Management

Match these items. -Cash-to-cash cycle

Match these items. -Crashing

Assuming that all non-value adding time has already been removed, which of the following would likely be the best way to reduce the total time required to accomplish a set of tasks?

Match these items. -Queue discipline

Which of the following statements is accurate concerning costs and time?

A sequencing technique that considers due date and processing time is:

Which of the following statement is not true about managing queues of people?

Which of the following statements is not true regarding the cash-to-cash cycle?

Order Processing Time Due Date 1 5 9 2 3 3 3 4 5 4 5 13 5 6 7 -Using the data above on five orders, compute the critical ratio sequence.

SPT and critical ratio recognize the impact that sequencing at one resource has on other resources.

Which of the following statements is true about crashing projects?

Reneging occurs when a customer views the queue and does not enter because it is too long.

The completion of the ES and EF times is known as the ____ ____ ___ of the network.

Introduction: Why Operations Management

Profitability: Business Success From Operations Success

Strategy and Value: Competing Through Operations

Processes: Turning Resources Into Capabilities

Cost: The Price of Value Creation

Quality: Meeting Customer Expectations

Quality Tools: From Process Performance to Process Perfection

Supply Chain Management: Managing Business to Business Interactions

Demand Forecasting: Building the Foundation for Resource Planning

Inventory: Managing to Meet Demand

Logistics: Positioning Goods in the Supply Chain

Lean Systems: Eliminating Waste Through the Supply Chain

Capacity: Matching Productive Resources to Demand

Constraint Management: Simplifying Complex Systems

Facilities: Making Location and Layout Decisions

Workforce: Optimizing Human Capital Printed

Filters

The completion of the ES and EF times is known as the __ _ of the network.