Question 1

_____ actions and resources are those actions in a process that must be done to make the product but create no value for the customer.

Accepted Answer

A) Non-value-adding 
B) Necessary non-value-adding 
C) Value-adding 
D) Inventory surplus 
E) None of these answers.

Question 2

Because so few processes move across functional boundaries, it is illogical to have those groups connected with the process involved with mapping and improving the process.

Accepted Answer

A) True 
 B)False

Question 3

_____ actions and resources are those that create value for the customer.

Accepted Answer

A) Extras 
B) Non-value-adding 
C) Necessary non-value-adding 
D) Value-adding 
E) None of these answers.

Question 4

_____ is a technique used to examine the incremental changes in cost between quantities within a supplier's price quotation.

Accepted Answer

A) TCO 
B) Price analysis 
C) Market-share pricing 
D) Competition pricing 
E) Quantity discount analysis

Question 5

Most processes do not cross functional boundaries.

Accepted Answer

A) True 
 B)False

Question 6

A _____ visually displays the tasks and times associated with a project and consists of a horizontal bar chart with activities listed vertically and times or dates displayed horizontally.

Accepted Answer

A) PERT tool 
B) Gantt chart 
C) CPM tool 
D) TCO chart 
E) networking tool

Question 7

Each activity in PERT has three time estimates: (1) most likely, (2) pessimistic, and (3) optimistic.

Accepted Answer

A) True 
 B)False

Question 8

According to Ohno and Toyota, _____ is a category of waste that retains unnecessary inventory between process steps.

Accepted Answer

A) excess inventory 
B) overproduction 
C) over-processing 
D) waiting time 
E) None of these answers.

Question 9

Historically, the term _____ applies to the reduced direct-labor requirement per unit of output because of the effects of learning, while the term _____ refers to the longer-term factors of production that systematically reduce production costs.

Accepted Answer

A) learning curve….experience curve 
B) learning curve….infinity curve 
C) experience curve….Boeing curve 
D) experience curve….learning curve 
E) None of these answers.

Question 10

The primary advantage of a Gantt chart is that for larger projects, it can be easy to use and keep up to date.

Accepted Answer

A) True 
 B)False

Question 11

According to Ohno and Toyota, _____ is a category of waste that produces items for which there are no orders.

Accepted Answer

A) excess inventory 
B) overproduction 
C) unnecessary movement 
D) waiting time 
E) defect

Question 12

Which of the following is not a question that value analysis teams should ask to determine if opportunities exist for item, product, or service improvement?​

Accepted Answer

A) Are there additional uses for this product? 
B) Can we use a different color of paint? 
C) Is there a better production method to produce the item or product? 
D) If we are making an item now, can we buy it for less (or vice versa)? 
E) Are packaging cost reductions possible?

Question 13

In value stream mapping, the flow diagram that depicts process improvements to optimize the value and minimize the non-value-added streams is called a/an _____.

Accepted Answer

A) current state map 
B) future/ideal state map 
C) variation map 
D) anticipated state map 
E) None of these answers.

Question 14

According to Ohno and Toyota, _____ is a category of waste that moves material unnecessarily or long distances.

Accepted Answer

A) unnecessary movement 
B) over-processing 
C) defect 
D) unnecessary transport 
E) overproduction

Question 15

When using quantity discount analysis, the key calculation is the incremental cost of each additional unit at different quantity levels.

Accepted Answer

A) True 
 B)False

Question 16

In a CPM or PERT project, a network is a graphical representation that shows how each individual activity relates in time and sequence to all other activities.

Accepted Answer

A) True 
 B)False

Question 17

Many organizations are attempting to develop new products concurrently rather than sequentially, which not only saves time and money but also allows agreement on major issues early in the process.

Accepted Answer

A) True 
 B)False

Question 18

Because a project usually has a defined scope with agreed-upon tasks, responsibilities, and deliverables, it is often more difficult to measure project success compared with other types of work.

Accepted Answer

A) True 
 B)False

Question 19

Offering a supplier a longer-term contract with guaranteed volumes encourages investment in equipment that results in lower production costs.

Accepted Answer

A) True 
 B)False

Question 20

Projects have certain characteristics that make them unique compared with other forms of work.

Accepted Answer

A) True 
 B)False

Exam 12: Purchasing and Supply Chain Analysis: Tools and Techniques

_____ actions and resources are those actions in a process that must be done to make the product but create no value for the customer.

Because so few processes move across functional boundaries, it is illogical to have those groups connected with the process involved with mapping and improving the process.

_____ actions and resources are those that create value for the customer.

_____ is a technique used to examine the incremental changes in cost between quantities within a supplier's price quotation.

Most processes do not cross functional boundaries.

A _____ visually displays the tasks and times associated with a project and consists of a horizontal bar chart with activities listed vertically and times or dates displayed horizontally.

Each activity in PERT has three time estimates: (1) most likely, (2) pessimistic, and (3) optimistic.

According to Ohno and Toyota, _____ is a category of waste that retains unnecessary inventory between process steps.

Historically, the term _ applies to the reduced direct-labor requirement per unit of output because of the effects of learning, while the term _ refers to the longer-term factors of production that systematically reduce production costs.

The primary advantage of a Gantt chart is that for larger projects, it can be easy to use and keep up to date.

According to Ohno and Toyota, _____ is a category of waste that produces items for which there are no orders.

Which of the following is not a question that value analysis teams should ask to determine if opportunities exist for item, product, or service improvement?

In value stream mapping, the flow diagram that depicts process improvements to optimize the value and minimize the non-value-added streams is called a/an _____.

According to Ohno and Toyota, _____ is a category of waste that moves material unnecessarily or long distances.

When using quantity discount analysis, the key calculation is the incremental cost of each additional unit at different quantity levels.

In a CPM or PERT project, a network is a graphical representation that shows how each individual activity relates in time and sequence to all other activities.

Many organizations are attempting to develop new products concurrently rather than sequentially, which not only saves time and money but also allows agreement on major issues early in the process.

Because a project usually has a defined scope with agreed-upon tasks, responsibilities, and deliverables, it is often more difficult to measure project success compared with other types of work.

Offering a supplier a longer-term contract with guaranteed volumes encourages investment in equipment that results in lower production costs.

Projects have certain characteristics that make them unique compared with other forms of work.

Exam 12: Purchasing and Supply Chain Analysis: Tools and Techniques

_____ actions and resources are those actions in a process that must be done to make the product but create no value for the customer.

Because so few processes move across functional boundaries, it is illogical to have those groups connected with the process involved with mapping and improving the process.

_____ actions and resources are those that create value for the customer.

_____ is a technique used to examine the incremental changes in cost between quantities within a supplier's price quotation.

Most processes do not cross functional boundaries.

A _____ visually displays the tasks and times associated with a project and consists of a horizontal bar chart with activities listed vertically and times or dates displayed horizontally.

Each activity in PERT has three time estimates: (1) most likely, (2) pessimistic, and (3) optimistic.

According to Ohno and Toyota, _____ is a category of waste that retains unnecessary inventory between process steps.

Historically, the term _____ applies to the reduced direct-labor requirement per unit of output because of the effects of learning, while the term _____ refers to the longer-term factors of production that systematically reduce production costs.

The primary advantage of a Gantt chart is that for larger projects, it can be easy to use and keep up to date.

According to Ohno and Toyota, _____ is a category of waste that produces items for which there are no orders.

Which of the following is not a question that value analysis teams should ask to determine if opportunities exist for item, product, or service improvement?​

In value stream mapping, the flow diagram that depicts process improvements to optimize the value and minimize the non-value-added streams is called a/an _____.

According to Ohno and Toyota, _____ is a category of waste that moves material unnecessarily or long distances.

When using quantity discount analysis, the key calculation is the incremental cost of each additional unit at different quantity levels.

In a CPM or PERT project, a network is a graphical representation that shows how each individual activity relates in time and sequence to all other activities.

Many organizations are attempting to develop new products concurrently rather than sequentially, which not only saves time and money but also allows agreement on major issues early in the process.

Because a project usually has a defined scope with agreed-upon tasks, responsibilities, and deliverables, it is often more difficult to measure project success compared with other types of work.

Offering a supplier a longer-term contract with guaranteed volumes encourages investment in equipment that results in lower production costs.

Projects have certain characteristics that make them unique compared with other forms of work.

Historically, the term _ applies to the reduced direct-labor requirement per unit of output because of the effects of learning, while the term _ refers to the longer-term factors of production that systematically reduce production costs.

Which of the following is not a question that value analysis teams should ask to determine if opportunities exist for item, product, or service improvement?