OSCM 306 Ch. 5 Flashcard

OSCM 306 Ch. 5 Flashcard

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University

Practice Problem

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10 questions

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1.

FLASHCARD QUESTION

Front

Which of the following is not a basic question in capacity planning? Options: How much is needed?, When it is needed?, Who will pay for it?, What kind is needed?

Back

Who will pay for it?

2.

FLASHCARD QUESTION

Front

The first, and perhaps most important, step in constraint management is to _________ the most pressing constraint.

Back

Identify

3.

FLASHCARD QUESTION

Front

Efficiency is defined as the ratio of: Actual output to effective capacity.

Back

Actual output to effective capacity.

4.

FLASHCARD QUESTION

Front

Short term considerations in determining capacity requirements include: Demand trend, Seasonal demand variations, Cyclical demand variations, New product development plans

Back

Seasonal demand variations

5.

FLASHCARD QUESTION

Front

The method of financial analysis which results in an equivalent interest rate is:

Back

Internal Rate of Return

6.

FLASHCARD QUESTION

Front

Capacity in excess of expected demand that is intended to offset uncertainty is a:

Back

Capacity cushion

7.

FLASHCARD QUESTION

Front

When buying component parts, risk does not include: Interest rate fluctuations, Product liability, Vendor viability, Loss of Control

Back

Interest rate fluctuations

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