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OSCM 306 Ch. 5 Quiz

Authored by Carol Trivedi

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OSCM 306 Ch. 5 Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a basic question in capacity planning?

How much is needed?
When it is needed?
Who will pay for it?
What kind is needed?

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Improve
Identify
Modify
Elevate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Efficiency is defined as the ratio of:

Design capacity to effective capacity. 
Effective capacity to actual output. 
Design capacity to actual output. 
Actual output to effective capacity.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Short term considerations in determining capacity requirements include:

Demand trend
Seasonal demand variations
Cyclical demand variations
New product development plans

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Payback
Internal Rate of Return
Net Present Value
Cost-volume

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Timing bubble
Margin protect
Capacity cushion 
Line balance

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When buying component parts, risk does not include:

Interest rate fluctuations
Product liability
Vendor viability
Loss of Control

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