DWS AND IM DSIOPMA K46

The length of time it takes a skilled person to do a steady task at a steady rate is called ________________?

• Local Time

• Appropriate Time

• Regular Time

• None of them

Which of the following statements should not characterize an operations strategy toward the design of work systems?

• Robotics should be used whenever possible to replace most workers
  

• Workers can make or break a business.
  

• Workers can be a valuable source of insights.
  

• A spirit of cooperation can contribute to success.
  

• Workers can be proud and respected.
  

True or False: Job enrichment is otherwise known as vertical loading

• True

• False

Among the following, all are advantages of specialization except:

• simplifies training
  

• difficult to motivate quality
  

• high productivity
  

• relatively low wages
  

• all are advantages

Assuming demand is deterministic, what is the essence of the economic

order quantity model for inventory?

• To minimize order costs or carrying costs and maximize the rate of inventory turnover

• To minimize the total order costs and carrying costs

• The minimize order costs or carrying costs, whichever is higher.

• To order sufficient quantity to economically meet the next period's demand

The estimates necessary to compute the economic order quantity are

• Annual cost of placing orders, and annual cost of carrying one unit in stock.

• Cost of placing orders and carrying cost.

• Annual usage in units, cost per unit of inventory, and annual cost of carrying one unit in stoc

• Annual usage in units, cost per order, and annual cost of carrying one unit in stock.

Choose 2 important aspects of inventory management

• Customer experience

• identify items via a unique barcode

• most exciting part in business

• Improving cash flow

If EOQ = 360 units, order costs are $5 per order, and carrying costs are $.20 per unit, what is the usage in units?

• 129,600 units

• 2,592 units

• 25,920 units

• 18,720 units