A condition that must occur in order for a process to be performed is known as:

The rate at which an operation converts investment into returns can be referred to as:

The ease with which a repair or replace action can be completed under specified conditions of time, quality and cost can be estimated through:

Which of these can be used to estimate the reliability of an operations process?

An operations process that is most ideal for handling moderate volume and moderate variety can be referred to as:

Identify the effectiveness parameter(s) from the following:

Identify the efficiency parameter(s) from the following:

The drive belts of the Pariser building lifts have failed approximately 122 times in the last 25 years (one year = 365 days). The lifts are expected to operate continuously. Estimate the approximate most economic number of spare drive belts required for 18 months of uninterrupted operation of the lifts with a confidence level of 95% (z for 95% confidence level = 1.65).

$$N\ =\ \frac{t}{T}+\sqrt[]{\frac{t}{T}\times z}$$

$$T=\frac{1}{\lambda}$$

Which of the following outcomes best describes A in the following table?

Which of the following outcomes best describes B in the following table?

Which of the following outcomes best describes C in the following table?

A process reliability test revealed that 12 failures occurred after testing 27 hydraulic systems for 1525 hours. Select the approximate mean time between failures (MTBF) from the following options.

A process reliability test revealed that 12 failures occurred after testing 27 hydraulic systems for 1525 hours. Select the approximate mean time to failures (MTTF) from the following options.

Figure Q represents the reliability block diagram of the manufacturing process of engineering design components. If points A and B respectively denote the inlet and outlet of the process, identify the minimum path set(s) from the following options.

Figure Q represents the reliability block diagram of the manufacturing process of engineering design components. If points A and B respectively denote the inlet and outlet of the process, identify the minimum cut set(s) from the following options.

A new 3D printing machine produces parts 2% faster than the previous machine. This is an example of:

CompFast Ltd dismantle new computer products bought from their competitors to investigate how they work. This is a form of:

A company that wish to be quick to enter the market with their new innovation should use which process?

The decommissioning of coal fired electrical power station is an example of:

FastFoundations Ltd specify an innovative polymer component, supplied by PlastDuct Ltd to be cast into building foundations laid by FastFoundations Ltd. In the Henderson-Clark model this innovation fits best in which segment?

The inventory profile below shows a raw material with a perfectly predictable demand (D = 100 items/week) and order quantity (Q = 400 items/order). To prevent any stock-out occurring, order should be placed in weeks:

During summer time, a clothing manufacturer is building a stock of woolen garments to meet the demand when it peaks in winter. This type of stock is better described as:

Agile supply chain policies are seen to be appropriate for which of the following products?

Which of the following features are associated with the 'Lean Supply Chain Management'?

Which of the following policies help ease/reduce the bullwhip effect in supply chains?

Which one of the following information does flow downstream in supply chains?

Which of the following are features of the "Continuous Review" approach to inventory management?

A raw material has a constant demand (D = 500 items/year), ordering cost (CO = £40/order) and holding cost (CH = £4/item/year). The order quantity for this product is (Q = 200 items/order). The total cost of the inventory for this product is:

Which of the following features are associated with multiple sourcing?