Dashboard Campus based Instruction Non-Specific Programs

2016-17 Semester 1 S1-16_ETZC416 General EC1 - Quiz 1

Started on Thursday, 1 September 2016, 6:56 PM

State Finished
Completed on Thursday, 1 September 2016, 9:17 PM
Time taken 2 hours 21 mins
Marks 15.00/15.00
Grade 5.00 out of 5.00 (100%)

Question 1
The efficiency of our operations will increase as the ratio of design
Correct capacity to actual output increases.
Mark 1.00 out of
1.00
Select one:
True

False

The correct answer is 'False'.

Question 2 __________ aims to have fewer choices of components and products

Correct that will be produced, so that there is more focus on the production
Mark 1.00 out of operations.
1.00

Select one:
a. Standardization

b. None of the above

c. New product development

d. Simplification

Your answer is correct.

The correct answer is: Standardization

Question 3 It is easier to measure productivity for an operation that provides
Correct services than for one that produces goods since there is no material
used in services.
Mark 1.00 out of
1.00
Select one:
True

False

The correct answer is 'False'.

Question 4
While all of these steps are important in reaching a good decision,
Correct which one of the following steps is often the most crucial in the
Mark 1.00 out of
decision-making process?
1.00

Select one:
a. Analyzing alternatives

b. Identifying the problem.

c. Specifying objectives

d. Developing alternatives

Your answer is correct.

The correct answer is: Identifying the problem.
Question 5 __________ is an example of standardized service.
Correct

Mark 1.00 out of Select one:

1.00 a. Medical Care

b. Legal Service

c. None of the above

d. Insurance

Your answer is correct.

The correct answer is: Insurance

Question 6 The major difference between goods and services is:

Correct

Mark 1.00 out of

1.00

Select one:
a. services lack the profitability that goods enjoy

b. goods are always customized, services are always standardized

c. goods production usually requires more labor than services

d. it is difficult to inventory services

Your answer is correct.

The correct answer is: it is difficult to inventory services
Question 7
A computer system is composed of three components, a CPU, a
Correct monitor and a printer. All three of these components must function in
Mark 1.00 out of
order for the computer system to work. Their reliabilities are
respectively: CPU, 0.4 ; monitor, 0.6; printer, 0.5. The overall computer
1.00
system reliability is:

Select one:
a. 0.12

b. 0.985

c. 0.50

d. 1.50

Your answer is correct.

The correct answer is: 0.12

Question 8
Which is the correct hierarchy of operations management decisions
Correct (highest first)?
Mark 1.00 out of
1.00
Select one:
a. Operating, strategic, tactical

b. Operating, tactical, strategic

c. Strategic, operating, tactical

d. Strategic, tactical, operating

Your answer is correct.

The correct answer is: Strategic, tactical, operating
Question 9 It is desirable to have the productivity index as
Correct

Mark 1.00 out of Select one:

1.00 a. More than 1

b. Equal to 1

c. Less than 1

d. None of the above

Your answer is correct.

The correct answer is: More than 1

Question 10 Which one is not generally considered to be an advantage of using models

Correct for decision making?

Mark 1.00 out of

Select one:
1.00
a. Enabling managers to answer "what if" questions

b. Providing an exact representation of reality.

c. Providing a systematic approach to problem solving.

d. Emphasizing quantitative information.

Your answer is correct.

The correct answer is: Providing an exact representation of reality.
Question 11
Productivity is the ratio of output to input with outputs limited to
Correct material and labor.
Mark 1.00 out of
1.00

Select one:
True

False

The correct answer is 'False'.

Question 12 ___________ manufacturing facility produces some intermediate

Correct varieties of products with intermediate volumes.
Mark 1.00 out of
1.00 Select one:
a. Project

b. Flow shop

c. Job shop

d. Batch

Your answer is correct.

The correct answer is: Batch

Question 13 If a system is made up of two components that are in series, and both
Correct have failure rates of 50%, the probability that the system will fail is
50%.
Mark 1.00 out of
1.00
Select one:
True

False

The correct answer is 'False'.

Question 14
A decision tree branches out to include all of the possible decisions and all
Correct of the possible events we are capable of identifying.
Mark 1.00 out of
1.00

Select one:
True

False

The correct answer is 'True'.

Question 15
Increased capacity can be expected by increasing productivity and
Correct quality.
Mark 1.00 out of
1.00
Select one:
True

False

The correct answer is 'True'.