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University of Phoenix OPS 571 - OPS 571 Final Exam Answers (includes 7)


Description:

Final Exam questions and answers to the following are included:

Final Exam 1

Final Exam 2

Final Exam 3

Final Exam 4

Final Exam 5

Final Exam 6

Final Exam 7


Sample exam questions:

The most important performance dimension for product development projects is:
a. Time-to-market
b. Productivity
c. Quality
d. Product flexibility
e. Product reliability
f. A, B, and C

When evaluating a new product development project using net present value analysis, which of the following will make the project more attractive?
a. Delaying the start of the project
b. Making the project run over a longer period of time
c. Improving (bringing forward) the date when revenue will begin
d. A and B
e. None of the above are correct.

Which of the following are parts of IDEO's product design process?
a. Rapid prototyping
b. Using project milestones
c. Brainstorming
d. Benchmarking
e. A and C

Which of the following are characteristics of a company's core competence?
a. It is not easy to outsource
b. It provides potential access to a variety of markets
c. It increases perceived customer benefits
d. It is hard for competitors to imitate
e. B, C and D.

Manufacturing is involved in what phases of the product design process?
a. Concept Development
b. Production Ramp-up
c. Initial Planning
d. Concept Development
e. A, B, C and D

Which of the following would not be considered an input in the airline business?
a. Ground equipment
b. Flight crew
c. Reservation personnel
d. Energy in the form of fuel
e. All the above are inputs

________ is when the activities in the stage must stop because there is no place to deposit the item just completed.
a. Buffering
b. Blocking
c. Starving
d. None of the above

The most common things that can happen when two stages are directly linked are:
a. Buffering
b. Blocking
c. Starving
d. A and B
e. B and C
f. A, B, and C

Processes can be characterized as:
a. Single stage or multi stage
b. Make-to-stock or make-to-order
c. Paced or non-paced
d. A and B
e. B and C
f. A, B, and C

Which of the following is true about make-to-stock processes?
a. Make-to-stock processes can be controlled based on the actual or anticipated amount of finished goods inventory.
b. Make-to-stock process is used when demand is seasonal and the firm does not have enough capacity to keep up during the peak season.
c. Services by their very nature often use make-to-stock processes.
d. A and B
e. A and C
f. A, B, and C

According to your text, the most common process metric is:
a. Productivity
b. Efficiency
c. Utilization
d. Throughput time
e. Cycle time



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Filename: OPS 571 Final Exams *7*.zip
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