
Operations Management
Authored by Catherine Moral
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University
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54 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To determine the longest sequence of dependent tasks in a project, known as the __________, which dictates the minimum project duration
Earned Value Management (EVM)
Critical Path Method (CPM
Program Evaluation and Review Technique (PERT)
Resource Leveling and Smoothing
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The components of PERT is the most probable time in which a task can be completed
Pessimistic Time
Optimistic Time
Mostly Like Time
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best describes the objective function in linear programming?
A function that must be maximized or minimized
A set of decision variables
A method for solving queuing problems
Lower quality of goods and services
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following represents an advantage of outsourcing in operations management?
Increased time to market
Reduced control over the production process
Access to specialized expertise and technology
Lower quality of goods and services
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary advantage of using a simulation model for inventory management?
It allows experimentation with different policies under varying conditions
It eliminates uncertainty in demand
It is simpler than analytical models
It provides exact solutions
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which inventory management strategy is most suitable for products with high carrying costs
and low demand variability?
Economic order quantity (EOQ)
Just-In-Case (JIC) inventory
Vendor-managed inventory
ABC analysis
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To measure project performance by comparing the planned progress with the actual progress and forecast future performance.
Program Evaluation and Review Technique (PERT)
Critical Path Method (CPM
Resource Leveling and Smoothing
Earned Value Management (EVM)
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