Sm C102 Quiz #2

Correct Question: Which of the following models uses a schematic model of the sequence of steps in a problem and the conditions and consequences of each step?
Your Answer: Decision trees
Correct Question: The way to build in greater flexibility in your workers is to do which of the following?

Your Answer: Provide a broader range of training
Incorrect Question: If the best operating level of a piece of equipment is at a rate of 400 units per hour and the actual output during an hour is 300 units, which of the following is the capacity cushion?
Your Answer: 75 percent
Correct Question: The ability to rapidly and inexpensively switch production from one product to another enables what are sometimes referred to as:
Your Answer: Economies of scope
Correct Question: Capacity planning involving acquisition or disposal of fixed assets such as buildings, equipment or facilities is considered as which one of the following planning horizons?
Your Answer: Long-range
Correct Question: Capacity planning involving hiring, layoffs, some new tooling, minor equipment purchases, and subcontracting is considered as which one of the following planning horizons?
Your Answer: Intermediate range
Correct Question: If the actual output of a piece of equipment during an hour is 500 units and it’s best operating level is at a rate of 400 units per hour, which of the following is the capacity utilization rate?
Your Answer: 1. 25
Correct Question: A process flowchart uses which of the following symbols to represent tasks or operations in a flow diagram?
Your Answer: Rectangle
Correct Question: A process flowchart uses symbols to represent which of the following?
Your Answer: Flows of material or customers
Correct Question: According to Little’s law, which of the following can be used to estimate inventory?
Your Answer: Throughput rate times flow time
Correct Question: A process flowchart uses which of the following symbols to represent a decision point in a flow diagram?
Your Answer: Diamond
Correct Question: A process flowchart uses which of the following symbols to represent storage areas or queues in a flow diagram?
Your Answer: Inverted triangle
Correct Question: To reduce process throughput time you might try which of the following actions?
Your Answer: Change the sequence of activities
Correct Question: An advantage of a make-to-stock process is which of the following?
Your Answer: Rapid delivery of a standard product
Correct Question: Which of the following basic types of process structures is one which equipment or work processes are arranged according to the progressive steps by which the product is made?
Your Answer: Assembly line
Correct Question: Assume a fixed cost for a process of $15,000. The variable cost to produce each unit of product is $10 and the selling price for the finished product is $25.
Which of the following is the number of units that has to be produced and sold to break-even?
Your Answer: 1,000 units
Correct Question: Which of the following is not considered a major process flow structure?
Your Answer: Fabrication
Correct Question: A difference between project and continuous flow categories of process flow structures is which two of the following?
Your Answer: The size of the product
Correct Question: Which of the following is not a basic type of process structure?
Your Answer: Product-process matrix
Correct Question: You are hired as a consultant to decide if your client should purchase a new, highly specialized, piece of equipment. The product to be produced by this equipment is forecast to have a total worldwide demand of 15,000 units over the entire product life. The initial investment to acquire and install the equipment is $256,000. The variable cost to produce each unit will be $15 and the selling price for the finished product will be $30. Which of the following best describes the situation the firm is facing?
Your Answer: The company’s total margin will be less than its investment

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our Guarantees

Money-back Guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism Guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision Policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy Policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation Guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more