Saturday 7 March 2015

OPS 571 Week 3 knowledge check Assignment

  1. When considering outsourcing, what should firms tend to avert?
  • Allowing outsourcing to develop into a substitute for innovation
  • Losing control of noncore activities
  • Giving the outsourcing partner opportunities to become a strong competitor
  • Allowing employees transferred to the outsourcing partner to rejoin the firm 
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  1. What is the important starting point in developing a capacity plan?
  • Predicting the ability of suppliers to meet needs
  • Determining the effective capacity of a resource over some period of time.
  • Predicting the needs of customers
  • Understanding key components of the supply chain
  1. Which of the following is an input to the master production schedule (MPS)?
  • Bill of materials
  • The aggregate plan
  • Exception report
  • Inventory records file 
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  1. Which of the following is an input file necessary to run an MRP program?
  • Planned order schedules
  • Bill of materials (BOM) file
  • Exception reports
  • Quality management report
  1. Which of the following forecasting methods is very dependent on selection of the right individuals who will judgmentally be used to actually generate the forecast?
  • Simple moving average
  • Time series analysis
  • Delphi method
  • Weighted moving average 
Complete paper here OPS 571 Week 3 Knowledge Check
  1. The main purpose of aggregate operations planning is to specify the optimal combination of which of the following?
  • Inventory on hand and financing costs for that inventory
  • Workforce levels and inventory on hand
  • The workforce level and the degree of automation
  • The strategic plan and the products available for sale
  1. Which of the following is an essential resource that flows through a hospital supply chain?
  • Patients
  • Medicine
  • Doctors and Nurses
  • Information
  1. In business forecasting, what is usually considered a short term time period?
  • Four weeks or less
  • Six months or more
  • Less than three months
  • More than three months 
Find the Quiz or Knowledge Check answers here OPS 571 Week 3 Quiz or Knowledge Check
  1. Which of the following is an input file necessary to run an MRP system?
  • Planned order schedule
  • Exception report
  • Inventory records file
  • Computer aided design files
10. Which of the following is most closely related to the reason a firm might implement MRP?
  • So they can order the right parts
  • So they can order parts sufficient for immediate use
  • To assure appropriate quality levels
  • So they can insure that parts to arrive D. To assure appropriate quality levels 
Find the final exam answers here OPS 571 Final Exam
11. Which of the following is one of the main purposes of a MRP system?
  • Decrease labor requirements.
  • Educate personnel in basic work rules.
  • Determine the materials needed.
  • Stimulate the work force.
12. The text mentions several common approaches to use when developing a strategy to close a capacity gap (where utilization of a resource exceeds capacity available). Which of the following is among the common approaches mentioned?
  • New construction
  • Hire more employees
  • Closing a related department
  • Transferring capacity from other units 
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13. Which of the following is a perpetual system for inventory management?
  • Fixed time period
  • P model
  • Fixed order quantity
  • First in first out
14. Which of the following is considered a pure production planning strategy?
  • Stable workforce, variable work hours
  • Variable workforce, stable work hours
  • Lag demand
  • Level playing field 
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15. In conducting aggregate operations planning there are a number of required inputs. Which of the following are inputs considered most external to the firm?
  • Current physical capacity of the organization
  • Raw material availability and competitor’s behavior
  • Internal inventory levels and market demand
  • Subcontractor capacity and inventory levels
  1. In most cases, demand for products or services can be broken into several components. Which of the following is considered a component of demand?
  • Future demand
  • Cyclical elements
  • Inconsistent demand
  • Past demand 
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17. Which of the following is an input to the master production schedule?
  • Prototype products from product development
  • Aggregate component schedule
  • Peg reports from factory records
  • Forecasts of customer demand
18. What is the effect of the lack of synchronization among supply chain members?
  • Bullwhip effect
  • Continuous replenishment
  • Metcalf’s Law
  • Forward buying
19. Which of the following is one of the categories of manufacturing inventory?
  • Work in process
  • Economic Order Inventory
  • JIT Inventory
  • Quality units 
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20. Which is the most challenging kind of supply chain to manage according to Hau Lee?
  • Risk hedging
  • Agile
  • Efficient
  • Erratic
21. What is another name for the fixed order quantity inventory model?
  • Cycle counting model
  • The ABC model
  • Economic order quantity model
  • Periodic replenishment model
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This article covers the topic for the University Of Phoenix OPS 571 Week 3 Quiz. The author is working in the field of education from last 5 years. This article covers the basic of OPS 571 Week 3 Quiz Assignment from UOP.
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OPS 571 Week 4 knowledge check Assignment

  1. A work breakdown structure is
  • a hierarchy of tasks, subtasks, and work packages
  • a Cost and Performance tracking schedule
  • a structure that is incompatible with the Critical Path Method
  • a simple list of the activities making up a project 
Quiz Answers just a click away OPS 571 Week 4 Quiz
  1. The vertical axis on a Gantt chart is usually which of the following?
  • Activities
  • Time
  • Cost
  • Profit
  1. Which of the following identifies a key principle of Reengineering?
  • Organize around tasks.
  • Downsize (layoff) workers and do the same amount of work as before.
  • Merge information processing work into the real work that produces the information.
  • Capture information both at the source and where it is interpreted.
  1. At the onset, a project originates as which of the following?
  • A Gantt chart
  • A series of milestones
  • Critical path method (CPM)
  • A statement of work (SOW 
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  1. Consulting firms typically use which of the following techniques to plan and monitor the engagements of the firm or specific projects?
  • CPM/PERT
  • Qualitative forecasting
  • Materials requirements planning (MRP)
  • Quantitative layout
  1. A Responsibility Chart specifically identifies which of the following?
  • Planning the tasks for a project
  • Customer satisfaction
  • Commitment to quality
  • Level of inventory 
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  1. Which of the following would be the result of subdividing a project?
  • Job orders
  • Work events
  • Job categories
  • Tasks
  1. Which project progress technique includes the essential features of a project plan, budgeted cost of work scheduled and budgeted cost of work performed?
  • Earned value management
  • Critical path method
  • Cost analysis
  • Gantt chart 
Final Exam Answers just a click away OPS 571 Final Exam
  1. An example of a graphic project report utilized within project management is:
  • Project proposal
  • Equipment and supplies chart
  • Humphrey chart
  • Cost and performance tracking schedule 
About Author
This article covers the topic for the University Of Phoenix OPS 571 Week 4 Quiz. The author is working in the field of education from last 5 years. This article covers the basic of OPS 571 Week 4 Quiz Assignment from UOP.
For further information on the above topics you can always visit the website www.StudentWhiz.com