BSOP 334 Week 8 Final Exam

BSOP 334 Week 8 Final Exam

BSOP 334 Week 8 Final Exam

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1. (TCO 1) Which of the following functions involves budgeting, analysis of investment proposals, and provision of funds? (Points : 5)
Operation
Marketing
Purchasing
Finance
Internal audit
Question 2. 2. (TCO 1) Transformation includes all of the following, except (Points : 5)
assembling.
teaching.
staffing.
farming.
consulting.
Question 3. 3. (TCO 1) Which of the following is providing new opportunities for productivity improvements? (Points : 5)
Pollution control
Total quality management
Supply chain management
Competition from foreign manufacturers
Technological change
Question 4. 4. (TCOs 3 & 6) In an effort to reduce inventory, which of the following interactions with vendors would potentially be helpful? (Points : 5)
Reducing lead times
Increasing safety stock
Less frequent purchases
Larger batch quantities
Longer order intervals
Question 5. 5. (TCOs 3 & 6) Which of the following costs related to order size is nonlinear? (Points : 5)
Interest
Insurance
Taxes
Receiving
Space
Question 6. 6. (TCO 2) Which of the following is a computer-based information system designed to handle ordering and scheduling of dependent-demand inventories? (Points : 5)

Question 7. 7. (TCO 2) Net material requirements can be described as (Points : 5)

Question 8. 8. (TCO 2) When an MRP system is periodically updated to account for all changes that have occurred within a given time interval, the process is called (Points : 5)

Question 9. 9. (TCOs 4, 5, & 6) How does a net-change system work? (Points : 5)

Question 10. 10. (TCOs 4, 5, & 6) The MRP approach that is used for components or subassemblies to compensate for variations in lead times is called (Points : 5)

Question 11. 11. (TCOs 4, 5, & 6) A lead time service level of 90 percent implies which of the following? (Points : 5)

Question 12. 12. (TCOs...

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