Category Archives: BUSI 650

LIBERTY BUSI 650 Week 1 Quiz 1 (TWO DIFFERENT VERSIONS) latest

LIBERTY BUSI 650 Week 1 Quiz 1 (TWO DIFFERENT VERSIONS) latest

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USI 650 Week 1 Quiz 1 (TWO DIFFERENT VERSIONS) latest

LIBERTY BUSI 650 Week 1 Quiz 1 latest

LIBERTY BUSI 650 Week 1 Quiz 1 latest

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In the Service Matrix, to which quadrant does recreation belong?
Which of the following is NOT an advantage of rapid response
Which form of transportation system utilizes group technology
Layout analysis is usually performed for the following purpose(s):
Continuous processes are characterized by low to moderate output variety and one to few in batch size.
Customization occurs when
As an alternative to research, industries where bringing a product to market is extremely expensive (for example, high technology or pharmaceuticals) tend to adapt the imitation strategy
Which of the following is among the six major elements of a production system
Value can be added to an entity in all the following ways, EXCEPT
Sub-optimization occurs when one part of the system is improved to the detriment of other parts of the system
In the product-process matrix, when the size of a batch increases significantly, with a corresponding decrease in output variety, then the flow shop is appropriate
Which of the following is NOT a major element of a service guarantee
Paced lines use some sort of conveyor to move output along the production line at a variable rate, so that operators do their work as they need
In cellular production the cellular form allows for a level of customization usually found in job shops.
A distinction between normal goods and information/knowledge is that
Vision statements express the organization’s purpose or reason for existence
The resource-based view considers the set of resources available to the organization as a secondary driver of the business strategy
A general characteristic of a job shop is that it requires a small variety of inputs, and minimal variations in the time it takes for a complete “job
A renovation activity is any physical entity accompanying a transformation that adds value
The product-process matrix developed by Hayes and Wheeelwright (1979) explains how transformation systems vary from project –on the top left corner-to continuous processes –on the bottom right corner. Its vertical axis illustrates
The cost-volume-distance (CVD) model is suitable for layouts in which moving materials or people between departments is a major consideration
Bartmess and Cerny (1996) identify three elements of a core capability that hinders imitation; which of the following is NOT one of these elements
A type of output that commonly results from a production system is
Which of the following is NOT considered a characteristic of a service?
Which of the following is FALSE for job shops?

LIBERTY BUSI 650 Week 3 Quiz 2 latest

LIBERTY BUSI 650 Week 3 Quiz 2 latest

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BUSI 650 Week 3 Quiz 2 latest

The following are shortcomings associated with analyzing problems “one factor at a time” also known as OFAT and 1FAT, EXCEPT
In services, a product defect is analogous to a defecting customer – a customer who takes their business elsewhere
One aspect that differentiates Six Sigma from other earlier process improvement programs including total quality management and reengineering is that with Six Sigma
With respect to strategy maps and balanced scorecards, which of the following is FALSE
Strategy maps can help define a balanced scorecard
Six Sigma (DMAIC) is best applied when
Which term compares an organization’s processes with the best practices to be found in its industry or others?
Quality Function Deployment (QFD) starts by using “voice of the customer” (VOC) data in which of the following matrices?
The balanced scorecard approach relies not only on financial performance measure but includes customers, internal business processes and organizational learning and growth
Which of the following is NOT a problem commonly found when monitoring
An expectation of Business Process Design is that the improvements in performance will be at a minimum incremental
Six Sigma is among the most timely topics in business today because of the following, EXCEPT
The goal of the Analyze Phase is to identify key cause and effect relationships that can be leveraged to improve the overall performance of the process
Six Sigma is better applied on manufacturing than service operations
The relationship between the natural variation in the production system and the product’s design specifications can be quantified using
Business Process Design (BPD) is also adequately named the following EXCEPT
Lean Sigma is a combination of Six Sigma and lean tools appropriate when both too much variation and waste exist in a process
Benchmarking is a process that helps compare a company against its competitors on a variety of relevant indicators
When calculating ranges for particular variables, it is mathematically possible to obtain negative variables; in such an event, one should set zero for that variable range
Process capability analysis does NOT depend on
Developing and evaluation solutions to reduce the gap between desired process performance and current performance is the final step in the six sigma DMAIC approach for process improvement
Departments within a stage 2 organization may exhibit a stage 3 orientation, thereby upgrading the organization to a step 3 categorization
Which of the following is FALSE about Quality Function Deployment (QFD)?
Defects per million opportunities (DPMO) and Process Sigma are the most important tools for the Measure Phase of Six Sigma
In this stage of operational effectiveness, organizations use core capabilities residing in the operations area to obtain a sustainable competitive advantage

LIBERTY BUSI 650 Week 6 Quiz 3 (THREE DIFFERENT VERSIONS) latest

LIBERTY BUSI 650 Week 6 Quiz 3 (THREE DIFFERENT VERSIONS) latest

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BUSI 650 Week 6 Quiz 3 (THREE DIFFERENT VERSIONS) latest

LIBERTY BUSI 650 Week 6 Quiz 3 latest

LIBERTY BUSI 650 Week 6 Quiz 3 latest

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BUSI 650 Week 6 Quiz 3 latest

A diagram where the physical flows of the parts are mapped onto the shop floor is referred to as muda
The objective of feeding buffers is to ensure that non-critical chains are completed so that they do not delay tasks on the critical chain
Project charters should contain some level of information regarding which of the following elements:
Which of the following is NOT a direct benefit of lean
An event is a series of connected activities from the start to the finish of the project
When workers receive approval for a task based on inflated time estimate, they may perceive that they now have plenty of time to complete the task and therefore delay starting the task. What has this concept been called
The project life cycle typically has a stretched-s or an exponential form
Which of the following terms provides the basis for the project schedule, often formatted as a project Gantt chart?
Which of the following statement(s) concerning probabilities of completion is/are incorrect
The optimistic time is the amount of time the project will take under the worst-case scenario
The amount of flexibility the project manager has in terms of starting and completing an activity is referred to as its
The step in the 5s approach in which unnecessary steps are eliminated is called
Which of the following is NOT one of the seven categories of waste or muda
A patient diagnosis is an example of what type of activity?
All of the following are important outputs of project scheduling, EXCEPT
Favorable variances do not require corrective action or further investigation; only unfavorable variances in performance
Key aspects of the theory of constraints include identifying the bottlenecks in the process and balancing the work flows in the system
Takt time is calculated as
Which of the following is/are (a) primary tenet(s) in the Japanese work systems
Duration of critical path – path duration = __________?
According to Goldratt, to complete a project on time, the highest priority should be given to the
In traditional approaches to production, preventive maintenance is also common.
Which of the following project categories typically seeks the development of a latest generation of outputs?
The goal of single minute exchange of die is to reduce setup times to less than 10 minutes.
Pursuing perfection in lean organizations involves which of the following tools?

LIBERTY BUSI 650 Week 7 Quiz 4 latest

LIBERTY BUSI 650 Week 7 Quiz 4 latest

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BUSI 650 Week 7 Quiz 4 latest

The __________ plan is a preliminary, approximate schedule of an organization’s overall operations that will satisfy the demand forecast at minimum cost
Which of the following is FALSE about supply chains
The inventory turnover is calculated using the annual cost of goods sold and the aggregate inventory value on average.
Which of the following statements about Supply Chain Management (SCM) is correct
It is not unusual for fire departments to use “slack months” for building inspections, conducting prevention programs and giving talks as a way to have anticyclic outputs
Assume that Company F produces a variety of smart phones sequentially on three machines. The times required on each machine for one typical racket are as follows: M1: 3 minutes M2: 8 minutes, M3: 2 minutes, M4: 5 minutes. The throughput time for a smart phone is
Purchasing tends to follow three practices; which of the following is NOT one of them
In order to leverage the location decision to enhance the development of long-term capabilities, the first step is to
Which of the following are measures of capacity in terms of outputs and inputs produced for the corresponding production system
Which of the following is/are (a) technique(s) used for increasing short-run capacity
Logistics includes the responsibility for acquiring the goods and services the organization needs, by any means
Efficiency is defined as input divided by output.
In planning the long-term capacity of an operation, one should take into account:
Obtaining lower unit costs through the use of larger facilities is called economies of scope.
The first step to enhance the development of long-term capabilities is to identify potential locations.
Organizations that process natural or basic resources as raw materials or other essential inputs to obtain their outputs will locate near their resources if one of the following conditions holds:
Yield management, also known as revenue management is the amount of output of acceptable quality emerging from a production system compared with the amount that entered it.
__________ means deciding which jobs to assign to which work centers.
When a resource is scheduled as if it had unlimited capacity to handle any and all jobs, its schedule is called
Logistics consist(s) of the following, EXCEPT:
Under sole-sourcing arrangements, customers involve suppliers from the design stage, asking for larger deliveries of higher quality items in large batches that enable greater savings.
__________ inventories exist because materials must be moved from one location to another.
Yield or revenue management would NOT be so appropriate if which of the following circumstances is present?
In locating pure services, which of the following measures are recommended in the literature on health clinics and can be used for trial-and-error procedures?
The cycle time of the process is the reciprocal of the output rate.