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OIS 3660 Final Exam 2026 (200 Questions) – Operations Management, Little’s Law, EOQ & Supply Chain

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This document contains approximately 200 exam-style questions with verified answers for the OIS 3660 Final Exam, focusing on core operations management concepts and quantitative problem-solving. It covers key topics such as process analysis, Little’s Law applications, inventory management (EOQ, reorder point, safety stock), forecasting methods (MAD, MSE, MAPE), supply chain strategies, and capacity utilization. It also includes practical case-based insights from simulations like Littlefield and concepts from The Goal by Eliyahu M. Goldratt, reinforcing both theoretical understanding and real-world application. The material is highly relevant for students enrolled in Operations Management, Supply Chain Management, Business Analytics, and Industrial Engineering courses. It is particularly useful for courses such as Process Analysis, Lean Operations, Inventory Systems, and Decision Modeling. This document aligns with widely used textbooks such as Operations Management by William J. Stevenson and The Goal by Eliyahu M. Goldratt, making it an excellent supplementary resource for mastering analytical and strategic concepts. This resource is ideal for undergraduate business students, MBA students, and professionals preparing for final exams or certifications in operations and supply chain management. It is especially beneficial for learners seeking to strengthen quantitative reasoning, improve problem-solving skills, and gain a deeper understanding of efficiency, process optimization, and demand variability in real-world business environments. Keywords: operations management exam prep, Little law, EOQ model, reorder point, safety stock, supply chain management, forecasting methods, MAD MSE MAPE, process analysis, capacity utilization, lean operations, inventory control, demand variability, newsvendor model, double marginalization, revenue sharing, postponement strategy, takt time, quality control, process capability

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Institution
OIS 3660
Course
OIS 3660

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OIS 3660 Final 2026 Exam
Questions and Correct Answers |
New Update


How many different types of machines are there in the Littlefield Simulation

(not "number" of machines, but number of types of machines)? - 🧠

ANSWER ✔✔3


A chef at Benihana can best be described as: - 🧠 ANSWER ✔✔an

entertainer or resource

,According to the NewYorker article you read for the Intermountain

Healthcare case discussion, Checklists... - 🧠 ANSWER ✔✔...can be

extremely benificial for a healthcare setting

At the beginning of the book the Goal, Alex Rogo, the main character, is

facing: - 🧠 ANSWER ✔✔A plant that is not running smoothly and a

crumbling marriage


What is the name of the main character in The Goal? - 🧠 ANSWER ✔✔Alex

Rogo

If your last visit to your favorite Zara store was 3 months ago, and you walk

into this store today, then you are most likely going to find... - 🧠 ANSWER

✔✔A refreshed assortment of clothes (many new items)


If the processing times in Littlefield are 0.1 day for each of the four process

steps, and the specified lead time is 0.5 days, and we are dealing with quite

some variability both in demand and in processing times, then: - 🧠

ANSWER ✔✔We need to make sure we have enough capacity to ensure

we can meet a 0.5 day throughout time (it is possible since the sum of the

process times at the 4 process steps is 0.4 days).

, Operations processes use "resources" to transform inputs into outputs.

Which of these is a "resource" for a restaurant? - 🧠 ANSWER ✔✔Waiters


Which of the following facilities generally requires the least skilled and most

repetitive labor? - 🧠 ANSWER ✔✔Line Flow


Which of the following restaurants most resembles a Flow Shop? - 🧠

ANSWER ✔✔McDonald's ("pre-made" fast food)


As a product matures in its life-cycle, the production process typically

moves down the product-process spectrum, toward the end represented by

a: - 🧠 ANSWER ✔✔Flow shop


Caterpillar's December 31st, 1998 balance sheet shows accounts

receivable of approximately $2.5 billion, accounts payable of approximately

$4.0 billion, and an inventory of approximately $3.0 billion. Their 1998

income statement shows Cost of Good Sold (COGS) of approximately $15

billion, sales of approximately $20 billion, and operating costs of

approximately $18 billion. What is Caterpillar's annual turnover rate of their

inventory? Assume a year has 360 days. - 🧠 ANSWER ✔✔5




(COGS/Inventory)

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