Exam Coverage
Exam coverage for OPMA 3306 Exam 2 includes intermediate
operations and production management concepts used in business
process analysis and decision-making. It focuses on inventory
management models (EOQ, reorder points), forecasting techniques,
capacity planning, and aggregate planning. The exam also evaluates
understanding of production scheduling, supply chain coordination,
quality management tools, and process improvement methods such as
Lean and Six Sigma.
Emphasis is placed on applying quantitative and analytical methods to
improve operational efficiency, optimize resources, reduce costs, and
,support effective decision-making in manufacturing and service
environments. 📊📘
The point at which the scale economy curve and the learning curve
intersect is called the capacity optimum.
T/F
FALSE
(Capacity optimum is a meaningless term not referenced in the text.)
,The unit improvement factor for a 60% learning curve at 25 units is
0.0933. The first and second timings of a person doing a job are 10
minutes and 6 minutes respectively. The learning-adjusted time
estimate for the unit number 25 is 0.9330 minutes.
T/F
Learning curve rate = 60% = 0.6
Unit improvement factor at 25 units = 0.0933
Time required for 1st unit = 10 minutes
The unit time for the nth unit can be calculated using learning curve
formula as follows:
, Tn = T1 x C
T1 = time required for first unit
Tn = time required for nth unit
C = unit improvement factor
T25 = T1 x C = 10 x 0.0933 = 0.9330 minute
TRUE