QMB3200 MIDTERM 2026 NEWEST EXAM
COMPLETE 50 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
ALREADY GRADED A+ BRAND NEW!!
__________ is a style of project network diagram in which arrows represent tasks and their
connections with nodes represent precedence relationships. - CORRECT ANSWER: AOA
___________ cost is cost incurred regardless of the volume of associated activity. - CORRECT
ANSWER: Fixed
________is a degree to which a task may be delayed from its early start without delaying the
project. - CORRECT ANSWER: Slack
A term used to describe agile project management process team meetings is? - CORRECT
ANSWER: scrum
All of the following are disadvantages of a conservative capacity strategy EXCEPT - CORRECT
ANSWER: competitors have less incentive and opportunity to enter the marketplace.
Among the supply chain frameworks that companies may use for reference, metrics, and
standardization, the SCOR model generally works best for? - CORRECT ANSWER: tangible
goods providers
An ability that distinguishes a business from its competitors is a - CORRECT ANSWER: core
competency
Averaging forecast errors over time results in the performance measure known as *****? -
CORRECT ANSWER: mean error
, Calculating a regression equation for a given set of data identifies the specific values of ____ -
CORRECT ANSWER: the slope and intercept
Capacity can refer to a single machine or to an entire supply chain network - CORRECT
ANSWER: True
CHAPTER 7&9 - CORRECT ANSWER:
Chicago's new city buses are intended to hold 60 people. This is a measurement of the ________
of the buses. - CORRECT ANSWER: design capacity
Drawing an AON network requires representing each activity as a standard shape and joining
these shapes with arcs indicating _______. - CORRECT ANSWER: precedence relationships
Effective capacity of a system is expected to be more than its design capacity - CORRECT
ANSWER: false
Frank works for a paper company that supplies paper to greeting card manufacturers. In this
scenario, his company participates in ___________ sales. - CORRECT ANSWER: B2B
In a time series, what is a black swan? - CORRECT ANSWER: a particularly high-impact
incident of extreme consequence that is unexpected or considered highly improbable
In the business world, a legal obligation known as ____________ is made when _____________
is accepted between two capable parties. - CORRECT ANSWER: a contract; an offer
In the M/M/1 model, ____________ represents the average number of services that can be
completed in a designated time interval. - CORRECT ANSWER: u
COMPLETE 50 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
ALREADY GRADED A+ BRAND NEW!!
__________ is a style of project network diagram in which arrows represent tasks and their
connections with nodes represent precedence relationships. - CORRECT ANSWER: AOA
___________ cost is cost incurred regardless of the volume of associated activity. - CORRECT
ANSWER: Fixed
________is a degree to which a task may be delayed from its early start without delaying the
project. - CORRECT ANSWER: Slack
A term used to describe agile project management process team meetings is? - CORRECT
ANSWER: scrum
All of the following are disadvantages of a conservative capacity strategy EXCEPT - CORRECT
ANSWER: competitors have less incentive and opportunity to enter the marketplace.
Among the supply chain frameworks that companies may use for reference, metrics, and
standardization, the SCOR model generally works best for? - CORRECT ANSWER: tangible
goods providers
An ability that distinguishes a business from its competitors is a - CORRECT ANSWER: core
competency
Averaging forecast errors over time results in the performance measure known as *****? -
CORRECT ANSWER: mean error
, Calculating a regression equation for a given set of data identifies the specific values of ____ -
CORRECT ANSWER: the slope and intercept
Capacity can refer to a single machine or to an entire supply chain network - CORRECT
ANSWER: True
CHAPTER 7&9 - CORRECT ANSWER:
Chicago's new city buses are intended to hold 60 people. This is a measurement of the ________
of the buses. - CORRECT ANSWER: design capacity
Drawing an AON network requires representing each activity as a standard shape and joining
these shapes with arcs indicating _______. - CORRECT ANSWER: precedence relationships
Effective capacity of a system is expected to be more than its design capacity - CORRECT
ANSWER: false
Frank works for a paper company that supplies paper to greeting card manufacturers. In this
scenario, his company participates in ___________ sales. - CORRECT ANSWER: B2B
In a time series, what is a black swan? - CORRECT ANSWER: a particularly high-impact
incident of extreme consequence that is unexpected or considered highly improbable
In the business world, a legal obligation known as ____________ is made when _____________
is accepted between two capable parties. - CORRECT ANSWER: a contract; an offer
In the M/M/1 model, ____________ represents the average number of services that can be
completed in a designated time interval. - CORRECT ANSWER: u
