OSC 3050 Exam 2 with all Correct & 100% Verified
Answers |Latest Version |Already Graded A+
When assessing the completion of a project against a particular time point (e.g. finishinga
project in 25 days), it is necessary to know which of the following?
A. the mean and standard deviation of every activity's task times in a project
B. the mean and standard deviation of activities' task times only on the critical path
C. each activity's average task time
D. the distribution of critical path activities' task times ✔Correct Answer-A - the mean and
standard deviation of every activity's task times in a project
Using average task times to find critical path(s) in a project assumes:
A. Activity times follow a normal distribution
B. Exact, certain time durations for each activity
C. High levels of uncertainty in resource availability
D. Probabilistic time durations for each activity ✔Correct Answer-B - Exact, certain time
durations for each activity
Delaying customization of a product (e.g. color of a shirt) is called postponement in thesupply
chain management context. Which one of the following can be a postponementtechnique?
A. Old Navy dies khakis pants in different colors at the local distribution centers.
B. Dell designs generic laptop casings before the specific configuration of a particularlaptop is
set.
C. Toyota dealers put the accessories on cars only when customers ask for them.
D. All of the above ✔Correct Answer-D - All of the above
Which of the following is a benefit of using supply chain management?
A. increase total number of shipments
B. decrease the total profit along a supply chain
C. instigate heavy competition between supply chain members
D. totally diminish all lead times
E. balance between stock-outs and holding excessive inventory ✔Correct Answer-E - balance
between stock-outs and holding excessive inventory
Which one of the following is correct about Supply Chain Management?
A. Every business is part of at least one supply chain.
B. Frequent deliveries of small shipments can reduce the average inventory but also resultin an
increase in the transportation costs.
C. The goal of supply chain management is to match supply with demand for allorganizations
that are part of the chain.
D. Bullwhip effect can be reduced by facilitating demand information sharing amongsupply
chain members.
Answers |Latest Version |Already Graded A+
When assessing the completion of a project against a particular time point (e.g. finishinga
project in 25 days), it is necessary to know which of the following?
A. the mean and standard deviation of every activity's task times in a project
B. the mean and standard deviation of activities' task times only on the critical path
C. each activity's average task time
D. the distribution of critical path activities' task times ✔Correct Answer-A - the mean and
standard deviation of every activity's task times in a project
Using average task times to find critical path(s) in a project assumes:
A. Activity times follow a normal distribution
B. Exact, certain time durations for each activity
C. High levels of uncertainty in resource availability
D. Probabilistic time durations for each activity ✔Correct Answer-B - Exact, certain time
durations for each activity
Delaying customization of a product (e.g. color of a shirt) is called postponement in thesupply
chain management context. Which one of the following can be a postponementtechnique?
A. Old Navy dies khakis pants in different colors at the local distribution centers.
B. Dell designs generic laptop casings before the specific configuration of a particularlaptop is
set.
C. Toyota dealers put the accessories on cars only when customers ask for them.
D. All of the above ✔Correct Answer-D - All of the above
Which of the following is a benefit of using supply chain management?
A. increase total number of shipments
B. decrease the total profit along a supply chain
C. instigate heavy competition between supply chain members
D. totally diminish all lead times
E. balance between stock-outs and holding excessive inventory ✔Correct Answer-E - balance
between stock-outs and holding excessive inventory
Which one of the following is correct about Supply Chain Management?
A. Every business is part of at least one supply chain.
B. Frequent deliveries of small shipments can reduce the average inventory but also resultin an
increase in the transportation costs.
C. The goal of supply chain management is to match supply with demand for allorganizations
that are part of the chain.
D. Bullwhip effect can be reduced by facilitating demand information sharing amongsupply
chain members.
