Points 50
Questions 50
Time Limit 720 Minutes
Instructions
Final Exam
[WLO: 3] [CLOs: 1, 2, 3, 4, 5]
Complete the exam, which will take approximately two hours but you have 12 hours
available. This exam will be open-book. The exam consists of multiple-choice and true
or false questions and is worth 20% of your course grade.
Click on the Take the Quiz button when you are ready to start this exam. When
finished, click on Submit Quiz.
Question 1
pts
A project’s completion time variance is calculated by?
Correct!
Summing the variances of the critical path activities
Multiplying the variances of all of the project activities
Summing the variances of all of the project activities
Multiplying the variances of the critical path activities
Question 2
, pts
Forecasting demand and translating that forecast into desired levels of purchasing,
production, and distribution activities is part of which of the eight key supply chain
processes?
Correct!
Demand management
Customer service management
Customer relationship management
Manufacturing flow management
Question 3
pts
A firm releases a new product that is unexpectedly very popular. It is likely that the firm
will have to rely on which type of inventory function?
Transportation
Cycle
Hedge
Correct!
Safety stocks
Question 4
pts
, The set of task descriptions for a project is known as a(n)?
Bill of materials
You Answered
Task listing
Activity diagram
Work breakdown structure
Question 5
pts
Activities on the critical path have slack times of?
You Answered
Cannot be determined from the information given
0
>1
1
Question 6
pts
The ISO standard associated with quality management is?
Correct!
ISO 9000