OPS 571 Final Exam University of Phoenix Summer 2022 SOLUTION 100% CORRECT GUARANTEED GRADE A+

We would expect to see which of the following in an MRP system's inventory status file? • Labor efficiency • End items produced • Late/early delivery records • Scrap parts 2 A project starts out as which of the following? • Critical path method (CPM) • A statement of work • A latest-start-time estimate • A series of milestones 3 In setting up a kanban control system you need to determine the number of kanban card sets needed. If the expected demand during lead time is 25 per hour, the safety stock is 20 percent of the demand during lead time, the container size is 5, and the lead time to replenish an order is 5 hours, what the number of kanban card sets is needed? • 30 • 20 • 5 • 27 4 Which of the following is a multifactor measure of productivity? • Output/(Labor + Capital + Energy) • Output/Inputs • Output/All resources used • Output/(Materials) 5 Assuming no safety stock, what is the reorder point (R) given an average daily demand of 78 units and a lead time of 3 days? • 78 • 234 • 26 • 421 6 A major competitive dimension that forms a company's strategic operational competitive position in their strategic planning is which of the following? • Focus • Automation • Straddling • Cost or price 7 There are many applications of poka-yokes in service organizations. Which of the following is one of the three-T's used to classify poka-yokes? • Task • Time • Trust • Teamwork 8 You are a consultant called in to estimate the costs after the employees learn how to do a job more efficiently by repetition of new product. You find a company can produce a product the first time at a cost of $5,000. If their 90 percent learning curve allows them to reduce their costs on each unit, what is the total cost of producing 100 units of the new product? • $500,000 • $290,700 • $250,687 • $390,000 9