BUAD 341 Exam 3 questions with verified answers. Latest update with guaranteed pass

1




BUAD 341 Exam 3 questions with verified answers.
Latest update with guaranteed pass
According to the theory of constraints, what is the goal for a profit organization?

A. produce quality products

B. purchase raw materials at low cost

C. produce in big quantities

D. make money - (answer)D. make money



According to the theory of constraints, we should maximize output at every step
of the system.

A. True

B. False - (answer)B. False



A constraint is? - (answer)variable where significant improvement in local
performance causes a significant improvement in global performance.



A bottle neck is? - (answer)any resource whose capacity is LESS than the demand
placed on it.



Which step(s) are bottlenecks if the demand is 8units/hr?



Step 1= 10 units/hr

, 2


Step 2= 6 units/hr

Step 3= 7 units/hr

Step 4= 12 units/hr - (answer)Step 2 and 3



Which step is a constraint?



Step 1= 10 units/hr

Step 2= 6 units/hr

Step 3= 7 units/hr

Step 4= 12 units/hr - (answer)Step 2



How many units/hr is the capacity of the whole system?

capacity=constraint



Step 1= 10 units/hr

Step 2= 6 units/hr

Step 3= 7 units/hr

Step 4= 12 units/hr - (answer)6 units/hr



What is the bottleneck time of the system?



Step 1= 10 units/hr