UNIVERSITY OF ALABAMA
OM 300 CHILCUTT FINAL
EXAM
1. Question:
What is the primary goal of operations management?
Answer:
To efficiently transform inputs (materials, labor, capital) into outputs (goods and
services) to meet customer demand while maximizing value and minimizing cost.
2. Question:
Which forecasting method is best for short-term demand with consistent historical
patterns?
A. Delphi Method
B. Moving Average
C. Regression Analysis
D. Linear Programming
Answer:
B. Moving Average
3. Question:
What is the formula for Economic Order Quantity (EOQ)?
,Answer:
EOQ = √(2DS / H)
Where:
D = Demand
S = Setup or ordering cost
H = Holding or carrying cost
4. Question:
In a Gantt chart, what does the horizontal bar represent?
Answer:
It represents the duration of a task or activity over time.
5. Question:
What is the critical path in a project network?
Answer:
The longest path through the network that determines the shortest possible project
duration.
6. Question:
Which of the following is not a type of inventory?
A. Raw materials
B. Work-in-progress (WIP)
C. Capital equipment
D. Finished goods
Answer:
, C. Capital equipment
7. Question:
What is Kaizen in lean manufacturing?
Answer:
A philosophy of continuous, incremental improvement involving all employees.
8. Question:
What is the main purpose of statistical process control (SPC)?
Answer:
To monitor and control a process to ensure that it operates at its full potential and
produces conforming products.
9. Question:
Which layout strategy is best for high-variety, low-volume production?
A. Process layout
B. Product layout
C. Fixed-position layout
D. Cellular layout
Answer:
A. Process layout
10. Question:
If a firm wants to reduce variability in production and increase quality, what tool
would be most useful?
A. Pareto Chart
B. Control Chart
OM 300 CHILCUTT FINAL
EXAM
1. Question:
What is the primary goal of operations management?
Answer:
To efficiently transform inputs (materials, labor, capital) into outputs (goods and
services) to meet customer demand while maximizing value and minimizing cost.
2. Question:
Which forecasting method is best for short-term demand with consistent historical
patterns?
A. Delphi Method
B. Moving Average
C. Regression Analysis
D. Linear Programming
Answer:
B. Moving Average
3. Question:
What is the formula for Economic Order Quantity (EOQ)?
,Answer:
EOQ = √(2DS / H)
Where:
D = Demand
S = Setup or ordering cost
H = Holding or carrying cost
4. Question:
In a Gantt chart, what does the horizontal bar represent?
Answer:
It represents the duration of a task or activity over time.
5. Question:
What is the critical path in a project network?
Answer:
The longest path through the network that determines the shortest possible project
duration.
6. Question:
Which of the following is not a type of inventory?
A. Raw materials
B. Work-in-progress (WIP)
C. Capital equipment
D. Finished goods
Answer:
, C. Capital equipment
7. Question:
What is Kaizen in lean manufacturing?
Answer:
A philosophy of continuous, incremental improvement involving all employees.
8. Question:
What is the main purpose of statistical process control (SPC)?
Answer:
To monitor and control a process to ensure that it operates at its full potential and
produces conforming products.
9. Question:
Which layout strategy is best for high-variety, low-volume production?
A. Process layout
B. Product layout
C. Fixed-position layout
D. Cellular layout
Answer:
A. Process layout
10. Question:
If a firm wants to reduce variability in production and increase quality, what tool
would be most useful?
A. Pareto Chart
B. Control Chart
