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ISDS 3115 exam 1 Questions With Complete Solutions

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ISDS 3115 exam 1 Questions With Complete Solutions

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ISDS 3115 exam 1 Questions With Complete Solutions

. A simple CPM network has five activities, A, B, C, D, and E.
A is an immediate predecessor of C
and of D. B is also an immediate predecessor of C and of D. C
and D are both immediate
predecessors of E. Correct Answers there are 4 paths in this
network

A business's stakeholders, whose conflicting perspectives cause
ethical and social dilemmas Correct Answers lenders
b. suppliers
c. owners
d. employees
e. all of the above

A firm can effectively use its operations function to yield
competitive advantage via all of the
following except Correct Answers setting equipment utilization
goals below the industry average

a global network of organizations and activities that supply a
firm with goods and services is a Correct Answers supply chain

a large % of the revenue of most firms is spent on which
function? Correct Answers operations

a network has been crashed to the point where all the are
activities critical. Additional crashing: Correct Answers may
require crashing multiple tasks simultaneously

,A project organization Correct Answers is formed to ensure
that programs (projects) get proper management and attention
is effective for companies with multiple large projects

a project organization that becomes permanent is called Correct
Answers matrix organization

A simple CPM network has three activities, A, B, and C. A is an
immediate predecessor of B and
of C. B is an immediate predecessor of C. The activity durations
are A=4, B=3, C=8. Correct Answers The critical path is A,B,C
: duration: 15

According to the authors, which of the following strategic
concepts allow firms to achieve their
missions? Correct Answers differentiation, cost leadership and
quick response

Activity D on a CPM network has predecessors B and C, and
has successor F. D has duration 6. B's
earliest finish is 18, while C's is 20. F's late start is 26. Which of
the following is true? Correct Answers d is critical and has zero
slack

Activity M on a CPM network has predecessors N and R, and
has successor S. M has duration 5.
N's late finish is 18, while R's is 20. S's late start is 14. Which of
the following is true? Correct Answers The last start time of S
is impossible.

, All of the following decisions fall within the scope of operations
management except for Correct Answers financial analysis

Among the ethical and social challenges facing operations
managers are Correct Answers honoring community
commitments
b. maintaining a clean environment
c. efficiently developing and producing safe quality products
d. providing a safe workplace
e. all of the above

Among the ethical and social challenges facing operations
managers are Correct Answers maintaining a clean
environment

An operations manager is not likely to be involved in Correct
Answers the identification of customers' wants and needs

An operations task performed at Hard Rock Café is Correct
Answers d. preparing employee schedules

At Hard Rock Café, tasks that reflect operations or operations
management include Correct Answers a. designing meals
b. testing meals (recipes)
c. analyzing meals for the cost of ingredients
d. preparing employee schedules
e. all of the above****

Budgeting, paying the bills, and collection of funds are activities
associated with the Correct Answers finance/accounting
function

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