Page | 1
UNIVERSITY OF ALABAMA OM 300
CHILCUTT FINAL EXAM BRAND NEW
OFFICIAL QUESTIONS WITH ANSWERS.
In Control & Out of Control Patterns - correct answer -If its outside
of the limits then its out of control.
Location strategies for manufacturing vs service - correct answer -
Service Location Strategy
While the focus in industrial-sector location analysis is on
minimizing cost, the focus in the service sector is on maximizing
revenue
Clustering - correct answer -the location of competing companies
near each other, often because of a critical mass of information,
talent, venture capital, or natural resources
Kereitsu network - correct answer -a business network made up
of different companies, including manufacturers, supply chain
partners, distributors, and occasionally financiers.
, Page | 2
Bottleneck - correct answer -the limiting factor or constraint in a
system
Bullwhip - correct answer -The increasing fluctuation in orders
that often occurs as orders move through the supply chain
Ergonomics - correct answer -the study of the human interface
with the environment and machines
The Visual Workplace - correct answer -uses a variety of visual
communication techniques to rapidly communicate information to
stakeholders
Functions of Inventory - correct answer -1. To provide a selection
of goods for anticipated demand and to separate the firm from
fluctuations in demand
2. To decouple or separate various parts of the production
process
3. To take advantage of quantity discounts
4. To hedge against inflation
UNIVERSITY OF ALABAMA OM 300
CHILCUTT FINAL EXAM BRAND NEW
OFFICIAL QUESTIONS WITH ANSWERS.
In Control & Out of Control Patterns - correct answer -If its outside
of the limits then its out of control.
Location strategies for manufacturing vs service - correct answer -
Service Location Strategy
While the focus in industrial-sector location analysis is on
minimizing cost, the focus in the service sector is on maximizing
revenue
Clustering - correct answer -the location of competing companies
near each other, often because of a critical mass of information,
talent, venture capital, or natural resources
Kereitsu network - correct answer -a business network made up
of different companies, including manufacturers, supply chain
partners, distributors, and occasionally financiers.
, Page | 2
Bottleneck - correct answer -the limiting factor or constraint in a
system
Bullwhip - correct answer -The increasing fluctuation in orders
that often occurs as orders move through the supply chain
Ergonomics - correct answer -the study of the human interface
with the environment and machines
The Visual Workplace - correct answer -uses a variety of visual
communication techniques to rapidly communicate information to
stakeholders
Functions of Inventory - correct answer -1. To provide a selection
of goods for anticipated demand and to separate the firm from
fluctuations in demand
2. To decouple or separate various parts of the production
process
3. To take advantage of quantity discounts
4. To hedge against inflation
