Busi 411
Liberty University
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BUSI 411 Exam 4 - Operations Management - Question and Answers
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---5september 20222022/2023A+
- BUSI 411 Exam 4 - Operations Management 
1. The Operations Manager for Shadyside Savings & Loan orders cash from her home office for her very popular "BIG BUCKS" automated teller machine, which only dispenses $100 bills. She estimates that this machine dispenses an average of 12,500 bills per month, and that carrying a bill in inventory costs 10 percent of its value annually. She knows that each order for these bills costs $300 for clerical and armored car delivery costs, and that order lead t...
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BUSI 411 Exam 4 - Question and Answers
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---10september 20222022/2023A+
- BUSI 411 Exam 4 
1. Everything else being equal, a firm considering outsourcing would find all of the following desirable except: 
2. The maximum possible output given a product mix, scheduling difficulties, personal time, and so on is: 
3. Which of the following is not a reason why capacity decisions are so important? 
4. Which of the following would tend to reduce effective capacity? 
5. Students at a major university must go through several registration steps. Officials have observed th...
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BUSI 411 Exam 2 - Operations Management - Question and Answers
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---6september 20222022/2023A+
- BUSI 411 Exam 2, Operations Management 
1. Which of the following is a key question in capacity planning? 
2. Utilization is defined as the ratio of: 
3. Given the following information, what would utilization be? 
4. An alternative will have fixed costs of $10,000 per month, variable costs of $50 per unit, and revenue of $70 per unit. The break-even point volume is: 
5. A Virginia county is considering whether to pay $50,000 per year to lease a prisoner transfer facility in a prime locat...
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BUSI 411 Exam 3 - Operations Management with Answers
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---5september 20222022/2023A+
- BUSI 411 Exam 3, Operations Management 
1. Cause-and-effect diagrams are sometimes called: 
2. Deciding how much to invest in the prevention of defects can be analyzed using: 
3. The tool that is useful in the collection and organization of data is a: 
4. Giving workers responsibility for quality improvements and authority to make changes is known as: 
5. When an organization comes to the realization that there are quality problems in products that are already in service, ethical approaches i...
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BUSI 411 Exam 3 - Question and Answers
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---7september 20222022/2023A+
- BUSI 411 Exam 3 
1. Which of the following principles emphasizes that actions should make the community as a whole better off? 
2. Which of the following is not an ongoing trend in manufacturing? 
3. A "product package" consists of: 
4. In addition to operations, which of the following is considered a "line" function? 
5. Business organizations consist of three major functional areas which, ideally: 
6. An organization's mission statement serves as the basis for: 
7. Which of the following ...
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