Operations Management

Solution Library


Finding Critical Path For Activity

QuestionUsing the table below, which activity is on the critical path? Time (weeks) Activity Immediate Predecessor(s) Most Optimistic Most Likely Most Pessimistic A --- 2 4 6 B --- 1 4 7 ... Read More

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Key Decisions For Building Effective Process Design

QuestionSeveral key decisions must be made in building an effective process design. Which one of the following best identifies them?Summary The short answer question belongs to Operations Management and it is about the key decisions to be made in building an effective process design. Total Word Cou ... Read More

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Time For Preferring Job Process

QuestionA job process should be preferred when:Summary The short answer question belongs to Operations Management and it is about the time when job process to be preferred. Total Word Count NA ... Read More

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Product Process Matrix For Analysis

QuestionThe product-process matrix used to analyze manufacturing operations brings together the elements of:Summary The short answer question belongs to Operations Management and it is about product process matrix used for analyzing manufacturing operations.Total Word Count NA ... Read More

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Statements About Resource Flexibility Is Best

QuestionWhich of the following statements regarding resource flexibility is best?Summary The short answer question belongs to Operations Management and it discuses about statements regarding  resource flexibility at its best.Total Word Count NA ... Read More

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Time It Takes To Finish An Activity

QuestionAssume that activity G has the following times:Early start time = 7 daysEarly finish time = 13 daysLate start time = 15 daysLate finish time = 21 daysWhich of the following statements is TRUE about activity G? Summary The short answer question belongs to Operations Management and it discus ... Read More

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Non-Value Adding Activity For A Car Manufacturer

Question1. To which category of quality costs would the cost of warranties and replacements belong?A. Prevention costsB. Appraisal costsC. Internal failure costsD. External failure costs2. In a car manufacturing environment, which one of the following activities is a non-value adding activity?A. Att ... Read More

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Features Of Lean Product Development And Reasons For Failure To Adopt Activity Based Costing System

Question1. Which of the following are important features of ‘lean product development’ as practised in the ‘Toyota Production System’?I. Reduce reliance on people and cut costs through automationII. Standardize design, processes and people skillsIII. Make problems visible by ... Read More

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Volume-based Measures Used For Applying Overhead Costs

QuestionVolume-based measures may be used for applying overhead costs. When is this approach not satisfactory?A. Where overhead costs are trivial in amountB. Where overhead costs are driven by the number of production set-upsC. Where volume-based measures give the same product cost outcomes as activ ... Read More

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Time Driven Activity Based Costing

QuestionWhich of the following statements in relation to time-driven activity-based costing (TDABC) are correct?I. Time equations may be used for changing the complexity of transactions instead of separate activity classification to simplify the system.II. TDABC generates a geometric expansion of av ... Read More

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Target Cost And Cost Reduction To Achieve Target Cost

QuestionCristal Pty Ltd has decided to use target costing for all new products.The following data is available for a new product currently under consideration:Estimated sales volume                          ... Read More

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Solving Problems Arising Out Of Lean System Based On Toyota Production System

QuestionA company with three production lines is trying to implement a lean system based on the Toyota Production System. There have been a large number of quality issues arising over the past month and the company wants its employees to immediately address issues as they arise, rather than waiting ... Read More

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