Week 5 Final Exam: Open-Book Knowledge Check Guide

Week 5 - Final Exam  Due Mar 5 at 12:59am  Points 50  Questions 50  Time Limit 720 Minutes  Allowed Attempts Unlimited Instructions

Final Knowledge Check [WLO: 3] [CLOs: 1, 2, 3, 4, 5] Prior to taking your final exam, review the assigned Chapters of your textbook for this week along with the resources in all weeks of the course. This is an open-book exam. The exam contains 50 multiple-choice and true or false questions and is worth 20% of your course grade. The exam will take approximately 2 hours to complete. You will have 12 hours to complete the quiz, and it must be taken in one sitting. You will have unlimited attempts to take this exam. Take the Quiz Again Attempt History

Attempt Time Score KEPT Attempt 2 81 minutes 50 out of 50 LATEST Attempt 2 81 minutes 50 out of 50 Attempt 1 720 minutes 0 out of 50 Correct answers are hidden. Score for this attempt: 50 out of 50 Submitted Feb 29 at 1:56pm This attempt took 81 minutes. Question 1 1 / 1 pts The air mode of transportation is ideal when ______. the delivery speed or reliability is critical the goods to be transported have a low value-to-weight ratio the quantity of goods to be transported is high the goods to be transported are hazardous in nature Question 2 1 / 1 pts A prerequisite for setting up a Kanban control system is ______. determining the number of Kanban cards and containers determining the design of Kanban cards

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determining whether the Kanban card is going to be used with MTO or ETO determining the color of Kanban cards Question 3 1 / 1 pts Temporal aggregation ______. will reduce transportation costs will increase the firm’s responsiveness will eliminate the need for quality control will increase the need for cross-docking Question 4 1 / 1 pts Lean concepts were used ______. in 1776 by Adam Smith in the early 1900s by Henry Ford during the Industrial Revolution

to help win World War II Question 5 1 / 1 pts The unreasonable work managers impose on people and machines because of the poor design of systems is known as ______. muri mura muda poka yoke Question 6 1 / 1 pts The lean philosophy is characterized by ______. pull push assemble-in-anticipation-of-order engineer-in-anticipation-of-order

Question 7 1 / 1 pts In comparison to other modes of transportation, motor carriers ______. are safer provide more flexibility are faster for long distances are much more expensive Question 8 1 / 1 pts The determination of capacity to meet demand is done through ______. finding the right market establishing the right price designing the product appropriately capacity planning Question 9 1 / 1 pts Lean operations ______.

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include just-in-time (JIT) practices is a philosophy of radical improvement benefit all employees in an organization are easy to implement in a global supply chain Question 10 1 / 1 pts Integrated logistics management (ILM) refers to ______. a computer system that integrates ordering, transportation, and warehousing of supplies of raw materials the practices used to ensure a continuous and uninterrupted flow of materials and products from suppliers to manufacturers to the final consumers mechanisms by which government regulations can be circumvented infinitely low-cost management techniques Question 11 1 / 1 pts The primary impact of poorly developed global capacity plans is the failure to ______. deliver the product or service on time

price the product accurately ensure a full complement of product features meet international design requirements for the product Question 12 1 / 1 pts Which of the following terms is correctly paired with its description? mura--waste from the underutilization of workers muri--waste from producing products not truly required by society poka yoke--design of a product or service such that it is sustainable heijunka--the uneven levels of production resulting from poor management Question 13 1 / 1 pts Distribution centers are useful as ______. intermediate storage locations direct retailing points

quality control points they eliminate need for distributed manufacturing Question 14 1 / 1 pts Environmentally sustainable practices ______. are a natural extension of lean are inconsistent with lean practices increase the challenges in applying lean principles are a substitute for lean practices Question 15 1 / 1 pts Capacity-reservation contracts ______. provide the manufacturer with the option of reserving additional production capacity with the supplier to be exercised in the future as needed have the potential to reduce the manufacturer’s procurement costs are an increasingly popular method for allocating risks across suppliers and buyers in high-tech supply chains

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have the potential to reduce the use of the supplier’s capacity Question 16 1 / 1 pts Using overtime or a second shift is considered ______. a short-term capacity decision a long-term capacity decision a seasonal capacity decision a permanent capacity decision Question 17 1 / 1 pts Kanban ______. means level production is a visual signal used to tell workers when it is time to get or make more of something is a visual signal used to tell workers when it is time for lunch is used in the push production system

Question 18 1 / 1 pts A disadvantage of LTL shipping is that it ______. costs much more than FedEx or UPS has a higher risk of product damage or loss because of the frequent freight handling at the terminals is more regulated than other forms of shipping frequently does not meet ISO requirements Question 19 1 / 1 pts Changes in demand for a company that sells its products to several foreign countries force the company to ______. alter not only its own capacity but also the capacity of its suppliers exit the market stop offering its products in certain markets change the product design Question 20

1 / 1 pts With economies of scale, ______. the cost per unit of output decreases as the volume of output increases the cost per unit of output increases as the volume of output decreases the cost per unit of output increases as the volume of output remains constant the cost per unit of output decreases as the volume of output remains constant Question 21 1 / 1 pts Frozen windows are ______. periods during which production levels can be revised specific time periods in which production levels cannot be changed time periods during which there are no quality inspections periods during which employees are not given time off from work Question 22 1 / 1 pts Managing bottlenecks is typically ______. a short-term capacity planning issue

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a long-term capacity planning issue a medium-term capacity planning issue not a capacity planning issue Question 23 1 / 1 pts The stability and flow of goods in global supply chains can be improved by ______. increasing the carbon footprint minimizing orders for changes in parts, assemblies, specifications, engineering drawings, and documents producing products that are easy to manufacture using only local resources Question 24 1 / 1 pts Which of the following is an example of long-term strategic capacity planning? the decision to build a new plant the purchase of new equipment

hiring new employees changing product design Question 25 1 / 1 pts What must supply chain partners do to manage the inherent uncertainty in demand, technology, and supply factors? They must ensure that the contract is carefully documented to account for all possibilities. They must partner with multiple suppliers at each point in the supply chain. They must strictly enforce both legal and financial penalties. They must forge close relationships both upstream and downstream. Question 26 1 / 1 pts If available capacity is insufficient in the medium term, what strategy can the firm follow? hire more workers build a new facility back-order items in shortage

exit the market Question 27 1 / 1 pts Focused factories ______. are specialized plants built and operated for a single purpose require workers with a very broad range of skills completely eliminate the need for inventory are used extensively in the service industry Question 28 1 / 1 pts Making global supply chains lean ______. is difficult because it requires coordination to establish the rapid flow of goods and information is easy because annual deliveries required for JIT inventory management are easy to achieve is inexpensive because there is no need for safety stock reduces the need for quality control

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Question 29 1 / 1 pts Developing global capacity plans is a(n) ______. iterative and collaborative process process that is heavily regulated by the government annual process one-time process Question 30 1 / 1 pts The Japanese term for leveling out the workload or smoothing production is ______. kaizen jidoka poka yoke heijunka Question 31 1 / 1 pts A key characteristic of the direct-shipment design is ______.

faster delivery multiple transit points better compliance with government requirements poor quality control Question 32 1 / 1 pts The firm’s best source for spotting problems and ensuring quality is ______. its management the quality control inspector line workers third-party audits Question 33 1 / 1 pts Capacity requirements are difficult to predict during ______. the introductory stages of a product’s life cycle

the growth stages of a product’s life cycle the maturity stages of a product’s life cycle the decline stages of a product’s life cycle Question 34 1 / 1 pts If a company’s target market consists of price conscious customers, a company may ______. use slower modes of transportation carry low levels of inventory carry poor quality goods avoid outsourcing entirely Question 35 1 / 1 pts In comparison to transportation by truck, which mode of transport is safer (in the sense it is not as prone to accidents) and also more energy efficient? water air

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rail bike Question 36 1 / 1 pts The uncertainty in projecting demand for products means ______. there is always a gap between available capacity and required capacity there is always going to be a shortage of a product in relation to demand for a product there is always going to be a surplus of a product in relation to demand for a product the manufacturing lead time is going to be fluctuating Question 37 1 / 1 pts The use of Lean Six Sigma has ______. increased complacency in the workplace created an organizational climate in which innovation has become instinctive created a hostile work environment

eliminated the need for ISO standards Question 38 1 / 1 pts Information with regard to actual and forecasted customer demand, market opportunities, and responsibilities should be ______. restricted sold transparent subject to government regulation Question 39 1 / 1 pts Capacity efficiency is the percentage of effective capacity used to produce the actual output. True False Question 40 1 / 1 pts Safety stock is the ______.

minimal level of inventory that a company seeks to maintain a buffer against the mismatch between forecasted and actual demand level of finished products that a company maintains to take advantage of demand in new markets level of finished products that a company maintains to ensure it is safe from government inspection level of finished products that a company needs to manufacture to ensure the price is protected from increase or decrease Question 41 1 / 1 pts Effective capacity is influenced by ______. the nature of the product or service the number of suppliers involved the lead time for manufacturing a product the company’s market share for that product Question 42 1 / 1 pts An example of an industry where there is inadequate capacity is ______. the furniture industry

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the retail industry the pharmaceutical industry the oil refining industry Question 43 1 / 1 pts Which of the following is a lean initiative that is consistent with sustainability practices? increase in waiting time less excess inventory increased frequency of quality inspections employing more quality control personnel Question 44 1 / 1 pts Design capacity is ______. the maximum rate of output achieved by an operation, a process, or a manufacturing or service facility that is producing under ideal conditions

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the capacity that can be achieved given the actual changes in product mix, machines and equipment that require periodic maintenance, scheduling changes, and workers who take time off for lunch, absences, and other needs less than effective capacity dependent on the company’s market share Question 45 1 / 1 pts In packaging high-value items, shippers may use ______. IDFR tags GPS devices armed guards hidden inside each package the assistance of the NSA Question 46 1 / 1 pts The order fulfillment process may be outsourced to a third party so that the outsourcing company can ______. focus on its core business pass the increase in prices to end consumers

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circumvent government regulation achieve ISO certification Question 47 1 / 1 pts The main disadvantage of using FTL carriers is the ______. short haul long haul backhaul rehaul Question 48 1 / 1 pts The two modes of transportation are ______. basic and advanced advanced and intermodal basic and intermodal

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government regulated and not regulated Question 49 1 / 1 pts The most dominant transportation mode for international freight is ______. air water truck rail Question 50 1 / 1 pts Most air freight is transported ______. by intermodal transport in passenger planes in special freighters in Airbus aircraft

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Quiz Score: 50 out of 50 Previous Next

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MGT302 Week 5 Final Exam

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