Stack #4163668
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
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| In queuing problems, which of the following probability distributions is typically used to describe the time to perform the service? Part 2 | show 🗑
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| The common measures of a queuing system's performance include: | show 🗑
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| The shopper who says to himself, "I've waited too long in this line. I don't really need to buy this product today," and leaves the store is an illustration of which element of arrival behavior? | show 🗑
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| A large discount store and supermarket has a hair styling salon on its premises. Etc.... | show 🗑
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| A system in which the customer receives service from only one station and then exits the system is which of the following? | show 🗑
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| show | 1.) utilization factor for the system 2.) probability of a specific number of customers in the system 3.) average queue length 4.) average waiting time in the line - All of these are correct
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| Which of the following represents serving automobiles on an interstate? | show 🗑
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| Which of the following is an example of a finite arrival population? | show 🗑
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| show | Cost of waiting time increases, and cost of providing service decreases.
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| show | A customer as a gas station went inside to buy a soda, but after waiting in line for a minute left the soda behind and went outside empty-handed.
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| show | Raw Materials, satisfied customers
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| show | capacity, speed, and flexibility
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| show | outsourcing
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| show | Keiretsu networks
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| Prior to embarking on supply chain design, why do operations managers first consider "make or buy" and outsourcing decisions? | show 🗑
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| show | offer lower prices in the short term
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| show | vertical integration
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| show | the high cost of changing partners
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| show | Keiretsu
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| Which of the following describes using one supplier for a component and a second supplier for another component, where each supplier acts as a backup for the other? | show 🗑
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| show | perpetual inventory
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| show | annual dollar volume
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| Which of the following statements about the EOQ model is FALSE? | show 🗑
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| Most inventory models attempt to minimize: | show 🗑
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| show | TRUE
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| show | FALSE
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| Which of the following is NOT one of the four main types of inventory? | show 🗑
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| show | 1.) If the annual demand were to double, the number of orders per year would increase 2.) If annual demand were to double, the EOQ would increase 3.) If the carrying cost were to increase. the EOQ would fall. 4.) If the ordering C 2x. rise - all above
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| A product whose EOQ is 40 units experiences an increase in ordering cost from $10 per order to $90 per order. The revised EOQ is: | show 🗑
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| Which of the following statements regarding the reorder point is TRUE? | show 🗑
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| show | Fourteen is the reorder point, 100 is the order quantity
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| Which of the following inventory items warrants the use of a single-period inventory model? | show 🗑
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| show | Shortage cost/(Overage cost + Shortage cost).
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Created by:
rlamb01