BUS 430 OPERATIONS MANAGEMENT WEEK 7 QUIZ WITH ANSWERS (2021)

BUS 430 OPERATIONS MANAGEMENT WEEK 7 QUIZ WITH
ANSWERS (2021)
BUY HERE⬊
https://www.seetutorials.com/bus-430-
operations-management-week-7-quizwith-answers-2021/
Strayer BUS 430 Week 7 Quiz Answers (2021)
1. In service organizations, capacity is more often viewed as ____
2. Which of the following is not a key consideration in long-term capacity strategy?
3. Average safety capacity (%) is computed as
4. The long-term capacity expansion strategy that can be called a capacity
5. Safety capacity or a capacity cushion is
6. An organization that would typically use a revenue management system is
7. For a non-bottleneck activity,
8. According to the Theory of Constraints, ____ is the amount of money
9. A capacity straddle strategy is related to
10. A focused factory is least likely to focus on
11. Brenda is the owner of a spa store that operates 50 weeks per year. Spair Shampoo is a high margin
12. In the context of inventory management, a(n) _____ is a single item or asset stored at a particular
13. Net Steels is a steel manufacturing company. It orders 180 metric tons of raw material per order. It
14. In the context of inventory costs, _____ can reflect backorders or service interruptions for external
15. In the context of inventory costs,__________can reflect lost sales for external customers or costs
16. In the context of inventory costs, _____ are incurred as a result of the work involved in configuring
17. Setup costs include costs associated with maintaining storage facilities, such as gas and electricity,
18. In a fixed-order-quantity system, when demand is uncertain, using economic order quantity (EOQ)
19. A buyer for a department store orders sweaters about 6 months before the winter season. The store
20. In the context of ABC inventory analysis, which of the following statements is true of class C items?
21. Based on the constant demand assumption in the economic order quantity (EOQ) model, the average
22. CraftWare Inc., a furniture manufacturer, uses ABC analysis to define its inventory value. The
23. In the context of ABC inventory analysis, which of the following statements is true of class A items?
24. Marketing and operations prefer high inventory levels, whereas finance would prefer small
25. In the context of fixed-quantity systems,__________is defined as the on-hand quantity (OH) plus any
26. Single-period inventory models are used in situations involving items that can be carried in inventory
27. Stable demand is usually called__________.
28. The demand for bread in Ahoma City ranges from 100 to 120 tons per day, every day of the year. The
29. In the context of a fixed-order-quantity system, stockouts occur whenever the lead-time demand
30. The single-period inventory model applies to inventory situations where demand is uncertain.