Operations Management Midterm

In: Business and Management

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BUSI 3300 Operations Management

Name: __________________________ Student ID : _____________ Section_____________ Date______________
Return this question sheet along with your Scantron answer sheet; be sure to mark your name, and 9-digit student # on all of these. Tests that cannot be fully identified may be assigned a mark of zero.

Texas Instruments BA II Plus calculators are permitted, as are printed non-electronic translation dictionaries (e.g., English-Spanish).

------------------

Section 1. Multiple Choice Questions (Total Marks 50)

For each multiple-choice question, choose the best answer from the list given and mark your choice on the Scantron sheet. You may use scrap paper for your rough calculations, but only the final answer will be marked. Each question is worth [2] marks.

1.|The three major functions of business organizations:|
A)|perform different but related activities|
B)|are related indirectly only|
C)|must work together, but not very closely|
D)|function independently of each other|
E)|perform similar and related activities|

2.|The actual demand and the forecasted demand for a product were as follows:period:|1|2|3|actual:|286|255|275|forecast:|280|290|295|Compute the MAPE.|
|A) 0.077 B) 7.7 C) 20.3 D) 23 E) none of these|

3.|In an assembly operation at a furniture factory, six employees assembled an average of 450 standard dining chairs per 5-day week. What is the labour productivity of this operation?|
A)|90 chairs/worker/day|D)|75 chairs/worker/day|
B)|20 chairs/worker/day|E)|none of the choices are correct|
C)|15 chairs/worker/day|||

4.|Which of the following is not a key way in which business organizations compete with one-another?|
A)|product or service differentiation|D)|variety|
B)|quality|E)|timelines|
C)|product duplication|||

5.|Efficiency is defined as the ratio…...

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