Youâve just been promoted to be
the line supervisor for Ames Awesome Candies Company. Immediately, you get
a call that Finance noticed a cost variance in your
department. It appears that you are consuming too few
ingredients for your scheduled output. A box of Special Mixed
Candies is supposed to be 140 ounces, and your annual bonus is paid on how
close you manage your per/unit costs. To begin analyzing the
process, you ask your fill machine operator to record the weights of 9
candy cartons each hour for the next 11 hours.
Ames Awesome Candy: Sample Weights
Batch
Wgt. 1
Wgt. 2
Wgt. 3
Wgt. 4
Wgt. 5
Wgt. 6
Wgt. 7
Wgt. 8
Wgt. 9
1
136.97
133.6
138.84
142.4
142.14
143.98
130.47
137.2
137.2
2
141.78
134.25
133.22
132.17
131.63
134.63
135.33
130.7
130.7
3
136.05
136.61
138.46
136.74
136.87
136.72
142.63
137.7
137.7
4
137.36
136.23
144.81
140.99
146.2
135.75
143.73
132.43
132.43
5
139.86
141.12
144.62
137.71
136.19
140.33
136.69
140.61
140.61
6
133.02
135.08
132.76
136.75
137.89
138.09
136.88
145.57
145.57
7
125.99
135.46
129.11
142.99
133.58
147.89
140.61
139.61
145.61
8
141.01
140.06
133.26
134.15
140.39
139.12
134.76
137.17
137.17
9
138.45
139.92
138.48
134.86
144.5
139.68
138.25
140.86
140.86
10
140.98
135.8
134.81
141.83
133.86
132.62
140.45
140.21
140.21
11
145.61
142.98
142.5
138.39
138.01
139.56
137.91
134.37
134.37
What
is UCLR?
a.
Less than 18.00
b.
Between 18.00 and 20.00
c.
Between 20.00 and 23.00
d.
Between 23.00 and 26.00
QUESTION 2
What
is LCLR?
a.
Less than 0.50
b.
Between 0.51 and 2.00
c.
Between 2.01 and 3.00
d.
Between 3.01 and 4.50
QUESTION 3
All
points on the R-chart are within the control limits.
True
False
QUESTION 4
What
is UCLX ?
a.
Less than 140.00
b.
Between 140.00 and 142.00
c.
Between 142.01 and 143.00
d.
Between 143.01 and 144.00
e.
Between 144.01 and 145.00
QUESTION 5
What
is CLX? (i.e. X-double bar)
a.
Less than 135.00
b.
Between 135.00 and 135.99
c.
Between 136.00 and 136.99
d.
Between 137.00 and 137.99
e.
Between 138.00 and 138.99
QUESTION 6
What
is LCLX ?
a.
Less than 133.00
b.
Between 133.01 and 134.00
c.
Between 134.01 and 135.00
d.
Between 135.01 and 136.00
e.
Between 136.01 and 137.50
QUESTION 7
All
points on the X-bar chart are within the control limits.
True
False
QUESTION 8
Is the
candy making process considered in control?
a.
No. All points on the r-chart are within the control
limits.
b.
Yes. All points on the r-chart and x-bar chart are
within the control limits.
c.
Yes. All points on the x-bar chart are within the control
limits.
d.
No. Not all points on the r-chart or
x-bar chart are within the control limits
QUESTION 9
Use
the below information for the next 8 questions:
The Martingale, Northern Iowa Little Theater is planning its
first play for the upcoming season. However, due to illness of one
of their key board members, they are behind schedule. Their
President, Laura Rainwater, has used Project Management principles to lay out
the task relationships, and she finds they do not have enough time to make the
performance date if they follow the traditional schedule as outlined below.
Laura has come up with a list of tasks, their time requirements, and their
relationships. She has also begun a network diagram, but needs to
know what to do next. She knows that she needs to reduce the total time by 4
weeks.
Activity
Duration (weeks)
Crash Time (weeks)
Description
Preceding Activity(ies)
Crashing Cost/Week
A
12
Select Play
–
B
2
Select Director and Producer
A
C
4
2
Director/Producer Select Staff
B
$1,000
D
5
4
Auditions for Cast
B
$1,500
E
11
8
Construct Set/Sound/Lighting
C
$2,000
F
8
6
Costumes & Makeup
C,D
$1,000
G
4
Promotions/Ticket Sales
D
H
12
9
Rehearsals
D
$500
I
2
Dress Rehearsal
E,F,H
J
2
Performance
G,I
What is the slack time for activity G?
.png”>
a.
4
b.
10
c.
11
d.
12
QUESTION 10
What
is the earliest start time for activity I?
a.
23
b.
27
c.
29
d.
30
e.
31
QUESTION 11
What
is the latest finish time for activity D?
a.
19
b.
23
c.
29
d.
30
QUESTION 12
Which
of the following is the critical path?
a.
ABDGJ
b.
ABDFIJ
c.
ABCEIJ
d.
ABDHIJ
e.
ABCFIJ
QUESTION 13
What
is the expected duration of the project?
a.
26 weeks
b.
31 weeks
c.
33 weeks
d.
35 weeks
e.
57 weeks
QUESTION 14
What
is the minimum completion time for the project after crashing?
a.
26 weeks
b.
29 weeks
c.
31 weeks
d.
33 weeks
e.
35 weeks
QUESTION 15
What
is the critical path after crashing? (i.e. The longest path for which no
additional crashing is possible.)
a.
ABDGJ
b.
ABDFIJ
c.
ABCEIJ
d.
ABDHIJ
e.
ABCFIJ
QUESTION 16
If
Laura has a budget of only $2,000 for crashing costs, what is the shortest
possible completion time?
a.
26 weeks
b.
29 weeks
c.
31 weeks
d.
33 weeks
e.
35 weeks
QUESTION 17
Which
one of the following best describes the critical path of a project
network?
a.
The sequence of activities between a projectâs start and
finish that takes the longest time to complete
b.
The sequence of activities between a projectâs start and
finish that has the maximum amount of activity slack
c.
The sequence of activities between a projectâs start and
finish that has the minimum amount of activity slack
d.
Both A and C
e.
Both A and B
QUESTION 18
Shown
below is a network diagram and associated activity times for a project you
are managing.
.jpg”>
What is the slack for activity G?
a.
Less than or equal to 5 weeks
b.
Greater than 5 weeks but less or equal to 10 weeks
c.
Greater than 10 weeks but less than or equal to 15 weeks
d.
Greater than 15 weeks but less than or equal to 20 weeks
e.
Greater than 20 weeks
QUESTION 19
A
Work Breakdown Structure ___________________?
a.
lists all the activities making up the higher levels of
the project
b.
defines the hierarchy of project tasks, subtasks, and work
steps
c.
is incompatible with the Critical Path Method
d.
is a Gantt chart
e.
lists the materials necessary to build the project
QUESTION 20
ISO
9000 is primarily concerned with which of the following management
systems?
a.
Environmental
b.
Safety
c.
Logistics
d.
Quality
QUESTION 21
Use
the following information to answer questions 21-24.
Brenda Barker, VP of Supply Chain Management for Yellow Machines,
Inc. was reviewing a report that detailed the companies supply chain
performance. She discovered that on average, if they paid for materials on, for
example, day 2 of the fiscal year, they would get paid by their direct
customers who bought the product the material went into on day 20 of the fiscal
year. In addition, 85 out of every 100 customer orders were delivered to their
customers by the agreed upon delivery date, 7 out of every 10 orders were
filled complete, on-time, and without damage, and 95 out of every 100 orders to
supply chain members were electronic.
The supply chain delivery performance for Yellow Machines,
Inc. was?
a.
10%
b.
85%
c.
70%
d.
95%
QUESTION 22
The
supply chain e-business performance for Yellow Machines, Inc. was?
a.
10%
b.
85%
c.
70%
d.
95%
QUESTION 23
The
cash-to-cash cycle time for Yellow Machines, Inc. was?
a.
5 days
b.
7 days
c.
15 days
d.
18 days
QUESTION 24
The
supply chain perfect order fulfillment performance for Yellow Machines,
Inc. was?
a.
10%
b.
85%
c.
70%
d.
95%
QUESTION 25
Which
of the following activities will reduce supply chain risk?
a.
Inventory reduction
b.
Increasing the number of suppliers
c.
Using overseas rather than U.S. suppliers
d.
Increasing safety stock amounts
e.
B and D
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