All of the following are requirements for a successful employee involvement (EI) program
EXCEPT
(A) common understanding of the employee’s role in achieving the plant’s strategy
(B) management clearly identifying and defining the problems to be solved
(C) providing the EI teams with authority to change work processes
(E) developing intrinsic and extrinsic rewards to recognize jobs done well
The primary difference between the program evaluation and review technique (PERT) and the
critical path method (CPM) is that
(A) PERT can incorporate variances in the duration of an activity
(B) the duration of each activity is easier to determine using PERT
(C) PERT provides the ability to assess schedule-crashing opportunities
(D) PERT is better suited for progress reporting
Which of the following techniques could be used to model random events to help evaluate
the financial returns for a project?
(A) internal rate of return
(B) discounted cash flow
(C) Monte Carlo simulation
(D) total factor productivity
Measurements that focus on plant and/or machine utilization promote which of the following?
I. Buying excessive amounts of raw material
II. Building finished goods inventories
III. Delaying preventive maintenance
(A) III only
(B) I and II only
(C) II and III only
(D) I, II, and III
Increased producibility is best achieved by doing which of the following?
(A) implementing flexible manufacturing systems
(B) using expert systems
(C) simplifying design
(D) using computer-aided design
Which of the following planning techniques is likely to be most useful in a manufacturing
environment where multiple options are available for product lines?
(A) rough-cut capacity planning
(B) program evaluation review technique (PERT)
(C) capacity requirements planning
(D) distribution requirements planning
At which of the following levels should inventory be held to better serve the consumer
market for a retail commodity product?
(A) raw/component parts
(B) work in process
(C) fully assembled products
(D) packaged finished goods
Which of the following actions will most likely ensure end-user support for a new
computerized information management system?
(A) providing high-quality training materials and detailed operating procedures for the end users
(B) verifying that the system design is complete and capable of providing all features and capabilities
identified by management
(C) involving system users and stakeholders in reviews and approvals throughout the design and
implementation process
(D) communicating the strategic objectives of the new system and asking all personnel to support its
implementation
A product focused plant is likely to have all of the following characteristics EXCEPT
A) Corporate purchasing
B) Decentralized organization structure
C) Its own master schedule
D) A separate cost-accounting system
Master scheduling performance has a major impact on the firm's capabilities in which of the following strategic advantages ?
A) Quality conformance
B) Delivery speed
C) Product design
D) Image
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