Operations Management - OM726 - SAMPLE Midterm Questions 1. UBurger is a fastfood restaurant whose windows announce its focus on burgers‚ fries‚ and shakes. After perhaps queueing‚ customers place an order with and pay a cashier‚ then await completion of the order. Upon receiving the order‚ 25% of customers depart‚ and the remaining 75% proceed to the seating area‚ where they sit for an average of 40 minutes before departing. The restaurant has 25 seats‚ and assume that they are fully
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Sample Term Test 2A 1. A variable X has a distribution which is described by the density curve shown below: What proportion of values of X fall between 1 and 6? (A) 0.550 (B) 0.575 (C) 0.600 (D) 0.625 (E) 0.650 2. Which of the following statements about a normal distribution is true? (A) The value of µ must always be positive. (B) The value of σ must always be positive. (C) The shape of a normal distribution depends on the value of µ. (D) The possible values of a standard normal variable
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QM 300 Midterm Part I 1. Project management: a) Is the planning‚ scheduling and controlling of project tasks to meet objectives. b) Is used primarily in construction and public works. c) Requires less communication than ongoing process management. d) Focuses on well-understood‚ unambiguous tasks and relationships. Using the following project‚ with activity times estimate in days and a critical path of CH-J-K‚ to answer the next 3 questions: Activity A B C D E F G H I J K Immediate Predecessor
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|Midterm Example Test v2 | | 1. A manufacturing firm is considering three alternatives for automation. They anticipate annual production volume to be 75‚000 units. The costs for each alternative are as shown: | |Alternative | | |1 |2 |3 | |Annual Fixed Costs |60‚000 |$180‚000 |$300‚000 | |Variable Cost/Unit |$0.65 |$0
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UNIVERSITY OF TORONTO RSM 222 H1S MIDTERM EXAM‚ Winter 2014 Midterm Details: Duration: Total number of pages: Total number of marks: 110 minutes (1 hour 50 minutes) 15 (double-sided; including this cover page) 100 Please write clearly. Illegible responses may result in a mark of zero. When giving a quantitative answer‚ please show your supporting calculations. For nonquantitative questions‚ you may answer in point form‚ if appropriate. You may use a pen and/or pencil‚
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Name: ________________________ Class: ___________________ Date: __________ ID: A BUS 478 Midterm Sample Questions Multiple Choice Identify the choice that best completes the statement or answers the question. ____ 1. Entry barriers in the embryonic stage are frequently based on a. brand loyalty. b. economies of scale. c. absolute cost advantages. d. economies of scope. e. technological know-how. 2. The threat from new entrants is greatest in the ____ stage of the industry life cycle. a. embryonic
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EXAMINATION I NAME: __________________________________________________________ 1. David Upton is president of Upton Manufacturing‚ a producer of Go-Karts tires. Upton makes 2500 tires per day with the following resources: Labor: 50 hours per day @15.00 per hour Raw Material: 20‚000 lbs. per day at @ $3 per lb Energy: $5‚000 per day Capital: $10‚000 per day a) What is the labor
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Sample Exam Problems for Operations Management (The Process Management Part) 1. What is inventory in business processes? Provide two different production strategies on how inventory is managed. Discuss the advantage and disadvantage of inventory in business processes. 2. UBurger is a fastfood restaurant whose windows announce its focus on burgers‚ fries‚ and shakes. After perhaps queueing‚ customers place an order with and pay a cashier‚ then await completion of the order. Upon receiving the order
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Please note that the significance of providing this sample mid-term is NOT substantive (that is‚ the particular questions that are asked‚ or the scope of the exam) – it is to provide students with a sense of the structure/format/style of this exam GNG4170 – Engineering and the Law Mid-term: 60 marks‚ 2 hrs Wednesday‚ June 23‚ 2010 Q1: True/False plus a brief explanation – if ‘true’‚ your ‘explanation’ should add one further idea/principle related to the sentence [1 mark for each of T/F and related
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Midterm Exam_MATH302 Question 1 of 25 0.0/ 1.0 Points Which of the following statistics is not a measure of central location? A.Interquartile range (CORRECT) B.Median C.Mode D.Mean Question 2 of 25 1.0/ 1.0 Points If events A and B are mutually exclusive‚ then the probability of both events occurring simultaneously is equal to A.0.0 (CORRECT) B.1.0 C.0.5 D.any value between 0.5 and 1.0 Question 3 of 25 1.0/ 1.0 Points The table below shows the preferences for elective
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