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Management Science Solved Exam Questions - 2240 Verified Questions

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Course Introduction

Management Science

Solved Exam Questions

Management Science is a discipline that applies analytical and quantitative methods to aid decision-making in organizational management. The course covers concepts and tools such as linear programming, decision analysis, simulation, forecasting, and inventory management. Students learn to model complex business problems, analyze data, and use software tools to support strategic planning and operational efficiency.

Emphasizing a systematic approach to problem-solving, the course helps students develop the skills necessary to optimize resources, improve productivity, and implement effective solutions in a variety of business settings.

Recommended Textbook

Production and Operations Management 2nd Edition by Martin Starr

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20 Chapters

2240 Verified Questions

2240 Flashcards

Source URL: https://quizplus.com/study-set/2015

Page 2

Chapter 1: Product Line Planning and the Systems Approach

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114 Verified Questions

114 Flashcards

Source URL: https://quizplus.com/quiz/40074

Sample Questions

Q1) Product line planning is the starting point for strategic planning. A)True

B)False

Answer: True

Q2) Strategies do not have to be changed if goals can't be achieved.

A)True

B)False

Answer: False

Q3) Discuss the two key roles of quality assurance as they relate to the publishing process.

Answer: Quality assurance has two key roles: 1.enforcing strict quality standards across all functional groups and 2.interacting with and supporting the end-users,both students and instructors.

Q4) Service industries employ an increasing percent of the workforce. A)True

B)False

Answer: True

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Chapter 2: Productivity and Strategic Planning

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115 Verified Questions

115 Flashcards

Source URL: https://quizplus.com/quiz/40075

Sample Questions

Q1) The achievement of quality standards is an indirect responsibility of P/OM.

A)True

B)False

Answer: False

Q2) Formulating appropriate productivity measures to capture the effectiveness of operations is always a P/OM benchmarking challenge.

A)True

B)False

Answer: True

Q3) Which of the following are the critical components of the strategic imperatives for P/OM?

A)product

B)processes

C)products and processes

D)neither products nor processes

Answer: C

Q4) Product life is becoming longer.

A)True

B)False

Answer: False

Page 4

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Chapter 3: Demand Creation and Predictive Planning

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114 Verified Questions

114 Flashcards

Source URL: https://quizplus.com/quiz/40076

Sample Questions

Q1) _____ is the result of dividing each absolute error term by its respective actual demand term.

A)MSE

B)MAPE

C)MAD

D)CFE

Answer: B

Q2) When actual demand results are known,the various forecasting methods are evaluated again,and the one that is least successful is chosen to make the prediction for the next period.

A)True

B)False

Answer: False

Q3) How far to go back in calculating moving averages depends on the recency of events that tend to determine the future. "Very recent" means more values;"not so recent" means few values.

A)True

B)False

Answer: False

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Page 5

Chapter 4: Understanding Quality: ITS Management and Strategic Importance

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114 Verified Questions

114 Flashcards

Source URL: https://quizplus.com/quiz/40077

Sample Questions

Q1) Quality circles are based on the training technique that rotates employees through various jobs in pursuit of broader understanding.

A)True

B)False

Q2) Many products have failure probabilities that follow a U-shaped curve,which is known as the Weibull distribution.

A)True

B)False

Q3) The word quality is used in two different ways: the producer's view and the consumer's view.

A)True

B)False

Q4) _____ is applying systems vision to every aspect of quality in the organization.

A)P/OM

B)TQM

C)ISO

D)QMS

Q5) Why do we need international standards?

Q6) What issues should be considered when developing an appropriate warranty policy? Page 6

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Page 7

Chapter 5: Process Configuration Strategies

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111 Verified Questions

111 Flashcards

Source URL: https://quizplus.com/quiz/40078

Sample Questions

Q1) Simulation is not the best method available for designing good processes.

A)True

B)False

Q2) A flow shop that can be shut down and dismantled has the same high level of special-purpose equipment as a full-time dedicated flow shop.

A)True

B)False

Q3) Being the high-cost producer is a major goal of most firms.

A)True

B)False

Q4) _____ are a type of work configuration that is used for start-up purposes,such as for major new undertakings like building a bridge.

A)Projects

B)Simulations

C)Work configurations

D)Processes

Q5) Work configurations are successfully used for training,testing,and analyzing. A)True

B)False

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Chapter 6: Process Analysis and Redesign

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115 Verified Questions

115 Flashcards

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Sample Questions

Q1) It is generally less expensive to use corrective maintenance than preventive maintenance.

A)True

B)False

Q2) Discuss the two ways process redesign can take place.

Q3) _____ is defined as the application of computer software to evaluate the performance of a process.

A)CI

B)CAPP

C)REE

D)TMP

Q4) When creating a process flow chart,one should not state the exact materials to be used and the precise amounts that will be consumed.

A)True

B)False

Q5) It is possible to find equipment that can run one job while workers are changing the setup to run a different job in the SMED approach.

A)True

B)False

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Chapter 7: Quality Assurance

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115 Verified Questions

115 Flashcards

Source URL: https://quizplus.com/quiz/40080

Sample Questions

Q1) Continuing with casual analysis,after the fishbone diagram is considered complete,it is reasonable to determine what variations of cause and effect should be tested.

A)True

B)False

Q2) The term,Zero Defects,was popularized by:

A)Philip Deming.

B)Philip Crosby.

C)W.Edwards Deming.

D)Taguchi.

Q3) Defectives can be removed from a shipment that contains errors through a procedure called detailing.

A)True

B)False

Q4) _____ show at a glance what factors affect quality and thereby what may be the causes of quality problems.

A)p-charts

B)c-charts

C)Cause and effect charts

D)Bar charts

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Chapter 8: Management of Technology Mot

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101 Verified Questions

101 Flashcards

Source URL: https://quizplus.com/quiz/40081

Sample Questions

Q1) Management of technology involves knowing when to shift from one form of technology to another.

A)True

B)False

Q2) Because fabrication is very similar to assembly,it is useful to maintain the same agendas for DFM and DFA.

A)True

B)False

Q3) An important part of the technology of supply chains is the means by which _____ are able to know where things are located.

A)suppliers

B)producers

C)customers

D)all of the above

Q4) In general,testing technology is conditional upon a complete comprehension of the process being tested.The ramifications of testing technology apply to only a few applications.

A)True

B)False

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Chapter 9: Teamwork Planning Requires Job Design

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113 Verified Questions

113 Flashcards

Source URL: https://quizplus.com/quiz/40082

Sample Questions

Q1) Short-term Contribution Margin (STCM) has been calculated to be $70,000.Overhead allocation is estimated for one week as follows: General expenses are $40,000;used general expenses are $30,000;unused general expenses constitute the remainder of $10,000.Working in units of ten thousands,GE = $4,with UGE = $3,and UNGE = $1.What is the operating profit?

Q2) The performance of P/OM systems is not dependent on the participation of people.

A)True

B)False

Q3) The text example used the _____ approach to time each work element

A)snap-back

B)continuous

C)reverse process

D)cycle-reduction

Q4) The repertoire of _____ techniques has been expanding to include more experimentation and new technology.

A)training

B)production

C)operations

D)marketing

Q5) What are the advantages of computer-based training?

Page 12

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Chapter 10: Supply Chain Capacity Planning

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113 Verified Questions

113 Flashcards

Source URL: https://quizplus.com/quiz/40083

Sample Questions

Q1) Actual capacity is the greatest throughput rate that can be achieved with the existing configuration of resources and the accepted product or service mix plans.

A)True

B)False

Q2) _____ is determined by calculating the amount of time that is available when fully utilizing the resources that are already in place to make and deliver product throughputs.Doubling the number of machines doubles the amount of available time.

A)T

B)U

C)E

D)C

Q3) Shutting down the production system for 2 hours of an 8-hour day does not effect the measure U,which remains at 100 percent.

A)True

B)False

Q4) Discuss the long- and short-term issues related to CRP.

Q5) How can LP or linear program be used in a strategic way to support capacity management?

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Chapter 11: Facilities Planning: Location and Layout

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112 Verified Questions

112 Flashcards

Source URL: https://quizplus.com/quiz/40084

Sample Questions

Q1) Location,structure,and site come as a package of tangible conditions.Intangible issues have no costs and should not be included in analysis.

A)True

B)False

Q2) Choice of a specific building is often best decided after the A)equipment is chosen.

B)layout of the facility has been created.

C)location is chosen.

D)cost is determined.

Q3) Transportation costs are a _____ for a new start-up company or division.

A)trivial matter

B)primary concern

C)secondary concern

D)none of the above

Q4) The decision to be a nearby just-in-time supplier requires a mutual interchange of _____.

A)good and services

B)raw materials and WIP

C)trust and loyalty

D)all of the above

Page 14

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Chapter 12: Materials Management Impacts All Supply

Chain Participants

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110 Verified Questions

110 Flashcards

Source URL: https://quizplus.com/quiz/40085

Sample Questions

Q1) _____ provide a useful history of _____.

A)Purchasing records;discounts obtained

B)Suppliers records;days of inventory (DOI)

C)Accounting records;inventory turns

D)Quality control records;purchase prices

E)Legal records;ethical issues

Q2) MM connects the _____ sourcing of supplies to the _____ scheduling of product to be delivered to the customer.

A)external;internal

B)internal;external

C)efficient;inefficient

D)none of the above

Q3) Order errors include materials that do not meet blueprint (and other) specifications.To correct these problems requires surcharges which result in overpriced materials.

A)True B)False

Q4) Purchasing records provide a history of what has been done in the past.

A)True B)False

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Chapter 13: Aggregate Planning to Balance Supply and Demand

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106 Verified Questions

106 Flashcards

Source URL: https://quizplus.com/quiz/40086

Sample Questions

Q1) _____ is achieved by collecting and lumping all items to be produced together.

A)Strategic planning

B)Detailed scheduling

C)Company planning

D)Aggregate planning

Q2) Why is the term aggregation used in the concept of Aggregate Demand?

Q3) By varying the size of the workforce,production output can be made to match demand if facilities and equipment allow.

A)True

B)False

Q4) The HMMS model requires three cost coefficients (C ,C ,and C ) for the overtime payroll.

A)True

B)False

Q5) St in the total cost equation stands for

A)stock-on-hand at the end of period t.

B)size of workforce at the end of period t.

C)demand in units for period t.

D)payroll costs during period t.

Q6) What does a transportation matrix represent? Page 16

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Page 17

Chapter 14: Inventory Management for Smooth and Continuous Demand Patterns

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114 Flashcards

Source URL: https://quizplus.com/quiz/40087

Sample Questions

Q1) The cost of ordering materials for the _____ is often higher than for the flow shop because of _____.

A)job shop;high variety and small quantities

B)synchronized shop;JIT requirements

C)project system;union relations

D)custom shop;the vendor release arrangement

Q2) Lead times are usually _____.

A)fixed

B)variable

C)constant

D)static

Q3) Choosing a larger order size may indicate an intuition that in the future,prices will fall.

A)True

B)False

Q4) Expediting is used to control and improve lead times in

A)the plant.

B)the office.

C)with outside suppliers and shippers.

D)all of the above

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Chapter 15: Material Requirements Planning Mrp for

Sporadic Demand Patterns

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116 Verified Questions

116 Flashcards

Source URL: https://quizplus.com/quiz/40088

Sample Questions

Q1) Based on systems thinking,changes to any part of the planning process should be in line with strategic business plans.

A)True

B)False

Q2) CRP addresses the _____-range picture of shifting capacities and the _____-range view of commitments to strategic alterations.

A)short;long

B)long;short

C)intermediate;long

D)intermediate;short

Q3) _____ lists the key resources needed to make a unit of a selected item.

A)DRP

B)MRP

C)RCCP

D)BOR

Q4) Part numbers should be chosen randomly so as to avoid implying that they have any meaning or significance.

A)True

B)False

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Chapter 16: Production Scheduling for Manufacturing and Service Operations

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116 Verified Questions

116 Flashcards

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Sample Questions

Q1) _____ is (are) designed to eliminate all bottlenecks by preengineering.

A)Flow shops

B)Synchronized manufacturing

C)Continuous processes

D)both a and c

E)both a and b

Q2) The restrictive assumption is that the SMH index for each machine applies to all jobs.This is called the

A)assumption of productive equality.

B)assumption of output rationality.

C)presumption of productive proportionality.

D)presumption of output proportionality.

Q3) Time reserves are maintained by means of the communication links that the managers of finite scheduling call ropes.

A)True

B)False

Q4) Differentiate between total flow time and mean flow time.

Q5) The assignment of work and its timing need to be orchestrated. A)True

B)False

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Chapter 17: Cycle-Time Management Increases

Productivity

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117 Verified Questions

117 Flashcards

Source URL: https://quizplus.com/quiz/40090

Sample Questions

Q1) Which of the following impedes productivity?

A)Kanban

B)push-production systems

C)JIT deliveries

D)pull-production systems

Q2) Stochastic line-balancing problems are related to queuing models.

A)True

B)False

Q3) What is perfect balance? What are the constraints to PB?

Q4) The participation of people at the workstations in manufacturing,service systems,and along the supply chain decreases variability of output rates.

A)True

B)False

Q5) The three classes of line-balancing are deterministic,heuristic,and stochastic.

A)True

B)False

Q6) Rho (r) is the maximum percent of time that the station is providing service.

A)True

B)False

Q7) Explain a "pull" production system. Page 21

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Page 22

Chapter 18: Project Management for New Products and Processes

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110 Verified Questions

110 Flashcards

Source URL: https://quizplus.com/quiz/40091

Sample Questions

Q1) Resource leveling seeks to move people from understaffed activities to those that are overstaffed.

A)True

B)False

Q2) A Gantt project-planning chart is good for any project except those where visualizing the basic structure of the system is required.

A)True

B)False

Q3) The project manager views activities with small amounts of slack as the activities that demand constant attention because slippage (especially when there is zero slack) results in project delay.

A)True

B)False

Q4) A challenge faced by managers of multiple projects is the need to be juggling ideas and schedules.

A)True

B)False

Q5) What are activity cycles in PERT networks?

Q6) Explain activities on nodes (AON) networks.

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Chapter 19: Change Management With Faster Project Completions

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Sample Questions

Q1) A well-managed project wheel is constantly turning.The number of turns of this wheel measures the revenue-generating energy of the system.The wheel is an analog model of the behavior of a Ferris Wheel in an amusement park.Although the model is an imperfect analog of a continuous project development system,it is powerful conceptually.

A)True

B)False

Q2) Benchmarking may be used in many ways.For example,it is helpful to comparing your own personal ability,say in lifting weights,with a friend's ability.You can chart your progress and compare it with your colleague's progress.You can compare your department's performance,with Best Practices in other firms and/or other departments in your own firm.

A)True

B)False

Q3) Many "old" barriers to entry have fallen by the wayside.For example,large investments that use to keep competitors out of the market no longer act as deterrents because there is ample capital on a global scale that is constantly searching for good investments.

A)True

B)False

Page 24

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Chapter 20: Sustainability Issues: Environment, Ethics, and Security

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111 Verified Questions

111 Flashcards

Source URL: https://quizplus.com/quiz/40093

Sample Questions

Q1) Which is one of the steps employed by Hazard Analysis and Critical Control Point?

A)Identify critical control points in the process.

B)Establish preventative measures with critical limits for each control point.

C)Establish procedures to monitor critical control points.

D)all of the above

Q2) _____ starts with a generic environmental policy with flexible management systems to plan the environmental programs.

A)ISO 14000

B)ISO 14001

C)ISO 9000

D)ISO 17799

Q3) What is the title of the text,written by Professor Berthold Horn,that describes a vital attribute of robotics?

A)Service Robots

B)Robot Vision

C)Robots with Hearing

D)Mighty Robotic Power

Q4) Define quality integrity.

Q5) What is remanufacturing? Discuss.

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