(Time-Based Competition 01) ___ is NOT effective for shortening time to introduce a new product to the market.

A.

Concurrent engineering

B.

Using technology

C.

Standardizing components

D.

Life cycle assessment

(Sustainable Operations v1) ___ is NOT associated with sustainable operations.

	A.	Design for disassembly
	B.	Design for recycling
	C.	Reverse engineering
	D.	Life cycle assessment

(Layout v2) --- In a ___ layout, workflow is slow and scheduling jobs is complex. --- In a ___ layout, equipment breakdowns are more likely to cause shutdowns of the entire system.

	A.	process, process
	B.	product, product
	C.	process, product
	D.	product, process

(Display v1) --- In a department store (e.g., Gap), the most profitable items are displayed at the ___. --- In a supermarket, the most profitable items are displayed at the ___.

	A.	front, back
	B.	back, back
	C.	back, front
	D.	front, front

(Product-Process Matrix v1) List manufacturing cell, assembly line, and job shop in order of output VOLUME from LOWEST to HIGHEST.

	A.	assembly line - manufacturing cell - job shop
	B.	job shop - manufacturing cell - assembly line
	C.	assembly line - job shop - manufacturing cell
	D.	job shop - assembly line - manufacturing cell

(Types of Inventory 01) Consider the four types of inventory (raw materials, WIP, finished goods, and MRO) in dollars in a process-focused job shop and a product-focused plant. A product-focused plant has more ___ and ___ inventory than the other two types.

	A.	raw materials, MRO
	B.	finished goods, MRO
	C.	raw materials, WIP
	D.	WIP, finished goods

(Best Buy Part A v1 q)* At a Best Buy store, the annual demand of a HP printer is 10400. It costs $500 to place an order, the holding cost for a printer is 20% of the unit cost, and HP charges $200 for each printer. The unit time is one week and HP takes 2 weeks to supply an order. (Hint: Demand is not random in Part A.) ___ printers should be ordered at a time. (*Show calculations.)

	A.	624
	B.	442
	C.	361
	D.	510
	E.	570

(Best Buy Part B #1 r)* At a Best Buy store, the annual demand of a HP printer is 13000. It costs $500 to place an order, the holding cost for a printer is 20% of the unit cost, and HP charges $200 for each printer. The unit time is one week and HP takes 2 weeks to supply an order. The store manager finds that the weekly demand is random, and normally distributed with a standard deviation of 100. She targets a service level of 97.73%. (Hint: Demand is random in Part B.) The store should place an order when the on-hand inventory reaches ___. (*Show calculations.)

	A.	583
	B.	883
	C.	683
	D.	783
	E.	483

(Average Inventory Part B #1)* A warehouse orders 550 boxes of papers at a time to a manufacturer. The unit time is one week and the manufacturer takes 4 weeks to deliver. The warehouse manager finds that the weekly demand is random, and normally distributed with a standard deviation of 100. She targets a service level of 97.73%. (Hint: Demand is random in Part B.) The warehouse holds an average inventory of ___. (*Show calculations.)

	A.	650
	B.	600
	C.	625
	D.	675
	E.	700

(Weeks of Supply #1)* Given weeks of supply = 3, annual demand = 10400 and order quantity = 500, safety inventory is ___. (*Show calculations.)

	A.	350
	B.	200
	C.	550
	D.	300
	E.	250

(Inventory Turnover 01)* As a supply chain holds MORE inventory, inventory turnover ___ and days of supply ___. (*Use the formulas to discuss briefly why.)

	A.	increases, decreases
	B.	decreases, increases
	C.	increases, increases
	D.	decreases, decreases

(Impact of Setup Cost v1)* --- If a current setup cost (e.g., transportation cost) of 1000 increases to 3000, the current EOQ of 100 changes to the new EOQ of ___. --- If a current setup cost (e.g., transportation cost) of 1000 decreases to 333,the current EOQ of 100 changes to the new EOQ of ___. (*Show calculations.)

	A.	300, 33
	B.	33, 300
	C.	58, 173
	D.	173, 58