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OPS 571 Final Exam (Newest) 01.A major competitive dimension that forms a company's
strategic operational competitive position in their strategic
planning is which of the following?
Cost or price
Focus
Straddling
Automation
27
20
5
30
Internet
Automated teller (ATM)
Face-to-face distance
Questionnaire response
Matrix project
Pure project
Functional project
Task force
EOQ
Fixed-time-period
Fixed-order quantity
ABC classification
$10,000.00
13.You are a consultant called in to estimate the costs
after the employees learn how to do a job more efficiently
by repetition of new product. You find a company can
produce a product the first time at a cost of $5,000. If their
90 percent learning curve allows them to reduce their costs
on each unit, what is the total cost of producing 100 units
of the new product?
$290,700
$500,000
$390,000
$250,687
Long range
Current
Short range
Intermediate range
16.You want to determine the upper control line for a pchart for
quality control purposes. You take several samples of a size
of 100
items in your production process. From the samples, you
determine the fraction defective is 0.05 and the standard
deviation is 0.01. If the desired confidence level is 99.7
percent, which of the following is the resulting UCL value
for the line?
0.39
0.06
0.08
0.05
Customer loyalty
Product reliability
Yield
Frequency of new-product introductions
Task
Trust
Time
Teamwork
421
234
26
78
A latest-start-time estimate
A series of milestones
A statement of work
Economies
Economies
Economies
Economies
of
of
of
of
shape
scope
size
scale
Inventory
Sales
Net profit
Throughput
5 to 10 percent
60 to 120 percent
20 to 80 percent
20 to 50 percent
Water
Highway
Pipeline
Rail
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