Question 1

All of the following are characteristics of the post-completion phase of a project except _____.

Accepted Answer

A)  confirm that the final project meets the expectations of management or customers 
B)  reassign project personnel to other positions or other projects 
C)  restore any used equipment and facilities to their original status 
D)  conduct a post-implementation meeting to discuss the strengths and weaknesses of the project 
E)  identify broad budget, personnel, and resource requirements for future projects 
A)  confirm that the final project meets the expectations of management or customers 
B)  reassign project personnel to other positions or other projects 
C)  restore any used equipment and facilities to their original status 
D)  conduct a post-implementation meeting to discuss the strengths and weaknesses of the project 
E)  identify broad budget, personnel, and resource requirements for future projects

Question 2

Offering a supplier a longer-term contract with guaranteed volumes encourages investment in equipment that results in lower production costs.

Accepted Answer

A) True 
 B)False

Question 3

Value analysis traditionally applies to tangible products, and there are many reasons why companies cannot VA techniques to services.

Accepted Answer

A) True 
 B)False

Question 4

According to Ohno and Toyota, _____ is a category of waste that includes any wasted motion by man or machine.

Accepted Answer

A)  overproduction 
B)  unnecessary transport 
C)  unnecessary movement 
D)  defect 
E)  None of the above. 
A)  overproduction 
B)  unnecessary transport 
C)  unnecessary movement 
D)  defect 
E)  None of the above.

Question 5

In a PERT network, a/an _____ is the latest point in time an activity can begin without delaying the entire project.

Accepted Answer

A)  late start 
B)  late finish 
C)  early start 
D)  early finish 
E)  on time finish 
A)  late start 
B)  late finish 
C)  early start 
D)  early finish 
E)  on time finish

Question 6

The _____ (in time) through a PERT network is the _____.

Accepted Answer

A)  longest path….critical path 
B)  shortest path….critical path 
C)  longest path….slack 
D)  shortest path….slack 
E)  None of the above. 
A)  longest path….critical path 
B)  shortest path….critical path 
C)  longest path….slack 
D)  shortest path….slack 
E)  None of the above.

Question 7

The work force factor of the learning curve refers to the ability of the worker on the job to learn and improve through repetitive effort and increased efficiency, but not the effort by management to pursue productivity gains.

Accepted Answer

A) True 
 B)False

Question 8

The planning phase of a project is particularly critical because there is a strong correlation between effective planning and successful project outcomes.

Accepted Answer

A) True 
 B)False

Question 9

According to Ohno and Toyota, _____ is a category of waste that produces items for which there are no orders.

Accepted Answer

A)  excess inventory 
B)  overproduction 
C)  unnecessary movement 
D)  waiting time 
E)  defect 
A)  excess inventory 
B)  overproduction 
C)  unnecessary movement 
D)  waiting time 
E)  defect

Question 10

Organizations should not use process mapping to redesign or reengineer processes.

Accepted Answer

A) True 
 B)False

Question 11

A _____ visually displays the tasks and times associated with a project and consists of a horizontal bar chart with activities listed vertically and times or dates displayed horizontally.

Accepted Answer

A)  PERT tool 
B)  Gantt chart 
C)  CPM tool 
D)  TCO chart 
E)  networking tool 
A)  PERT tool 
B)  Gantt chart 
C)  CPM tool 
D)  TCO chart 
E)  networking tool

Question 12

Activities on the critical path in a PERT network will have slack.

Accepted Answer

A) True 
 B)False

Question 13

According to Ohno and Toyota, _____ is a category of waste that moves material unnecessarily or long distances.

Accepted Answer

A)  unnecessary movement 
B)  over-processing 
C)  defect 
D)  unnecessary transport 
E)  overproduction 
A)  unnecessary movement 
B)  over-processing 
C)  defect 
D)  unnecessary transport 
E)  overproduction

Question 14

Non-value-adding actions and resources are those actions in a process that must be done to make the product but create no value for the customer.

Accepted Answer

A) True 
 B)False

Question 15

Because a project usually has a defined scope with agreed-upon tasks, responsibilities, and deliverables, it is often more difficult to measure project success compared with other types of work.

Accepted Answer

A) True 
 B)False

Question 16

When using quantity discount analysis, the key calculation is the incremental cost of each additional unit at different quantity levels.
​

Accepted Answer

A) True 
 B)False

Question 17

_____ actions and resources are those actions in a process that must be done to make the product but create no value for the customer.

Accepted Answer

A)  Non-value-adding 
B)  Necessary non-value-adding 
C)  Value-adding 
D)  Inventory surplus 
E)  None of the above. 
A)  Non-value-adding 
B)  Necessary non-value-adding 
C)  Value-adding 
D)  Inventory surplus 
E)  None of the above.

Question 18

Learning-curve analysis highlights a key reason why many purchasers consolidate purchase volumes with fewer suppliers.

Accepted Answer

A) True 
 B)False

Question 19

A/An _____ is a series of tasks that requires the completion of specific objectives within a certain time frame; has defined start and stop dates; consumes resources, particularly time, personnel, and budget; and operates with limited resources.

Accepted Answer

A)  process 
B)  work order 
C)  purchase order 
D)  project 
E)  team charter 
A)  process 
B)  work order 
C)  purchase order 
D)  project 
E)  team charter

Question 20

According to Ohno and Toyota, _____ is a category of waste that retains unnecessary inventory between process steps.

Accepted Answer

A)  excess inventory 
B)  overproduction 
C)  over-processing 
D)  waiting time 
E)  None of the above. 
A)  excess inventory 
B)  overproduction 
C)  over-processing 
D)  waiting time 
E)  None of the above.

All of the following are characteristics of the post-completion phase of a project except _____.

Offering a supplier a longer-term contract with guaranteed volumes encourages investment in equipment that results in lower production costs.

Value analysis traditionally applies to tangible products, and there are many reasons why companies cannot VA techniques to services.

According to Ohno and Toyota, _____ is a category of waste that includes any wasted motion by man or machine.

In a PERT network, a/an _____ is the latest point in time an activity can begin without delaying the entire project.

The _ (in time) through a PERT network is the _.

The work force factor of the learning curve refers to the ability of the worker on the job to learn and improve through repetitive effort and increased efficiency, but not the effort by management to pursue productivity gains.

The planning phase of a project is particularly critical because there is a strong correlation between effective planning and successful project outcomes.

According to Ohno and Toyota, _____ is a category of waste that produces items for which there are no orders.

Organizations should not use process mapping to redesign or reengineer processes.

A _____ visually displays the tasks and times associated with a project and consists of a horizontal bar chart with activities listed vertically and times or dates displayed horizontally.

Activities on the critical path in a PERT network will have slack.

According to Ohno and Toyota, _____ is a category of waste that moves material unnecessarily or long distances.

Non-value-adding actions and resources are those actions in a process that must be done to make the product but create no value for the customer.

Because a project usually has a defined scope with agreed-upon tasks, responsibilities, and deliverables, it is often more difficult to measure project success compared with other types of work.

When using quantity discount analysis, the key calculation is the incremental cost of each additional unit at different quantity levels.

_____ actions and resources are those actions in a process that must be done to make the product but create no value for the customer.

Learning-curve analysis highlights a key reason why many purchasers consolidate purchase volumes with fewer suppliers.

A/An _____ is a series of tasks that requires the completion of specific objectives within a certain time frame; has defined start and stop dates; consumes resources, particularly time, personnel, and budget; and operates with limited resources.

According to Ohno and Toyota, _____ is a category of waste that retains unnecessary inventory between process steps.

Introduction to Purchasing and Supply Chain Management

The Purchasing Process

Purchasing Policy and Procedures

Supply Management Integration for Competitive Advantage

Purchasing and Supply Management Organization

Category Strategy Development

Supplier Evaluation and Selection

Supplier Quality Management

Supplier Management and Development: Creating a World-Class Supply Base

Worldwide Sourcing

Strategic Cost Management

Negotiation and Conflict Management

Contract Management

Purchasing Law and Ethics

Lean Supply Chain Management

Purchasing Services

Supply Chain Information Systems and Electronic Sourcing

Performance Measurement and Evaluation

Purchasing and Supply Strategy Trends

Filters

Exam 12: Purchasing and Supply Chain Analysis: Tools and Techniques

All of the following are characteristics of the post-completion phase of a project except _____.

Offering a supplier a longer-term contract with guaranteed volumes encourages investment in equipment that results in lower production costs.

Value analysis traditionally applies to tangible products, and there are many reasons why companies cannot VA techniques to services.

According to Ohno and Toyota, _____ is a category of waste that includes any wasted motion by man or machine.

In a PERT network, a/an _____ is the latest point in time an activity can begin without delaying the entire project.

The _____ (in time) through a PERT network is the _____.

The work force factor of the learning curve refers to the ability of the worker on the job to learn and improve through repetitive effort and increased efficiency, but not the effort by management to pursue productivity gains.

The planning phase of a project is particularly critical because there is a strong correlation between effective planning and successful project outcomes.

According to Ohno and Toyota, _____ is a category of waste that produces items for which there are no orders.

Organizations should not use process mapping to redesign or reengineer processes.

A _____ visually displays the tasks and times associated with a project and consists of a horizontal bar chart with activities listed vertically and times or dates displayed horizontally.

Activities on the critical path in a PERT network will have slack.

According to Ohno and Toyota, _____ is a category of waste that moves material unnecessarily or long distances.

Non-value-adding actions and resources are those actions in a process that must be done to make the product but create no value for the customer.

Because a project usually has a defined scope with agreed-upon tasks, responsibilities, and deliverables, it is often more difficult to measure project success compared with other types of work.

When using quantity discount analysis, the key calculation is the incremental cost of each additional unit at different quantity levels. ​

_____ actions and resources are those actions in a process that must be done to make the product but create no value for the customer.

Learning-curve analysis highlights a key reason why many purchasers consolidate purchase volumes with fewer suppliers.

A/An _____ is a series of tasks that requires the completion of specific objectives within a certain time frame; has defined start and stop dates; consumes resources, particularly time, personnel, and budget; and operates with limited resources.

According to Ohno and Toyota, _____ is a category of waste that retains unnecessary inventory between process steps.

Introduction to Purchasing and Supply Chain Management

The Purchasing Process

Purchasing Policy and Procedures

Supply Management Integration for Competitive Advantage

Purchasing and Supply Management Organization

Category Strategy Development

Supplier Evaluation and Selection

Supplier Quality Management

Supplier Management and Development: Creating a World-Class Supply Base

Worldwide Sourcing

Strategic Cost Management

Negotiation and Conflict Management

Contract Management

Purchasing Law and Ethics

Lean Supply Chain Management

Purchasing Services

Supply Chain Information Systems and Electronic Sourcing

Performance Measurement and Evaluation

Purchasing and Supply Strategy Trends

Filters

The _ (in time) through a PERT network is the _.

When using quantity discount analysis, the key calculation is the incremental cost of each additional unit at different quantity levels.