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NEW QUESTION 12
Which of the following is NOT the type of statement of work (SOW)?
- A. Performance SOW
- B. Level of effort SOW
- C. Design SOW
- D. Project SOW
Answer: C
NEW QUESTION 13
The amount of reserve capacity that a firm maintains to handle sudden increases in demand or temporary losses of production capacity is called:
- A. Capacity staffing
- B. Capacity capability
- C. Capacity board
- D. Capacity cushion
Answer: D
NEW QUESTION 14
A contract in which one party obtains use of another party's asset is called:
- A. Lease
- B. Charter
- C. License
- D. Agreement
Answer: A
NEW QUESTION 15
Forecasters also estimate bias by using a , which is a ratio of the running sum of forecast errors to the cumulative Mean Absolute Deviation (MAD).
- A. Tracking signal
- B. Key pointer
- C. Single period method
- D. Mean square error method
Answer: A
NEW QUESTION 16
Each forecast is weighted by a given decimal value, known as ,
which is the difference between the most recent actual demand and the forecast.
- A. Alpha constant
- B. Smoothing constant
- C. Demand constant
- D. Exponential constant
Answer: B
NEW QUESTION 17
What involves selected practices and
measurements
that are
compared from one organization to another?
- A. Process assessment
- B. Benchmarking
- C. Cultural reviews
- D. Flowcharting
Answer: B
NEW QUESTION 18
Seasonality can be forecast using a multiplicative model to create a seasonal index.
- A. True
- B. False
Answer: A
NEW QUESTION 19
A form of network diagram that graphically portray the sequential relationships and interdependence between the project tasks is called:
- A. Steps Forward Method
- B. Development Method
- C. Evolutionary Method
- D. Critical Path Method
Answer: D
NEW QUESTION 20
and are two
examples of organizations that operate in projectized structure environment.
- A. Small accounting firms and construction organizations
- B. Large Procurement firms and production organizations
- C. Large accounting firms and construction organizations
- D. Large accounting firms and assembly organizations
Answer: C
NEW QUESTION 21
Which of the following are the three types of supplier audits?
- A. Systems audit, process audit and Product audit
- B. Performance audit, process audit and Timely audit
- C. Business audit, Performance audit and Product audit
- D. Systems audit, Performance audit and Product audit
Answer: A
NEW QUESTION 22
A temporary endeavor undertaken to create a unique product or service is called:
- A. Build
- B. Project
- C. Development
- D. Enterprise
Answer: B
NEW QUESTION 23
An operations philosophy that stresses creating customer value through the elimination of
waste is called:
- A. Lean operation
- B. Filtered Process flow
- C. Revised operation
- D. Six sigma operation
Answer: A
NEW QUESTION 24
Which of the following are the steps to proposal solicitation?
- A. Cooperation, Foundation and negotiation
- B. Selection, qualification and Management
- C. Origination, qualification and Projection
- D. Origination, qualification and negotiation
Answer: D
NEW QUESTION 25
To find a mathematical formula that will approximately generate the historical demand patterns in a time series is the goal of:
- A. Arithmetical model
- B. Box-Jenkins method
- C. Statistical analysis method
- D. Numerical smoothing analysis
Answer: B
NEW QUESTION 26
A managerial and organizational approach used to integrate the supply management functions in an organization is referred to as:
- A. Materials management
- B. Procurement management
- C. Production management
- D. Purchasing management
Answer: A
NEW QUESTION 27
Which system was designed to align individual, unit and organizational efforts with the strategic goals set for the organization?
- A. Internal business systems
- B. Interrelationship of Measurements systems
- C. Performance evaluation system
- D. Performance effectiveness management system
Answer: D
NEW QUESTION 28
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