Operation Management Quiz Set 1

1. The purpose of the transportation approach for locational analysis is to minimize?

Correct! Wrong!

2. The initial solution to a transportation problem can be generated in any manner, so long as?

Correct! Wrong!

3. Which of the following statements about the northwest corner rule is false?

Correct! Wrong!

4. In transportation model analysis the stepping-stone method is used to?

Correct! Wrong!

5. A transportation problem has a feasible solution when?

Correct! Wrong!

6. When the number of shipments in a feasible solution is less than the number of rows plus the number of columns minus one?

Correct! Wrong!

7. The total cost of the optimal solution to a transportation problem?

Correct! Wrong!

8. The stepping-stone method?

Correct! Wrong!

9. In a minimization problem, a negative improvement index in a cell indicates that the?

Correct! Wrong!

10. In a minimization problem, a positive improvement index in a cell indicates that?

Correct! Wrong!

11. An improvement index indicates?

Correct! Wrong!

12. Which of the following would not generally be a motive for a firm to hold inventories?

Correct! Wrong!

13. Which of the following statements about ABC analysis is false?

Correct! Wrong!

14. ABC analysis divides on-hand inventory into three classes, generally based upon?

Correct! Wrong!

15. Among the advantages of cycle counting is that it?

Correct! Wrong!

16. The two most basic inventory questions answered by the typical inventory model are?

Correct! Wrong!

17. Which of the following statements about the basic EOQ model is true?

Correct! Wrong!

18. An inventory decision rule states that "when the inventory level goes down to 14 gearboxes, 100 gearboxes will be ordered." Which of the following statements is true?

Correct! Wrong!

19. The Production Order Quantity model?

Correct! Wrong!

20. Which of the following statements regarding the Production Order Quantity model is true?

Correct! Wrong!

Operation Management Quiz Set 1

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