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What is the reliability of the present process? Provide reliability to three digits.

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  1. What is the reliability of the present process? Provide reliability to three digits.
a. 0.971
b. 0.884
c. 0.865
d. 0.915
e. 0.891
f. 0.889
g. 0.874
h. 0.927
i. 0.765
j. 0.799
k. 0.821
l. 0.831

1 points   

QUESTION 2

  1. How many defects does this process presently produce annually? Round up to get a whole number.
a. 1245
b. 1872
c. 1384
d. 1629
e. 1401
f. 1502
g. 1486
h. 1427
i. 1368
j. 1275
k. k.1160
l. l. 2085

1 points   

QUESTION 3

  1. If the cost per defective unit is $67.00, what is the annual cost of defects to the company at this time?
a. $121083
b. $83415
c. $119344
d. $74670
e. $77720
f. $91656
g. $70851
h. $69170
i. $97488
j. $74838
k. $101560
l. $99562

1 points   

QUESTION 4

  1. The company can choose to buy a back-up machine for Step C for an additional $20,000. The back up would also have a reliability of 0.915, just like the one that is presently used. If they decide to get this back-up machine, what will the new reliability of the system be? Assume that once a machine malfunctions, the process continues to produce product, acceptable and defective. Use THREE decimal places in you calculations.
a. 0.971
b. 0.965
c. 0.931
d. 0.915
e. 0.881
f. 0.989
g. 0.974
h. 0.927
i. 0.956
j. 0.899
k. 0.921
l. 0960

1 points   

QUESTION 5

  1. With the back up in place, how many defects will the process produce annually given the same demand rate? Round up to get a whole number.
a. 645
b. 570
c. 805
d. 629
e. 400
f. 760
g. 1286
h. 427
i. 1155
j. 1075
k. 725
l. 885

1 points   

QUESTION 6

  1. How much do they stand to save this year if the cost of the back-up machine is included in your calculation? Remember to include the cost of the back-up into your calculations.
a. $21784
b. $29302
c. $27820
d. $34270
e. $24800
f. $31475
g. $30920
h. $29170
i. $17488
j. $34838
k. $21060
l. $22968

1 points   

QUESTION 7

  1. What is the total process velocity?
a. 1.3
b. 1.42
c. 1.50
d. 1.75
e. 1.92
f. 2.02
g. 2.10
h. 2.25
i. 2.32
j. 2.40
k. 2.75
l. 2.98

2 points   

QUESTION 8

  1. Calculate the cash to cash cycle?
a. 8 days
b. 6 days
c. 9 days
d. 10.5 days
e. 12.5 days
f. 15 days
g. 2.5 days
h. 4 days
i. 5.5 days
j. 10 days
k. 11 days
l. 13 days

2 points   

QUESTION 9

  1. Which of the following is the critical path and also has the correct project duration?
a. ACEFH (29 weeks)
b. ADEFH (33 weeks)
c. ACEGH (32 weeks)
d. ADEGH (32 weeks)
e. BDEFH (28 weeks)
f. BDEGH (32 weeks)
g. ACEFH and BDEGH (29 weeks)
h. ADEFH and ACEGH (31 weeks)
i. ACEGH and BDEGH (32 weeks)
j. ADEGH and ACEGH (32 weeks)
k. BDEFH and BDEGH (29 weeks)
l. BDEGH and ADEGH (29 weeks)

1 points   

QUESTION 10

  1. What would be the penalty associated for the project in the current state?
a. $1000
b. $1500
c. $2000
d. $2500
e. $3000
f. $4000
g. $5000
h. $4500
i. $6000
j. $7500
k. $5500

1 points   

QUESTION 11

  1. Which activities currently have slack? In other words, which activities are NOT presently on the Critical Path?
a. A only
b. BC
c. ACF
d. BCF
e. DEG
f. FGH
g. F only
h. B only
i. ABF

1 points   

QUESTION 12

  1. What is the actual slack for activity F?
a. 0
b. 1
c. 2
d. 3
e. 4
f. 5
g. 6
h. 7
i. 8

1 points   

QUESTION 13

  1. What is the actual slack for activity A?
a. 0
b. 1
c. 2
d. 3
e. 4
f. 5
g. 6
h. 7
i. 8

1 points   

QUESTION 14

  1. Which activity should you crash first?
a. A
b. B
c. C
d. D
e. E
f. F
g. G
h. H
i. I

1 points   

QUESTION 15

  1. Which of the following is the resulting critical path and also the new project duration?
a. ACEFH (28 weeks)
b. ADEFH (32 weeks)
c. ACEGH (31 weeks)
d. ADEGH (31 weeks)
e. BDEFH (27 weeks)
f. BDEGH (31 weeks)
g. ACEFH and BDEGH (28 weeks)
h. ADEFH and ACEGH (30 weeks)
i. ACEGH and BDEGH (31 weeks)
j. ADEGH and ACEGH (31 weeks)
k. BDEFH and BDEGH (29 weeks)
l. BDEGH and ADEGH (29 weeks)

1 points   

QUESTION 16

  1. How much money did you save (net savings) by crashing this activity?
a. $1000
b. $1500
c. $200
d. $250
e. $300
f. $500
g. $2250
h. $1300
i. $2300
j. $1750
k. $1550

1 points   

QUESTION 17

  1. Which activity should you crash second?
a. A
b. B
c. C
d. D
e. E
f. F
g. G
h. H
i. I

1 points   

QUESTION 18

  1. Which of the following is the resulting critical path and also the new project duration?
a. ACEFH (28 weeks)
b. ADEFH (31 weeks)
c. ACEGH (31 weeks)
d. ADEGH (30 weeks)
e. BDEFH (27 weeks)
f. BDEGH (30 weeks)
g. ACEFH and BDEGH (28 weeks)
h. ADEFH and ACEGH (30 weeks)
i. ACEGH and BDEGH (30 weeks)
j. ADEGH and ACEGH (30 weeks)
k. BDEFH and BDEGH (28 weeks)
l. BDEGH and ADEGH (28 weeks)

1 points   

QUESTION 19

  1. How much money did you save (net savings) by crashing this activity?
a. $1000
b. $1500
c. $200
d. $250
e. $300
f. $500
g. $2250
h. $1300
i. $2300
j. $1750
k. $1550

1 points   

QUESTION 20

  1. Which activity should you crash third?
a. A
b. B
c. C
d. D
e. E
f. F
g. G
h. H
i. I

1 points   

QUESTION 21

  1. Which of the following is the resulting critical path and also the new project duration?
a. ACEFH (28 weeks)
b. ADEFH (28 weeks)
c. ACEGH (29 weeks)
d. ADEGH (30 weeks)
e. BDEFH (27 weeks)
f. BDEGH (30 weeks)
g. ACEFH and BDEGH (29 weeks)
h. ADEFH and ACEGH (29 weeks)
i. ACEGH and BDEGH (29 weeks)
j. ADEGH and ACEGH (29 weeks)
k. BDEFH and BDEGH (27 weeks)
l. BDEGH and ADEGH (27 weeks)

1 points   

QUESTION 22

  1. How much money did you save (net savings) by crashing this activity?
a. $1000
b. $1500
c. $200
d. $250
e. $300
f. $500
g. $2250
h. $1300
i. $2300
j. $1750
k. $1550

1 points   

QUESTION 23

  1. How much did you save, in total by crashing the system down to 29 weeks?
a. $2000
b. $2500
c. $1200
d. $1250
e. $1300
f. $1500
g. $2250
h. $2800
i. $2300
j. $3750
k. $3550

1 points   

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