BUSI 650 Quiz 3

BUSI 650 Quiz 3 Liberty University

Set 1

1. Which of the following terms provides the basis for the project schedule, often formatted as a project Gantt chart?
2. The amount of safety time needed to protect a particular path in a project is less than the sum of the safety times required to protect the individual activities making up the
3. The set of all project activities graphically interrelated through precedence relationships is known as a/an:
4. Which of the following project categories might lead to the other project categories?
5. According to Goldratt, to complete a project on time, the highest priority should be given to the:
6. An optimal procedure for organizations to accept projects is to specify a return on investment (ROI) and fund only projects that meet this
7. The optimistic time is the amount of time the project will take under the worst-case
8. All of the following are important outputs of project scheduling, except:
9. Which of the following statement(s) concerning probabilities of completion is/are incorrect?
10. An event is a series of connected activities from the start to the finish of the
11. Duration of critical path – path duration = ?
12. Three phenomena that tend to bias the expected completion time of projects are inflated time estimates, activity time variability with path interdependencies, and resource
13. Favorable variances do not require corrective action or further investigation; only unfavorable variances in
14. The idea behind the Kanban system is to authorize materials for production only if there is a need for them.
15. A value stream map:
16. The goal of this approach is to mistake-proof work activities in a way that prevents errors from being committed in the first place:
17. Which of the following is not one of the seven categories of waste or muda?
18. Which of the following is/are (a) primary tenet(s) in the Japanese work systems?
19. A patient diagnosis is an example of what type of activity?
20. Lean enterprises rely on the push system, whereby company supply drives the production process.
21. A diagram where the physical flows of the parts are mapped onto the shop floor is referred to as
22. The step in the 5S approach in which unnecessary steps are eliminated is called:
23. Mixed-model assembly requires optimized production technology (OPT) for
24. Saving time at non-bottleneck workstations increases total output by an average of five minutes per part per
25. Pursuing perfection in lean organizations involves which of the following tools?

Set 2

1. Which of the following terms provides the basis for the project schedule, often formatted as a project Gantt chart?
2. The amount of safety time needed to protect a particular path in a project is less than the sum of the safety times required to protect the individual activities making up the path.
3. The set of all project activities graphically interrelated through precedence relationships is known as a/an:
4. An optimal procedure for organizations to accept projects is to specify a return on investment (ROI) and fund only projects that meet this criterion.
5. The objective of feeding buffers is to ensure that non-critical chains are completed so that they do not delay tasks on the critical chain.
6. The project life cycle typically has a stretched-s or an exponential form.
7. Which of the following statement(s) concerning probabilities of completion is/are incorrect?
8. The optimistic time is the amount of time the project will take under the worst-case scenario.
9. When workers receive approval for a task based on inflated time estimate, they may perceive that they now have plenty of time to complete the task and therefore delay starting the task. What has this concept been called?
10. An event is a series of connected activities from the start to the finish of the project.
11. The amount of time a project manager estimates it will take to complete the activity under ideal conditions is known as:
12. Project charters should contain some level of information regarding which of the following elements:
13. Which of the following project categories typically seeks the development of a new generation of outputs?
14. The following are characteristics of continuous flow manufacturing (CFM), except:
15. The step in the 5S approach in which standardized procedures for maintaining an orderly work environment are developed and implemented is:
16. Lean enterprises rely on the push system, whereby company supply drives the production process.
17. A patient diagnosis is an example of what type of activity?
18. The offers a systematic way to view and analyze process flows.
19. A value stream map:
20. In traditional approaches to production, preventive maintenance is also common.
21. Which of the following is/are (a) primary tenet(s) in the Japanese work systems?
22. Pursuing perfection in lean organizations involves which of the following tools?
23. Which of the following is not a direct benefit of lean?
24. The step in the 5S approach in which unnecessary steps are eliminated is called: