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A Japanese word for waste is…
(a) Kanban (b) Heijunka
(c) Muda (d) Sashimi
LIFELINE
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PHONE-A-FRIEND
FIFTY/ FIFTY
TEXTBOOK (30 seconds)
A Japanese word for waste is…
(a) Kanban
(c) Muda
LIFELINE
CORRECT !!!
h NBetter Luck on the Exam and Thank You for Playing Who Wants to Be a Millionaire!
Which of the following best measures « spread ? »
(a) The Mean (b) The Standard Deviation
(c) The Median (d) The Mode
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TEXTBOOK (30 seconds)
Which of the following best measures « spread ? »
(a) The Mean (b) The Standard Deviation
LIFELINE
CORRECT !!!
(a) Gilles Reinhardt (b) Arthur Kraft
(c) Scott Young (d) Lori Cook
LIFELINE
Who is the Dean of our College of Commerce?
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TEXTBOOK (30 seconds)
(c) Scott Young
(b) Arthur Kraft
LIFELINE
Who is the Dean of our College of Commerce ?
CORRECT !!!
(a) Norminv(0.95, 160, 30)
(b) Norminv(0.975,160,30)
(c) Norminv(0.95, 160, 60)
(d) Normdist(0.05,160,30)
LIFELINE
Daily demand for fat free gallons of milk at the supermarket you manage is normally distributed with a mean of 160 gallons and a standard deviation of 30 gallons. The supermarket imposes that you keep in inventory enough to ensure that you stock out no more than 5% of the time. You stock…
ASK-THE-AUDIENCE
NO LIFELINE
PHONE-A-FRIEND
FIFTY/ FIFTY
TEXTBOOK (30 seconds)
(a) Norminv(0.95, 160, 30)
(b) Norminv(0.975,160,30)
LIFELINE
Daily demand for fat free gallons of milk at the supermarket you manage is normally distributed with a mean of 160 gallons and a standard deviation of 30 gallons. The supermarket imposes that you keep in inventory enough to ensure that you stock out no more than 5% of the time. You stock…
CORRECT !!!
(a) Lee Iaccoca (b) Taiichi Ohno
(c) Alfred P. Sloan (d) Henry Ford
LIFELINE
Who coined the phrase « A car for every purpose and every price ? »
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TEXTBOOK (30 seconds)
(b) Taiichi Ohno
(c) Alfred P. Sloan
LIFELINE
Who coined the phrase « A car for every purpose and every price ? »
CORRECT !!!
(a) Holt’s Method (b) Simple Exponential Smoothing
(c) Weighted Moving Average
(d) Winter’s Method
LIFELINE
Which of the following method would be most expedient to forecast from the above data?
8090100110120130140150160170180
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
ASK-THE-AUDIENCE
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FIFTY/ FIFTY
TEXTBOOK (30 seconds)
(a) Holt’s Method
(d) Winter’s Method
LIFELINE
Which of the following method would be most expedient to forecast from the above data?
8090100110120130140150160170180
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
CORRECT !!!
(a) Rising Sun (b) Bedrock
(c) Sailboat (d) Water Level
LIFELINE
In a given plant, suppose workers are paid per part rather than for the quality of the overall plant output. Which of the items in the picture best represents this misalignment of incentives ?
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TEXTBOOK (30 seconds)
(b) Bedrock
LIFELINE
(c) Sailboat
In a given plant, suppose workers are paid per part rather than for the quality of the overall plant output. Which of the items in the picture best represents this misalignment of incentives ?
CORRECT !!!
(a) The initial level estimate obtained from linear regression
(b) The trend smoothing constant
(c) The seasonality smoothing constant
(d) The initial trend estimate obtained from linear regression
LIFELINE
In Winter’s Model, what is ?
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TEXTBOOK (30 seconds)
LIFELINE
In Winter’s Model, what is ?
(b) The trend smoothing constant
(d) The initial trend estimate obtained from linear regression
CORRECT !!!
(a) {(d), (e), (f)} (b) {(a), (b), (f)}
(c) {(c), (e), (f)} (d) {(a), (b), (c)}
LIFELINE
Consider the above process (each activity’s flow time is indicated in minutes). Which of these sets only contains critical activities ?
3 3
6
7 1
2
4 2
(a) (b)
(c)
(d) (e)
(f)
(g) (h)Start
End
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TEXTBOOK (30 seconds)
LIFELINE
(a) {(d), (e), (f)}
(d) {(a), (b), (c)}
Consider the above process (each activity’s flow time is indicated in minutes). Which of these sets only contains critical activities ?
3 3
6
7 1
2
4 2
(a) (b)
(c)
(d) (e)
(f)
(g) (h)Start
End
CORRECT !!!
(c) John Hancock
(b) Duc de La Rochefoucauld
(a) Adam Smith
(d) Frederick W. Taylor
LIFELINE
Who wrote « The Wealth Of Nations » in 1776 ?
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FIFTY/ FIFTY
TEXTBOOK (30 seconds)
LIFELINE
Who wrote « The Wealth Of Nations » in 1776 ?
(a) Adam Smith (b) Duc de La Rochefoucauld
CORRECT !!!
Creative Consultant
May Zellner, CAPSIM
All music, logos & titles are ® of
Adaptation Gilles Reinhardt, Dept of ManagementLori Cook, Dept of Management
Technical Assistance
Martin Williams, Classroom Technology
THANKS TO ALL OF YOU: GOOD LUCK ON THE FINAL!
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