MBA Question and Answers

UP031
Assume that a dollar could buy 125 yen and two years later a dollar could only buy 150 yen. If the
only factor considered was the change in exchange rates, would the price of a Japanese product
sold in the U.S. go up or down in this period? By what percentage would the price change?
UP032
Define and describe: | a. positioning of the production system in manufacturing and in services | b.
outsourcing | c. process and technology plans | d. strategic allocation of resources | e. facility
planning.
UP033
The Bi-State Trucking Company, a local deliverer of freight in Durham, North Carolina, has been
experiencing customer complaints about late deliveries. Bi-State's management strives for an
average delivery of local freight in 24 hours. Weekly samples of 20 customers are taken and exhibit
an average range of 3.5 hours. Bi-State's management thinks this is about right.
UP034
The expected daily output for an assembly line is 500 units. The assembly line operates for a period
of 420 minutes a day. Balance the assembly line and calculate cycle time and efficiency of the
assembly line.
UP035 Explain about different forecasting techniques used in times series analysis?
UP036
Why is aggregate planning in produce to order firms difficult? What can operations managers do
to overcome these difficulties?
UP037
Explain how these factors affect process design decisions:; | a. nature of product demand; | b.
degree of vertical integration; | c. product and volume flexibility; | d. degree of automation; | e.
product quality.
UP038
Compare and contrast the philosophy of traditional and JIT manufacturing. What are their
objectives? How do they achieve them?
UP039
A time study of a production operation yielded an average time of 9.00 minutes per product, a
performance rating of .90, and allowances of 50 minutes per 8-hour shift.; | a. Compute a labor
standard for the operation.; | b. If a worker performed only this operation, how many products per
8-hour shift could be produced under ordinary operating conditions?; | c. If the labor rate is $10
per hour, what should the accounting department use as the standard labor cost per product?
UP040
Define Facility Location and Layout? Highlight the importance of various facility layouts of both
manufacturing and service firms?

Source answers from: www.answersmine.com