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UNIVERSITY OF ALABAMA OM 300 CHILCUTT FINAL EXAM NEWEST ACTUAL EXAM COMPLETE 50+ QUESTIO, Exams of Nursing

UNIVERSITY OF ALABAMA OM 300 CHILCUTT FINAL EXAM NEWEST ACTUAL EXAM COMPLETE 50+ QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

Typology: Exams

2024/2025

Available from 06/06/2025

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UNIVERSITY OF ALABAMA OM 300 CHILCUTT FINAL
EXAM NEWEST ACTUAL EXAM COMPLETE 50+
QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |ALREADY GRADED A+
Critical Path <<<answer>>>the computed longest time path(s) through a
network
Project Manager <<<answer>>>coordinate activities w/ other departments
and reports directly to top management
Project Manager Responsibilities <<<answer>>>responsible for ensuring:
1) all necessary activities are finished in proper sequence and on time
2) project stays within budget
3) project meets quality goals
4) people assigned to project receive motivation, direction, and info needed to do
their jobs
Forecast Time Horizon (short range) <<<answer>>>- time span of up to 1 year
but generally less than 3 months
- used for planning purchasing, scheduling, workforce levels, job assignments, and
production levels
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Download UNIVERSITY OF ALABAMA OM 300 CHILCUTT FINAL EXAM NEWEST ACTUAL EXAM COMPLETE 50+ QUESTIO and more Exams Nursing in PDF only on Docsity!

UNIVERSITY OF ALABAMA OM 300 CHILCUTT FINAL

EXAM NEWEST ACTUAL EXAM COMPLETE 50+

QUESTIONS AND CORRECT DETAILED ANSWERS

(VERIFIED ANSWERS) |ALREADY GRADED A+

Critical Path <<>> the computed longest time path(s) through a network Project Manager <<>> coordinate activities w/ other departments and reports directly to top management Project Manager Responsibilities <<>> responsible for ensuring:

  1. all necessary activities are finished in proper sequence and on time
  2. project stays within budget
  3. project meets quality goals
  4. people assigned to project receive motivation, direction, and info needed to do their jobs Forecast Time Horizon (short range) <<>> - time span of up to 1 year but generally less than 3 months
  • used for planning purchasing, scheduling, workforce levels, job assignments, and production levels

Forecast Time Horizon (medium range) <<>> - generally spans from 3 months to 3 years

  • useful in sales planning, production planning + budgeting, cash budgeting, and analysis of various operating plans Forecast Time Horizon (long range) <<>> - generally 3+ years
  • used in planning for new products, capital expenditures, facility location/expansion, and research + development Bill of Materials <<>> list of quantities of components, ingredients, and materials required to make a product Engineering Drawing <<>> drawing that shows the dimensions, tolerances, materials, and finishes of a component Stakeholders <<>> those w/ a vested interest in an org., including customers, distributors, suppliers, owners, lenders, employees, and community members Triple Bottom Line <<>> systems needed to support the 3 P's: people, planet, and profit; sustainability Total Quality Management (TQM) <<>> management of an entire org. so that it excels in all aspects of products and services that are important to the customer

4 Process Strategies <<>> an organization's approach to transforming resources into goods ans services Process Focus <<>> a production facility organized around processes to facilitate low-volume, high-variety production Repetitive Focus <<>> A product-oriented production process that uses modules Product Focus <<>> a facility organized around products; a product- oriented, high-volume, low-variety process Mass Customization <<>> rapid, low-cost production that caters to constantly changing unique customer desires Production Technology <<>> advances in technology that enhance production and productivity that are changing how things are designed, made, and serviced Radio Frequency Identification (RFID) <<>> a wireless system in which integrated circuits with antennas send radio waves Automated Storage and Retrieval System (ASRS) <<>> computer- controlled warehouses that provide for the automatic placement of parts into and from designated places in a warehouse

Automated Guided Vehicle (AGV) <<>> electronically guided and controlled cart used to move materials Computer-Integrated Manufacturing (CIM) <<>> a manufacturing system in which CAD, FMS, inventory control, warehousing, and shipping are integrated Vision Systems <<>> systems that use video cameras and computer technology in inspection roles Cost Focus vs Revenue Focus <<>> N/A Tangible Costs <<>> readily identifiable costs that can be measured with some precision Intangible Costs <<>> a category of location costs that cannot be easily quantified, such as quality of life and government Clustering <<>> the location of competing companies near each other, often because of a critical mass of information, talent, venture capital, or natural resources 6 Sourcing Strategies <<>> 1. Many Vendors

  1. Few Vendors
  2. Vertical Integration
  1. take advantage of quantity discounts
  2. hedge against inflation Types of Inventory <<>> - Raw Materials
  • WIP Inventory
  • MRO Inventory
  • Finished Goods Just-in-time (JIT) <<>> continuous and forced problem solving via a focus on throughput and reduced inventory Toyota Production System (TPS) <<>> focus on continuous improvement, respect for people, and standard work practices Production <<>> the creation of goods and services Productivity <<>> ratio of outputs (goods and services) divided by one or more inputs (such as labor, capital, or management.) Multifactor productivity <<>> indicates the ratio of goods and services produced (outputs) to many or all resources (inputs) Mission <<>> the purpose or rationale for an organization's existence

Strategy <<>> how an organization expects to achieve its missions and goals Competitive advantage <<>> the creation of a unique advantage over competitors Product Life Cycle Management <<>> software programs that tie together many phases of product design and manufacture Lean operations <<>> eliminates waste through continuous improvement and focus on exactly what the customer wants Kanban <<>> The Japanese word for card, which has come to mean "signal"; a kanban system moves parts through production via a "pull" from a signal. Andon <<>> Japanese term for a signaling system announcing problems encountered and assistance requested, often implemented as sets of lights over workstations. Kaizen <<>> a focus on continuous improvement Gemba <<>> going to where the work is actually performed