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managers will be responsible for separate projects. These project
managers will report to you. Which project management structure is
being used?
Matrix project
Pure project
Functional project
Task force
8. Which of the following is a reason that firms must develop more new
products than ever?
Commitments to joint venture partners
Product life cycles are shorter
They are replacing old customers with new ones
To amortize heavy investments in development labs
9. We would expect to see which of the following in an MRP system's
inventory status file?
End items produced
Late/early delivery records
Labor efficiency
Scrap parts
10. The centroid method for plant location uses which of the following
data?
Inbound transportation costs
Volume of goods to be shipped between existing points
Transport times between facilities
Correlation matrix of existing facilities
11. The Pareto principle is best applied to which of the following
inventory systems?
EOQ
Fixed-time-period
Fixed-order quantity
ABC classification
12. A company can produce a small lot of products the first time at a
cost of $2,000. If their 85 percent learning curve allows them to reduce
their costs on each lot, what is the total cost of producing 5 lots?
$8,062.00