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Three tools that can be used to determine an efficiency sequence are Gantt charts, load charts, and_____________ .


A) control charts
B) PERT network analysis
C) critical path analysis
D) break- even analysis

E) A) and B)
F) C) and D)

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Application of PERT Network Analysis Grace has just graduated from college with a degree in business administration and is totally overwhelmed by her first job. When she was in school, she could work on projects one at a time, and now she finds that she must juggle several projects with multiple activities. Grace is amazed that her supervisor, Linda, seems to have everything planned in a neat flowchart. Linda's current project is to oversee the construction of an office building, and Grace is determined to understand all of the actions that must take place, the major activities, and potential problems so she can be proactive. -Linda is using PERT network analysis primarily as a_____________ tool.


A) budgeting
B) monitoring
C) planning
D) management

E) B) and C)
F) A) and D)

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Key issues related to operations management include all of the following except


A) capitalize on e- manufacturing technology.
B) parts arrive just in time.
C) quality.
D) market analysis.

E) B) and C)
F) A) and D)

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Organizational processes are a requirement for successful value chain management.

A) True
B) False

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Aron can assemble 1000 widgets with 10 hours of direct labor at a fixed cost of materials and capital. What is his labor productivity?


A) 10 percent
B) 50 percent
C) 100 percent
D) none of the above

E) A) and B)
F) A) and C)

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Explain a PERT network analysis.

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A PERT network is a flowchart- like diag...

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What is a Gantt chart? How can managers use Gantt charts?

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A Gantt chart is a planning tool that sh...

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_____________is flowchart like diagram that depicts the sequence of activities needed to complete a project and the time or costs associated with each activity.


A) A project control chart
B) A Gantt chart
C) PERT network analysis chart
D) A load chart

E) A) and B)
F) A) and C)

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Compare value chain management and supply chain management.

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Value chain management is the process of...

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Briefly describe project management.

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Project management deals with the task o...

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Application of Value Chain Management Glenn is a novice at using value chain management, but realizes that he has to learn more about making it a success and how it is reshaping the office. Glenn has several problems with which he needs help. Here are his perceived needs: 1. comprehensive and seamless integration, 2. new technology, 3. better ways to get work done, 4. vision from people- centered managers, and 5. quality work. -_____________is/are Glenn's third need.


A) Workflow automation
B) Leadership
C) A management information system
D) Organizational processes

E) A) and B)
F) A) and C)

Correct Answer

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Application of Value Chain Management Glenn is a novice at using value chain management, but realizes that he has to learn more about making it a success and how it is reshaping the office. Glenn has several problems with which he needs help. Here are his perceived needs: 1. comprehensive and seamless integration, 2. new technology, 3. better ways to get work done, 4. vision from people- centered managers, and 5. quality work. -His second need is/are_____________ .


A) organizational processes
B) leadership
C) technology investment
D) coordination and collaboration

E) A) and C)
F) B) and C)

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Choose the one statement below that is not an important conclusion about how organizational processes must change.


A) New measures are needed for setting realistic objectives in the value chain.
B) Selected functions may need to be done collaboratively with other partners in the value chain.
C) New measures are needed for evaluating the performance of various value chain activities.
D) Better demand forecasting is necessary and possible because of closer customer ties.

E) C) and D)
F) A) and B)

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If a project requires coordinating hundreds of activities, some that must be done simultaneously and some that cannot begin until earlier activities have been completed, which of the following would be used?


A) break- even analysis
B) load chart
C) Gantt chart
D) PERT network analysis

E) C) and D)
F) All of the above

Correct Answer

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Application of PERT Network Analysis Grace has just graduated from college with a degree in business administration and is totally overwhelmed by her first job. When she was in school, she could work on projects one at a time, and now she finds that she must juggle several projects with multiple activities. Grace is amazed that her supervisor, Linda, seems to have everything planned in a neat flowchart. Linda's current project is to oversee the construction of an office building, and Grace is determined to understand all of the actions that must take place, the major activities, and potential problems so she can be proactive. -If Linda and Grace work together developing a new product that will be tested in several markets, the best device to use for this project would be _____________.


A) a Production chart
B) a PERT network analysis chart
C) a load chart
D) a Gantt chart

E) A) and D)
F) B) and D)

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Define the term "slack time" and describe how it is used in managing a project.

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Slack time is used in project planning t...

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Application of Value Chain Management Glenn is a novice at using value chain management, but realizes that he has to learn more about making it a success and how it is reshaping the office. Glenn has several problems with which he needs help. Here are his perceived needs: 1. comprehensive and seamless integration, 2. new technology, 3. better ways to get work done, 4. vision from people- centered managers, and 5. quality work. -Glenn needs _____________ for the fourth organizational need.


A) better management
B) expert systems
C) flexible manufacturing systems
D) leadership

E) B) and C)
F) A) and B)

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If a project manager notices some slippage on a critical activity, perhaps _____________from a noncritical activity can be borrowed and temporarily assigned to work on the critical one.


A) ideal time
B) process time
C) slack time
D) critical time

E) B) and C)
F) A) and B)

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In Japan, just- in- time (JIT)systems are called kanban.

A) True
B) False

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Any event on the on the critical path that is delayed will


A) increase the resources needed for the project.
B) increase the cost of the project.
C) increase the number of people assigned to the project.
D) delay the overall project.

E) A) and C)
F) A) and D)

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