Opsy 5315 Exam 1 Practice Questions With Verified Answers

Dummy activities... {Ans: Are used when two activities have identical starting and ending events.}What is the goal for mass customization? {Ans: The goal is to produce customized products, whenever and wherever needed.}Which of these is NOT an advantage of outsourcing? {Ans: Potential creation of future competition.}When controlling a project, how is up-to-date information about resources, costs, quality, and budgets used? {Ans: To shift resources to where they are needed most.}PERT Analysis computes the variance of the total project completion time as... {Ans: The sum of variances of all activities on the critical path}Which of the following is NOT an OM strategy/issue during the INTRODUCTION STAGE of the product life cycle? {Ans: Long run productions}