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311. The use of the project reports:
A. are not necessary on small projects
B. provides a means whereby various levels of authority can judge project performance
C. provides insight into project areas and the effectiveness of the control systems
D. All of the above
E. B and C
ANS: E
312. You must produce 27 widgets. You can only produce 9 widgets per production run. Each production line setup costs 00. Each widget
consumes worth of material and worth of labor. What is the total fixed cost for producing the widgets.
A. 3000
B. 27000
C. 27270
D. 1335
E. 1000
ANS: E
313. _____ is based on information gathered and analyzed about demand and supply. This forecast provides a prediction of short and long term
prices and the underlying reasons for those trends.
A. Demand forecast
B. Price forecast
C. Supply forecast
D. Production forecast
E. None of the above.
ANS: B
314. A project is defined as:
A. a coordinated undertaking of interrelated activities directed toward a specific goal that has a finite period of performance.
B. a large, complex undertaking with many objectives, multiple sources of funding, and a not discernible end point.
C. an undertaking of interrelated activities directed toward a specific goal that can be accomplished in less than one year.
D. a group of activities headed by a project manager who has cradle-to-grave cycle responsibility for the end product.
E. All of the above.
ANS: A
315. An acceptance control chart has limits that are based on the spec. limits for the product rather than limits which differentiate between random
and assignable causes. Under which of the following circumstances should a QC manager consider this type chart
A. When the engineering tolerance on a dimension greatly exceeds the natural dispersion of the manufacturing process
B. When the number of samples outside the current control chart limits become too costly and cumbersome to investigate.
C. When a process is subject to constant but stable tool wear.
D. A and B.
E. A and C
ANS: E
316. Budgeted contingencies can be detemined by:
A. past experience
B. applying standard allowances
C. detemining the sum total of the most probable variances of the various risk items properly identified.
D. All of the above.
E. None of the above.
ANS: D
317. It is a generally acceptable practice that if one of your clients makes an informal request of you, then you should respond:
A. formally in writing
B. with a memo
C. informally
D. nonverbally
E. All of the above
ANS: C
318. Ouchi's Theory Z relates more to _____ whereas Theory X / Theory Y relates to _____ .
A. Project managers; team members
B. Company management philosophy in treating employees; the average worker
C. Project sponsors; project managers
D. The functional team; project sponsors
E. Recruitment policy; wage and salary administration
ANS: B
319. The first step in building a PERT/CPM network is to:
A. Create a flow chart
B. Determine the critical path
C. Show task relationships
D. Create a work breakdown structure
E. None of the above.
ANS: D
320. Which is not one of the five classifications of work found in a purchasing operafion?
A. Management
B. Buying
C. Follow-up and expediting
D. Marketing
E. Clerical
ANS: D
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