BMDS 3371 Final Exam Spring 2015

A final exam for the BMDS 3371 course, assessing the knowledge and skills acquired during the semester.

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BMDS 3371 Final Exam Spring 2015Report this Question as InappropriateQuestion1. Arcs in a project network indicatea. completion times.b. precedence relationships.c. activities.d. None of the alternatives above is correct.2. Activities G, P, and R are the immediate predecessors for activity W. If the earliest finishtimes for the three are 12, 15, and 10, then the earliest start time for Wa. is 10.b. is 12.c. is 15.d. cannot be determined.3. When activity times are uncertain,a. assume they are normally distributed.b. calculate the expected time, using (a + 4m + b)/6.c. use the most likely time.d. calculate the expected time, using (a + m + b)/3.4. Slack equalsa. LF ? EF.b. EF ? LF.c. EF ? LS.d. LF ? ES.5. Activities with zero slacka. can be delayed.b. must be completed first.c. lie on a critical path.d. have no predecessors.6. Inventorya. is held against uncertain usage so that a supply of items is available if needed.b. constitutes a small part of the cost of doing business.c. is not something that can be managed effectively.d. All of the alternatives are correct.7. Inventory models in which the rate of demand is constant are calleda. fixed models.b. deterministic models.c. JIT models.d. requirements models.8. Safety stocka. can be determined by the EOQ formula.

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