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A Japanese word for waste is…
(a) Kanban
(b) Heijunka
(c) Muda
(d) Sashimi
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FIFTY/
FIFTY
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(30 seconds)
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A Japanese word for waste is…
(a) Kanban
(c) Muda
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h N
Better Luck on the Exam and Thank
You for Playing Who Wants to Be a
Millionaire!
Which of the following best
measures « spread ? »
(a) The Mean
(b) The Standard Deviation
(c) The Median
(d) The Mode
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FIFTY
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(30 seconds)
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Which of the following best
measures « spread ? »
(a) The Mean
(b) The Standard Deviation
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Who is the Dean of our
College of Commerce?
(a) Gilles Reinhardt
(b) Arthur Kraft
(c) Scott Young
(d) Lori Cook
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(30 seconds)
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Who is the Dean of our
College of Commerce ?
(b) Arthur Kraft
(c) Scott Young
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Daily demand for fat free gallons of milk at the
supermarket you manage is normally
distributed with a mean of 160 gallons and a
standard deviation of 30 gallons. The
supermarket imposes that you keep in inventory
enough to ensure that you stock out no more
than 5% of the time. You stock…
(a) Norminv(0.95, 160, 30)
(b) Norminv(0.975,160,30)
(c) Norminv(0.95, 160, 60)
(d) Normdist(0.05,160,30)
LIFELINE
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FIFTY/
FIFTY
TEXTBOOK
(30 seconds)
NO LIFELINE
Daily demand for fat free gallons of milk at the
supermarket you manage is normally
distributed with a mean of 160 gallons and a
standard deviation of 30 gallons. The
supermarket imposes that you keep in inventory
enough to ensure that you stock out no more
than 5% of the time. You stock…
(a) Norminv(0.95, 160, 30)
(b) Norminv(0.975,160,30)
LIFELINE
CORRECT !!!
Who coined the phrase « A car for
every purpose and every price ? »
(a) Lee Iaccoca
(b) Taiichi Ohno
(c) Alfred P. Sloan
(d) Henry Ford
LIFELINE
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FIFTY
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Who coined the phrase « A car for
every purpose and every price ? »
(b) Taiichi Ohno
(c) Alfred P. Sloan
LIFELINE
CORRECT !!!
180
170
160
150
140
130
120
110
100
90
80
1
2
3
4
5
6
7
8
9 10 11 12 13 14 15 16 17 18 19 20
Which of the following method would be most
expedient to forecast from the above data?
(a) Holt’s Method
(b) Simple Exponential
Smoothing
(c) Weighted Moving Average
(d) Winter’s Method
LIFELINE
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FIFTY/
FIFTY
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(30 seconds)
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180
170
160
150
140
130
120
110
100
90
80
1
2
3
4
5
6
7
8
9 10 11 12 13 14 15 16 17 18 19 20
Which of the following method would be most
expedient to forecast from the above data?
(a) Holt’s Method
(d) Winter’s Method
LIFELINE
CORRECT !!!
In a given plant, suppose
workers are paid per part
rather than for the quality
of the overall plant
output. Which of the
items in the picture best
represents this
misalignment of
incentives ?
(a) Rising Sun
(b) Bedrock
(c) Sailboat
(d) Water Level
LIFELINE
ASK-THE- PHONE-AAUDIENCE FRIEND
FIFTY/
FIFTY
TEXTBOOK
(30 seconds)
NO LIFELINE
In a given plant, suppose
workers are paid per part
rather than for the quality
of the overall plant
output. Which of the
items in the picture best
represents this
misalignment of
incentives ?
(b) Bedrock
(c) Sailboat
LIFELINE
CORRECT !!!
In Winter’s Model, what is  ?
(a) The initial level estimate
obtained from linear regression
(b) The trend smoothing
constant
(c) The seasonality smoothing
constant
(d) The initial trend estimate
obtained from linear regression
LIFELINE
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FIFTY/
FIFTY
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(30 seconds)
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In Winter’s Model, what is  ?
(b) The trend smoothing
constant
(d) The initial trend estimate
obtained from linear regression
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CORRECT !!!
(a)
(b)
3
3
Start
(f)
(d)
(e)
7
1
2
End
(c)
(g)
(h)
6
4
2
Consider the above process (each activity’s flow time is indicated in
minutes). Which of these sets only contains critical activities ?
(a) {(d), (e), (f)}
(b) {(a), (b), (f)}
(c) {(c), (e), (f)}
(d) {(a), (b), (c)}
LIFELINE
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(a)
(b)
3
3
Start
(f)
(d)
(e)
7
1
2
End
(c)
(g)
(h)
6
4
2
Consider the above process (each activity’s flow time is indicated in
minutes). Which of these sets only contains critical activities ?
(a) {(d), (e), (f)}
(d) {(a), (b), (c)}
LIFELINE
CORRECT !!!
Who wrote « The Wealth Of Nations » in 1776 ?
(a) Adam Smith
(b) Duc de La Rochefoucauld
(c) John Hancock
(d) Frederick W. Taylor
LIFELINE
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FIFTY/
FIFTY
TEXTBOOK
(30 seconds)
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Who wrote « The Wealth Of Nations » in 1776 ?
(a) Adam Smith
(b) Duc de La Rochefoucauld
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CORRECT !!!
Adaptation
Gilles Reinhardt, Dept of Management
Lori Cook, Dept of Management
Technical Assistance
Martin Williams, Classroom Technology
Creative Consultant
May Zellner, CAPSIM
THANKS TO ALL OF YOU: GOOD LUCK ON THE FINAL!
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