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OPS 571 Final Exam 2016 Answers Free for Operation Management

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Q13. You are a consultant called in to estimate the costs after the employees learn how to do a job more efficiently by<br />

repetition of new product. You find a company can produce a product the first time at a cost of $5,000. If their 90 percent<br />

learning curve allows them to reduce their costs on each unit, what is the total cost of producing 100 units of the new<br />

product?<br />

1. $290,700<br />

2. $500,000<br />

3. $390,000<br />

4. $250,687<br />

Q14. A material requirements planning system is an example of which of the following scheduling systems?<br />

1. Infinite loading, backward scheduling<br />

2. Finite loading, backward scheduling<br />

3. Infinite loading, <strong>for</strong>ward scheduling<br />

4. Finite loading, <strong>for</strong>ward scheduling

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