# BUS 515 FINAL EXAM PART 1 & 2

Jul 28th, 2016
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PART 1 Chapter 6 Multiple Choice Question 19 What measures the central tendency of a set of data? Coefficient of variation Variance Standard deviation Mean Range Multiple Choice Question 39 Consider a p-chart measuring the percentage of defective light bulbs. If the LCL is .04 and a sample has 1% defects, what is the implication? The process is in a state of control. The process is out of control even though the variation is “good.” The value of sigma must be increased. The process has too many errors. A calculation error must have occurred Multiple Choice Question 16 An OC curve is an example of what? Traditional statistical tools Fishbone diagramming Acceptance sampling Experimental design Statistical process control Multiple Choice Question 25 On a control chart, what separates common from assignable causes of variation? x-bar lines Control limits Specification limits Production limits Mean divided by standard deviation Multiple Choice Question 41 Wha

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BUS 515 FINAL EXAM PART 1 & 2PART 1Chapter 6Multiple Choice Question 19What measures the central tendency of a set of data?Coefficient of variationVarianceStandard deviationMeanRangeMultiple Choice Question 39Consider a p-chart measuring the percentage of defective light bulbs. If the LCL is .04 and a sample has 1% defects, what is theimplication?The process is in a state of control.The process is out of control even though the variation is good.The value of sigma must be increased.The process has too many errors.A calculation error must have occurredMultiple Choice Question 16An OC curve is an example of what?Traditional statistical toolsFishbone diagrammingAcceptance samplingExperimental designStatistical process controlMultiple Choice Question 25On a control chart, what separates common from assignable causes of variation?x-bar linesControl limitsSpecification limitsProduction limitsMean divided by standard deviationMultiple Choice Question 41What are preset ranges of acceptable quality characteristics?Control limitsProduct specificationsSix-sigma limitsAQC limitsR-chart limitsChapter 7Multiple Choice Question 26According to JIT, __________ is carried to cover up a wide variety of problems, such as poor quality, demand uncertainty, andslow delivery.InventoryExcess capacityA group of back-up workersSpare equipmentInsuranceMultiple Choice Question 65Which of the following is not a role of JIT management?creating a JI

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