41) According to David Maister, the most complex projects requiring innovation and creativity are called _________.
A. “gray hair” projects
B. “brain surgery” projects
C. “grinding” projects
D. “procedures” projects
42) The ______ the percentage of contact time between the service system and the customer, the ________ the degree of interaction between the two during the production process.
A. lesser, greater
B. greater, greater
C. none of these answers
D. greater, lesser
43) Goldratt's rule of production scheduling include all but:
A. An hour saved at a non-bottleneck is a mirage
B. A process batch should be fixed both along its route and in time
C. Priorities can be set only by examining the system's constraints
D. Do not balance the capacity - balance the flow
E. Utilization and activation of a resource is not the same thing
44) If the system contains a bottleneck, the _______ is the best place for control. If there is no bottleneck, the __________ is the best place for control.
A. capacity-constrained resource, drum
B. bottleneck, capacity constrained resource
C. none of these answers
D. capacity-constrained resource, bottleneck
45) Operations stage toolkit for the Data Analysis and Solution Development phase include(s): I. SPC tools II. Bottleneck analysis III. Computer simulation IV. Balanced scoreboard
A. I, II, III
B. II, III, and IV
C. I, II, III, and IV
D. I and II
E. II and III
46) Which of the following statements is true?
A. The Principle of Incremental Benefits says to consider the possible ways to minimize the value lost to capital market imperfections, such as asymmetric taxes, asymmetric information, and transaction costs.
B. The Principle of Valuable Ideas suggests to look for opportunities to create value by issuing securities that are in short supply, perhaps resulting from changes in tax law.
C. The Time Value of Money Principle advises to include any time-value-of-money tax benefits from capital structure choices.
D. all of these
47) An all-equity-financed firm would __________.
A. pay corporate income taxes because it would have interest expense.
B. not pay corporate income taxes because it would have no interest expense.
C. pay corporate income taxes if its taxable income is positive
D. not pay any income taxes because interest would exactly offset its taxable income.
48) __________ says to recognize the value of hidden options in a situation, such as the foreign exchange options in some derivative instruments.
A. The Principle of Comparative Advantage
B. The Principle of Two-Sided Transactions
C. The Time Value of Money Principle
D. The Options Principle
49) __________ says to look for opportunities to invest in positive-NPV projects in foreign markets or to develop derivatives or design arrangements that enable firms to cope better with the risks they face in their foreign operations.
A. The Principle of Diversification
B. The Principle of Capital Market Efficiency
C. The Principle of Valuable Ideas
D. The Principle of Risk-Return Trade-off
50) Which of the following statements is true?
A. The Principle of Capital Market Efficiency says to consider the possible ways to minimize the value lost to capital market imperfections, such as asymmetric taxes, asymmetric information, and transaction costs.
B. The Behavioral Principle suggests to look for opportunities to create value by issuing securities that are in short supply, perhaps resulting from changes in tax law.
C. The Signaling Principle says to consider any possible change in capital structure carefully, because financing transactions and capital structure changes convey information to outsiders and can be misunderstood.
D. all of these
Total 500 Questions from 5 set of actual exams (5 sets x 100 questions) with double checked answers
final exam str 581
str 581 final exam answers
str 581 final exam
str 581 final
100 % A+ Correct answers !! Double Checked
str 581 final exam answers
str 581 final exam
str 581 final
