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BUS 375 WK 11 Chapter 19,20 Quiz - All Possible Questions To Purchase Click Link Below: http://strtutorials.com/BUS-375-WK-11-Chapter-1920-Quiz-All-Possible-Questions-BUS37511.htm

BUS 375 WK 11 Chapter 19,20 Quiz - All Possible Questions CHAPTER 19: (E)

1. Bidder conferences are used to: A. Answer questions about the project prior to submittal of proposals B. Answer questions about the project after contract award C. Debrief the bidder on their performance after completion of the contract D. Solicit pricing information from the bidders on proposed scope changes

(M) 2. During contract negotiations, the goal of the buyer is to: A. Get the seller to accept the greatest risk B. Get the highest quality result for the lowest price C. Get the seller to agree to scope changes at no cost to the buyer D. Try to get the least amount of work done at the lowest price

(M) 3. During contract negotiations, the goal of the seller is to: A. Get the buyer to accept the greatest amount of risk B. Get the largest possible profit margin regardless of the risk C. Get the largest possible price for the contract D. Negotiate a contract where the profit margin is commensurate with the risk the contractor is expected to incur

(E) 4. Which of the following contract types has the greatest risk with the buyer? A. Cost sharing B. Cost-Plus-Incentive-Fee C. Firm-Fixed-Price D. Fixed-Price-Incentive-Fee

(M) 5. Which of the following contract types has the greatest risk with the seller? A. Cost sharing


B. Cost-Plus-Incentive-Fee C. Firm-Fixed-Price D. Fixed-Price-Incentive-Fee

(M) 6. _____ source contracting is when multiple suppliers exist but only one is selected to receive the contract A. Preferred B. Sole C. Single D. Surety

(M) 7. _____ source contracting is when there exists only one supplier in the market-place to satisfy the requirements of the contract. A. Preferred B. Sole C. Single D. Surety

(E) 8. Companies that give part of a procurement contract to multiple suppliers do so to: A. Promote and maintain competition B. Reduce reliance on dust one supplier C. Minimize procurement risks D. All of the above

(E) 9. Which of the following is not one of the three types of specifications discussed in the text? A. Design specifications B. Material specifications C. Performance specifications D. Functional specifications

(M) 10. For long-term projects, such as weapon systems projects, contracted for by the Department of Defense, the type of contract can change from life cycle phase to life cycle phase. A. True B. False

(M)

11. Which of the following is generally not part of “Conducting the Procurements�?


A. Perform a make-or-buy analysis B. Confirm qualified sources C. Review past performance of sources D. Produce a solicitation package

(E) 12. The cost of renting a piece of equipment is $200 per day and the leasing cost is $5000 plus $100 per day. The breakeven cost between renting and leasing occurs at _____ days. A. 30 B. 50 C. 100 D. 200

(E) 13. Which of the following is generally not included in a solicitation package? A. Listing of qualified vendors B. Past bidding history of qualified vendors C. How changes will be managed D. Supplier payment plan

(E) 14. Which of the following would be included in a scoring model for evaluating bidders? A. Overall bid price B. Financial strength (ability to stay in business) C. Intellectual property rights D. All of the above

(M)

15. In which of the following would the price of a possible contract not be included? A. Request for information (RFI) B. Request for quotation (RFQ) C. Request for proposal (RFP) D. Invitation for bids (IFB)

(M) 16. “Hygiene Factors� refers to: A. How a contractor should respond to an RFP B. The type of proposal expected by the seller C. How and where contract negotiations will take place D. How many bidder conferences will be held


(H) 17. A covenant providing restrictions on certain proprietary knowledge is called a: A. Non compete clause B. Non disclosure clause C. Non conformance clause D. Penalty clause

(H) 18. Failure to exercise one’s activity in such a manner that a reasonable person would do in a similar situation is: A. Negligence B. Liquidated damages C. Breach of contract D. Privity of contract

(H) 19. An intentional relinquishment of a legal right is a (n): A. Infringement B. Breach of contract C. Waiver D. Termination liability

(H) 20. The type of contract where all of the seller’s costs are reimbursed and the seller will also receive a percentage of the profit pool based upon how well the buyer likes the end result is a _____ contract. A. Cost-sharing B. Cost-plus-award-fee C. Cost-plus-fixed-fee D. Cost-plus-incentive-fee

(H) 21. Which type of cost-plus contract provides the seller with a guaranteed dollar-value profit rather than as a percentage? A. Cost-sharing B. Cost-plus-award-fee C. Cost-plus-fixed-fee D. Cost-plus-incentive-fee

(H) 22. Which type of contract has a sharing ratio and a ceiling on the profit? A. Fixed price B. Cost-plus-incentive-fee C. Cost-plus-fixed-fee


D. Cost-sharing

(H) 23. Which type of contract has a point of total assumption? A. Cost-plus-incentive-fee B Fixed-price-incentive-fee C. Firm-fixed-price D. Cost-plus-award-fee

(M) 24. Which of the following is part of the responsibility of a contract administrator? A. Inspections and audits B. Performance reporting (Documenting seller’s performance) C. Approval of waivers D. All of the above

(M)

25. Billing the cost of repairs against a financially closed out project is called _____. A. Back charging B. Refinancing C. Order of precedence D. Arbitration

CHAPTER 20:

(E)

1. Customers are now demanding A. Higher performance requirements B. Higher contractor profit margins C. Slower product development D. All of the above

(H)

2. The balance between quality and cost is called: A. Salability B. Produceability C. Operability D. Availability


(E) 3. Quality is defined by the: A. Project manager B. Project team C. Project sponsor D. Customer

(M)

4. In which project life cycle phase does quality begin? A. Initiation / planning B. Execution C. Monitoring & control D. Closure

(E)

5. The plan-do-check-act cycle is attributed to: A. Deming B. Juran C. Crosby D. Taguchi

(E) 6. Which of the following quality gurus focused on the four absolutes of quality? A. Deming B. Juran C. Crosby D. Taguchi

(E) 7. Which of the following quality gurus developed an approach for determining the cost of quality? A. Deming B. Juran C. Crosby D. Taguchi

(M) 8. Crosbybelieved that the cost of quality was the cost of conformance to quality. A. True B. False

(E)

9.

Design of experiments is attributed to:


A. Deming B. Juran C. Crosby D. Taguchi

(M)

10. A document that states the principles of quality would be a quality _____. A. Policy B. Procedure C. Plan D. All of the above

(M) 11. The collective term for the formal quality activities and processes is called: A. Quality control B. Quality assurance C. Quality policies D. Quality visions

(M) 12. The collective term for the activities and techniques within the overall process is called: A. Quality control B. Quality assurance C. Quality policies D. Quality visions

(M) 13. Which of the following is not one of the four categories of the cost of quality? A. Prevention B. Identification C. Internal failures D. External failures

(M) 14. Dr. Juran’s cost of quality model suggests that complete elimination of all defects may not be cost-effective. A. True B. False

(M)

15. The cause and effect chart is used to _____.


A. Identify a problem B. Determine its cause C. Prioritize a solution D. Decide upon a course of action

(M)

16. A Pareto Diagram is used to identify and prioritize quality problems. A. True B. False

(H)

17. The primary use of control charts is to: A. Prevent defects B. Detect defects C. Reject defects D. All of the above

(E) 18. If the upper and lower control limits of a process are set at plus or minus three sigma, then what percent of the units produced are expected to satisfy the customer’s requirements? A. 68% B. 95% C. 99.73% D. Impossible to determine

(M)

19. The fact that random variation is always present in any process is called: A. Common cause variability B. Special cause variability C. Assignable cause variability D. Control limit variability

20. A. B. C. D.

Which of the following is not generally a special cause variability? A point outside of the control limit A value of sigma greater than 0.32. Hugging the control limit The application of the rule of 7

(E) 21. Acceptance sampling is a statistical process for evaluating a portion of lot for the purpose of:


A. Measuring the weight of each sample B. Measuring the length and width of each sample C. Measuring the volume of each sample D. Acceptance or rejection of the entire lot

(H)

22. The person ultimately responsible for the quality of the deliverable is the: A. Project manager B. Project team C. Project sponsor D. Customer

(H) 23. The alternative to three sigma is: A. 4 sigma B. 5 sigma C. 6 sigma D. All are possible

(M)

24. Which quality guru was heavily involved with quality control charts? A. Deming B. Juran C. Crosby D. Taguchi

(M) 25. One of the primary reasons for the failure of quality circles is because management refuses to listen to the quality improvement ideas of subordinates. A. True B. False

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Bus 375 wk 11 chapter 19,20 quiz all possible questions