Which of these statements describes an important concept of, Operation Management

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Which of these statements describes an important concept of

1. Which of these statements describes an important concept of portfolio management?

Focusing groups of projects, programs and/or operations toward a common goal is impossible

Portfolios are much more manageable than projects and programs because you can delegate easily

Portfolios that do not support organizational strategy should not be undertaken

Overall business strategy should not override the will of an enthusiastic sponsor with funding

2. A company has decided to monitor its painting process by counting the number of defects per unit of output. To establish control chart limits a random sample of 30 units was taken and the average number of defects was calculated. If the sample average was 16 defects per unit then the 3-sigma upper and lower control chart limits for this process would be

A. UCL = 16; LCL = 4

B. UCL = 28; LCL = 4

C. UCL = 28; LCL = 16

D. UCL = 28; LCL = 12

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