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NEW QUESTION 1
Which of the following types of inventory is characterized by item quantity gradually being depleted then replenished?
- A. Decoupling
- B. Cycle
- C. Pipeline
- D. Anticipation
Answer: B
NEW QUESTION 2
Which of the following techniques deals with analysis and planning of logistics and manufacturing during various time periods?
- A. Advanced planning and scheduling
- B. Aggregate planning
- C. Aggregate forecast
- D. Distribution Requirements Planning
Answer: A
NEW QUESTION 3
Which of the following describes a competitive characteristic that a firm must exhibit to be considered as a supplier in a market?
- A. Marketing research
- B. Manufacturing automation
- C. Order qualifier
- D. Order winner
Answer: C
NEW QUESTION 4
A product has a forecast of 200 units a month. The actual demand for the past 6 months has been 195, 210, 205, 190, 220, and 225. Calculate the tracking signal for this product's forecast.
- A. 6
- B. 7.5
- C. 45
- D. 75
Answer: A
NEW QUESTION 5
Backward scheduling begins with which of the following dates?
- A. Order receipt
- B. Order due
- C. Component availability
- D. Supplier delivery
Answer: B
NEW QUESTION 6
Material requirements planning provides recommendations for which of the following processes?
- A. Shop orders and capacity
- B. Capacity and purchase orders
- C. Purchase orders and shop orders
- D. Routing and lead times
Answer: C
NEW QUESTION 7
Which of the following phrases best defines a production plan?
- A. The plan for the production and purchase of the components used in making the items in the master production schedule
- B. The broad direction of the firm, the kind of business-product lines, and markets the firm wants in the future
- C. The quantities of each product group that must be produced in each period, desired inventory levels, resources required in each period, and the availability of resources needed
- D. The flow of work through the factory through input/output analysis
Answer: C
NEW QUESTION 8
Which of the following statements best describes an example of advance ship notice?
- A. An electronic data interchange communication indicating that an order has left the port of loading
- B. A person who handles international shipping documentation and transportation requirements
- C. A fee for material held at port longer than the standard unloading time
- D. A listing of the items included in an overseas shipment
Answer: A
NEW QUESTION 9
Which of the following statements describes the difference between capacity requirements planning and material requirements planning ?
- A. Material requirements planning ignores capacity constraints.
- B. Capacity requirements planning accounts for material.
- C. Material requirements planning is confined by capacity constraints.
- D. Capacity requirements planning only accounts for critical resources.
Answer: A
NEW QUESTION 10
The question below is based on the following information:
What is the average annual transit inventory in units?
- A. 55
- B. 110
- C. 548
- D. 658
Answer: C
NEW QUESTION 11
To provide the required level of customer service, to minimize the costs of transportation and handling, and to interact with a factory to minimize scheduling problems are all objectives of:
- A. enterprise resources planning.
- B. distribution inventory management.
- C. sales and operations planning.
- D. customer relations management.
Answer: B
NEW QUESTION 12
Characteristics that cause customers to consider a company's products or services are called:
- A. order qualifiers.
- B. order winners.
- C. product configurations.
- D. product specifications.
Answer: A
NEW QUESTION 13
Which of the following functions of inventory exists to address unpredictable supply or demand?
- A. Fluctuation
- B. Anticipation
- C. Hedge
- D. Transportation
Answer: A
NEW QUESTION 14
Production activity control receives authorization to release work orders from:
- A. the material requirements plan.
- B. the master production schedule.
- C. production planning.
- D. input/output control.
Answer: A
NEW QUESTION 15
Which of the following factors most likely will impact the demand for a firm's products or services?
- A. Forecast accuracy
- B. Order processing system
- C. Competition
- D. Planning horizon
Answer: C
NEW QUESTION 16
Which of the following issues would be of greatest concern for a company choosing to reduce its finished goods inventory?
- A. Long production changeover time
- B. Customer service expectations
- C. Product quality requirements
- D. Product shelf life constraints
Answer: B
NEW QUESTION 17
Which of the following manufacturing systems involves the creation of one unit or a small number of units?
- A. Flow manufacturing
- B. Intermittent manufacturing
- C. Project manufacturing
- D. Continuous manufacturing
Answer: C
NEW QUESTION 18
Which of the following production environment strategies requires unique design or significant customization?
- A. Make-to-order
- B. Assemble-to-order
- C. Make-to-stock
- D. Engineer-to-order
Answer: D
NEW QUESTION 19
The ratio of actual output to standard output is defined as:
- A. demonstrated capacity.
- B. rated capacity.
- C. utilization.
- D. efficiency.
Answer: D
NEW QUESTION 20
Increasing sales through the Internet will result in an increased demand for reverse:
- A. auctions.
- B. engineering.
- C. flow scheduling.
- D. logistics.
Answer: D
NEW QUESTION 21
Which of the following manufacturing processes would be characterized by a narrow range of standard products, low direct labor costs, and a high level of technical support for manufacturing?
- A. Jobbing
- B. Intermittent
- C. Flow
- D. Project
Answer: C
NEW QUESTION 22
Which of the following terms refers to that which "pulls" production to the constraint for processing?
- A. Drum
- B. Buffer
- C. Rope
- D. Kanban
Answer: C
NEW QUESTION 23
The portion of a firm's inventory and planned production that is not already committed is referred to as:
- A. planned order receipts.
- B. projected inventory balance.
- C. master production schedule due date.
- D. available-to-promise.
Answer: D
NEW QUESTION 24
Which of the following factors can negatively influence indirect costs such as production planning, purchasing, and inventory management?
- A. Standardized parts
- B. Low efficiency production equipment
- C. Poor product design
- D. Time to market
Answer: C
NEW QUESTION 25
When demand is uncertain, what is the most appropriate action to take?
- A. Recalculate safety stock
- B. Increase order quantity
- C. Change method of transportation
- D. Increase number of warehouses for distribution
Answer: A
NEW QUESTION 26
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