NEW QUESTION 1

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 2

The primary purpose of sales and operations planning is to:

• A. track and improve forecast accuracy within sales and marketing.
• B. provide enough lead time for operations to acquire needed resources.
• C. provide periodic updates on overall performance to top management.
• D. link strategic and tactical plans across the organization.

Answer: D

NEW QUESTION 3

The question below is based on the following information:

What is the mean absolute deviation of demand for the data?

• A. 1
• B. 3
• C. 5
• D. 101

Answer: B

NEW QUESTION 4

Which of the following actions most likely will serve to reduce economic lot size?

• A. Decreasing the number of items
• B. Decreasing the unit cost of items
• C. Increasing the cost of ordering items
• D. Increasing the cost of carrying inventory

Answer: D

NEW QUESTION 5

Which of the following terms represents a complete supply chain dedicated to the flow of products and materials for the purpose of returns, repair, remanufacture, or recycling?

• A. Responsible landfill
• B. Remanufacturing resource planning
• C. Reverse logistics
• D. Global distribution

Answer: C

NEW QUESTION 6

Which of the following terms refers to a sequence of end items to produce for specific customers' orders in a make-to-order or assemble-to-order environment?

• A. Master schedule
• B. Final assembly schedule
• C. Dispatch list
• D. Input/output control

Answer: B

NEW QUESTION 7

Which of the following characteristics is most distinctive of lean manufacturing?

• A. Teamwork
• B. Continuous improvement
• C. Qualitative measurements
• D. Bottom-line results

Answer: B

NEW QUESTION 8

A firm offers products configured from a large number of stocked options. Which of the following production environments is the firm most likely to use?

• A. Engineer-to-order
• B. Make-to-order
• C. Assemble-to-order
• D. Make-to-stock

Answer: C

NEW QUESTION 9

The contribution made by an operation to the final usefulness of a product is known as:

• A. the customer service level.
• B. value-added.
• C. the cost of quality.
• D. an order winner.

Answer: B

NEW QUESTION 10

Which of the following forecasting techniques reviews a company's sales history?

• A. Qualitative
• B. Delphi
• C. Extrinsic
• D. Intrinsic

Answer: D

NEW QUESTION 11

An extreme change in demand in the supply position upstream generated by a small change in demand downstream in the supply chain is called the:

• A. efficiency variance.
• B. bullwhip effect.
• C. estimate of error.
• D. stockout probability.

Answer: B

NEW QUESTION 12

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 13

Which of the following factors is most likely to affect the demand for a company's services or products?

• A. The sales and operations plan
• B. Demand forecasting
• C. Resource availability
• D. Economic conditions

Answer: D

NEW QUESTION 14

Which of the following statements about strategic planning is true?

• A. It is focused on the master production schedule (MPS) and the material requirements plan.
• B. It helps integrate the plans of marketing and production.
• C. It involves primarily personnel development and acquisition of long-lead-time materials.
• D. It is top-level planning that is not tied to other planning activities.

Answer: B

NEW QUESTION 15

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 16

Which of the following actions is an example of a company expanding its customer service offering?

• A. Adding a distribution center
• B. Increasing work-in-process (WIP) inventory
• C. Implementing statistical process control (SPC)
• D. Decreasing manufacturing lot sizes

Answer: A

NEW QUESTION 17

Which of the following differences must be taken into consideration when dealing with a global distribution system?

• A. Culture
• B. Cost
• C. Carriers
• D. Computer systems

Answer: A

NEW QUESTION 18

Which of the following items is considered an external failure cost?

• A. Warranty cost
• B. Incoming inspection
• C. Prevention cost
• D. Appraisal cost

Answer: A

NEW QUESTION 19

If the quantity ordered equals the quantity required in a time bucket, which of the following lot-sizing rules has been used?

• A. Lot-for-lot
• B. Fixed order quantity
• C. Order "N" periods supply
• D. Economic order quantity (EOQ)

Answer: A

NEW QUESTION 20

A distributor provides customer service by improving which of the following market driven factors?

• A. Availability
• B. Design
• C. Shelf life
• D. Quality

Answer: A

NEW QUESTION 21

The theory of constraints is most effective when:

• A. demand environments are unstable.
• B. demand environments are stable.
• C. the constraint cannot be managed easily.
• D. the constraint cannot be identified easily.

Answer: B

NEW QUESTION 22

Which of the following techniques is best for monitoring loads and capacities?

• A. Exponential smoothing
• B. Discrete lot sizing
• C. Input/output control
• D. Rough-cut capacity planning

Answer: C

NEW QUESTION 23

Which of the following systems typically involves design while manufacturing is occurring?

• A. Flow
• B. Intermittent
• C. Project
• D. Engineer

Answer: C

NEW QUESTION 24

An appropriate reason to carry safety stock is to protect against:

• A. demand fluctuations before the order point is reached.
• B. demand fluctuations after the order point is reached.
• C. price fluctuations before the order point is reached.
• D. price fluctuations after the order point is reached.

Answer: B

NEW QUESTION 25
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