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•  1 
Which of the following is an input to the master production schedule (MPS)? 
•     
The aggregate plan
•     
Bill of materials
•     
Exception report
•     
Inventory records file
Correct 
•  2 
What is the important starting point in developing a capacity plan?
•     
Predicting the needs of customers
•     
Predicting the ability of suppliers to meet needs
•     
Understanding key components of the supply chain
•     
Determining the effective capacity of a resource over some period of time.
Correct 
•  3 
Which of the following is an essential resource that flows through a hospital supply chain? 
•     
Patients
•     
Information
•     
Doctors and Nurses
•     
Medicine
Correct 
•  4 
The text mentions several common approaches to use when developing a strategy to close a capacity gap (where utilization of a resource exceeds capacity available). Which of the following is among the common approaches mentioned? 
•     
Transferring capacity from other units
•     
Hire more employees
•     
New construction
•     
Closing a related department
Correct 
•  5 
What is another name for the fixed-order quantity inventory model? 
•     
Cycle counting model
•     
Periodic replenishment model
•     
The ABC model
•     
Economic order quantity model
Correct 
•  6 
What is the effect of the lack of synchronization among supply-chain members?
•     
Forward buying
•     
Continuous replenishment
•     
Bullwhip effect
•     
Metcalf's Law
Incorrect 
•  7 
In conducting aggregate operations planning there are a number of required inputs. Which of the following are inputs considered most external to the firm? 
•     
Internal inventory levels and market demand
•     
Current physical capacity of the organization
•     
Subcontractor capacity and inventory levels
•     
Raw material availability and competitor's behavior
Correct 
•  8 
In business forecasting, what is usually considered a short-term time period? 
•     
More than three months
•     
Six months or more
•     
Less than three months
•     
Four weeks or less
Correct 
•  9 
Which of the following is an input file necessary to run an MRP system?
•     
Computer-aided-design files
•     
Planned order schedule
•     
Inventory records file
•     
Exception report
Correct 
•  10 
Which of the following is an input file necessary to run an MRP program?
•     
Quality management report
•     
Planned-order schedules
•     
Exception reports
•     
Bill of materials (BOM) file
Correct 
•  11 
Which of the following is one of the categories of manufacturing inventory? 
•     
Economic Order Inventory
•     
JIT Inventory
•     
Quality units
•     
Work-in-process
Correct 
•  12 
Which of the following is most closely related to the reason a firm might implement MRP? 
•     
So they can insure that parts to arrive D. To assure appropriate quality levels
•     
So they can order parts sufficient for immediate use
•     
To assure appropriate quality levels
•     
So they can order the right parts
Correct 
•  13 
In most cases, demand for products or services can be broken into several components. Which of the following is considered a component of demand? 
•     
Past demand
•     
Future demand
•     
Cyclical elements
•     
Inconsistent demand
Correct 
•  14 
Which is the most challenging kind of supply chain to manage according to Hau Lee? 
•     
Risk-hedging
•     
Erratic 
•     
Efficient
•     
Agile
Correct 
•  15 
Which of the following is considered a pure production planning strategy? 
•     
Stable workforce, variable work hours
•     
Level playing field
•     
Lag demand
•     
Variable workforce, stable work hours
Correct 
•  16 
Which of the following is a perpetual system for inventory management?
•     
First-in-first-out
•     
Fixed-order quantity
•     
P model
•     
Fixed-time period
Correct 
•  17 
Which of the following is an input to the master production schedule? 
•     
Prototype products from product development
•     
Peg reports from factory records
•     
Forecasts of customer demand
•     
Aggregate component schedule
Correct 
•  18 
The main purpose of aggregate operations planning is to specify the optimal combination of which of the following? 
•     
The strategic plan and the products available for sale
•     
The workforce level and the degree of automation
•     
Inventory on hand and financing costs for that inventory
•     
Workforce levels and inventory on hand
Correct 
•  19 
Which of the following is one of the main purposes of a MRP system? 
•     
Decrease labor requirements.
•     
Educate personnel in basic work rules.
•     
Determine the materials needed.
•     
Stimulate the work force.
Correct 
•  20 
When considering outsourcing, what should firms tend to avert? 
•     
Giving the outsourcing partner opportunities to become a strong competitor
•     
Allowing outsourcing to develop into a substitute for innovation
•     
Losing control of non-core activities
•     
Allowing employees transferred to the outsourcing partner to rejoin the firm
Correct 
•  21 
Which of the following forecasting methods is very dependent on selection of the right individuals who will judgmentally be used to actually generate the forecast? 
•     
Weighted moving average
•     
Simple moving average
•     
Time series analysis
•     
Delphi method

 

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  • Submitted On 22 Jul, 2015 05:24:18
Solution posted by
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• 1 Which of the following is an input to the master production schedule (MPS)? • The aggregate plan • Bill of materials • Exception report • Inventory records file Correct • 2 What is the important starting point in developing a capacity plan? • Predicting the needs of customers • Predicting the ability of suppliers to meet needs • Understanding key components of the supply chain • Determining the effective capacity of a resource over some period of time. Correct • 3 Which of the following is an essential resource that flows through a hospital supply chain? • Patients • Information • Doctors and Nurses • Medicine Correct • 4 The text mentions several common approaches to use when developing a strategy to close a capacity gap (where utilization of a resource exceeds capacity available). Which of the following is among the common approaches mentioned? • Transferring capacity from other units • Hire more employees • New construction • Closing a related department Correct • 5 What is another name for the fixed-order quantity inventory model? • Cycle counting model • Periodic replenishment model • The ABC model • Economic order quantity model Correct • 6 What is the effect of the lack of synchro...
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