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NEW QUESTION 1
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 2
Having the needed materials within easy reach of a subassembly process eliminates waste of:
- A. motion.
- B. transportation.
- C. making defects.
- D. stocks.
Answer: A
NEW QUESTION 3
What is the order point when demand is 120 units per week, the lead time is 2 weeks, and safety stock is 60 units?
- A. 180
- B. 240
- C. 300
- D. 360
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
Which of the following plans is translated into synchronized functional plans through the sales and operations planning process?
- A. Strategic
- B. Marketing
- C. Business
- D. Financial
Answer: C
NEW QUESTION 6
The question below is based on the following illustration of product parts:
Which of the following items are components?
- A. Y and Z only
- B. 1, 2, and 3 only
- C. Y, Z, 1, 2, and 3 only
- D. X, Y, Z, 1, 2, and 3
Answer: C
NEW QUESTION 7
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 8
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. Which of the following values reflects the mean absolute deviation for this data?
- A. 7.5
- B. 12.5
- C. 45
- D. 75
Answer: B
NEW QUESTION 9
Which of the following tools is considered to be one of the seven quality tools?
- A. Gantt chart
- B. Input/output chart
- C. Control chart
- D. Capacity chart
Answer: C
NEW QUESTION 10
Knowing average daily consumption and on hand inventory, a company can calculate:
- A. storage cost.
- B. days of supply.
- C. annual usage rate.
- D. annual cost of goods sold.
Answer: B
NEW QUESTION 11
Which of the following systems typically involves design while manufacturing is occurring?
- A. Flow
- B. Intermittent
- C. Project
- D. Engineer
Answer: C
NEW QUESTION 12
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 13
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 14
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 15
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 16
What is the long-term effect of reducing the number of distribution centers between a
manufacturer and its customers?
- A. Total stock quantity increases.
- B. Transport costs from factory to distribution centers only decrease.
- C. Transport costs from distribution centers to customers only decrease.
- D. Transport costs from factory to distribution centers and from distribution centers to customers decrease.
Answer: B
NEW QUESTION 17
What is the preferred mode of long-distance transportation for high-value, light-weight cargo?
- A. Air
- B. Truck
- C. Rail
- D. Ocean
Answer: A
NEW QUESTION 18
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 19
Reducing set up time will affect item lead time and throughput in which of the following ways?
- A. Lead time will increase, throughput will decrease
- B. Lead time will increase, throughput will increase
- C. Lead time will decrease, throughput will increase
- D. Lead time will decrease, throughput will decrease
Answer: C
NEW QUESTION 20
A manufacturer's market is highly dependent upon customers selecting standard options at the time of placing an order. Which of the following manufacturing strategies is best suited to compete in this market?
- A. Engineer-to-order
- B. Make-to-order
- C. Assemble-to-order
- D. Make-to-stock
Answer: C
NEW QUESTION 21
Which of the following documents or records typically is required by accounting, receiving, purchasing, and the supplier?
- A. Bill of lading
- B. Purchase requisition
- C. Receiving report
- D. Purchase order
Answer: D
NEW QUESTION 22
Which of the following typically would be the most economical mode of transportation for crude oil to an oil refinery?
- A. Water
- B. Pipeline
- C. Truck
- D. Rail
Answer: B
NEW QUESTION 23
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