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PROD315
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Questions in this quiz (20)
1The lowest planning level in a sales and operations plan is:
- AScheduling
- BResource planning
- CForcasting
- DSales and Operations planning
2Which one of the following statements concerning production and staffing plans is best?
- AAggregation can be performed along three dimensions: product families, labor, and time.
- BA staffing plan is the intermediate link between the business plan and the master production schedule.
- CProduction plans are based primarily on information from the master production plan.
- DA master production schedule is a projected statement of income, costs, and profits.
3Which one of the following statements about managerial inputs to production and staffing plans is BEST?
- AFinance provides labor and machine standards.
- BHuman resources provide the training capacity and labor-market conditions.
- CMarketing provides the schedule of sales associates.
- DMaterials provide the current staffing level.
4Pilferage, obsolescence, and insurance costs are all elements of this cost category.
- Astaffing
- Bbackorder and stockout
- Cproduction
- Dinventory holding
5Which one of the following statements concerning supply options is best?
- ASubcontracting can help overcome short-term capacity shortages by offloading work on other producers.
- BCreating anticipation inventory increases customization and is particularly favored in the service industry.
- CAdjusting workforce levels is preferred when the workforce is skilled and the labor pool is small.
- DUsing overtime capacity usually improves worker productivity.
6Which one of the following statements concerning sales and operations planning alternatives is best?
- ABuilding anticipation inventory during the slack season is a demand management option a firm can follow to satisfy seasonal demand patterns.
- BAdjusting workforce levels is an attractive reactive alternative when the cost of training and unemployment compensation is high.
- CCreating anticipation inventory has the advantage of increasing customization.
- DUsing overtime is an undesirable option when the overtime wage premium is high and sustained levels of top worker productivity are important.
7Which one of the following actions applies to a level strategy?
- AHire workers to increase production output to match increases in demand requirements.
- BBuild anticipation inventory to meet the seasonality in demand.
- CDecrease production output to match any decreases in demand requirements.
- DUse promotional campaigns to boost demand.
8Which one of the following conditions favors a chase strategy for manufacturing firms?
- AHigh availability of workers
- BHigh level of skill requirements for the workers
- CHighly automated equipment and a make-to-stock strategy
- DLow inventory-holding cost
9Which one of the following conditions favors a level strategy for manufacturing firms?
- AHigh availability of workers
- BShort shelf life of inventory
- CHighly automated equipment and a make-to-stock strategy
- DHigh inventory-holding cost
10The sales and operations planning strategy to be used should be consistent with the business environment. Which one of the following pairs of business environment and strategy is consistent?
- ASkilled labor in short supply; adjust workforce levels
- BLow inventory holding cost; build anticipation inventory
- CAmple labor supply; increase backlog for short-term demand surges
- DSeasonal requirements and ample, unskilled labor supply; subcontracting
11A companywide process that cuts across traditional functional areas, business units, geographic regions, and product lines is a(n):
- Aenterprise process.
- Bdrum-buffer-rope process.
- Ckinetic process.
- Dfull-business process.
12MRP can be used to best advantage under which one of the following circumstances?
- AWhen the item’s demand depends only on customer demand
- BWhen the item’s demand is uniform
- CWhen the item’s demand is constant
- DWhen the item’s demand depends on the production plans of its parent(s).
13The time-phased plan specifying when and how many end items are to be built is known as the:
- Aaggregate production plan
- Bmaster production schedule
- Cbill of materials file
- Dplanned order releases
14The bill of materials contains all of the following information EXCEPT:
- Aproduct structure
- Bquantity per unit used in the parent
- Con hand quantities
15Which best defines the gross requirements for a component item?
- Athe forecasted customer demand for the component
- Bthe amount of safety stock needed to buffer against uncertainties
- Cthe sum of gross requirements for all parents of the component
- Dthe total demand for the component derived from all immediate parents
16In an MRP system, component demand is:
- Aforecasted
- Bestablished by the master production schedule
- Ccalculated by the MRP system from the master production schedule
- Dignored
17Which of the following is considered a "planning factor" for an MRP record?
- Agross requirement quantities
- BBOM structure
- Clot-sizing rule
- Dparent usage quantity
18The process of multiplying the number of end items times the quantity of each lower level item needed to produce a single end item is called
- Aexplosion.
- Bnetting
- Coffsetting
- Dpegging
19Which of the following statements about MRP is TRUE?
- ATo be classified as a successful MRP user, a company must use either the L4L or POQ rules for lot sizing.
- BMRP gross requirements for a parent item are equal to the planned order releases of its components.
- CMRP logic is based on the logic of uniform, continuous demand, and item independence.
- DMRP gross requirements for a component depend on the planned order releases of its immediate parents.
20Material requirements planning (MRP) is a system for
- Acomputing economic order quantities.
- Bdetermining when to release orders.
- Ccomputing safety stocks.
- Ddetermining service levels.
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- Productions 315 Quiz on PROD315, created by Samantha Jankowski on 13/11/2017.
- Author
- Samantha Jankowski
- Language
- English
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