Q1 Which of the following is an input to the master production schedule (MPS)?
• The aggregate plan
• Bill of materials
• Exception report
• Inventory records file
Q2 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.
Q3 Which of the following is an essential resource that flows through a hospital supply chain?
• Patients
• Information
• Doctors and Nurses
• Medicine
Q4 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
Q5 What is another name for the fixed-order quantity inventory model?
• Cycle counting model
• Periodic replenishment model
• The ABC model
• Economic order quantity model
Q6 What is the effect of the lack of synchronization among supply-chain members?
• Forward buying
• Continuous replenishment
• Bullwhip effect
• Metcalf's Law
Q7 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
Q8 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
Q9 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
Q10 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
Q11 Which of the following is one of the categories of manufacturing inventory?
• Economic Order Inventory
• JIT Inventory
• Quality units
• Work-in-process
Q12 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
Q13 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
Q14 Which is the most challenging kind of supply chain to manage according to Hau Lee?
• Risk-hedging
• Erratic
• Efficient
• Agile
Q15 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
Q16 Which of the following is a perpetual system for inventory management?
• First-in-first-out
• Fixed-order quantity
• P model
• Fixed-time period
Q17 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
Q18 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
Q19 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.
Q20 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
Q21 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