Demand for services can be broken into several components

Assignment Help Project Management

Reference no: EM13794011

1 In conducting aggregate operations planning there are a number of required inputs. Which of the following are inputs considered most external to the firm?

Raw material availability and competitor's behavior
Internal inventory levels and market demand
Current physical capacity of the organization
Subcontractor capacity and inventory levels

2. When considering outsourcing, what should firms tend to avert?

Allowing employees transferred to the outsourcing partner to rejoin the firm
Allowing outsourcing to develop into a substitute for innovation
Losing control of non-core activities
Giving the outsourcing partner opportunities to become a strong competitor

3. Which of the following is a perpetual system for inventory management?

First-in-first-out
Fixed-time period
Fixed-order quantity
P model

4. Which of the following is an input file necessary to run an MRP system?

Inventory records file
Computer-aided-design files
Planned order schedule
Exception report

5. Which of the following is one of the main purposes of a MRP system?

Decrease labor requirements.
Stimulate the work force.
Educate personnel in basic work rules.
Determine the materials needed.

6. Which is the most challenging kind of supply chain to manage according to Hau Lee?

Erratic
Efficient
Risk-hedging
Agile

7. What is the important starting point in developing a capacity plan?

Predicting the needs of customers
Understanding key components of the supply chain
Predicting the ability of suppliers to meet needs
Determining the effective capacity of a resource over some period of time.

8. Which of the following is an input file necessary to run an MRP program?

Planned-order schedules
Bill of materials (BOM) file
Exception reports
Quality management report

9. What is the effect of the lack of synchronization among supply-chain members?

Forward buying
Bullwhip effect
Continuous replenishment
Metcalf's Law

10. Which of the following is an input to the master production schedule (MPS)?

Bill of materials
Inventory records file
The aggregate plan
Exception report

11. In most cases, demand for products or services can be broken into several components. Which of the following is considered a component of demand?

Future demand
Cyclical elements
Inconsistent demand
Past demand

12. The main purpose of aggregate operations planning is to specify the optimal combination of which of the following?

Inventory on hand and financing costs for that inventory
Workforce levels and inventory on hand
The workforce level and the degree of automation
The strategic plan and the products available for sale

13. Which of the following is most closely related to the reason a firm might implement MRP?

To assure appropriate quality levels
So they can insure that parts to arrive D. To assure appropriate quality levels
So they can order the right parts
So they can order parts sufficient for immediate use

14. 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
Closing a related department
New construction

15. What is another name for the fixed-order quantity inventory model?

The ABC model
Periodic replenishment model
Economic order quantity model
Cycle counting model

16. Which of the following is an essential resource that flows through a hospital supply chain?

Patients
Medicine
Information
Doctors and Nurses

17. In business forecasting, what is usually considered a short-term time period?

Less than three months
Six months or more
Four weeks or less
More than three months

18. Which of the following is one of the categories of manufacturing inventory?

Work-in-process
Economic Order Inventory
Quality units
JIT Inventory

19. Which of the following is an input to the master production schedule?

Aggregate component schedule
Forecasts of customer demand
Prototype products from product development
Peg reports from factory records

20. 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?

Time series analysis
Delphi method
Weighted moving average
Simple moving average

21. Which of the following is considered a pure production planning strategy?

Lag demand
Variable workforce, stable work hours
Stable workforce, variable work hours
Level playing field

Reference no: EM13794011

Questions Cloud

Explain how approach reduces moral hazard : What could U.S. policymakers have done to prevent the Great Depression or at least re- duce its severity

Age of massive budget deficits and increased : In this day and age of massive budget deficits and increased Congressional Oversight has the DIA become redundant?

Represent an intrusion of the federal government : After reading Information and Intelligence (Including Terrorism) Fusion Centers" and "Fusion Center Success Stories" do you think Fusion Centers perform a valuable role in countering the terrorist threat or do they represent an intrusion of the Fe..

Role of carbon footprint in the environment : Propose how you can reduce this number. In your opinion, explain if it is realistic for you to try and reduce this number.

Demand for services can be broken into several components : In most cases, demand for products or services can be broken into several components. Which of the following is considered a component of demand

Examine the major effects that government policies : Outline a plan that managers in the low-calorie, frozen microwaveable food company could follow in anticipation of raising prices when selecting pricing strategies for making their products response to a change in price less elastic.

Describe the forces of federalism : Write a word paper in which you describe the forces of federalism and how it has affected budget public policy formation. Include the following in your paper.

Problems baased on distance to stars : What units do we use and what are the limitations (if any) of the methods used for such calculations?

User Account

All Pages