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NEW QUESTION 24
The message in which the planner must tell the MRP software of all actions taken that will influence the MRP records called
- A. Transaction messages
- B. Exception messages
- C. Bottom-up re-planning
- D. None of the above
Answer: A
NEW QUESTION 25
Each active manufacturing order has a record in which file?
- A. work center detail file
- B. work center master file
- C. shop order master file
- D. shop order detail file
Answer: C
NEW QUESTION 26
"The function of establishing, measuring, monitoring and adjusting limits or levels of capacity in order to execute all manufacturing schedules". This definition is related to:
- A. Capacity planning
- B. Capacity management
- C. None of these
- D. Capacity control
Answer: B
NEW QUESTION 27
A systematic, formal, and conscious procedure for testing to determine customer opinion or intention is called:
- A. Market research
- B. None of the above
- C. Forecasting procedure
- D. Record customer group
Answer: A
NEW QUESTION 28
The purchase cost of the stock-keeping units or the cost of manufacturing the item is called:
- A. Key cost
- B. Elementary cost
- C. Economic cost
- D. Unit cost
Answer: D
NEW QUESTION 29
A distributor has decided to implement push replenishment throughout its network. Which action is most consistent with this decision?
- A. establishing safety stocks
- B. establishing a bill of distribution
- C. establishing lead times
- D. establishing double order points
Answer: B
NEW QUESTION 30
The capacity planning process occurs at each level in the priority planning process, varying only in:
- A. The time spans involved
- B. Capacity requirements
- C. The level of detail
- D. The level of detail and the time spans involved
Answer: D
NEW QUESTION 31
Identify the problem, generate ideas about main causes of problem, brainstorm all possible causes for each main cause and try to identify the most likely root cause are all the steps of:
- A. Cause-and-effect diagram
- B. Schematic of a process
- C. Pareto diagram
- D. Component diagram
Answer: A
NEW QUESTION 32
The needs of sales and the economics of production must be balanced, and this balance is usually obtained with:
- A. Product simplication
- B. Product Specialization
- C. All of the above
- D. Product Standardization
Answer: C
NEW QUESTION 33
is used to protect against timing uncertainty by planning order releases and order receipts earlier than required.
- A. Direct release
- B. Safety lead time
- C. Fast order release
- D. Lead command
Answer: B
NEW QUESTION 34
For effective planning:
- A. Capacity should be given more importance than priority
- B. Priority should be given more importance than capacity
- C. None of these
- D. There must be a balance between priority and capacity
Answer: D
NEW QUESTION 35
On the average a firm has 10 weeks of work-in-process and annual cost of goods sold is $15 million. Assuming that, the company works 50 weeks a year. What is the dollar value of the work-in-process?
- A. 1,000,000
- B. 1,000,500
- C. 1,500,000
- D. None of these
Answer: C
NEW QUESTION 36
How many standard hours are needed to run an order of 200 pieces if the setup time is 1.3 hours and the run time 0.3 hours per piece? How many actual hours are needed at the work center if the efficiency.130% and the utilization is 70%?
- A. 61.3 standard hours; 60.4 actual hours
- B. 62 standard hours; 60.4 actual hours
- C. 51.3 standard hours; 67.4 actual hours
- D. 61.3 standard hours; 67.4 actual hours
Answer: D
NEW QUESTION 37
The tracking signal can be calculated as:
- A. Tracking signal = algebraic sum of forecast orders / MAD
- B. Tracking signal = algebraic sum of forecast errors / MAD where MAD = Mean Absolute Deviation
- C. Tracking signal = cumulative sum of forecast errors + MAD
- D. Tracking signal = cumulative sum of forecast errors * MAD
Answer: B
NEW QUESTION 38
It should be recognized that order winners and qualifiers for any product market combination are not static. not only will customers change perspectives as competitors jokey for position but the order winners and qualifiers will often change based on the concepts of:
- A. Market needs
- B. Government regulation
- C. Product life cycle
- D. Economic changes
Answer: C
NEW QUESTION 39
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