Week 3 Quiz (21/21 right)
1 What is the important starting
point in developing a capacity plan?
Predicting the ability of suppliers to
meet needsDetermining the effective capacity of a resource
over some period of time.Understanding key components of the supply chainPredicting the needs of customers
2 Which of the following is an
input file necessary to run an MRP program?
Bill of materials (BOM) filePlanned-order schedulesException reportsQuality management report
3 Which is the most
challenging kind of supply chain to manage according to Hau Lee?
ErraticRisk-hedgingEfficientAgile
4 Which of the following is one of
the categories of manufacturing inventory?
Economic Order
InventoryWork-in-processQuality unitsJIT Inventory
5 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?
Simple moving averageTime series analysisDelphi methodWeighted moving average
6 Which of the following is an
input to the master production schedule?
Prototype products from
product developmentPeg reports from factory recordsForecasts of customer demandAggregate component schedule
7 Which of the following is a
perpetual system for inventory management?
Fixed-time periodFixed-order quantityP modelFirst-in-first-out
8 The main purpose of aggregate
operations planning is to specify the optimal combination of which of the
following?
Workforce levels and inventory on handInventory on hand and
financing costs for that inventoryThe strategic plan and the products available for
saleThe workforce level and the
degree of automation
9 In most cases, demand for
products or services can be broken into several components. Which of the
following is considered a component of demand?
Cyclical elementsPast demandInconsistent demandFuture demand
10 What is another name for the
fixed-order quantity inventory model?
Cycle counting modelThe ABC modelEconomic order quantity modelPeriodic replenishment model
11 Which of the following is an
input to the master production schedule (MPS)?
Exception reportThe aggregate planBill of materialsInventory records file
12 What is the effect of the lack of
synchronization among supply-chain members?
Continuous
replenishmentForward buyingBullwhip effectMetcalf’s Law
13 In business forecasting, what is
usually considered a short-term time period?
Less than three monthsMore than three monthsFour weeks or lessSix months or more
14 Which of the following is an
essential resource that flows through a hospital supply chain?
PatientsMedicineDoctors and NursesInformation
15 When considering outsourcing,
what should firms tend to avert?
Giving the outsourcing partner opportunities to
become a strong competitorLosing control of
non-core activitiesAllowing outsourcing to develop into a substitute
for innovationAllowing employees transferred to the
outsourcing partner to rejoin the firm
16 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 behaviorSubcontractor capacity
and inventory levelsCurrent physical capacity of the organizationInternal inventory levels and market demand
17 Which of the following is an
input file necessary to run an MRP system?
Planned order scheduleException reportInventory records fileComputer-aided-design files
18 Which of the following is one of
the main purposes of a MRP system?
Determine the materials
neededEducate personnel in
basic work rules.Stimulate the work
forceDecrease labor requirements
19 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?
Closing a related departmentNew constructionHire more employeesTransferring capacity from other units
20 Which of the following is
considered a pure production planning strategy?
Variable workforce, stable work hoursStable workforce, variable work
hoursLevel playing fieldLag demand
21 Which of the following is most
closely related to the reason a firm might implement MRP?
To assure appropriate quality
levelsSo they can order the right partsSo they can insure that parts to arrive
D. To assure appropriate quality levelsSo they can order parts
sufficient for immediate use Week 3 Quiz (21/21 right)1 What is the important starting
point in developing a capacity plan?2 Which of the following is an
input file necessary to run an MRP program?3 Which is the most
challenging kind of supply chain to manage according to Hau Lee?4 Which of the following is one of
the categories of manufacturing inventory?5 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?6 Which of the following is an
input to the master production schedule?7 Which of the following is a
perpetual system for inventory management?8 The main purpose of aggregate
operations planning is to specify the optimal combination of which of the
following?9 In most cases, demand for
products or services can be broken into several components. Which of the
following is considered a component of demand?10 What is another name for the
fixed-order quantity inventory model?11 Which of the following is an
input to the master production schedule (MPS)?12 What is the effect of the lack of
synchronization among supply-chain members?13 In business forecasting, what is
usually considered a short-term time period?14 Which of the following is an
essential resource that flows through a hospital supply chain?15 When considering outsourcing,
what should firms tend to avert?16 In conducting aggregate operations
planning there are a number of required inputs. Which of the following are
inputs considered most external to the firm?17 Which of the following is an
input file necessary to run an MRP system?18 Which of the following is one of
the main purposes of a MRP system?19 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?20 Which of the following is
considered a pure production planning strategy?21 Which of the following is most
closely related to the reason a firm might implement MRP?
