A company decided not to pursue a business opportunity In a foreign market due to political Instability and currency fluctuations. Which risk control strategy did this business utilize?
Which of the following tools is used to evaluate the impact that a production plan has on capacity?
How would a master production schedule (MPS) be used In an assemble-to-order (ATO) manufacturing environment?
Which of the following statements is true about the meantime between failures (MTBF) measure?
The trade-off of increasing safety stock to improve customer fill rate would be a decrease in:
Which of the following is the fundamental difference between finite loading and other capacity planning approaches?
A company can easily change Its workforce, but inventory carrying costs are high. Which of the following strategies would be most appropriate during times of highly fluctuating demand?
The cost accountant has discovered a consistent overage in actual run time for one operation. This information should be sent first to the:
Capacity requirements planning (CRP) is applicable primarily In companies operating In an environment where:
Which of the following capacity planning methods uses the master production schedule (MPS) as its primary input?
Which of the following attributes describes a company with a global strategy?
Based on the values reported in the table below, what is the inventory turnover?
Under which of the following conditions is excess capacity most likely a good substitute for safety stock?
Long lead-time items with stable demand would best be supported by a supply chain:
A newer automotive supplier has not fully developed its information technology (IT) systems. The supplier has Just received a contract from a large automotive manufacturer which requires the supplier to use electronic data interchange (EDI) transactions for receiving orders, sending advance ship notices (ASNs), and receiving invoice payments. What strategy can the supplier adopt to immediately meet the EDI requirements?
Which of the following conditions is most likely to result in planned production that is greater than the total demand over the sales and operations planning (S&OP) horizon for a product family that is
made to stock?
When designing a production cell, which of the following items would be the most important consideration?
The question below is based on the following standard and actual data of a production order
Which of the following statements about variances is true?
If all other factors remain the same, when finished goods inventory investment is increased, service levels typically will:
Global outsourcing and shared suppliers serving an industry are drivers of which category of risk?
We have observed the inventory system does not handle plastic parts well." What should be added to the problem statement to make it more useful?
In a lean environment, the batch-size decision for planning "A" items would be done by:
In a rapidly changing business environment, a primary advantage of an effective customer relationship management (CRM) program is:
Marketing has requested a significant change in the mix for a product family. The requested change falls between the demand and the planning time fences. The most appropriate action by the master scheduler is to:
Given the bill of material (BOM) information below and independent requirements of 10 pieces (pcs) per week of Component A and 20 pieces (pcs) per week of Component B, what is the weekly gross requirement of component F?
The horizon for forecasts that are input to the sales and operations planning (S&OP) process should be long enough that:
Which of the following planning modules considers the shortest-range planning goals?