Week 3 Quiz (All Answers are correct)
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?