Operations - Sales And Operations Management

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| By Dolores.pope
Dolores.pope, Business management
Dolores, a proficient Business Management System Manager, excels in overseeing and optimizing business processes, ensuring efficiency and effectiveness for organizational success.
Quizzes Created: 12 | Total Attempts: 3,382
| Attempts: 165
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  • 1/7 Questions

    The next step upon receiving demand and supply plans is to review and balance plans to agree on set target inventory and service levels

    • True
    • False
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About This Quiz


This quiz ensures that the employees are aware of the processes and responsibilities involved in Sales and Operations Management.

Operations - Sales And Operations Management - Quiz

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  • 2. 

    True or False: Make calculation to arrive at projected raw material requirements for the forecasted period and targeted raw material receipts by dates

    • True

    • False

    Correct Answer
    A. True
    Explanation
    The statement is true because in order to determine the projected raw material requirements for the forecasted period, calculations need to be made. These calculations take into account factors such as production levels, inventory levels, and anticipated demand. Additionally, targeted raw material receipts by dates are necessary to ensure that the necessary materials are available when needed. Therefore, it is important to make calculations to arrive at these projected requirements and receipts.

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  • 3. 

    The next step upon receiving request from SOP meeting is to develop and/or review and finalize operational plans against corporate and financial strategies and goals for implementation.

    • True

    • False

    Correct Answer
    A. True
    Explanation
    The statement is true because once the request from the SOP meeting is received, the next step is to develop and/or review and finalize operational plans. These plans are aligned with the corporate and financial strategies and goals. The purpose of this step is to ensure that the operational plans are in line with the overall objectives of the organization and can be effectively implemented.

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  • 4. 

    Where necessary conduct ______ ________ ________ to determine misalignment between business goals and execution

    Correct Answer
    Root cause analysis
    Root Cause Analysis
    ROOT CAUSE ANALYSIS
    Explanation
    Root cause analysis is a method used to identify the underlying reasons or factors that contribute to a problem or issue. It involves digging deeper into the symptoms and examining the various causes to determine the root cause. By conducting root cause analysis, businesses can identify any misalignment between their goals and execution, helping them understand the fundamental issues that need to be addressed in order to achieve their objectives.

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  • 5. 

    Undertake supply planning on the _____ working day of the last week in each month to determine capacity and raw material inventory

    Correct Answer
    Third
    third
    3rd
    3
    THIRD
    Explanation
    The correct answer is "third" or "3rd". This is because the question is asking for the specific working day of the last week in each month to undertake supply planning. The word "third" or "3rd" indicates that it is the third working day of the last week in each month.

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  • 6. 

    In association with ______   ______ review and submit planning documents

    Correct Answer
    Finance Manager
    finance manager
    Manager of Finance
    Finance manager
    FINANCE MANAGER
    Explanation
    The correct answer is "Finance Manager, finance manager, Manager of Finance, Finance manager, FINANCE MANAGER." The question is asking for the correct title or position associated with reviewing and submitting planning documents. The answer options all include variations of the title "Finance Manager," indicating that this is the correct position for the task described.

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  • 7. 

    Develop ____ _______ _______ forecast that considers the projected demand quantities against capacity requirements

    Correct Answer
    Constrained Capacity Forecast
    constrained capacity forecast
    Constrained capacity forecast
    CONSTRAINED CAPACITY FORECAST
    Explanation
    The correct answer is "Constrained Capacity Forecast". This term refers to a forecasting method that takes into account the projected demand quantities and compares them to the available capacity requirements. It helps in determining if the current capacity is sufficient to meet the projected demand or if adjustments need to be made to the capacity levels.

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  • Current Version
  • May 01, 2024
    Quiz Edited by
    ProProfs Editorial Team
  • Nov 23, 2012
    Quiz Created by
    Dolores.pope
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