Operations Management Test 2 Practice
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In the business setting, the operations part of business forms the largest portion of all the work around management. The operations management test 2 practice below will help you understand the fundamentals of operations well.
- 1.The mrp input listing the assemblies, sub assemblies, parts, and raw materials needed to produce one unit of finished product is the:
- A.
Master production schedule
- B.
Bill of materials
- C.
Inventory methods
- D.
Assembly time chart
- E.
Net requirements chart
- 2.Which of the following is not an input to the aggregate planning process?
- A.
Resources
- B.
Demand forecast
- C.
Policies on work force changes
- D.
Master production schedules
- E.
Cost information
- 3.Which of the following is not a step in the forecasting process?
- A.
Determine the purpose and level of detail required
- B.
Eliminate all assumptions
- C.
Establish a time horizon
- D.
Select a forecasting model
- E.
Monitor the forecast
- 4.Aggregate planning requires which of the following information?
- A.
Forecast of expected demand
- B.
Current levels of inventory
- C.
Policies regarding employment levels
- D.
All of the above
- 5.The main input for master scheduling (i.e. mps) is:
- A.
Long term forecasting
- B.
Aggregate production (capacity) plan (i.e. aggregate planning)
- C.
Material requirements planning (mrp)
- D.
None of the above
- 6.Which term is most likely associated with the term disaggregation
- A.
Subcontracting
- B.
Master schedule or master production schedule (mps)
- C.
Varying inventory levels
- D.
Firing and laying off
- 7.The basic goal of aggregate planners is to balance:
- A.
Demand and inventories
- B.
Capacity and inventories
- C.
Capacity and backlogs
- D.
Capacity and demand during the planning period
- 8.One option for altering the pattern of demand is
- A.
Backorders
- B.
Overtime
- C.
Part time workers
- D.
Subcontracting
- 9.How does the size of the smoothing factor (a) in exponential smoothing affect the forecast? what are advantages and disadvantages of choosing small or large (a) values? explain
- 10.Briefly discuss the requirements and benefits of mrp
- 11.What's aggregate planning? what is its purpose?
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