In the business setting, the operations part of business forms the largest portion of all the work around management. Business Operations Management Quiz below will help you understand the fundamentals of operations well.
Determine the purpose and level of detail required
Eliminate all assumptions
Establish a time horizon
Select a forecasting model
Monitor the forecast
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Demand and inventories
Capacity and inventories
Capacity and backlogs
Capacity and demand during the planning period
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Master production schedule
Bill of materials
Inventory methods
Assembly time chart
Net requirements chart
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Backorders
Overtime
Part time workers
Subcontracting
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Long term forecasting
Aggregate production (capacity) plan (i.e. aggregate planning)
Material requirements planning (mrp)
None of the above
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Subcontracting
Master schedule or master production schedule (mps)
Varying inventory levels
Firing and laying off
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Resources
Demand forecast
Policies on work force changes
Master production schedules
Cost information
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