Section 3 Quiz Questions

10 Questions | Total Attempts: 409

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Product Quizzes & Trivia

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Questions and Answers
  • 1. 
    Which basic production planning stragety will build inventory and avoid the costs of excess capacity?
    • A. 

      Chase strategy

    • B. 

      Level production strategy

    • C. 

      Cycle counting strategy

    • D. 

      Demand matching strategy

  • 2. 
    For the purposes of production planning, prodcut families should be established on the basis of...
    • A. 

      Market segments

    • B. 

      Similarity of manufacturing process

    • C. 

      The availability of materials

    • D. 

      The availability of machinery

  • 3. 
    If the opening inventory is 100 units, salers are 500 units, and the ending inventory is 200 units, what will manufacturing produce?
    • A. 

      300 units

    • B. 

      400 units

    • C. 

      500 units

    • D. 

      600 units

  • 4. 
    Under which of the following circumstances will firms generally make to stock?
    • A. 

      Demand is unpredictable

    • B. 

      Many product options exist

    • C. 

      Required delivery times are shorter than the time needed to make the product

    • D. 

      Customers require special engineering

  • 5. 
    The information needed to develop an MPS will come from which of the following?
    • A. 

      The capacity requirements plan

    • B. 

      The forecast of individual end items

    • C. 

      Production activity control

    • D. 

      The material requirements plan

  • 6. 
    Which of the following is a characteristic of the MPS?
    • A. 

      It facilitates forecasting

    • B. 

      It works with families of products

    • C. 

      It is an agreed-upon plan between production and marketing/sales

    • D. 

      It cannot e used for order promising

  • 7. 
    Which of the following is an objective of an MPS?
    • A. 

      To maximize utilization of equipment

    • B. 

      To keep the sales department happy

    • C. 

      To maintain the desired level of customer service

    • D. 

      To minimize inventory investment

  • 8. 
    Which of the following statements is most accurate about the MPS?
    • A. 

      It is an agreed-upon plan between finance and manufacturing

    • B. 

      If it is poorly done, we can expect past-due schedules and unreliable delivery promises

    • C. 

      It is a plan for families of products that manufacturing expects to make over some period in the future

    • D. 

      It provides input to the production plan

  • 9. 
    What is the portion of inventory or production that is not committed to customer orders called?
    • A. 

      Free stock

    • B. 

      Available-to-promise

    • C. 

      Excess production

    • D. 

      Waste

  • 10. 
    Which of the following is true about time fences in an MPS system?
    • A. 

      Changes far out in the planning horizon can be made with little or no cost to manufacturing

    • B. 

      In the "frozen zone", capacity and materials can easily be committed to new orders

    • C. 

      Changes in the near future on the planning horizon are less costly to make than changes far out

    • D. 

      The master planner should be authorized to make changes in the frozen zone