Som 464 Midterm
Firms will generally make-to-order when:
All of the above
Which of the following statements is best?
All of the above
Which of the following statements is true regarding production planning?
All of the above
Postponement is best described as:
Delaying the customer-specific differentiation until the last possible moment
Which of the following is NOT a rule of Sales and Operations Planning?
Product groups need not be decided
Which of the following is the best statement?
a and b are true
Which of the following statements is best?
a and b only are true.
For the purposes of production planning, product groups should be established on the basis of
similarity of manufacturing process
Which of the following is NOT a component of a demand pattern?
standard deviation
If the old backlog was 200 units, the forecast for the next period is 500 units, and production for the next period is 600 units, what will be the backlog at the end of the next period?
100 units
The old forecast was for 200 units and last month's sales were 225 If a (alpha) is 0.2 what is the forecast for next month?
205
A work center consists of 2 machines working 8 hours a day and 5 days a week. Historically, utilization has been 80% and the efficiency 90%. The rated capacity, to the nearest hour, would be:
58 hours
If the opening inventory is 100 units, the sales are 500 units and the ending inventory is 200 units, then manufacturing must produce:
600
Demand over the past three months has been 700, 750, and 900. Using a three-month moving average, what is the forecast for month four?
783
Over a 10-week period the cumulative sales are forecast at 10,000 units, the opening inventory is 200 units and the closing inventory is to be 100 units. What should be the weekly planned production for level production?
990
Which of the following is an input to the production plan?
All of the above
Which of the following is a basic strategy in developing a production plan?
Both
Annual set-up costs are higher in Product Layout V.S. Process Layout
False
Inventory control costs are higher in a Product Layout V.S. Process Layout
False
Lead Times are longer in Product Layout V.S. Process Layout
False
Run Costs are higher in Product Layout V.S. Process Layout
False
Work in process (WIP) is higher in Product Layout V.S. Process Layout
False
The MPS is a vital link the production planning system because it: Keeps priorities valid. Forms the basis for determining the capacity needed. Is input to the material requirements plan. Is input to the production plan.
I, II and III only
Which of the following information is needed to develop a make-to-stock production plan? I. Forecast by time period for the production plan II. Opening inventory III. Opening backlog of customer orders IV. Desired ending inventory
I, II and IV
Rated capacity is calculated taking into account work center________ and . historical data utilization efficiency
II and III
________ is responsible for capacity planning at the master production schedule level and ________at the material requirements planning level: Resource planning Rough-cut capacity planning Capacity requirements planning
II and III
In terms of INCREASING level of detail, which is the best sequence of activities? 1. Material requirements planning 2. Master production scheduling 3. Production planning
III, II, and I
Which of the following statements is true about sales and operations planning?
It is usually updated on a monthly basis.
Which of the following is most true about Sales and Operations Planning?
It usually includes all functions at the executive level
Firms will generally make-to-stock when:
None of the above
Which of the following is a characteristic of a production plan?
None of the above
The process of managing the recovery, recycling and reuse of material is called
Reverse logistics
Capital Costs are higher in Product Layout V.S. Process Layout
True
Product volumes are higher in Product Layout VS. Process Layout
True
Over the time span of the production plan, which of the following can usually be varied to change capacity?
a and b
The document that shows the component parts and the number of parts needed to make one of an assembly or subassembly is called:
a bill of material
A statement of a schedule of requirements for individual end items is called?
a master production schedule
The information needed to develop a master production schedule will be obtained from:
all of the above
Which of the following is the best statement about the general principles of forecasting?
all of the above are general principles of forecasting
Which of the following statements is best regarding forecasting techniques?
all of the above are true
Which of the following statements is best?
all of the above are true
Which of the following statements is most appropriate regarding production planning?
all of the above are true
The portion of inventory or production not committed to customer orders is called:
available to promise
The ability of manufacturing to produce goods and services is called
capacity
Determining the need for labor, machines, and physical resources to meet the production objectives of the firm is called:
capacity planning
Determining the need for labor, machines, physical resources to meet the production objectives of the firm is called:
capacity planning
Which of the following is the best statement about the operating environment in which operations management functions?
customers are more demanding
Which of the following is a complete closed loop planning system that develops plans for all materials and operations?
enterprise resource planning
Priority in production planning relates to
how much of what is needed and when
Priority in production planning relates to:
how much of what is needed and when
Which of the following strategies has the shortest delivery lead time and the least customer input?
make-to-stock
A set of priority planning techniques for planning component items below the end item level is called:
material requirements planning
A production planning strategy which turns away extra demand is called:
none of the above
Which of the following is NOT an input needed in capacity requirements planning?
none of the above
Which of the following statements is best?
none of the above is true
Which of the following is NOT true?
number of orders shipped is a good measure of demand for an item
A multi-level bill of material: Reflects the way the product will be manufactured Is produced by the purchasing department Is a parts list only and does not contain subassemblies
only I is true
Which of the following are objectives of an MPS? Maintain the desired level of customer service. Keep the sales department happy. Make the best use of material, labor and equipment.
only I, III and IV are objectives
A bill of material whose purpose is to simplify forecasting, master production scheduling and material requirements planning is called:
planning bill
Which basic production planning strategy will build inventory and avoid the costs of excess capacity?
production leveling
The function of setting the limits or levels of manufacturing operations based on the market plan and resource availability is called:
production planning
In the short run, capacity can be altered by any of the following EXCEPT:
purchasing new equipment
When a company establishes a program to recycle or reuse products discarded or returned from customers it is typically called which of the following?
reverse supply chain
The process of checking the MPS against available capacity is called:
rough-cut capacity planning
Which of the following is concerned with long-term planning of manufacturing activity?
sales and operations planning
The final assembly schedule (FAS):
schedules customer orders as they are received based on components planned in the MPS
Which of the following plans has the longest planning horizon and the least level of detail?
strategic business plan
Which basic production planning strategy avoids hiring and layoff costs and the costs of excess capacity?
subcontracting
Which following best represents the concept of sustainability?
the ability to continue operation in the long term
In an assemble-to-order company, at which level should master scheduling take place?
the component/subassembly level
A major input to an MRP system is:
the master schedule
Which statement is best?
the planned order release of the parent generates the gross requirement of the component
Available capacity in production planning is:
the quantity of work that can be performed in a given period of time
Which of the following statements is best regarding order winners?
they persuade a company's customers to choose its product
Which of the following represents the major reason for developing the production plan as part of Sales and Operations Planning?
to plan for resources required to produce to the agreed plan
