MGMT 1-3 in class questions
which of the following statements is best regarding the master production schedule
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If the old backlog was 200 units, forecast for the next period is 500 units, and production for the next period 600, what will be the backlog of the next period
100 units
If the opening inventory is 100 units, the sales are 500 units and the Ending inv is 200 units, than manufacturing must produce
600 units
Over a 10 wk period the cumulative sales are forecast at 10 k units, the opening inventory is 200 units and closing inventory is to be 100 units. What should be the weekly planned production for level production
990
Making a pizza at a fast-food restaurant would be considered a form of:
A engineer to order Assemble to order <--- Make to stock Make to order None of the above
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 got from
All of these: The production plan, the forecast of individual end items, inventory levels for individual end items
Given the following data complete the table. There are 30 on hand. Order quantity is 60 units. WK 1 2 3 4 Forecast 20 30 50 20 Proj Avail: Shed Recipe:
Answer is the projected available in week 4 is 30
postponement is best used with items that:
Are standardized and have short lead times
the portion of inventory or production not committed to customer order is called
Available to promise
Over the time span of the production plan, which of the following can usually be varied to change capacity
Both work force and inventories
Which basic production planning strategy will build inventory and avoid the costs of excess capacity
Demand matching (chase)
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
the final assembly schedule is used
In an assemble-to-order environment
Which of the following statements is best about sales and operations planning
It is usually updated on a monthly basis
The term that describes eliminating waste throughout a company is
Lean production
which of the following is a contract between manufacturing and marketing
Master schedule
sales forecasting and resource capacity planning are two components of which of the following
Master scheduling Sales and ops planning Prod plan Master prod schedule Do not have answer?
savings in the supply chain mostly result of
Members in the chain sharing information
Which of the following is a characteristic of production plan
None of the following: 1. Time horizons are five years 2. The production plan is for individual items 3. The only objective is to have an efficient plant 4. All of the above are characteristics of a production plan
Which of the following Is a basic strategy In developing a production plan
Production leveling and chase strategy
which of the following is the term applied to a master schedule for a purchased item
Purchase order
the process of checking the mps against the available capacity is called
Rough-cut capacity planning
For the purposes of production planning, product groups should be established on the basis of:
Similarity of manufacturing process
master scheduling is a balancing act between which of the following
Supply and demand
in an assemble-to-order company, at which level should master scheduling take place
The component/subassembly level
Which of the statements is best regarding order winners
a. --> They persuade a companies customers to chose its product <---- b. They are the same in every market c. They are the same as order qualifiers, only better d. They are present in every product e. All the above are true
which of the following strategies has the shortest delivery lead time and the least customer input
a. Engineer-to-order b. Make-to -order c. Assemble-to-order d. Made-to-stock <---
metrics in a supply chain are
a. Measurements of performance
Which of the following is the statement about the operating environment in which ops management functions
a. Most organizations do not need to worry about competition b. ---> Customers are more demanding <--- c. Govt regulation is not impt for companies d. Price is more important for companies e. None of the above is true
Comp a and b supply c which supply d and e customers. Which of following statements best
a. The supply chain for company a includes b,c,d,e b. The supply chain for company b includes a,c,d,e c. ---> supply chain for c includes a,b,d,e <--- d. All above true
Select best answer to the following
a. Traditionally supply-production-distribution functions have reported to different departments b. The supply, production and distribution functions are part of a total system c. Materials flow into an organization are processed in some way and distributed to the consumers d. ---> ALL OF THE ABOVE ARE CORRECT <--- e. None of the above is correct
Which of the following is not an activity of physical supply/ distribution
a. Transportation b. Factory inventory <--- c. Warehousing d. Packaging e. Materials handling
if the cost of manufacturing (DL and materials) is 50% of sales and profit is 15% of sales, what would the profit percentage be if the DC of manufacturing was reduced from 50% to 47%
a.) 3% b.) 6% c.) 12% e.) 18% <---
2. The MPS is a vital link the production planning system because it: I. Keeps priorities valid II. Forms the basis for determining the capacity needed III. Is input to the material req plan IV. Is input to the production plan
b. I,II,III........... IV is wrong
The ability of the manufacturing to produce goods and services is called
capacity
if a manufacturing lead time of an item is reduced by 50% the work in process inventory
is reduced by approx. 50%
the time span for which plans are made is called the
planning horizon
Determining the need for labor machines physical resources to meet the production objectives of the firm is called
production planning
Which of the following plans has the longest planning horizon and the least level of detail
strategic business plan
if there are customer orders the projected available is based on
• Final assembly schedule <-- • Sales forecast for items • Current inventory status • Customer orders • Production plans
