OPC
Firms will generally make-to-order when:
-there are many product options -products are produced to customer specifications -product is expensive to make and store
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
If the opening inventory is 100 units, the sales are 500 units and the ending inventory is 200 units, then manufacturing must produce
600 units
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 statements is true regarding production planning
A translation must be made from product demand to capacity demand. Product groups based on similarity of manufacturing process should be used in planning. A high level of detail is not need ed
In terms of INCREASING level of detail, which is the correct sequence of activities? I. Material requirements planning II. Master production sched uling III. Production planning
I, II, III
Which of the following are characteristics of an MRPII system?I. It incorporates the plans of marketing, production and finance. II. It is a fully integrated planning and control sys tem. III. It has feedback from the bottom up.
I, II, III
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, IV
Which of the following is true? I. The strategic plan is stated in product terms II. The strategic business plan is stated in financial terms III. The strategic business plan is developed from the strategic plan.
II and III
The ability of manufacturing to produce goods and services is c alled
capacity
Determining the need for labor, machines, and physical resources to meet the production objectives of the firm is call ed :
capacity planning
Which of the following is an input to the production plan
engineering plan strategic business plan market plan financial plan
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
Over the time span of the production plan, which of the following can usually be varied to change capacity?
inventories work force
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 include all functions at the executive level
A statement of a schedule of requirements for individual end items is called
master production schedule
Which of the following is a characteristic of a production plan?
none of the above
Which of the following is NOT a rule of Sales and Operations Planning?
product groups need not be decided
Which of the following is a basic strategy in developing a production plan?
production level chase strategy
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
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
Which of the following is concerned with long-term planning of manufacturing activity
sales and operations planning
For the purposes of production planning, product groups should be established on the basis of
similarity of manufacturing process
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
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