Exam #2 (Ch. 5-8) - Business Logistics & Transportation
Which of the following forecasting techniques uses one or more factors (i.e., independent variables) to predict future demand? (Ch. 6)
Casual / Cause & Effect
Which of the following is NOT one of the contemporary logistical interfaces with manufacturing? (Ch. 5)
Design for Change
Mass Customization is most appropriate for products that are in a stable market and have predictable demand (Ch. 5)
False
The production plan for any business must consider which of the following: (A) Programs (B) Priorities (C) People (D) Processes (Ch. 6)
A, C, and D only
If you are the Chief Supply Chain Officer for a large corporation, which of the following planning tools would you expect to provide you with an optimized plan based on mathematical modeling by considering all demand needs and supply limitations? (Ch. 6)
Advanced Planning and Scheduling
Which of the following represents a manufacturing management process by which resources and capacity are optimally allocated to meet demand? (Ch. 6)
Advanced Planning and Scheduling
Which planning tool would you use to help you choose between several possible alternative plans if you were concerned about a potential resource constraint? (Ch. 6)
Advanced Planning and Scheduling
A steel manufacturing plant never allows its blast furnaces to stop or cool down. What type of manufacturing process is being used? (Ch. 5)
Continuous Flow Production
The objective of Mass Customization is to increase variety for customers while also realizing the cost advantages of high volume continuous and line flow processes? (Ch. 5)
True
CPFR improves customer service by driving inventories up through collaboration with customers on their demand (Ch. 6)
False
Improving the accuracy of forecasting requires error measurement followed by analysis, and the best method for measuring forecast accuracy is to calculate the simple average error (Ch. 6)
False
Job Shop Production is an inflexible manufacturing process that requires high capital investment (Ch. 5)
False
Which manufacturing strategy would be the most appropriate to use if you were the manufacturer of Personal Protective Equipment (e.g., masks, gloves, respirators, face shields, ear plugs, hard hats, etc.)? (Ch. 5)
Make-to-Stock
Which Six Sigma Methodology would be used when the company wants to create a new product design or process that is more predictable and defect free? (Ch. 5)
DMADV
Which Manufacturing Strategy provides the most flexibility for customization? (Ch. 5)
Engineer-to-Order
If you are the Chief Supply Chain Officer for a large corporation, which of the following planning tools would you expect to provide you with a near to intermediate term view of the supply and demand requirements for each of your company's product families, so that you could determine the appropriate resource levels to support those requirements? (Ch. 6)
Sales & Operations Planning
Which of the following would be the most appropriate business practice/process to use if you were trying to determine the need to increase or decrease major resources in the near to intermediate-term in support of demand, and then gain senior management approval to implement the necessary changes? (Ch. 6)
Sales & Operations Planning
Which of the following is NOT one of the Eight Wastes described in Lean Production? (Ch. 5)
Small Batch Scheduling
ISO certified suppliers are frequently preferred by procurement departments for all of the following reasons EXCEPT which one? (Ch. 5)
They do not need to be periodically audited by the buyer
Which of the following forecasting techniques "focuses entirely on historical patterns and pattern changes to generate forecasts"? (Ch. 6)
Time Series