Week 3 Quiz (21/21 right)
1 What is the important starting
point in developing a capacity plan?
- Predicting the ability of suppliers to
meet needs - Determining the effective capacity of a resource
over some period of time. - Understanding key components of the supply chain
- Predicting the needs of customers
2 Which of the following is an
input file necessary to run an MRP program?
- Bill of materials (BOM) file
- Planned-order schedules
- Exception reports
- Quality management report
3 Which is the most
challenging kind of supply chain to manage according to Hau Lee?
- Erratic
- Risk-hedging
- Efficient
- Agile
4 Which of the following is one of
the categories of manufacturing inventory?
- Economic Order
Inventory - Work-in-process
- Quality units
- JIT Inventory
5 Which of the following
forecasting methods is very dependent on selection of the right individuals who
will judgmentally be used to actually generate the forecast?
- Simple moving average
- Time series analysis
- Delphi method
- Weighted moving average
6 Which of the following is an
input to the master production schedule?
- Prototype products from
product development - Peg reports from factory records
- Forecasts of customer demand
- Aggregate component schedule
7 Which of the following is a
perpetual system for inventory management?
- Fixed-time period
- Fixed-order quantity
- P model
- First-in-first-out
8 The main purpose of aggregate
operations planning is to specify the optimal combination of which of the
following?
- Workforce levels and inventory on hand
- Inventory on hand and
financing costs for that inventory - The strategic plan and the products available for
sale - The workforce level and the
degree of automation
9 In most cases, demand for
products or services can be broken into several components. Which of the
following is considered a component of demand?
- Cyclical elements
- Past demand
- Inconsistent demand
- Future demand
10 What is another name for the
fixed-order quantity inventory model?
- Cycle counting model
- The ABC model
- Economic order quantity model
- Periodic replenishment model
11 Which of the following is an
input to the master production schedule (MPS)?
- Exception report
- The aggregate plan
- Bill of materials
- Inventory records file
12 What is the effect of the lack of
synchronization among supply-chain members?
- Continuous
replenishment - Forward buying
- Bullwhip effect
- Metcalf’s Law
13 In business forecasting, what is
usually considered a short-term time period?
- Less than three months
- More than three months
- Four weeks or less
- Six months or more
14 Which of the following is an
essential resource that flows through a hospital supply chain?
- Patients
- Medicine
- Doctors and Nurses
- Information
15 When considering outsourcing,
what should firms tend to avert?
- Giving the outsourcing partner opportunities to
become a strong competitor - Losing control of
non-core activities - Allowing outsourcing to develop into a substitute
for innovation - Allowing employees transferred to the
outsourcing partner to rejoin the firm
16 In conducting aggregate operations
planning there are a number of required inputs. Which of the following are
inputs considered most external to the firm?
- Raw material
availability and competitor’s behavior - Subcontractor capacity
and inventory levels - Current physical capacity of the organization
- Internal inventory levels and market demand
17 Which of the following is an
input file necessary to run an MRP system?
- Planned order schedule
- Exception report
- Inventory records file
- Computer-aided-design files
18 Which of the following is one of
the main purposes of a MRP system?
- Determine the materials
needed - Educate personnel in
basic work rules. - Stimulate the work
force - Decrease labor requirements
19 The text mentions several common
approaches to use when developing a strategy to close a capacity gap (where
utilization of a resource exceeds capacity available). Which of the following
is among the common approaches mentioned?
- Closing a related department
- New construction
- Hire more employees
- Transferring capacity from other units
20 Which of the following is
considered a pure production planning strategy?
- Variable workforce, stable work hours
- Stable workforce, variable work
hours - Level playing field
- Lag demand
21 Which of the following is most
closely related to the reason a firm might implement MRP?
- To assure appropriate quality
levels - So they can order the right parts
- So they can insure that parts to arrive
D. To assure appropriate quality levels - So they can order parts
sufficient for immediate use
