14 Pages

Exam 3

Course: MANA 3363, Summer 2011
School: Texas Brownsville
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out Quest 2 of 2 points ion 1 How does information flow in a supply chain? Selected Answer: Correct Answer: Questio 2 out of 2 points n2 The basic EOQ model assumes that each order is delivered at a single point in time. Selected Answer: Correct Answer: Questio 2 out of 2 points n3 Which term is most closely associated with disaggregation? Selected Answer: Correct Answer: Questio 2 out of 2 points n4...

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out Quest 2 of 2 points ion 1 How does information flow in a supply chain? Selected Answer: Correct Answer: Questio 2 out of 2 points n2 The basic EOQ model assumes that each order is delivered at a single point in time. Selected Answer: Correct Answer: Questio 2 out of 2 points n3 Which term is most closely associated with disaggregation? Selected Answer: Correct Answer: Questio 2 out of 2 points n4 Because of the pyramid relationship for all components in an MRP system, it is appropriate to provide safety stocks at all levels, since this would help to reduce the setup costs. Selected Answer: Correct Answer: Questio 0 out of 2 points n5 JIT and EOQ are incompatible techniques. Selected Answer: Correct Answer: Questio 2 out of 2 points n6 Which one is not a building block of JIT? Questio 2 out of 2 points n6 Selected Answer: Correct Answer: Questio 2 out of 2 points n7 Which one is not involved in waste reduction? Selected Answer: Correct Answer: Questio 2 out of 2 points n8 A list of all parts and materials needed to assemble one unit of a product is called: Selected Answer: Correct Answer: Questio 2 out of 2 points n9 The ultimate goal in a JIT system is a low inventory. Selected Answer: Correct Answer: Question 2 out of 2 points 10 The shortage cost is: Question 2 out of 2 points 10 Selected Answer: Correct Answer: Question 2 out of 2 points 11 Large firms always have supply chains but many small firms do not. Selected Answer: Correct Answer: Question 2 out of 2 points 12 The principal files that are incorporated into a computerized MRP system are: Selected Answer: Correct Answer: Question 2 out of 2 points 13 Which one of these is generally avoided in JIT systems? Selected Answer: Correct Answer: Question 2 out of 2 points 14 An advantage of the "chase" approach is low inventory investment. Question 2 out of 2 points 14 Selected Answer: Correct Answer: Question 0 out of 2 points 15 In the ROP, if demand and lead time are both constant, the safety stock would be zero. Selected Answer: Correct Answer: Question 0 out of 2 points 16 Which one of the following is not a reason for holding inventories? Selected Answer: Correct Answer: Question 0 out of 2 points 17 Which one of these is not generally associated with JIT? Selected Answer: Correct Answer: Question 18 0 out of 2 points Which of the following correctly describes the computation of net requirements? Question 0 out of 2 points 18 Selected Answer: Correct Answer: Question 2 out of 2 points 19 Setup costs are similar to which costs? Selected Answer: Correct Answer: Question 2 out of 2 points 20 Which one of the following is not a basic option for altering capacity? Selected Answer: Correct Answer: Question 2 out of 2 points 21 Aggregate planning is long-range planning (2 years or more) for large products. Selected Answer: Correct Answer: Question 2 out of 2 points 22 Available-to-promise inventory is uncommitted inventory. Question 2 out of 2 points 22 Selected Answer: Correct Answer: Question 2 out of 2 points 23 All of the following are basic options for altering demand except: Selected Answer: Correct Answer: Question 2 out of 2 points 24 The main goal in purchasing should always be to obtain the lowest price. Selected Answer: Correct Answer: Question 0 out of 2 points 25 What is disintermediation? Selected Answer: Correct Answer: Question 26 2 out of 2 points A bucket in MRP refers to a time period, such as a week, two-week period, etc. Question 2 out of 2 points 26 Selected Answer: Correct Answer: Question 2 out of 2 points 27 A pricebreak is an order quantity at which the purchaser is offered a lower price per unit that by purchasing quantity or more. Selected Answer: Correct Answer: Question 0 out of 2 points 28 The quantity discount model involves the use of which one of these models? Selected Answer: Correct Answer: Question 2 out of 2 points 29 How does information flow in a supply chain? Selected Answer: Correct Answer: Question 2 out of 2 points 30 Which of these has the broadest scope and the most costly to implement? Question 2 out of 2 points 30 Selected Answer: Correct Answer: Question 2 out of 2 points 31 MRP has been replaced by MRPII. Selected Answer: Correct Answer: Question 2 out of 2 points 32 In order to effectively plan, estimates of each of the following items must be available to planners except: Selected Answer: Correct Answer: Question 2 out of 2 points 33 Lead time is the time between placing an order and receiving the material, it makes no difference whether the order is one to purchase the material or a production order. Selected Answer: Correct Answer: Question 2 out of 2 points 34 Autonomation refers to the automatic detection of errors during production. Question 2 out of 2 points 34 Selected Answer: Correct Answer: Question 2 out of 2 points 35 Which term refers to inventory oscillations in a supply chain? Selected Answer: Correct Answer: Question 2 out of 2 points 36 The three principal computerized files maintained for an MRP system include the bill of materials, the product-structure tree and an inventory record. Selected Answer: Correct Answer: Question 0 out of 2 points 37 Which of the following does not offer a potential for reducing setup costs in a supply chain? Selected Answer: Correct Answer: Question 2 out of 2 points 38 Overtime is not considered as a variable in aggregate planning. Question 2 out of 2 points 38 Selected Answer: Correct Answer: Question 2 out of 2 points 39 Converting suppliers to JIT is one of the first steps in converting to a JIT system. Selected Answer: Correct Answer: Question 2 out of 2 points 40 Due to increasing use of outsourcing, many companies have reduced their need for supply chain management. Selected Answer: Correct Answer: Question 2 out of 2 points 41 Which one of the following would not be included in a list of assumptions of the basic EOQ model, or are all assumptions? Selected Answer: Correct Answer: Question 42 2 out of 2 points Disaggregating an aggregate plan involves creating a master schedule for production of the end items included in the aggregate plan. Question 2 out of 2 points 42 Selected Answer: Correct Answer: Question 0 out of 2 points 43 Regeneration as a means of updating an MRP is a better way to update an unstable MRP than net change. Selected Answer: Correct Answer: Question 2 out of 2 points 44 The ROP is equal to expected demand during lead time plus safety stock. Selected Answer: Correct Answer: Question 2 out of 2 points 45 Which one of these is not a master scheduling input? Selected Answer: Correct Answer: Question 46 2 out of 2 points A goal of JIT is increased flexibility in the ability to change the production mix. Question 2 out of 2 points 46 Selected Answer: Correct Answer: Question 2 out of 2 points 47 Which one of these is not an output of a master production schedule? Selected Answer: Correct Answer: Question 2 out of 2 points 48 A supply chain is also known as a value chain. Selected Answer: Correct Answer: Question 2 out of 2 points 49 Which term refers to inventory oscillations in a supply chain? Selected Answer: Correct Answer: Question 50 2 out of 2 points Which factor is not generally considered when performing a vendor analysis? Question 2 out of 2 points 50 Selected Answer: Correct Answer:
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