Exam 3 Key C (2)

Exam 3 Key C(2) - EXAMINATION 3 Version C Use a Scantron Form No 886-E to record your choice of the best answer to each of the following questions

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EXAMINATION 3, Version C Use a Scantron Form No. 886-E to record your choice of the best answer to each of the following questions. You have the full period to answer the questions. The following questions are worth three (3) points each . 1. Hand tools, lubricants, and cleaning supplies are usually examples of what? a) WIP inventory b) finished goods inventory c) raw materials inventory d) distribution inventory e) MRO inventory 2. If the EOQ is ordered, which of the following is true? a) Annual ordering cost exceeds annual holding cost. b) Annual holding cost exceeds annual ordering cost. c) Annual ordering cost is equal to annual holding cost. d) The sum of annual ordering cost plus annual holding cost is maximized. e) The annual holding cost curve is decreasing. 3. The ranking in ABC inventory analysis is based on what? a) annual dollar usage b) annual demand in units c) alphabetical order d) unit price e) item number 4. What type of aggregate plan maintains a constant workforce and produces the same amount of product in each time period? a) uniform b) level c) chase d) mixed e) steady 5. Evaluating an aggregate plan in terms of employment stability is using what perspective? a) cost b) customer service c) quality d) operations e) human resources 6. When a company’s product is nontangible (a service), which of the following is no longer a viable option? a) hiring permanent employees b) subcontracting c) inventory d) working overtime e) increasing normal capacity 7. Companies use to check that enough work is scheduled for operations and that the amount of work scheduled is feasible. 1
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a) capacity management b) closed-loop requirements planning c) cut requirements planning d) capacity resources planning e) capacity requirements planning 8. The details the company’s planned products, quantity, and the schedule
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This note was uploaded on 10/17/2011 for the course MNGT 368 taught by Professor Curthurds during the Spring '08 term at Nicholls State.

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Exam 3 Key C(2) - EXAMINATION 3 Version C Use a Scantron Form No 886-E to record your choice of the best answer to each of the following questions

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