Process Design Strategy
BEGIN Multiple Choice (module)
Question 1 Outsourcing, achieved by companies that contract with other firms for
most of their production and for many of their other functions, is known as:
QUIZ MEFB433 - MRP
True/False Q1. A component is an item that might go through one or more operations to be transformed into, or become part of, one or more parents.
Q2. Demand for the parent product determines demand for the components.
Q3. A recogni
FORECASTING MEFB443 QUIZ
BEGIN True/False (module) Question 1 A forecast is a prediction of future events used for planning what, when, and how large a supply of resources must be acquired and scheduled. a. True b. False Question 2 Cyclical patterns come
QUIZ Process Analysis Chapter 4
BEGIN True/False (module) Question 1 Process analysis is needed for both reengineering and process improvement. Question 2 The goal of process analysis is never really reached because process analysis implies co
Name:_ ID#_ Class #_ QUIZ INVENTORY CONTROL MEFB443
Question 1 When both lead time and demand are uncertain, it is still possible to select the reorder point. Hint: How is the reorder point determined? a. True b. False Question 2 During periods of uncerta