Which of the following factors would reduce inventory carrying costs?
A. Ordering less inventory B. Higher costs of working capital C. Reducing ordering costs D. Reducing transportation costs
Answer: A
Question: 5
Which of the following systems typically involves design while manufacturing is occurring?
A. Flow B. Intermittent C. Project D. Engineer
Answer: C
Question: 6
Which of the following phrases best defines a production plan?
A. The plan for the production and purchase of the components used in making the items in the Master production schedule B. The broad direction of the firm, the kind of business-product lines Moussa Sissoko Jersey , and markets the firm wants in The future C. The quantities of each product group that must be produced in each period, desired inventory levels, resources required in each period, and the availability of resources needed D. The flow of work through the factory through inputoutput analysis
Answer: C
Question: 7
Which of the following differences must be taken into consideration when dealing with a global Distribution system?
A. Culture B. Cost C. Carriers D. Computer systems
Answer: A
Question: 8
Which of the following considerations should be included in product design?
A. Manufacturing strategy B. Product pricing C. Environmental sensitivity D. Target markets
Answer: C
Question: 9
Which of the following outcomes is a benefit of using a purchase requisition?
A. Purchase pricing being correct B. Improved accuracy of information C. Assurance that delivery dates are met D. Terms and conditions being followed
Answer: B
Question: 10
Which of the following documents or records typically is required by accounting Mousa Dembele Jersey , receiving, purchasing, and the supplier?
A. Bill of lading B. Purchase requisition C. Receiving report D. Purchase order
Answer: D
Question: 11
Which of the following plans generally includes an organization's explicit mission, goals Michel Vorm Jersey , and objectives, along with the specific actions needed to achieve those goals and objectives?
A. Marketing B. Business C. Strategic D. Financial
Answer: C
Question: 12
Which of the following smoothing constants places the most weight on the old forecast?
A. 0.4 B. 0.3 C. 0.2 D. 0.1
Answer: D
Question: 13
A work center has 2 machines that are operated 16 hours a day for 5 days a week. Historically, The utilization has been 85% and the efficiency 105%. What is the rated capacity for this work center? (Rounded)
A. 71 B. 99 C. 130 D. 143
Answer: D
Question: 14
Which of the following actions most likely will serve to reduce economic lot size?
A. Decreasing the number of items B. Decreasing the unit cost of items C. Increasing the cost of ordering items D. Increasing the cost of carrying inventory
Answer: D
Question: 15
After a quality improvement program has been successfully implemented, the greatest cost of Controlling quality typically is the cost of:
A. failure. B. appraisal. C. prevention. D. inspection.
Answer: C
Question: 16
Which of the following activities positions goods or services closer to the customer?
A. Distribution B. Manufacturing C. Materials handling D. Transportation
Answer: A
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