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FiveStarLaw
FiveStarLaw, Lawyer
Category: Homework
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Experience:  Lawyer, Accountant and Researcher
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Resolved Question:






















5) The best process flow structure to use for making automobiles is


















A.  job shop
B.  batch shop
C.  group technology cell
D.  assembly line


6) The break-even analysis is a standard approach to determine alternative processes A break-even analysis chart usually present alternative __________ and __________ based upon the units produced or sold.


















A.  demand, supply
B.  profits, losses
C.  equipment, materials
D.  variable, fixed costs


7) A statistical term that refers to the philosophy and methods companies use to eliminate defects in their products and processes by establishing a quality goal of no more than four defects out of every million units is __________.


















A.  ISO 9000
B.  Six Sigma
C.  Total Quality Management
D.  SERVQUAL


8) Independent demand is


















A.  inventory where demand comes from independent suppliers
B.  inventory that is independent of any known rules of demand and supply
C.  demand that is related to the demand for another item
D.  demand determined by the marketplace that requires forecasting


9) An inventory system designed to ensure that an item will be available on an ongoing basis throughout the year is known as


















A.  Optional Replenishment System
B.  Inventory Accuracy and Cycle Counting
C.  ABC Inventory Planning
D.  Multiperiod Inventory Systems


10) A/an __________ approach actually schedules in detail each resource using the setup and runtime required for each order.


















A.  infinite loading
B.  finite loading
C.  forward scheduling
D.  backward scheduling

 



































11) What is the net result of reducing the duration of a task (crashing) not on the critical path?


















A.  Decreased project overhead costs
B.  Reduced likelihood of liquidated damages for late delivery
C.  Increased slack time associated with the task
D.  Reduction in the project duration


12) The idea of the value density calculation is:


















A.  finding a carrier that can handle the weight
B.  matching the weight of the product with an appropriate carrier
C.  deciding where items should be stocked geographically and how they should be shipped
D.  finding the minimum cost carrier


13) When designing a supply chain:


















A.  cost vs customer service must be considered
B.  quality vs cost must be considered
C.  lead times vs payment terms must be considered
D.  customer service vs product customization must be considered


14) According to Hau Lee, which of the following types of products need to be delivered with efficient supply-chains?


















A.  Custom products
B.  Innovative products
C.  Grocery products
D.  High technology products


15) Which of the following product promotional activities would probably help make the supply chain more efficient?


















A.  Price promotions that expire on a specific date
B.  An "everyday" low price strategy where prices are not dependent on quantity delivered with a specific order
C.  Special packaging for a specific event that occurs one time each year
D.  A 2-for-1 price promotion


16) The best operating level is:


















A.  the maximum point of the cost curve
B.  the level of capacity for which average unit cost is minimized
C.  maximum capacity
D.  the level of capacity for which total cost is minimized


17) Capacity utilization rate can be computed as:


















A.  Capacity used – best operating level
B.  Capacity used x best operating level
C.  Capacity used / best operating level
D.  Capacity used + best operating level


18) The objective of __________ is to provide an approach for determining the overall capacity level of capital-intensive resources that best supports the company's long-range competitive strategy.


















A.  workforce management
B.  management supervision
C.  operations management
D.  strategic capacity planning


19) Lean production systems typically require


















A.  delivery of large lots at frequent intervals
B.  buyer inspection of goods and materials
C.  multiple sources from which to purchase
D.  low inventory levels throughout production


20) Given that the previous forecast of 65 turned out to be four units less than the actual demand; the next forecast is 66. What would be the value of alpha if the simple exponential smoothing forecast method is being used?


















A.  0.02
B.  0.4
C.  0.04

D.  0.25


 



































21) Linear regression sales forecasting techniques:


















A.  work best when future sales are randomly distributed
B.  will not work for declining sales
C.  work best when sales are increasing
D.  will not work if future sales forecasts lie on a curve


22) What should the value of alpha be in an exponential smoothing forecast to be very responsive to recent demand?


















A.  Large
B.  Small
C.  Negative
D.  Zero


23) Which of the following statements are true about time-series forecasting?


















A.  Time series analysis employs empirical data to forecast future events
B.  Time series analysis is used to understand the system underlying and surrounding the item being forecast
C.  Under time-series methods, demand is divided into the time-based components such as daily, weekly, etc
D.  Time series methods are useful for long-range forecasts when the demand pattern is erratic


24) One option for altering the pattern of demand is:


















A.  hiring employees
B.  using overtime
C.  carrying inventory
D.  pricing


25) Aggregate planners balance:


















A.  demand and costs
B.  demand and inventories
C.  demand and capacity
D.  supply and inventories


26) Which of the following accurately describes a chase strategy?


















A.  The firm produces the same amount each day over the planning period and deals with the variations in demand through the use of inventory or overtime
B.  The firm produces at the same level for several months, and then adjusts production to another level and produces at that level for several more months
C.  The firm matches its production rate to meet demand by varying the size of its workforce as demand varies
D.  The firm produces the same amount each day within the planning period and deals with variations in demand through the use of outsourcing partners


27) Which of the following reflects net material requirements:


















A.  gross requirements – scheduled receipts
B.  gross requirements – projected available balance + scheduled receipts
C.  gross requirements – projected available balance - scheduled receipts
D.  gross requirements – scheduled releases


28) Which MRP system input element specifies how many and when the firm plans to build each end item?


















A.  Inventory records file
B.  Bills of material
C.  Master production schedule
D.  Capacity planning


29) Which of the following is true about MRP systems?


















A.  Based on independent demand
B.  Lot sizing is based on Economic Order Quantity
C.  Demand pattern is random
D.  Objective is to meet manufacturing needs


30) A Material Requirements Planning (MRP) is most valuable in industries where a number of products are made in batches using the same productive equipment and with companies involving:


















A.  fabrication
B.  low number of units annually
C.  complex, expensive products
D.  assembly operations







Submitted: 1 year ago.
Category: Homework
Expert:  FiveStarLaw replied 1 year ago.
Welcome,

What is your deadline for answering these questions?
Customer: replied 1 year ago.

like in 30 minutes I have been waiting patiently for someone to respond

Expert:  FiveStarLaw replied 1 year ago.
I will immediately begin!!
Expert:  FiveStarLaw replied 1 year ago.
Due to the time constraints, here are my answers thus far:

5 D. assembly line

6 B. profits, losses

7 B. Six Sigma

8 D. demand determined by the marketplace that requires forecasting

9. D. Multiperiod Inventory Systems

10 B. finite loading

11 D. Reduction in the project duration

12 B. matching the weight of the product with an appropriate carrier

13 A. cost vs customer service must be considered

Please do not accept or rate my answer is I am still working on the remaining questions

Customer: replied 1 year ago.

Ok thanks I am working on some questions as well because I have until 2:15 pacific time to finish

Expert:  FiveStarLaw replied 1 year ago.
Here is the next group:

14 C. Grocery products

15 B. An "everyday" low price strategy where prices are not dependent on quantity delivered with a specific order

16 B. the level of capacity for which average unit cost is minimized

17 C. Capacity used / best operating level

18 D. strategic capacity planning

19 D. low inventory levels throughout production

20 D. 0.25

Customer: replied 1 year ago.

ok I had some of these answers already so i know that you are answers are right so far


 

Expert:  FiveStarLaw replied 1 year ago.
Here the balance of my answers for comparison with your own:

21 C. work best when sales are increasing

22 A. Large

23 A. Time series analysis employs empirical data to forecast future events

24 D. pricing

25 C. demand and capacity

26 C. The firm matches its production rate to meet demand by varying the size of its workforce as demand varies

27 C. gross requirements - projected available balance - scheduled receipts

28 C. Master production schedule

29 D. Objective is to meet manufacturing needs

30 D. assembly operations


Please let me know how we do.
Customer: replied 1 year ago.

Ok so your answers matched the ones that I had completed I am about to give you some feedback in a second.

Customer: replied 1 year ago.

Ok out of the questions you answered 3 were wrong but the rest was right


so thanks for the help!

Expert:  FiveStarLaw replied 1 year ago.
THIS ANSWER IS LOCKED!
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FiveStarLaw, Lawyer
Category: Homework
Satisfied Customers: 36413
Experience: Lawyer, Accountant and Researcher
FiveStarLaw and 3 other Homework Specialists are ready to help you
Customer: replied 1 year ago.

Thanks for the amount of time excellent responses!

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