3.) Which of the following ITEM(S) require a forecasting system to help to estim

Question

3.)

Which of the following ITEM(S) require a forecasting system to help to estimate future demand.

Replacement-part demand

4.

__________________ is stated in aggregate terms, such as dollar sales, aggregate units of production, or capacity (e.g. labor hours) on a monthly/quarterly basis.

D.)Shop floor control

5.

This module connects the “outside world” to the MPC by facilitating marketplace and customer-contact activities.

D.) Sales and operation planning (SOP)

6.

You own a business that assembles and sales computers.  You operate as an ATO business.  Your assembly options are as follows:

3 processor options

3 hard drive (storage size) options

4 optical drive (DVD/CD) options

2 memory options

4 monitor options

2 speaker set options

What is the total possible number of end item configurations possible?(open ended)

Explanation / Answer

(3)

Forecasting will be necessary for both (A) Independent demand and (C) Replacement-part demand because both are essentially depending on end user's decision and not on any other factor. Dependent demand, on the other hand, depends on independent demand and to find its demand, only mathematical multiplication is required based on the forecast of the dependent demand. So, the correct answer is (A) and (C).

(5)

The correct answer is (A) The MPS

(6)

3 x 3 x 4 x 2 x 4 x 2 = 576 configurations possible

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