21) The aggregate planning problem: A. Should only consider supply management op
ID: 471033 • Letter: 2
Question
21)
The aggregate planning problem:
A.
Should only consider supply management options
B.
Only affects marketing and production, but human resources is not involved in decisions
C.
Should only consider demand management options
D.
Needs to consider multiple tradeoffs such as customer service level, inventory levels, labor force
stability, and costs
22)
The carrying cost for inventory consists of which cost components?
A.
Capital cost, obsolescence cost, and ordering cost
B.
Obsolescence cost, capital cost, and stockout cost
C.
Obsolescence cost, storage cost, and capital cost
D.
Storage cost, handling cost, and obsolescence cost
23)
In a production environment, examples of TOC Exploitation Tactics include all except:
a)
Make sure all material is actually of good quality
b)
Assure constraint resource runs as much as possible
c)
Schedule the constraining resource the best way possible to maximize throughput
d)
Create a buffer between the material release point and the constraining resource
24)
Capacity, as opposed to inventory:
A.
Is the rate at which a stock can be depleted
B.
Covers anticipated changes in demand or supply
C.
Is resources that provide the potential to produce items
D.
Is a stock of raw materials, work in process, or finished goods used to facilitate production or
satisfy customer demands
25)
Which of the following statements is true about facilities decisions?
A.
They are generally short-range in nature.
B.
They are not critical as they only determine future availability of output.
C.
They involve all organizational units and are often made at the highest corporate level.
D.
They are simple and easy to analyze.
26)
The reason(s) for batch scheduling being a complex management problem is/are:
A.
Irregular flow of units with many starts and stops
B.
Layout of the batch process by machine group or skills into work centers
C.
Batches result in inventory or people waiting in queues
D.
All of the above
DSCI 434 Final Term Exam Fall 2013
5
27)
According Dr. K Youngman, all of the following are synchronous manufacturing methods except:
a)
Mass production (Henry Fords
21)
Explanation / Answer
1) a
2) c
3) d
4) a
5) b
6) a
7) c
8) a
9) d
10) a
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