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OPS 571 Week 3 Knowledge Check Quiz 100% Score

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Business

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1. Which of the following is an input file necessary to run an MRP program?

2. Which of the following is a perpetual system for inventory management?

3. In business forecasting, what is usually considered a short-term time period?

4. Which of the following is considered a pure production planning strategy?

5. When considering outsourcing, what should firms tend to avert?

6. Which of the following is an essential resource that flows through a hospital supply chain?

7. What is the important starting point in developing a capacity plan?

8. Which is the most challenging kind of supply chain to manage according to Hau Lee?

9. What is another name for the fixed-order quantity inventory model?

10. Which of the following is an input to the master production schedule (MPS)?

11. What is the effect of the lack of synchronization among supply-chain members?

12. The text mentions several common approaches to use when developing a strategy to close a

capacity gap (where utilization of a resource exceeds capacity available). Which of the

following is among the common approaches mentioned?

13. Which of the following is most closely related to the reason a firm might implement MRP?

14. In conducting aggregate operations planning there are a number of required inputs. Which of

the following are inputs considered most external to the firm?

15. The main purpose of aggregate operations planning is to specify the optimal combination of

which of the following?

16. Which of the following is an input to the master production schedule?

17. In most cases, demand for products or services can be broken into several components.

Which of the following is considered a component of demand?

18. Which of the following is one of the categories of manufacturing inventory?

19. Which of the following forecasting methods is very dependent on selection of the right

individuals who will judgmentally be used to actually generate the forecast?

20. Which of the following is an input file necessary to run an MRP system

21. Which of the following is one of the main purposes of a MRP system?

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1. Which of the following is an input file necessary to run an MRP program?

Bill of materials (BOM) le

2. Which of the following is a perpetual system for inventory management?

Fixed-order quan$ty

3. In business forecasting, what is usually considered a short-term time period?

Less than three months

4. Which of the following is considered a pure production planning strategy?

Stable workforce, variable work hours

5. When considering outsourcing, what should firms tend to avert?

Giving the outsourcing partner opportuni$es to become a strong compe$tor

6. Which of the following is an essential resource that flows through a hospital supply chain?

Informa$on

7. What is the important starting point in developing a capacity plan?

Determining the e/ec$ve capacity of a resource over some period of $me

8. Which is the most challenging kind of supply chain to manage according to Hau Lee?

Agile

9. What is another name for the fixed-order quantity inventory model?

Economic order quan$ty model

10. Which of the following is an input to the master production schedule (MPS)?

The aggregate plan

11. What is the effect of the lack of synchronization among supply-chain members?

Bullwhip e/ect

12. The text mentions several common approaches to use when developing a strategy to close a

capacity gap (where utilization of a resource exceeds capacity available). Which of the

following is among the common approaches mentioned?

Transferring capacity from other units

13. Which of the following is most closely related to the reason a firm might implement MRP?

So they can order the right parts

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1. Which of the following is an input file necessary to run an MRP program? 2. Which of the following is a perpetual system for inventory management? 3. In business forecasting, what is usually considered a short-term time period?? 4. Which of the following is considered a pure production planning strategy?? 5. When considering outsourcing, what should firms tend to avert?? 6. Which of the following is an essential resource that flows through a hospital supply chain?? 7. What is the important starting point in developing a capacity plan? 8. Which is the most challenging kind of supply chain to manage according to Hau Lee? 9. What is another name for the fixed-order quantity inventory model? 10. Which of the following is an input to the master production schedule (MPS)? 11. What is the effect of the lack of synchronization among supply-chain members? 12. The text mentions several common a ...
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