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A company implementing a localized multi-country strategy to increase market share should engage in which of the following actions?
A company implementing a localized multi-country strategy to increase market share should engage in which of the following actions?A . Sell different product versions in different countries under different brand names.B . Sell the same products under the same brand name worldwide.C . Locate plants on the basis of maximum...
In the design and development of a manufacturing process, process engineers would most likely be responsible for decisions relating to:
In the design and development of a manufacturing process, process engineers would most likely be responsible for decisions relating to:A . lead times.B . production capacity.C . product reliability.D . routing sequences.View AnswerAnswer: D Explanation: Process engineers are responsible for designing, implementing, controlling, and optimizing industrial processes, especially continuous ones such...
An order winner during the growth stage of a product's life cycle is:
An order winner during the growth stage of a product's life cycle is:A . variety.B . availability.C . dependability.D . price.View AnswerAnswer: A Explanation: An order winner is a product attribute that influences customers to choose one product over another. During the growth stage of a product’s life cycle, the...
In a make-to-stock (MTS) environment, the master production schedule (MPS) Is usually a schedule of which of the following types of items?
In a make-to-stock (MTS) environment, the master production schedule (MPS) Is usually a schedule of which of the following types of items?A . Phantom itemsB . Finished goods itemsC . Component/subassembly itemsD . Raw material itemsView AnswerAnswer: B Explanation: In a make-to-stock (MTS) environment, the master production schedule (MPS) is...
Which of the following strategies is most appropriate for a business unit with a low relative market share in a high-growth market?
Which of the following strategies is most appropriate for a business unit with a low relative market share in a high-growth market?A . Using excess cash generated to fund other business unitsB . Investing in the acquisition of competitorsC . Investing in projects to maintain market shareD . Designing product...
The primary purpose for engaging in cycle count activities is to:
The primary purpose for engaging in cycle count activities is to:A . eliminate the need for a traditional physical inventory count.B . more frequently reconcile the actual on-hand and system on-hand for items.C . smooth out the tasks of counting inventory throughout the fiscal year.D . improve material handling processes...
Which of the following statements about variances is true?
The question below is based on the following standard and actual data of a production order Which of the following statements about variances is true?A . The material price vanance for Component A is favorable by S10B . The labor pnce variance is unfavorable by S20C . The material usage...
Which of the following actions best supports a company's strategic focus on delivery speed to improve competitive advantage?
Which of the following actions best supports a company's strategic focus on delivery speed to improve competitive advantage?A . Maintaining high-capacity utilizationB . Developing flexible operationsC . Cross-training workersD . Implementing rapid process improvementsView AnswerAnswer: B Explanation: Developing flexible operations best supports a company’s strategic focus on delivery speed to...
Which of the following is the fundamental difference between finite loading and other capacity planning approaches?
Which of the following is the fundamental difference between finite loading and other capacity planning approaches?A . It is highly dependent on advanced computer software to function effectively.B . It is only managed by shop floor supervisors.C . It can use historical information to drive decision-making processes.D . It considers...
One way to mitigate liability risk in the supply chain is to:
One way to mitigate liability risk in the supply chain is to:A . negotiate lower component cost.B . require traceability for components.C . push inventory to supplier locations.D . use less-than-truckload (LTL) shipments more frequently.View AnswerAnswer: B Explanation: One way to mitigate liability risk in the supply chain is to...
