The overall objective of an integrated supply chain can best be described as the achievement of:
The overall objective of an integrated supply chain can best be described as the achievement of:A . decreased lead time.B . increased supplier partnerships.C . an efficient flow of materials and information.D . an efficient flow of production.View AnswerAnswer: C
Which of the following factors most likely will impact the demand for a firm's products or services?
Which of the following factors most likely will impact the demand for a firm's products or services?A . Forecast accuracyB . Order processing systemC . CompetitionD . Planning horizonView AnswerAnswer: C
Which of the following forecasting techniques eliminates the need to keep months of historical data?
Which of the following forecasting techniques eliminates the need to keep months of historical data?A . Exponential smoothingB . Seasonal indexC . DelphiD . TrendView AnswerAnswer: A
A primary purpose of Quality Function Deployment is to:
A primary purpose of Quality Function Deployment is to:A . calculate performance limits.B . determine marketing strategies.C . direct product design.D . set pass/fail criteria.View AnswerAnswer: C
The principal objective of total quality management in manufacturing is to:
The principal objective of total quality management in manufacturing is to:A . implement statistical process control.B . meet the expectations of the customer.C . reduce the costs of failure.D . eliminate inspections.View AnswerAnswer: B
Which of the following forecast inputs is considered to be intrinsic data?
Which of the following forecast inputs is considered to be intrinsic data?A . DemographicB . EconometricC . Historical salesD . Market surveyView AnswerAnswer: C
Which practice focuses on root cause analysis?
Which practice focuses on root cause analysis?A . Statistical process controlB . Five whysC . Scatter diagramD . Pareto chartView AnswerAnswer: B
Which of the following calculations is a major component that is used with extrinsic forecasting?
Which of the following calculations is a major component that is used with extrinsic forecasting?A . Moving averageB . Exponential smoothingC . A seasonal indexD . An economic indicatorView AnswerAnswer: D
An electronic board that provides visibility on the production floor is:
An electronic board that provides visibility on the production floor is:A . andon.B . anova.C . ANSE . alpha factor.View AnswerAnswer: A
Which of the following manufacturing environments presents the greatest complexity in promising completion dates for customer orders?
Which of the following manufacturing environments presents the greatest complexity in promising completion dates for customer orders?A . FlowB . RepetitiveC . ContinuousD . IntermittentView AnswerAnswer: D