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Risk pooling would work best for items with:
Risk pooling would work best for items with:A . low demand uncertainty and short lead times.B . low demand uncertainty and long lead times.C . high demand uncertainty and short lead times.D . high demand uncertainty and long lead times.View AnswerAnswer: D Explanation: Risk pooling is a strategy to reduce...
What is the projected available balance in period 5?
Fixed order quantity = 100 units Lead time = 2 weeks Safety stock = 25 units What is the projected available balance in period 5?A . 30 unitsB . 70 unitsC . 105 unitsD . 130 unitsView AnswerAnswer: B Explanation: To calculate the projected available balance in period 5, we...
An online retailer moves from delivering hard copy books to offering digital downloads only.
An online retailer moves from delivering hard copy books to offering digital downloads only. This action may result in an increased possibility of:A . supply delays.B . forecast inaccuracy.C . supply disruptions.D . loss of intellectual property.View AnswerAnswer: D Explanation: Offering digital downloads only may result in an increased possibility...
Which of the following factors is considered a carrying cost?
Which of the following factors is considered a carrying cost?A . SetupB . TransportationC . ObsolescenceD . Scrap rateView AnswerAnswer: C Explanation: Obsolescence is the loss of value or usefulness of an item due to changes in technology, fashion, customer preferences, or other factors. Obsolescence is considered a carrying cost,...
The major contribution of the production plan is to:
The major contribution of the production plan is to:A . establish demand by end item.B . provide authorization for the master schedule.C . identify key resources to support the master schedule.D . establish the weekly build schedule.View AnswerAnswer: B Explanation: According to the web search results, the production plan is...
Which of the following factors typically would distort a sales forecast that is based solely on shipment history?
Which of the following factors typically would distort a sales forecast that is based solely on shipment history?A . Material shortagesB . Labor rate changesC . Currency exchange ratesD . Customer demandsView AnswerAnswer: A Explanation: A sales forecast that is based solely on shipment history is a method that uses...
Which of the following conditions is required for an effective single-sourcing relationship?
Which of the following conditions is required for an effective single-sourcing relationship?A . Demand for the customer's products must be stable.B . The supplier must offer the lowest price per unit.C . The organizations must be mutually dependent.D . The organizations must be located close to each other.View AnswerAnswer: C...
Which of the following strategies can improve the effectiveness of a company's customer value proposition and enhance its differentiation in the market?
Which of the following strategies can improve the effectiveness of a company's customer value proposition and enhance its differentiation in the market?A . Relocate high-cost activities to other geographic areas.B . Outsource activities to outside vendors or contractors.C . Invest in productivity enhancing technological improvements.D . Adopt best practices that...
A reduction in purchased lot sizes will reduce which of the following items?
A reduction in purchased lot sizes will reduce which of the following items?A . Inventory levelsB . Frequency of ordersC . Reorder points (ROPs)D . Setup timesView AnswerAnswer: A Explanation: A reduction in purchased lot sizes will reduce inventory levels. Purchased lot sizes are the quantities of inventory that a...
A technique to manage load variability would be to:
A technique to manage load variability would be to:A . apply capacity planning using overall factors (CPOF) to identify priority items at the work center.B . plan additional safety capacity as a part of total available capacity to meet unplanned demand.C . design the shop floor with machines that sit...
