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To facilitate transportation efficiency and inventory management, companies frequently use:
To facilitate transportation efficiency and inventory management, companies frequently use:A . automated storage/retrieval systems (AS/RS).B . small lot sizes.C . standardized containers.D . contract carriers.View AnswerAnswer: C Explanation: Standardized containers are containers that have uniform dimensions and specifications, such as pallets, crates, boxes, etc. Standardized containers can facilitate transportation efficiency...
Which of the following statements about the planning for this part is true?
A part is sold as a service part, and it is also used as a component in another part. Which of the following statements about the planning for this part is true?A . Its low-level code is zero.B . The material requirements for the part will be understated.C . The...
Which of the following statements is true about the mean time between failures (MTBF) measure?
Which of the following statements is true about the mean time between failures (MTBF) measure?A . Itis used for non-repairable products.B . An increase in MTBF is proportional to an increase in quality.C . Itis a useful measure of reliability.D . Itis the same as operating life or service life.View...
In the supplier selection process, what will be the potential advantages of multiple sourcing?
In the supplier selection process, what will be the potential advantages of multiple sourcing?A . Long relationship and short lead timesB . More supplier options and better product developmentC . Lower price and reduced riskD . Mutual trust and cooperationView AnswerAnswer: C Explanation: Multiple sourcing is an outsourcing approach in...
Which of the following techniques would a group use to prioritize problems?
Which of the following techniques would a group use to prioritize problems?A . Critical path analysisB . Pareto analysisC . Scatter chartsD . Cause-and-effect diagramsView AnswerAnswer: B Explanation: Pareto analysis is a technique that a group can use to prioritize problems. Pareto analysis is based on the Pareto principle, also...
Which of the following trade-offs should be evaluated when determining where to place inventory in a multi-echelon supply chain network?
Which of the following trade-offs should be evaluated when determining where to place inventory in a multi-echelon supply chain network?A . Production cost and lot size quantityB . Purchase cost and shrinkage ratesC . Transportation cost and delivery timeD . Customer price and order quantityView AnswerAnswer: C Explanation: One of...
of the equipment is reduced by 25% on Day 6. If the efficiency remains unchanged at 110%, what would the output be on Day 6?
The demonstrated capacity of equipment in a process flow is $1,200 per day. Due to a malfunction in a feeder line, utilization of the equipment is reduced by 25% on Day 6. If the efficiency remains unchanged at 110%, what would the output be on Day 6?A . $300B ....
External sustainability reporting and verification is an opportunity for a company to communicate its:
External sustainability reporting and verification is an opportunity for a company to communicate its:A . confidence.B . profitability.C . growth.D . performance.View AnswerAnswer: D Explanation: External sustainability reporting and verification is an opportunity for a company to communicate its performance in terms of environmental, social, and governance (ESG) aspects. ESG...
A process capability study would be necessary in a laboratory when:
A process capability study would be necessary in a laboratory when:A . A test results are consistently late.B . frequent failures are occurring.C . a new technician is hired.D . hours of operation are to be extended.View AnswerAnswer: B Explanation: A process capability study is a method of evaluating how...
An advantage of applying ABC classification to a firm's replenishment items is that:
An advantage of applying ABC classification to a firm's replenishment items is that:A . it distinguishes independent demand from dependent demand.B . it allows planners to focus on critical products.C . it provides better order quantities than the economic order quantity (EOQ]).D . it allows the firm to utilize time-phased...
