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1. Manufacturing flexibility can be measured by using:
A) cycle time,
B) labor productivity.
C) scrap level.
D) changeover time.
2. Up-to-date information about production order status is required to do which of the following tasks?
A) Calculate current taketime.
B) Replenish kanban quantities.
C) Determine planned orders.
D) Calculate the cost of work in process (WIP).
3. In which of the following phases of the product life cycle is product price most effective in influencing demand?
A) Growth
B) Introduction
C) Decline
D) Maturity
4. The cumulative available-to-promise (ATP) method is based on an assumption that available inventory in a period can becommitted to demand in that period and:
A) future periods with a planned receipt.
B) any period before the demand time fence (DTF).
C) any future period in the planning horizon.
D) future periods beyond the DTF.
5. Which of the following strategies can improve the effectiveness of a company's customer value proposition and enhance itsdifferentiation in the market?
A) Invest in productivity enhancing technological improvements.
B) Outsource activities to outside vendors or contractors.
C) Adopt best practices that improve product design.
D) Relocate high-cost activities to other geographic areas.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: C |
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