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strayer bus430 quiz 7

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Question;?;Question 1;3 out of 3 points;Which is not an advantage of the;periodic review system?;Answer;?;Question 2;3 out of 3 points;Inventory position is computed using all the;following except;Answer;?;Question 3;3 out of 3 points;Costs associated with inspecting, unpacking and;putting into storage incoming inventory are components of ____ cost.;Answer;?;Question 4;3 out of 3 points;Which of the following is not a;key input to a single period inventory model?;Answer;?;Question 5;3 out of 3 points;Inventory that acts as a buffer between;workstations in flow shops or departments in job shops is called ____ inventory.;Answer;?;Question 6;3 out of 3 points;Demand that is stable over time is called ____.;Answer;?;Question 7;3 out of 3 points;Inventory that represents partially completed;products waiting further processing is called ____ inventory.;Answer;?;Question 8;3 out of 3 points;For the single-period inventory model, solving;for the optimal order quantity involves using;Answer;?;Question 9;3 out of 3 points;Using a fixed quantity system (FQS), as the;reorder point increases;Answer;?;Question 10;3 out of 3 points;Which of the following is not a;key assumption underlining the classic economic order quantity (EOQ) model?;Answer;?;Question 11;3 out of 3 points;In ABC inventory analysis, which of the following;is true for ?C? items?;Answer;?;Question 12;3 out of 3 points;Demand that incorporates uncertainty is called;Answer;?;Question 13;3 out of 3 points;Independent demand;Answer;?;Question 14;3 out of 3 points;Demand that varies over time is called ____.;Answer;?;Question 15;3 out of 3 points;Backorders ____.;Answer;?;Question 16;3 out of 3 points;If forecast demand exceeds the total factory or;supply capacity, managers might simply decide not to meet forecast demand.;This decision would most likely be made at which planning level?;Answer;?;Question 17;3 out of 3 points;Which lot sizing rule might base the order;quantity on a standard-size container or pallet load?;Answer;?;Question 18;3 out of 3 points;The Lot-for-Lot (LFL) rule;Answer;?;Question 19;3 out of 3 points;are the total demand for an item derived;from all of its parents.;Answer;?;Question 20;3 out of 3 points;An inventory item can be;Answer;?;Question 21;3 out of 3 points;Capacity requirements are computed by multiplying;the number of units scheduled for production at a work center by;Answer;?;Question 22;3 out of 3 points;The primary output of an MRP system is a;time-phased report that gives all of the following except;Answer;?;Question 23;3 out of 3 points;Assigning people to tasks, setting priorities for;jobs and scheduling equipment fits best with which level of the generic;framework for resource planning?;Answer;?;Question 24;3 out of 3 points;The purpose of aggregate planning is to;Answer;?;Question 25;3 out of 3 points;The words "product family,;budget allocation" and "long-term" fit best with which;level of the generic framework for resource planning?;Answer;?;Question 26;3 out of 3 points;Which of the following is not correct;regarding aggregate planning?;Answer;?;Question 27;3 out of 3 points;A(n) ____ is a statement of how many finished;items are to be produced and when they are to be produced.;Answer;?;Question 28;3 out of 3 points;Which lot sizing rule is best when inventory;carrying costs are high and setup/order costs are low?;Answer;?;Question 29;3 out of 3 points;Promotion of weekly discount airfares by an;airline would be an example of ____.;Answer;?;Question 30;3 out of 3 points;Which of the following is not an;aggregate planning decision option?;Answer;*

 

Paper#54535 | Written in 18-Jul-2015

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