What was/were the conflict/s in traditional system before the growth of supply chain concept?
A. Supply, production and distribution system were organized into separate functions that reported to different departments of a company.
B. Often departmental objectives were maximized without considering the effect they would have on other parts of the system.
C. Costly distribution systems were these
D. Strategy of high inventory pile up was following
The planning horizon is the time span for which plans are made. It must cover a period at least equal to the time required to accomplish the plan. For Mater production scheduling, the minimum planning horizon is:
A. The longest cumulative or end-t-end lead time (LT)
B. The shortest lead time
C. The difference between the productions of two different batches
D. None of these
Each of the following actions would reduce safety stock levels EXCEPT:
A. Reduce forecast error
B. Increase lead times
C. Reduce the customer service target
D. Adopt a make-to-order strategy
A good MRP system generates exception messages:
A. To advise the planner when some event needs attention
B. When the manufacturing process is under control
C. When there are problems that need the attention of the planner
D. Both A and C
Find methods to maximize the utilization of the constraint toward productive throughput is called:
A. Utilize constraint
B. Manage constraint
C. Exploit constraint
D. None of the above
When in a given period, actual demand will vary about the average demand, this is called:
A. Fixed variation
B. Forecast variation
C. Random variation
D. Possible average variation
The probability of rejecting a good lot is called the consumer's risk.
A. True
B. false
From a technical perspective, Six Sigma is achieved when the process capability is equal to at least 1.
A. True
B. False
Demonstrated capacity is average, not maximum, output and depends on the utilization and efficiency of work center.
A. True
B. False