Which of the following corresponds to an item of high strategic importance that is difficult to obtain?
A. commodity materials
B. leveragable materials
C. bottleneck materials
D. direct or core competency materials
A company is determining where it should manufacture a product weighing 1 lb. for the Chicago market with a demand of 100,000 items per year. Costs for each of four possible locations are summarized in the table below. If the company wants to minimize the total cost to supply the items to the Chicago market, where should the items be produced?
A. Houston
B. Taiwan
C. Chicago
D. Seattle
A company that manufactures washers and dryers had a cost of goods sold (COGS) last year of $520,000,000. The average value of inventory for raw materials, work in process (WIP), and finished goods are shown in the table below:
The company operates 365 days a year. The number of inventory turns is approximately:
A. 41.5
B. 27.1
C. 21.4
D. 8.8
Given the following information, what is the inventory days of supply?
A. 16 days
B. 18 days
C. 22 days
D. 34 days
The question below is based on the following graphs:
Which graph shows the generalized relationship between distance and transportation costs?
A. A
B. B
C. C
D. D
A company is introducing a new product that is difficult to produce. The company has created a vendor rating system to grade 4 potential suppliers. Which supplier would be the best choice for helping the company produce this part?
A. Supplier A
B. Supplier B
C. Supplier C
D. Supplier D
The diagram below shows the process of manufacturing of item D and the capacity of each operation. Each operation requires one unit from the previous step.
Which of the following is the total production throughput?
A. 25 units/hr.
B. 27 units/hr.
C. 65 units/hr.
D. 84 units/hr.
Component commonality in manufacturing primarily allows a company to:
A. optimize production runs for the components.
B. use less-specialized machinery.
C. decrease single-minute exchange of die processes.
D. increase planning and control.
A product design that can be produced to requirements even when conditions in the production process are unfavorable typically is known as what type of design?
A. Universal
B. Computer-aided
C. Modular
D. Robust
A company currently produces custom goods for a limited market. To increase market share, the company will implement a strategy to reduce the number of products it produces and reduce delivery lead time. The company can increase its chances of achieving the strategy by:
A. using benchmark data for products in the same product groups.
B. incorporating results from market surveys.
C. involving customers in the product design process.
D. using electronic communications to receive customer complaints.
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