The five S system of improvement includes set, shine, standardize, sustain, and:
A. store.
B. salvage.
C. select.
D. sort.
A manufacturer offers a trade-in allowance on a new machine when a customer returns an old machine. The manufacturer reconditions the returned machine locally and then sells it on the used market for a profit. This program focuses on:
A. environmentally sensitive engineering.
B. design for manufacturing.
C. green manufacturing.
D. sustainability in operations.
A direct shipment strategy typically would be most appropriate when shipping:
A. consumer electronics to retailers.
B. low shelf-life items to grocery stores.
C. bulk grain long distances.
D. defective components for salvage.
Business continuity planning is a well-established means for managing what type of risk?
A. Financial
B. Hazard
C. Operational
D. Strategic
Which of the following outcomes is most likely to result when lot size increases?
A. Setup costs will increase.
B. Inventory carrying cost will increase.
C. Operating expenses will increase.
D. Total profit will increase.
A key factor for determining the size of a new warehouse is:
A. the number of forklifts required to perform material handling operations.
B. understanding the inventory and throughput requirements necessary.
C. the minimum square feet required to receive local tax breaks.
D. utility and other overhead costs for the facility.
A master production schedule (MPS) is designed to disaggregate:
A. high-level planning into component requirements.
B. high-level product family plans into operational plans.
C. marketing plans into supplier requirements.
D. operational plans into logistics forecasts.
Which of the following tools would best aid a company in selecting new site locations for manufactured and distributed stock keeping units (SKUs)?
A. Distribution requirements planning (DRP)
B. Reorder point (ROP) system
C. Transportation management system (TMS)
D. Network optimization
Which of the following circumstances reflects a firm that may consider reshoring to reduce the risk of intellectual property theft?
A. A textile firm concerned with product quality
B. A pharmaceutical firm concerned with counterfeit products
C. An oil firm concerned with political instability
D. A financial services firm concerned with cyberattacks
Which of the following strategies can be used to help mitigate negative effects of events that rarely occur?
A. Adaptive supply chain community
B. Revenue-sharing contract
C. Global optimization
D. Continuous replenishment
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