To achieve _____, it often makes more sense to have two relatively inexpensive general-purpose machines than one large, expensive special-purpose piece of equipment.
A. machine supplenessWhat is based on a comparative analysis of the introduction and growth of similar products in the hope that the new product behaves in a similar fashion?
A. Forecasting analogyA forecast is typically more accurate for:
A. groups of items rather than for individual itemsThe formula to calculate the period-order quantity is:
A. Period-order quantity = EOQ / average yearly usageOver a 4-week period a work center produced 540 standard hours of work was available for 640 hours, and actually worked 480 hours. Calculate the utilization and the efficiency of the work center.
A. 75%, 110%A work center working one 8 hour shift for 5 days a week is available _____________ hours a week is available
A. 40 hoursWhich one of the following is NOT an input to master production schedule (MPS)?
A. Forecasts for individual end itemsWhat is the capacity of a system or resource to produce a quantity of output in a given time period?
A. Capacity availableFLY Manufacturing is an aircraft manufacturer. They produce executive jets on an Engineer-to-order basis. Which of the following MRPII processes would most likely NOT be required at FLY?
A. Business PlanningA price that is competitive, gives the seller a profit, and allows the buyer ultimately to sell at a profit is known as:
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