Which business process is concerned with the replenishment of items and usually occurs on a weekly basis?
A. RCCP
B. SandOP
C. MPS
D. Business Planning
A distributor has decided to implement push replenishment throughout its network. Which action is most consistent with this decision?
A. establishing double order points
B. establishing a bill of distribution
C. establishing safety stocks
D. establishing lead times
What is the updated forecast, utilizing exponential smoothing, given the following data? Old Forecast = 100, actual demand = 80, alpha = 0.2, tracking signal = 0.9
A. 80
B. 96
C. 100
D. 104
Using non-cumulative methods, what is the ATP in period 1?
A. 88
B. 100
C. 261
D. 300
Which of the following best describes sole sourcing?
A. Multiple potential suppliers, one is chosen to be the only supplier for an organization
B. Multiple potential suppliers, 2-3 are chosen to be the only suppliers for an organization
C. One supplier exists and is utilized
D. One supplier exists, but is not utilized
What will be the impact on inventory turns if average inventory levels are cut in half and all other operating conditions remain the same?
A. Turns will double
B. Turns will remain constant
C. Turns will be cut in half
D. Turns will increase by the square root of 2
What is the demonstrated weekly capacity of a line based upon the following data? Efficiency = 80%, Utilization = 100%, Available weekly hours = 1,000. Last 5 weeks output (in standard hours), 1000, 1,100, 1,200, 900, 1,300
A. 800
B. 1,000
C. 1,100
D. 1,500
Which tactic would successfully reduce cycle stock?
A. Increase annual usage of an item
B. Reduce ordering costs
C. Reduce carrying costs
D. Increase setup costs
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
Planned order receipt is generated by MRP when:
A. net requirements are greater than zero
B. gross requirements are greater than zero
C. projected available balance is above zero
D. forecasted demand is less than planned supply
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