Which of the following is most likely to be the order winner in the early stages of a product's life cycle?
A. Quality
B. Design
C. support
D. price
When a company is pursuing a program to achieve manufacturing excellence, which of the following objectives should receive the highest priority?
A. delivery reliability
B. quality improvement
C. cost reduction
D. volume flexibility
Which of the following statements is true about obtaining a high level of accuracy for inventory records?
A. It would usually lead to a reduction of inventory levels.
B. It is not necessary to achieve because of safety stocks and safety lead time.
C. It would result in savings that are likely to be small and difficult to determine.
D. It is probably impossible to achieve and will be costly to obtain.
Which of the following would be manufactured in a continuous-production process?
A. combines
B. clothing
C. vitamins
D. gasoline
Materials should be moved from point of manufacture to point of use when: A. production is completed at point of manufacture
B. the materials are needed at point of use
C. material handling equipment is available
D. material at point of use is zero
End-of-line inspection often fails to improve quality for which of the following reasons?
A. It requires extensive personnel.
B. It lacks source accountability.
C. It excludes quality circles.
D. Its costs are significant
Which of the following is used to convert the master production schedule into detail requirements?
A. production planning
B. rough-cut capacity planning
C. production activity control
D. material requirements planning
The removal of outliers from demand data to provide a reasonable historical base from which to forecast is called:
A. regression
B. time series decomposition
C. filtering
D. smoothing
A forecast is typically more accurate for:
A. groups of items rather than for individual items
B. daily rather than monthly periods of time
C. physical units rather than monetary units
D. far out in the future rather than nearer time periods
Which of the following is generally a function of the physical distribution system?
A. Production activity control
B. Production planning
C. packaging
D. bill of material
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