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| Section | Objectives |
|---|---|
| Topic 1: Execution and Control of Operations | - Performance Measurement
|
| Topic 2: Strategic Management of Resources | - Supplier and Customer Relationships
|
| Topic 3: Detailed Scheduling and Planning | - Inventory Management
|
| Topic 4: Master Planning of Resources | - Master Scheduling
|
1. Which of the following inventory management techniques is most responsive to changes in demand levels?
A) Periodic review system
B) Cycle counting
C) ABC classification
D) Two-bin system
2. Which of the following environments would benefit most from full pegging?
A) Make-to-stock (MTS)
B) Distribute-to-order
C) Assemble-to-order (ATO)
D) Make-to-order (MTO)
3. Operations strategy:
A) involves translating market requirements into operations decisions.
B) is a bottom-up reflection of what the whole group or business wants to do.
C) is a top-down activity where operations improvements cumulatively build strategy.
D) involves exploiting operations capabilities in the global market.
4. A company has prioritized customers A, B, and C, filling orders in that sequence. What are the impacts to customer servicelevels for customers B and C?
A) Customer B and C have same service level
B) 100% service levels for B and C
C) Customer B has higher service level
D) Customer C has higher service level
5. Fixed order quantity = 100 units
Lead time = 2 weeks
Safety stock = 25 units
What is the projectedavailable balance in period 5?
A) 130 units
B) 70 units
C) 30 units
D) 105 units
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: B |
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