Reference no: EM132277249
1. When the order acceptance occurs during the early portions of the production lead time, how would you describe the current manufacturing environment?
a. Make to stock (MTS) b. Assemble to order (ATO) c. Make to order (MTO) d. Assemble to stock (ATS)
2. The conceptual forecasting framework does not exclude human judgments. When does the framework suggest these judgments should be used?
a. Right after Mathematical Model is generated b. Before historical data is gathered c. Right after historical data is gathered d. Before the selection of a forecasting technique.
3. In the simplest form, what is Sales and Operations Planning (S&OP)?
a. Typically monthly review of all functional areas of the company process by top management b. Bi-annual gathering of the Sales staff c. Weekly gathering in order to interpret the demand forecast results d. A shop floor level gathering of employees to find areas of improvement.
4. What cannot be defined as an aggregate output?
a. Pounds of processed cheese b. Number of patients seen c. Hours of catering service delivered d. Total number of workers
5. Forecasting framework illustrates the sequences that should be followed. According to the framework, what is next step once the forecast interval is established?
a. Collect and analyze data
b. Determine the forecast purpose
c. Select a forecasting technique
d. Initialize the forecast
6. Which of the following is not considered part of the basic framework for understanding leadership?
a. Outcome of the project
b. Leader characteristics, behavior, and style
c. Contact (internal and external environment)
d. Group member characteristics and behavior