User Account

All Pages

Developing a capacity plan

Assignment Help Business Management
Reference no: EM13929137

1. What is the important starting point in developing a capacity plan?

Understanding key components of the supply chain

Predicting the ability of suppliers to meet needs

Determining the effective capacity of a resource over some period of time.

Predicting the needs of customers

2. What is another name for the fixed-order quantity inventory model?

The ABC model

Economic order quantity model

Periodic replenishment model

Cycle counting model

3. Which of the following is most closely related to the reason a firm might implement MRP?

So they can order parts sufficient for immediate use

To assure appropriate quality levels

So they can order the right parts

So they can insure that parts to arrive

To assure appropriate quality levels

4. In conducting aggregate operations planning there are a number of required inputs. Which of the following are inputs considered most external to the firm?

Internal inventory levels and market demand

Current physical capacity of the organization

Subcontractor capacity and inventory levels

Raw material availability and competitor's behavior

5. Which of the following is an input to the master production schedule (MPS)?

Inventory records file

The aggregate plan

Exception report

Bill of materials

6. In most cases, demand for products or services can be broken into several components. Which of the following is considered a component of demand?

Past demand

Inconsistent demand

Future demand

Cyclical elements

7. In business forecasting, what is usually considered a short-term time period?

Six months or more

More than three months

Less than three months

Four weeks or less

8. When considering outsourcing, what should firms tend to avert?

Losing control of non-core activities

Allowing outsourcing to develop into a substitute for innovation

Allowing employees transferred to the outsourcing partner to rejoin the firm

Giving the outsourcing partner opportunities to become a strong competitor

9. Which of the following is an essential resource that flows through a hospital supply chain?

Information

Medicine

Patients

Doctors and Nurses

10. Which of the following is one of the main purposes of a MRP system?

Determine the materials needed.

Decrease labor requirements.

Stimulate the work force.

Educate personnel in basic work rules.

11. Which of the following is an input to the master production schedule?

Prototype products from product development

Forecasts of customer demand

Aggregate component schedule

Peg reports from factory records

12. The main purpose of aggregate operations planning is to specify the optimal combination of which of the following?

Inventory on hand and financing costs for that inventory

Workforce levels and inventory on hand

The strategic plan and the products available for sale

The workforce level and the degree of automation

13. Which of the following forecasting methods is very dependent on selection of the right individuals who will judgmentally be used to actually generate the forecast?

Weighted moving average

Simple moving average

Delphi method

Time series analysis

14. Which of the following is a perpetual system for inventory management?

Fixed-time period

First-in-first-out

P model

Fixed-order quantity

15. Which of the following is an input file necessary to run an MRP system?

Exception report

Computer-aided-design files

Planned order schedule

Inventory records file

16. Which of the following is one of the categories of manufacturing inventory?

Quality units

Economic Order Inventory

Work-in-process

JIT Inventory

17. Which of the following is an input file necessary to run an MRP program?

Exception reports

Planned-order schedules

Bill of materials (BOM) file

Quality management report

18. Which is the most challenging kind of supply chain to manage according to Hau Lee?

Risk-hedging

Efficient

Erratic

Agile

19. What is the effect of the lack of synchronization among supply-chain members?

Continuous replenishment

Metcalf's Law

Bullwhip effect

Forward buying

20. Which of the following is considered a pure production planning strategy?

Level playing field

Stable workforce, variable work hours

Lag demand

Variable workforce, stable work hours

21. The text mentions several common approaches to use when developing a strategy to close a capacity gap (where utilization of a resource exceeds capacity available). Which of the following is among the common approaches mentioned?

Transferring capacity from other units

New construction

Closing a related department

Hire more employees

Reference no: EM13929137

Questions Cloud

Prepare another five year depreciation schedule : Prepare another five year depreciation schedule for the computer using the double declining balance method. Use (copy) the headings used in Requirement a.
What is cloud computing : Types of Cloud Computing (Private, Public, Hybrid)"
Draw the free body diagram of the rider : The Raptor is an outside loop roller coaster in which riders are belted into seats resembling ski-lift chairs. Draw the Free-Body-Diagram of the rider at the highest position in the loop.
Mean test scores of the two groups : What is the calculated t value? Are the mean test scores of these two groups significantly different at the .05 level?
Developing a capacity plan : 1. What is the important starting point in developing a capacity plan? 2. What is another name for the fixed-order quantity inventory model?
Determine how five guys'' philosophy sets : Assess how ethical and social practices are part of the Five Guys' culture and provide examples to support your choices.5.
Create a java class named headphones : 1. Create a Java class named HeadPhones to represent a headphone set. The class contains:
Should adjusted at certain points in transformation process : Should pay be linked to the present or expected value to the organization? Should pay be adjusted at certain points in transformation process?
Why are some countries rich while others are poor : In order to find effective solutions to world poverty, one must first understand its cause. Thus, why are some countries rich while others are poor

Reviews

Write a Review

Business Management Questions & Answers

  Explain effective use of marketing research

Explain Was this an effective use of marketing research and Call to mind the current company you work for or a company you worked for in the past

  Mergers and acquisitions play a critical part in a

mergers and acquisitions play a critical part in a corporations survival profit and growth strategies. many great

  Courses and experiences in a university program

Discuss and explain courses and experiences in a University program would contribute to a person's growth, problem solving, written and oral communication skills, information retrieval and utilization, collaboration.

  Team building exercises

find a few specific exercises that you feel would be most likely to help a sales team bond and work together.

  Explain whether each communication network is effective

Explain whether each communication network is effective or ineffective

  What is the eoq

Demand for a popular athletic shoe is nearly constant at 800 pairs per week for a regionaldivision of a national retailer. The cost per pair is $54. It costs $72 to place an order, andannual holding costs are charged at 22% of the cost per unit. The ..

  Identify the possible original decisions

Assume you and your co-employees had an in depth discussion about nonrational escalation of commitment. Use best communication techniques to argue the following questions:

  Independent random samples taken on two university campuses

Independent random samples taken on two university campuses revealed the subsequent information concerning the average amount of money spent on textbooks during the fall semester.

  Choose a company of your choice and assess it compensation

Choose a company of your choice and assess it compensation strategy based on the concepts you have learned in this class.

  Describe the concept of the consumption function

What are the main determinants of the level of National Income? Describe the concept of the consumption function, verbally, graphically and mathematically. How is equilibrium of the National Income attained?

  Question about obesity

Analyzers at the Center for Disease Control and Prevention and National Cancer Institute published a study that concluded that people who are over their ideal weight but not obese actually have a lower risk of death than people who are within normal ..

  Do you think that pure p2p architectures will be popular in

routingyou suspect that the failure of a router or of a transmission line connecting routers has left some of your

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd