Earliest unassigned time slots in work centers

Assignment Help Game Theory
Reference no: EM132864660

1. Production control includes any _______ involved in handling materials,

parts, assemblies, and subassemblies from their initial stage of production to the finished product stage in an organized and efficient manner.
a. Cost
b. Activity
c. Paperwork
d. Equipment

2. What type of scheduling system assigns work to the earliest unassigned time slots in work centers?
a. Backward
b. Infinite
c. Finite
d. Forward

3. What part of an MRP record represents the time period when an item and its required quantity need to be available?
a. Planned order receipt
b. Planned order release
c. Projected available balance
d. Gross requirements

4. What part of an MRP record represents the item quantity that will be built every time a projected available balance falls below the next period's gross requirement?
a. Projected available balance
b. Safety stock quantity
c. Gross requirement
d. Lot size

5. What planning system involves the breakdown of a company's product mix and aggregates the capacity requirements of these more detailed plans at a work center level?
a. Projected available balance
b. Safety stock quantity
c. Capacity requirements planning
d. Lot size

6. Which type of manufacturing plan is used to produce a relatively constant amount of product in each planning period?
a. Level production plan
b. Split production plan
c. Chase Production plan
d. Hybrid production plan

7. What process is used to develop a prediction or estimate of product requirements?
a. Time-phased releases
b. Workstation evaluation
c. Demand estimation
d. Customer surveys

8. A time-phased schedule system for individual product requirements that are not components, subsystems, or assemblies is called a:
a. Master production schedule
b. Materials requirement plan
c. Final assembly schedule
d. Demand forecast

9. Which of the following is NOT typically part of a demand estimate?
a. Historical demand
b. Service and spare parts requirements
c. Actual orders
d. Inventory level adjustments

10. MRP records rely on which three critical inputs?
a. Time-phased demand data from the master production schedule, expected customer returns, and the current inventory status of the item
b. Time-phased demand data from the MPS, an updated bill of materials, and the current inventory status of the item
c. Statement of final assembly quantities, time-phased demand data from the master production schedule, and updated bill of materials
d. Statement of final assembly quantities, updated bill of materials, and the current inventory status of the item

Reference no: EM132864660

Questions Cloud

What is the catheterization labs profit : The annual fixed cost for the catheterization lab is $1 million and the variable cost is $129 per procedure. What is the catheterization labs profit
What nick accountant has challenged : What Nick's accountant has challenged that decision stating a change in the value of the compressor on 30 June 2020 would be breaching the
Evaluate the influence of the national culture : External HR consultant who is appointed by a UK MNC to carry out an analysis to understand appropriate approaches to manage the future employees
What is the swot analysis for amazon : What is the SWOT Analysis For Amazon?
Earliest unassigned time slots in work centers : 1. Production control includes any _______ involved in handling materials,
What is the issue price of the bonds : The bonds pay interest semiannually on June 30 and December 31. If the effective annual rate of interest is 10%, what is the issue price of the bonds
Different facility patient health records : The type of data collected in each different facility's patient health records is established by required standards or regulations.
Statistics For Managers-Hypotheses : Why do we need to use them to make decisions about relating sample results to the population; why can't we just make our decisions by the sample value?
What is derek maximum deductible convention expense : What is Derek's maximum deductible convention expense for the year? Derek has his own law practice in Toronto , Ontario. During 2020 he paid $6500 to attend

Reviews

Write a Review

Game Theory Questions & Answers

  Use the best-response approach to find all nash equilibria

Player 1 has the following set of strategies {A1;A2;A3;A4}; player 2’s set of strategies are {B1;B2;B3;B4}. Use the best-response approach to find all Nash equilibria.

  A supplier and a buyer, who are both risk neutral

A supplier and a buyer, who are both risk neutral, play the following game,  The buyer’s payoff is q^'-s^', and the supplier’s payoff is s^'-C(q^'), where C() is a strictly convex cost function with C(0)=C’(0)=0. These payoffs are commonly known.

  Pertaining to the matrix game theory problem

Pertaining to the matrix need simple and short answers, Find  (a) the strategies of the firm (b) where will the firm end up in the matrix equilibrium (c) whether the firm face the prisoner’s dilemma.

  Nash equilibria

Consider the two-period repeated game in which this stage game is played twice and the repeated-game payo s are simply the sum of the payo s in each of the two periods.

  Find the nash equilibrium

Two players, Ben and Diana, can choose strategy X or Y. If both Ben and Diana choose strategy X, every earns a payoff of $1000.

  Construct the payoff matrix for the game

The market for olive oil in new York City is controlled by 2-families, Sopranos and Contraltos. Both families will ruthlessly eliminate any other family that attempts to enter New York City olive oil market.

  Question about nash equilibrium

Following is a payoff matrix for Intel and AMD. In each cell, 1st number refers to AMD's profit, while second is Intel's.

  Finding the nash equilibrium

Determine the solution to the given advertising decision game between Coke and Pepsi, assuming the companies act independently.

  Nash equilibria to determine the best strategy

Little Kona is a small coffee corporation that is planning entering a market dominated through Big Brew. Each corporation's profit depends on whether Little Kona enters and whether Big Brew sets a high price or a low price.

  Creating a payoff table

Suppose you and your classmate are assigned a project on which you will earn one combined grade. You each wish to receive a good grade, but you also want to avoid hard work.

  Determine the nash equilibrium for trade policy

Consider trade relations in the United State and Mexico. Suppose that leaders of two countries believe the payoffs to alternative trade policies are as follows:

  Find the nash equilibrium outcomes

Use the given payoff matrix for a simultaneous move one shot game to answer the accompanying questions.

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!

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