Chapter 1 Introduction To Supply Chain Management 8
1. According to the text, resource planning is the process of determining the production capacity required to meet demand. 2. The resource and operations planning done by operations managers is intended to balance capacity and output. 3. According to the text, the goal of resource planning is to minimize the discrepancy between an organization’s capacity […]
Chapter 1 Introduction To Supply Chain Management 7
11. System nervousness is when even small changes to upper-level production plans cause major changes in lower-level production plans. 12. Computer and information technologies MRP has evolved to become closed-loop MRP which can now take into account APP, MPS, and CRP. 13. The process of converting a parent item’s planned order releases into component gross […]
Chapter 1 Introduction To Supply Chain Management 6
1. Which of the following is an engineering document that shows an inclusive listing of all the component parts and assemblies making up the final product? a. Master Production Schedule b. Bill of Materials c. Distribution Requirement Plan d. Resource Requirement Plan 2. The goal of resource planning is to minimize the discrepancy between capacity […]
Chapter 1 Introduction To Supply Chain Management 5
11. Which of the following MRP terms represents a committed order awaiting delivery for a specific period? a. Projected on-hand inventory b. Time bucket c. Net requirement d. Scheduled receipt 12. Which of the following MRP terms represents the parts demanded by a parent? a. Gross requirement b. Component c. Net requirement d. Scheduled receipt […]
Chapter 1 Introduction To Supply Chain Management 4
1.Service parts sold to the repair shops are examples of dependent demand. 2. Dependent Demand must be forecasted based on market conditions. 3. The four broad categories of inventory are raw materials, work-in-process, subassemblies, and finished goods. 4. Inventory turnover ratio shows how many times a firm turns over its inventory in an accounting period. […]
Chapter 1 Introduction To Supply Chain Management 3
11. An RFID reader does not require direct line of sight to read the information stored in an RFID tag. 12. The EOQ, also known as the economic order quantity, is the optimal order size in terms of cost because it minimizes the annual total inventory cost. The EOQ is the lot size where inventory […]
Chapter 1 Introduction To Supply Chain Management 2
1. Dependent demand and independent demand items differ in that I. for any product, all components are dependent-demand items II. the need for independent-demand items is forecast III. the need for dependent-demand items is calculated a. I only b. I & II only c. I & III only d. II & III only e. I, […]
Chapter 1 Introduction To Supply Chain Management
11. The primary purpose of the basic economic order quantity model is a. to calculate the reorder point, so that replenishments take place at the proper time b. to minimize the sum of carrying cost and holding cost c. to maximize the customer service level d. to minimize the sum of setup cost and holding […]
With That Said It Is Often Said That Criminal Justice Employees Are
Motivation is very important. With that said, it is often said that criminal justice employees are unmotivated. Comment on this assertion and discuss possible ways in which the motivational levels of criminal justice workers can be raised. In addition, examine what you believe to be the role of criminal justice managers in the motivation of […]
Egypt And Mesopotamia Both Developed Along Major River Systems
1. Egypt and Mesopotamia both developed along major river systems, yet a comparable civilization did not apparently develop early Native Americans along the Mississippi River Valley. Why do you think this did not occur? What necessary factors for the rise of civilization were missing? Or was it simply a matter of accident?2. Emperor Augustus tried […]
