TLMT 313 Week 7 Quiz 6

TLMT 313 Week 7 Quiz 6
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Question 1 of 10

10.0 Points

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?

  • Question 2 of 10Master Production Schedule
  • Bill of Materials
  • Distribution Requirement Plan
  • Resource Requirement Plan

10.0 Points

Your company is conducting forecasting that revolves around the current recession and expansion of the U.S. economy. This type of forecasting can be referred to as what component of a time series?

  • Cyclical Variations
  • Trend Variations
  •  Seasonal Variations
  •  Random Variations

Question 3 of 10

10.0 Points

Lead Capacity Strategy is a proactive approach that adds or subtracts capacity in anticipation of future market conditions and demand.

  • True
  • False

Question 4 of 10

10.0 Points

An ERP system is generally a multi-module application software for managing an enterprise’s internal functional activities, as well as its suppliers and customers.

  • True
  • False

Question 5 of 10

10.0 Points

One of the goals of an effective CPFR system is to minimize the negative impacts of the bullwhip effect on supply chains.

  • True
  • False

Question 6 of 10

10.0 Points

The term Cycle Counting is synonymous with physically counting inventory.

  • True
  • False

Question 7 of 10

10.0 Points

CPFR is more likely to succeed if companies educate their employees on the benefits of the process changes and the disadvantages of maintaining the status quo.

  • True
  • False

Question 8 of 10

10.0 Points

A firm should always run its operations at 100 percent capacity to ensure changes affecting demand can be met.

  • True
  • False

Question 9 of 10

10.0 Points

Associative forecasting methods are based on opinions and intuition.

  • True
  • False

Question 10 of 10

10.0 Points

The three basic production strategies for addressing the aggregate planning problem are the chase production strategy, the level production strategy, and the mixed production strategy.

  • True
  • False

 

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