MIS 302 Exam 3

A bill of materials for a menu item in a restaurant is sometimes called this

What is NOT TRUE about ERP?

Allows a segment of the master schedule to be designated as "not to be rescheduled"

Schedule that shows when an item must be ordered from suppliers or when the production of an item must be started to satisfy demand for the finished product by a particular date

A report showing the resource requirements in a work center for all work currently assigned there as well as all planned and expected orders

Time-phased stock-replenishment plan for all levels of the supply chain

Traces upward in the BOM from the component to the parent item

Lot-sizing technique that generates exactly what was required to meet the plan

Of the following, which is NOT a benefit in MRP? 1. Better response to customer orders as the result of improved adherence to schedules 2. Improved utilization of facilities and labor 3. Faster response to market changes 4. Increased inventory levels

A list of quantities of components, ingredients, and materials required to make a product

What is an information system for identifying and planning the enterprise-wide resources needed to take, make, ship, and account for customer orders?

Which lot sizing technique orders the quantity needed during a predetermined time between orders?

What provides feedback to the capacity plan, master production schedule, and production plan so planning can be kept valid at all times?

Which of the following is NOT true about DRP? 1. Goal of a DRP system is a small and frequent replenishment within bounds of economical ordering and shipping. 2. When dependent techniques are used in the supply chain, they are called distribution resource planning (DRP). 3.The DRP procedure starts with the forecast at the supplier level. 4. Effective use of DRP requires an integrated information system to rapidly convey planned order releases from one level to the next.

Which of the following is NOT true about EOQ? 1. EOQ is a statistical technique using averages, whereas the MRP procedure assumes known demand reflected in a master production schedule 2. EOQ is preferable when dependent demand exists. 3. EOQ can be used as a lot-sizing technique for MRP systems. 4. EOQ can be a reasonable lot-sizing technique when demand is relatively constant and independent.

What are supply chain management systems in the grocery industry that tie sales to buying, to inventory, to logistics, and to production?

Which of the following is NOT true about MRP? 1. MRP has evolved as the basis for Enterprise Resource Planning. 2. MRP uses a BOM, inventory, expected receipts, and a master production schedule to determine material requirements. 3. MRP provides a clean structure for dependent demand. 4. MRP is an independent demand technique used in a production environment.

Which of the following is NOT true about DRP? 1. The goal of a DRP system is small and frequent replenishment within the bounds of economical ordering and shipping. 2. When dependent techniques are used in the supply chain, they are called distribution resource planning (DRP) 3. The DRP procedure starts with the forecast at the supplier level. 4. Effective use of DRP requires an integrated information system to rapidly convey planned order releases from one level to the next.

Which of the following is NOT true about EOQ? 1. EOQ is a statistical technique using averages, whereas the MRP procedure assumes known demand reflected in a master production schedule. 2. EOQ is preferable when dependent demand exists. 3. EOQ can be used as a lot-sizing technique for MRP systems. 4. EOQ can be a reasonable lot-sizing technique when demand is relatively constant and independent.

Which of the following pieces of information is NOT contained in a bill of material? 1. Raw materials to be used 2. Quantities of components 3. Physical dimensions 4. Lead times

Which of the following statements is NOT true? 1. Demand for items is dependent when the relationship between the items can be determined. 2. For any product, some components of that product are independent demand items. 3. Less inventory frees up capital and floor space for other uses. 4. For any product for which a schedule can be established, dependent techniques should be used.

Which two schedules does the gross material requirements plan combine?

Which of the following is NOT true about MRP limitations? 1. MRP is considered an infinite scheduling technique 2. MRP is an excellent tool for product-focused and repetitive facilities, but it has limitations in process (make-to-order) environments 3. MRP does not tell you that a job needs to be completed on a certain week or day. 4. MRP does not do detailed scheduling.

Operations managers have two important tools available to deal with MRP system nervousness. What are they?

Which of the following is an advantage of ERP? 1. It is simple enough that companies have an easy time adjusting to it. 2. Data fields do not have to be defined identically across the entire enterprise. 3. It is very inexpensive to purchase. 4. It creates commonality of databases.

Which of the following lot-sizing techniques is likely to prove the most complex to use? 1. Economic order quantity (EOQ) 2. Lot-For-Lot 3. Periodic order quantity (POQ) 4. Wagner-Whitin

What is the act of breaking up an order and running part of it ahead of schedule? 1. Overlapping 2. Pegging 3. Lot Splitting 4. Operations Splitting

Which of the following statements about DRP is NOT true? 1. Lead times are considered in DRP 2. DRP procedures and logic are analogous to MRP 3. DRP pushes inventory through the system 4. DRP stands for "distribution resource planning"

What sends a lot of two different machines for the same operation? 1. Operations splitting 2. Lot splitting 3. Overlapping 4. Pegging

In Japanese, what word means continuous improvement?

Which of the following is NOT a JIT quality tactic? 1. Cross-train workers to add flexibility 2. Build fail-safe methods 3. Use statistical process control 4. Empower employees

Which of the following attributes is NOT for lean operations? 1. Build systems that help employees produce a perfect product every time 2. Use JIT techniques to eliminate virtually all inventory 3. Increase space requirements 4. Develop partnerships with suppliers

JIT has an internal focus while lean production begins with an external focus on...? 1. Supplier relationships 2. Logistics 3. Design 4. Customers

Services throughout the world use: 1. JIT and TPS, not Lean 2. JIT, TPS and Lean 3. TPS and Lean, not JIT 4. JIT and Lean, not TPS

The 5S's developed by the Japanese do NOT include: 1. standardize 2. sort/segregate 3. safety 4. simplify/straighten

Which is NOT one of the Taiichi Ohno's seven wastes? 1. Energy 2. Queues 3. Transportation 4. Motion

Virtually every restaurant deals with its suppliers on...? 1. JIT basis 2. Lean basis 3. EOQ basis 4. TPS basis

What is a concept that results in materials being produced only when requested and moved to where it is needed just as it is needed? 1. Push system 2. Pull system 3. Requisition system 4. Procrastination system

If there is any distinction between JIT, TPS, and lean operations, it is that lean operations emphasize... 1. forced problem solving 2. Employee empowerment in an assembly line environment 3. Employee learning 4. Understanding the customer

Which of the following statements is true regarding lean sustainability? 1. Lean requires examining the systems in which the firm and its stakeholders operate 2. Lean drives out waste because waste has adverse affects on the environment, while sustainability drives out waste because waste adds nothing for the customer 3. Sustainability is focused on only the immediate process and system 4. Lean and sustainability both seek to maximize resource and economic efficiency

The Japanese call the practice of stopping production when a defect occurs... 1. poka-yoke 2. kaizen 3. kanban 4. jidoka

Which of the following activities does NOT need to be virtually eliminated for a lean organization? 1. Inspection 2. Inventory 3. Material handling 4. Cross-training

Which of the following is NOT a JIT inventory tactic? 1. Use a push system to move inventory 2. Use group technology 3. Reduce lot size 4. Reduce setup time

Within decision theory, which of the following is NOT one of the three decision-making environments? 1. decision making under uncertainty 2. decision making under pressure 3. decision making under risk 4. decision making under certainty

What are listed across the top of a decision table? 1. Outcome probabilities 2. conditional values 3. states of nature 4. alternatives

What decision tree symbol represents a state of nature node? 1. circle 2. trapezoid 3. square 4. triangle

A decision tree should be used in lieu of a decision table when there... 1. are sequential decisions and states of nature 2. is no uncertainty 3. are states of nature that are mutually exclusive and collectively exhaustive 4. is complete uncertainty

Which is the 5th step in the decision making process? 1. Evaluate each alternative solution based on its merits and drawbacks 2. Implement and evaluate the decisions and then set a timetable for completion 3. Select the best alternative 4. Develop specific and measurable objectives

Which is the 4th step in analyzing problems with decision trees? 1. assign probabilities to the states of nature 2. structure or draw the decision tree 3. solve the problem by computing the EMV for each state of nature node 4. estimate payoffs for each possible combination of decision alternatives and states of nature

How much money should a firm be willing to spend to obtain a perfect market forecast? 1. EVwPI - EVPI 2. EVwPI - Maximum EMV 3. EVPI - Maximum EMV 4. EVPI - EMV

What is a course of action or strategy that may be chosen by a decision maker? 1. mission 2. state of nature 3. alternative 4. mode

What is a tabular means of analyzing decision alternatives and states of nature? 1. decision table 2. decision grid 3. decision matrix 4. decision tree

The text presents which two analytic tools to help with decision making? 1. decision tables and decision trees 2. decision tables and decision networks 3. decision networks and decision trees 4. decision networks and decision derivations

What is the formula for determining the number of kanban cards or containers? 1. (EOQ + Safety Stock) / Size of Container 2. (Demand during lead time / Size of container) + Safety stock 3. EOQ / Size of container 4. (Demand during lead time + Safety stock) / Size of container

What is an arrangement in which the supplier maintains title to the inventory until it is used? 1. Consignment inventory 2. Supplier control 3. Delayed transfer 4. Postponement

Which of the following is NOT one of the principles for standard work practice at Toyota? 1. Product and service flows are to be simple and direct 2. Internal and external