NEW QUESTION 238
The sum of queue, setup, run, wait and move times is known as:

NEW QUESTION 239
The planning horizon is usually and is reviewed perhaps .

NEW QUESTION 240
The cost associated with checking and auditing quality in the organization is called:

NEW QUESTION 241
Which of the following are the major objectives of Material Requirement Planning?

NEW QUESTION 242
This figure shows that:

NEW QUESTION 243
A manufacturer’s decision to extend the degree of forward integration should be influenced by its desire to do which of the following?
1. Reduce the uncertainty of demand
2. Erect barriers to potential competitors
3. Reduce the number of processes to be controlled

NEW QUESTION 244
What may vary depending upon the interest rates, the credit rating of the firm, and the opportunities the firm may have for investment?

NEW QUESTION 245
What involves long-range capacity resource requirements and is directly linked to production planning?

NEW QUESTION 246
Exploding is the process of multiplying the requirements by:

NEW QUESTION 247
What attempts to prevent the production of defects by showing that when the standard deviation increases there is an assignable cause for variation?

NEW QUESTION 248
“Framework of organizing, defining and standardizing the business processes necessary to effectively plan and control an organization so the organization can use its internal knowledge to seek external advantage” This is the definition of:

NEW QUESTION 249
A company ships barbecues fully assembled. The average line-haul cost per shipment is $12.50 per mile, and the truck carries 100 assembled barbecues. The company decides to ship the barbecues unassembled and figures it can ship barbecues in a truck. Calculate the line-haul cost per barbecue assembled and unassembled. If the average trip is 300 miles, calculate the saving per barbecue?

NEW QUESTION 250
Inventory investment can be balanced with:

NEW QUESTION 251
are determined by the computer’s material requirement plan logic based upon the gross requirements for a particular part.

NEW QUESTION 252
Buyers in which environment need suppliers who value their new relationship, working in partnership to remove waste from the system?

NEW QUESTION 253
Utilization can be determined from:

NEW QUESTION 254
Inventory must be sorted and the same parts collected together so they can easily be counted, this is called:

NEW QUESTION 255
In terms of structure and function, the construction supply chain is characterized by the following element/s:

NEW QUESTION 256
Which of the following is/are the major characteristic/s to flow manufacturing?

NEW QUESTION 257
The time needed to unload and load must be shorter than .