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| Section | Objectives |
|---|---|
| Detailed Scheduling and Planning | - Inventory Management
|
| Master Planning of Resources | - Demand Management
|
| Strategic Management of Resources | - Supplier and Customer Relationships
|
| Execution and Control of Operations | - Quality and Continuous Improvement
|
1. Which of the following techniques would be most appropriate to use to develop a forecast?
A) Delphi method
B) Moving average
C) Exponentialsmoothing
D) Time series decomposition
2. Safety capacity in lean environments is:
A) provided by adding an additional shift.
B) where taketime is greater than cycle time.
C) unnecessary waste to be reduced in the next kaizen event.
D) employing additional workers in peak periods.
3. Which of the following situations is most likely to occur when using a push system?
A) Work centers receive work even if capacity is not available.
B) Work centers are scheduled using finite capacity planning.
C) Work centers signal previous work centers when they are ready for more work.
D) Work centers operate using decentralized control.
4. An effective process to create meaningful change begins with:
A) refreshing corporate strategy to align with current marketplace realities for your industry.
B) identifying and discussing a past crisis, a potential crisis, or major opportunities.
C) reviewing financial outcomes and metrics over the last 4 quarters year-over-year.
D) using consultants to provide in-depth analysis of current management opportunities.
5. In a lean environment, the batch-size decision for planning "A" items would be done by:
A) lot-for-lot (L4L).
B) min-max.
C) least total cost.
D) periodic order quantity.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: A |
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