Wmba2003 Study guides, Class notes & Summaries

1. Question: Assume you have been assigned the task of identifying a level strategy aggregate production plan for the upcoming year. You have been informed that beginning inventory is 2,000 units, your plan should provide an ending inventory for the year equal to 500 units, and you have been provided the following forecasts of aggregate demand. What should be the planned rate of quarterly production? 2. Question: Aggregate planning is concerned with matching supply and demand of output over a s...

1. Question: Assume you have been assigned the task of identifying a level strategy aggregate production plan for the upcoming year. You have been informed that beginning inventory is 2,000 units, your plan should provide an ending inventory for the year equal to 500 units, and you have been provided the following forecasts of aggregate demand. What should be the planned rate of quarterly production? 2. Question: Aggregate planning is concerned with matching supply and demand of output over a s...

Question 1 Process selection choices affect all parts of the firm and thus involve all functional areas along with general management. Selected Answer: False Correct Answer: True 0 out of 2 points Answer Feedback: (pp. 79, see last paragraph of section 4.8). • Question 2 0 out of 2 points Make-to-stock (MTS) and make-to-order (MTO) process choices each offer relative advantages and disadvantages. Which of the following statements concerning MTS and MTO is true? Selected Answe...

seeks to eliminate defects in goods services by preventing and correcting human-generated errors: Selected Answer: poka-yoke Correct Answer: poka-yoke Answer Feedback: (pp. 138, poka-yoke, or mistake proofing seeks to eliminate defects in goods services by preventing and correcting human-generated errors.) It is better to inspect quality of a product rather than to build it into the product. Selected Answer: False Correct Answer: False Answer Feedback: (See Tabl...

• Question 1 4 out of 4 points A lean system is designed to expose errors and get them corrected at the source. Selected Answer: True Correct Answer: True Answer Feedback: (pp. 142 - this is true as it prevents covering errors with inventory). • Question 2 According to the service matrix proposed by Collier and Meyer, ATM services are categorized as: Selected Answer: provider routed services Correct Answer: provider routed services 4 out of 4...