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BSCM 01


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39 completed takes
5 passed, 34 failed
(2683 in progress, not included)
Average score: 38%
Pass score: 75%
Lowest: 0%
Highest: 93%
Average time: 4 hours 17 min
Longest: 1 day 12 hours
Fastest: 23 sec
1. Which of the following is/are included in five major levels in the manufacturing planning and control system?
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2. On the average a firm has 10 weeks of work-in-process and annual cost of goods sold is $15 million. Assuming that. the company works 50 weeks a year. What is the dollar value of the work-in-process?
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3. In the above question. if the work-in-process could be reduced to 7 weeks and the annual cost of carrying inventory was 20% of the inventory value. what would be annual saving?
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4. If the cost of manufacturing (direct material and direct labor) is 60% of sales and profit is 10% of sales .what would be the improvement in profit if. through better planning and control. the cost of manufacturing was reduced from 60%of sales to 50%of ales?
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5. Considering the above question how much would sales have to increase in profits?
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6. Continuous improvement does not focus on a
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7. The old saying (What you do not measure. you cannot control). is as valid today as it was when first stated. The necessary step/s in implementing a successful performance measurement program is/are:
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8. There is difference between measurement and standards. because:
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9. Today production control works in a demanding environment shaped by six major challenges. Which one of the following is not of those challenges?
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10. Metrics:
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11. Metrics give us:
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12. Transportation / Distribution inventory / Warehousing / Packaging / Material handling / Order Entry / These are the activities of:
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13. The information for quantities required in manufacturing. planning and control system will come from all of these EXCEPT:
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14. The time needed to perform operation is an important input factor to the manufacturing planning and control system. It is needed to schedule work through the plans.
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15. Route sheet or a routing file gives information in the manufacturing of a product such as:
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16. Process specifications are step-by-step set of instructions describing how the product is made this information is usually recorded an:
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17. As used in material management. bill of material:
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18. Engineering drawings and specifications and bill of material are the methods of:
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19. Which one of the following is Not out of five basic inputs to the manufacturing planning and control system?
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20. Inventories are part of planning process and provide buffer against:
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21. Production activity control activities in manufacturing planning and control may also be called:
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22. Production planning includes;
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23. On the overage a company has 12week of work-in-process (WIP) inventory and annual cost of goods sold of 36$ million. Assuming the company works 50 weeks per year. If the WIP could be reduced to 5week. and the annual cost of inventory value what would be annual savings?
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24. On the overage a company has 12week of work-in-process (WIP) inventory and annual cost of goods sold of 36$ million. Assuming the company works 50 weeks per year. What is the dollar value of the WIP?
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25. If the cost of direct material is 60%. direct labor is 10%.and overhead is 25%of sales. How much to give the same increase in profit? (Remember overhead cost is constant
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26. In order to maximize profit, a company must have all of the following objectives except:
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27. The inventory turns ratio measures:
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28. Process specifications can be best defined as a document which:
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29. A company's strategic plan:
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30. In which of the following manufacturing environments would consumer products, such as film, food, etc. be classified?
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31.

A firm planned order is used to:

 

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32. In order to maximize profit, a company must have all of the following objectives except:
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33. All of the following conditions will trigger an exception message except:
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34. Which of the following demand fulfillment approaches typically provides the longest delivery time ?
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35. Which of the following is generally a characteristic of a product-focused layout ?
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36. Which of the following is generally a function of the physical distribution system ?
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37. Of the following choices, which would be the preferred method to minimize system nervousness?
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38. The inventory turns ratio measures:
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39. Many different end items are made from a small number of components. What manufacturing environment would this be?
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40. The purpose of a strategic business plan is to:
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41. Available capacity can be best described as:
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42. Forecasts are typically more accurate for the near future than they are for the longer future. This occurs because
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43. Aggregate inventory management is concerned with:
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44. A forecast is typically more accurate for
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45. An anticipated build schedule can be BEST described as
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46.

Government regulations majorly apply to areas as:

A. Environment and taxation
B. Product liability and safety
C. Population growth

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47. Customer requirements may be based on price, quality, delivery and so forth are called:
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48.

the price for a certain type of product must full within a range for the
suppliers to be considered .but being considered does not mean winning the order. so win orders a supplier must have characteristics that encourage customers to choose its products and services over competitors. Those competitive characteristics, or combination of characteristics are called
 

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49.

It is virtually impossible to be the best in every dimension of competition. Firms should in general:

A. Strive to provide at least minimum level of acceptance for each of the order qualifiers
B. Should try to be the best in the market for the order winners.
C. Should keep in mind the pace of change

 

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50.

Which of the following are objectives of inventory?
I. Maximize customer service
II. Efficient transaction
III. Low cost plan operations
IV. Minimum inventory investment
 

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51.

Which of the following would be included in the cost of carrying inventory?
I. Heating and lighting a warehouse
II. Obsolete inventory
III. Labor to move material
IV. Damaged inventory
 

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52. Which of the following best describes a normal distribution?
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53.

Which of the following is MOST likely to be a dependent demand item ?

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54. Which of the following manufactured product types are BEST suited for flow manufacturing ?
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55. The master production schedule is generally a direct input to
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56.

Life cycle approach for identifying order winners and qualifiers is complicated in that:

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57.

Which one of the following is a basic strategy to achieve the level of shortest lead time?

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58.

This below pic shows the the situation of lead time strategy in case of:

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59.

Based on the following information, what would the safety stock need to be to ensure product is in stock 99.9999% of the time?
MAD = 100
On hand = 200
Weekly demand = 400
 

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60. In most companies, material purchases represent what percentage of the cost of the product?
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61.

As 1980 gave way to the 1990 the world continued to change, forcing additional changes in supply-chain concepts. All of the following statements depict those changes EXCEPT:

 

 

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62.

A company needs to produce 4000 units over the next two months. There are 21working days in the first month and 19 working days in the second month. What must the daily rate be with a level strategy ?

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63. The portion of a company's inventory and planned production which is not already committed is
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64.

To result in optimal performance for customer service and cost, it is felt that the supply chain of activities as an extension of partnership. This implies many issues, but critical one/s include/includes:

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65. Which of the following does Capacity Requirements Planning shows the feasibility for?
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66. The role of central supply in a decentralized distribution system is to
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67.

In the Theory of Constraints (TOC) the rope refers to

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68.

For master production scheduling, the minimum planning horizon is equal to the

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69.

What type of inventory category is for items used in production that do not become a part of the product?

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70. Just in Time philosophy is
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71. The primary reason for a time fence is to
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72. The setup time for an operation is two hours and the run time is 10 minutes per piece. The scheduled operation time for 100 units is
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73.

Aggregate inventory management is concerned with:

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74. Which of the following best describes a normal distribution?
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75. A company wants to store 15,000 cartons with 20 cartons on each pallet. The warehouse is set up to store pallets 5 high. How many pallet positions are needed?
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76. All of the following are basic grouping methods to store and locate stock in a warehouse except:
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95 ) : ?>% () % ()
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77. Material requirements planning (MRP) schedules a planned order receipt when
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78. A firm planned order is used to
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79.

It should be recognized that order winners and qualifiers for any product market combination are not static. not only will customers change perspectives as competitors jokey for position but the order winners and qualifiers will often change based on the concepts of:

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80. To get most profit, a company must have:
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