1. What are the ending inventory and the safety stock as a percent of forecast demand, if the beginning inventory is 500 units, the production requirement is 1800 units, and the demand forecast is 2000 units?

Multiple Choice

300 and 10%

200 and 10%

300 and 15%

150 and 18%

150 and 10%

2. What would be the appropriate cycle time as per the assembly-line balancing procedure if the daily production required is 50 units and the daily production time is 350 minutes?

Multiple Choice

480

7

0.104

50

9.6

3. What is the name of the planning strategy that involves hiring temporary workers as needed and laying them off when the job is finished?

Multiple Choice

Mixed strategy

Level strategy

Chase strategy

Mobile workforce strategy

Labor outsourcing

4. What is one of the process structure types?

Multiple Choice

Process matrix.

Workcenter.

Product matrix.

Manual assembly.

Process flow diagram.

5. Given the production requirement is 500, demand forecast is 1,500, and the necessary safety stock is 10 percent of the demand forecast.What is the beginning inventory?

Multiple Choice

• 100
• 1000

300

500

1150

6. Under which conditions is yield management most efficient from an operational point of view?

Multiple Choice

Inventory is perishable.

The firm doing yield management is very profitable.

Fixed costs are low and variable costs are high.

Demand cannot be segmented by customer.

The customer is a "captive" of the system.

7. How can the efficiency of the assembly line be calculated if the assembly line balancing process resulted in six workstations with a cycle time of 5 minutes, and the total time required for all tasks on the line is 30 minutes?

Multiple Choice

0.990

0.500

0.833

1.000

0.973

8. How many units need to be sold to break even, given a fixed cost of $1000, a selling price of $9 per unit, and a variable cost of $5 per unit?

Multiple Choice

• 200
• 111
• 1000
• 250
• 71

9. _____ are relevant to aggregate operations planning?

Multiple Choice

Fixed costs

Sunk costs

Backordering costs

Legal costs

Transaction costs

10. A company is selling a product at $8 per unit with variable costs of $2 per unit and annual sales volume of 1500 units, resulting in a yearly profit of $4000. With a new design, the variable costs have increased by 30%, fixed costs by 20%, and sales volume has increased to 2000 units per year. What should be the new selling price to break even?

Multiple Choice

• $8.97/unit
• $2.6/unit
• $3/unit
• $5.6/unit
• $8.58/unit

11. With level strategy, how many workers would be needed during a planning horizon of four periods if the production requirements in periods 1, 2, 3, and 4are 1,000, 800, 1,200 and 1,100 units, respectively? Assume that one worker can produce five units in one day and that there are 22 workdays in period 1, 17 workdays in period 2, 21 workdays in period 3, and 22 workdays in period 4. Also, assume that the beginning and ending inventories required are both 100 units in each period.

Multiple Choice

35

40

50

10

30

12. What is the term used for the manufacturing process that focuses on achieving high customer satisfaction while reducing inventory investment?

multiple choice

• Zero tolerance system
• Engineer-to-order manufacturing
• Total quality management
• Computer-automated manufacturing
• Lean manufacturing

13. In what scenarios would yield management be considered less effective from an operational perspective?

Multiple Choice

Demand can be segmented by customer.

The product can be sold in advance.

Demand is stable and close to capacity.

Fixed costs are high and variable costs are low.

Demand is highly variable.

14. How many workstations are needed in a hypothetical scenario following the assembly-line balancing procedure with task times of 4, 6, 7, 2, and 5 minutes for five tasks in a job, and a cycle time of 900 seconds?

Multiple Choice

2

6

5

3

15. In Little's Law, throughput rate = _____

Multiple Choice

Cycle time/Process time.

Inventory/Flow time.

Throughput time/Process velocity.

Value added time/Process velocity.

Process velocity/Throughput time.

16. How does the manufacturing process of CyberPower PC's consumer business involve customization of desktop and laptop computers using available parts and delivering the final product to the customer?

multiple choice

• Assemble-to-order
• Engineer-to-order
• Make-to-order
• Make-to-stock
• Total customization

17. What is the meaning of the customer order decoupling point in the supply chain?

multiple choice

• Transportation facilities
• Inventory
• Customers
• Manufacturing facilities
• Orders

18. What is the production requirement if the beginning inventory is 250 units, the forecasted demand is 1,000 units, and a safety stock equivalent to 30% of the forecasted demand is needed?

Multiple Choice

1,050

1,340

1,000

750

1,200

19. What is the first step in the high-level overview of manufacturing?

multiple choice

• Sourcing the parts we need
• Producing the product
• Delivering finished goods to the customer
• Scheduling workers
• Scheduling unit production