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Certified in Planning and Inventory Management(Part 2)

Last Update Jun 19, 2024
Total Questions : 151

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Certified in Planning and Inventory Management(Part 2) Questions and Answers

Questions 1

A firm produces a moderate variety of products to stock in a single plant. The plant is organized in a functional layout withsome work cells. Which of the following indicators most appropriately would be used to evaluate the effectiveness of thedetailed capacity planning processes?

Options:

A.

Units of output per direct labor hour

B.

Change in level of work-in-process (WIP) inventory

C.

Percentage of master schedule attained

D.

Level of finished goods inventory

Questions 2

An advantage of adopting a capacity-leading strategy is that:

Options:

A.

there is sufficient capacity to meet demand.

B.

there is sufficient demand to consume capacity.

C.

all demand is satisfied, and profit is maximized.

D.

overcapacity problems are minimized.

Questions 3

In the sales and operations planning (S&0P) process in a repetitive manufacturing environment, the resulting operationsplan for a product family could be stated in terms of which of the following outputs?

Options:

A.

A Projected labor hours

B.

Metric tons to be produced

C.

Value of products to be produced

D.

Number of products planned for shipment