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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?



Units of output per direct labor hour


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


Percentage of master schedule attained


Level of finished goods inventory

Questions 2

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



there is sufficient capacity to meet demand.


there is sufficient demand to consume capacity.


all demand is satisfied, and profit is maximized.


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?



A Projected labor hours


Metric tons to be produced


Value of products to be produced


Number of products planned for shipment