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1. Fixed order quantity = 100 units
Lead time = 2 weeks
Safety stock = 25 units
What is the projectedavailable balance in period 5?
A) 105 units
B) 130 units
C) 70 units
D) 30 units
2. Which of the following planning modules considers the longest-range planning goals?
A) Rough-cut capacity planning (RCCP)
B) Input/output analysis
C) Capacity requirements planning (CRP)
D) Resource planning
3. Which of the following criteria is used to determine safety stock in a distribution center (DC)?
A) Seasonal index value
B) Alpha factor level
C) Probability of stocking out
D) Economic order quantity (EOQ) N
4. "We have observed the inventory system does not handle plastic parts well." Whatshould be added to the problemstatement to make it more useful?
A) Measurements that help describe the problem
B) Criteria for selecting the improvement team
C) Description of who is responsible for the problem
D) Guidance to which problem-solving tools should be used
5. A 58 environment should be maintained for which of the following reasons?
A) To prepare for customer visits
B) To promote level loading
C) To support standard work
D) To standardize training
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: C |
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