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| Section | Objectives |
|---|---|
| Forecasting and Planning | - Demand Forecasting Methods - Aggregate Planning |
| Quality Management | - Total Quality Management (TQM) - Six Sigma and Continuous Improvement |
| Operations Management Foundations | - Operations Strategy and Competitiveness - Introduction to Operations and Productivity |
| Process Design and Analysis | - Capacity Planning and Bottlenecks - Process Mapping and Flow |
| Project and Operations Scheduling | - Project Management Basics - Scheduling Techniques |
| Supply Chain and Inventory Management | - Inventory Models and Control Systems - Supply Chain Design and Logistics - Just-in-Time (JIT) and Lean Operations |
Which type of aggregate plan is preferable when a company produces custom or special purpose equipment, one-of-a-kind items, or highly perishable products?
Correct Answer: B 🗳️
Explanation: Only visible for ITExamSimulator members. You can sign-up / login (it's free).
Which function does marketing play in a just-in-time (JIT) organization?
Correct Answer: A 🗳️
Explanation: Only visible for ITExamSimulator members. You can sign-up / login (it's free).
What is a major factor in the decision to locate a business near its primary market territory?
Correct Answer: C 🗳️
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In which organizational layout would one expect to see items arranged by type?
Correct Answer: B 🗳️
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A company's monthly widgets demand has been consistent for the past few years but now a variable shift in demand is forecasted.
The demands are predicted to be:
* January: 20,000 units
* February: 17,000 units
* March: 19,000 units
* April: 21,000 units
* May: 22,000 units
* June: 24,000 units
Beginning inventory of 10,000 units should be maintained.
What is the average monthly net widget production demand for the company?
Correct Answer: D 🗳️
Explanation: Only visible for ITExamSimulator members. You can sign-up / login (it's free).
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