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1. 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?
A) A level aggregate plan
B) A chase aggregate plan
C) A modified sales and operations plan
D) A hybrid aggregate plan
2. Which function does marketing play in a just-in-time (JIT) organization?
A) JIT marketing focuses on customer-driven quality.
B) JIT marketing simplifies inventory flow.
C) JIT marketing focuses on producer-driven quality.
D) JIT marketing synchronizes product demand with assembly.
3. What is a major factor in the decision to locate a business near its primary market territory?
A) Proximity to labor
B) Proximity to a community center
C) Proximity to customers
D) Proximity to parks
4. In which organizational layout would one expect to see items arranged by type?
A) Product
B) Process
C) Hybrid
D) Fixed
5. 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?
A) 22,167
B) 20,000
C) 21,667
D) 20,500
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: D |
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