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15. Lot-for-lot replenishment is most appropriate for which of the following typ

ID: 432612 • Letter: 1

Question

15. Lot-for-lot replenishment is most appropriate for which of the following types of orders?

a. Any independent demand items

b. Large, infrequent orders

c. Infrequent orders of varying sizes

d. Orders in a JIT shop

16. Early MRP software systems offered all the following benefits except

a. cross-functional capacity.

b. improved on-time delivery percentages.

c. lead times.

d. computerized bill of material.

17. Capacity can be measured in all of the following ways except

a. numbers of items.

b. standard hours of work.

c. rate of work.

d. output in currency units.

18. Capacity requirements planning generally refers to which of the following?

a. Resource requirements assessment at the S&OP level

b. Long-term rough-cut capacity checks

c. Short-term assessment of labor, plant, and equipment availability

d. Shop-floor monitoring of resources

5. Which of the following is an advantage of using a lateral supply chain?

a. To improve business focus and expertise

b. To leverage communication and production competencies

c. To achieve economies of scale and scope

d. All of the above

Explanation / Answer

15. Lot-for-lot replenishment is most appropriate for which of the following types of orders? a. Any independent demand items b. Large, infrequent orders c. Infrequent orders of varying sizes Ans As varying order sizes suit the replenishment d. Orders in a JIT shop 16. Early MRP software systems offered all the following benefits except a. cross-functional capacity. Ans It is not a direct impact b. improved on-time delivery percentages. c. lead times. d. computerized bill of material. 17. Capacity can be measured in all of the following ways except a. numbers of items. b. standard hours of work. c. rate of work. d. output in currency units. Ans It is not a direct capacity measurement 18. Capacity requirements planning generally refers to which of the following? a. Resource requirements assessment at the S&OP level Ans analyzes the company's actual production capacity b. Long-term rough-cut capacity checks c. Short-term assessment of labor, plant, and equipment availability d. Shop-floor monitoring of resources 5. Which of the following is an advantage of using a lateral supply chain? a. To improve business focus and expertise b. To leverage communication and production competencies c. To achieve economies of scale and scope d. All of the above Ans All are correct as the Supply chain is within the organization and has better control

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