Flashcards in EXAM 2 Deck (41)

Loading flashcards...

1

## Solutions from mathematical models of SOP problems should be executed without further discussion. T/F

### F

2

## A linear programming (LP) problem is one in which the objective function and all of the constraints are linear functions of the decision variables. T/F

### T

3

## The objective function and constraints in Mixed Integer Programming are significantly different than those in the LP model. T/F

### F

4

## In Linear Programming, it is possible to limit decision variables to have only integer values. T/F

### F

5

## SOP problems may be expressed as mathematical models where a set of decision variables are included with their associated costs. A decision variable may be

### production output rate each period

6

### the number of workers to be employed each period

7

## MPS supports the Resource Planning activity in the front-end of the. MPC framework. T/F

### F

8

## On a day-to-day basis, the MPS provides the information by which sales and manufacturing are coordinated. T/F

### T

9

## A listing of all the subassemblies, intermediates, parts, and raw materials that go into a parent assembly is referred to as the Bill of Materials (BOM). T/F

### T

10

## MPS specifies the products (or product options) that will be completed, the time of completion, and the quantities to be completed. T/F

### T

11

## SOP provides a direct input to MPS. T/F

### T

12

## Manufacturing uses a lot size procedure producing inventories that last between production runs. This inventory is referred to as

### cycle stock

13

## A planning bill of materials is most likely used in which MPC environment?

### Assemble-to-Order

14

## When the delivery date (promise date) is negotiated with customers, the coordination with MPS is made by using the following concept

### Available-to-Promise (ATP)

15

## Chase Strategy will always be inferior to Mixed Strategy T/F

### F

16

## If inventory holding costs are high, it is more likely that a level strategy will be used. T/F

### F

17

## SOP meeting is held once a year. T/F

### F

18

## Many key sales and operations planning linkages are outside the MPC system. T/F

### T

19

## The operations plan is a form of demand forecast. T/F

### F

20

## The most obvious need for integrated planning and control is between

### sales, marketing, and production

21

## The operations plans is

### a managerial statement of desired production output

22

## SOP provides which of the following benefits?

###
A basis to focus production resources

Key communications links for top management

23

## ___ describes the related options or modules that make up the average end item?

### super bill of materials

24

## ___ is a statement of the specific products that make up that output

### MPS

25

## ___ is an aggregate statement of the manufacturing output required to reach company objectives

### SOP PLAN

26

## The make-to-order (or engineer-to-order) company, in general, carries no finished-goods inventory and builds each customer order as needed. T/F

### T

27

## A planning bill of materials describes the related options or modules that make up the average end item. T/F

### T

28

## SOP problems may be expressed as mathematical models with a set of constraints. A typical constraint may be

### resource capacities per period

29

## SOP problems may be expressed as mathematical models with a clearly defined objective function which may be

### Cost Minimization or Revenue Maximization

30