MN 551 MIDTERM II CERTIFICATION EVALUATION 2026 FULL QUESTIONS AND CORRECT ANSWERS

MN 551 MIDTERM II CERTIFICATION
EVALUATION 2026 FULL QUESTIONS AND
CORRECT ANSWERS

◉ Country Wealth?
Answer: natural resource transformation and conversion


◉ 4 things that impact operating environment?
Answer: - government regulations
- economy shortage and surplus
- global competition
- customers and quality


◉ order qualifiers
Answer: customer requirements based on various parameters


◉ order winner
Answer: characteristics that cause customers to choose this
companies product or service


◉ Engineer to Order

, Answer: - order needs unique engineering
- inventory not purchased until needed
- lead time is long because it includes design and purchase


◉ Make to Order
Answer: - don't start making order until order is received
- raw material inventory is held
- shorter lead time since design is not included


◉ Configure to Order
Answer: - customer can configure the product in certain options
- raw material inventory held
- shorter lead time since design is not included


◉ Assemble to Order
Answer: - product is made from standard components that the
manufacturer can inventory and assemble based on order
- inventory held ready to assemble
- very short lead time since manufacture is not included


◉ Make to Stock