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The use of part-time workers as an aggregate planning
option may be less costly than using full-time workers, but
it may also reduce quality levels. - ANSWER-True
Graphical techniques are easy to understand and use, but
are not well-suited for generating optimal strategies. -
ANSWER-True
,Which choice best describes level scheduling? -
ANSWER-Inventory goes up or down to buffer the
difference between demand and production.
In level scheduling, what is kept uniform from month to
month? - ANSWER-production/workforce levels
Outsourcing is a form of specialization that allows the
outsourcing for him to focus on its key success factors. -
ANSWER-True
With the "many suppliers" of sourcing strategy, the order
usually go to the supplier that offers the highest quality. -
ANSWER-False
,The transfer of some of what are traditional internal
activities and resources of a firm to outside vendors is: -
ANSWER-outsourcing
Vertical integration appears particularly advantageous
when the organization has: - ANSWER-a large market
share
What term is used to describe the outsourcing of logistics?
- ANSWER-third-party logistics (3PL)
Which of the following is NOT an assumption of the
economic order quantity motion?
, Q* = sqr 2DS/H - ANSWER-Production and use can occur
simultaneously.
Which of the following statements about the basic EOQ
model is FALSE? - ANSWER-If annual demand were to
double, the EOQ would also double.
Which category of inventory holding cost has a much
higher percentage than average for rapid change
industries such as PCs and cellphones? - ANSWER-
pilferage, scrap, and obsolescence