ACTUAL EXAM WITH CORRECT
QUESTIONS AND ANSWERS .
/. What does Aggregate Planning provide, what units do you mostly work with? Chapter
10K - Answer-It converts forecasts into labor hours. It works in labor hours.
-Provides staffing estimates
/.If beginning inventory is 300 hours, demand is 1,800 hours for Period 1; 2,100 hours
for Period 2; and 5,400 hours for Period 3, what would be the level production amount
without backorders? - Answer-
/.Solve for aggregate plan costs, given inventory and demand forecast. Chapter 10K -
Answer-
/.What supply chain designs are typically used (4 types) and under which set of
circumstances? Chapter 12K V - Answer-1. design to order RESPONSIVE
-most customizable
-one of a kind custom paint job
2. make to order RESPONSIVE
-common basic design, add custom parts
-NIKE ID
3. assemble to order RESPONSIVE
-common design, predesigned components added
EX: Subway, Build-a-bear
4. make to stock EFFICIENT
- no customization
- vanilla ice cream
-something thats going to sell.
/.Lot Sizing Rules - know what conditions each are applied to. Chapter 11K II c 2 -
Answer-Fixed Order Quantity
-fixed amount ordered. limited by supplies production capability
lot for lot
-order size set equal to demand
Periodic order quantity
, - material ordered in predetermined time intervals
Safety Stock
-extra stock that is maintained to mitigate risk of stockouts caused by uncertainties in
supply and demand.
/.What is a bill of material? Chapter 11K b - Answer-A list of all parts and assembly
required to make one unit.
-derived from structure tree
/.What are the primary inputs to an MRP? Materials requirement planning Chapter 11K
II - Answer-1. Master Production schedule, details how many end items will be
produced, what and when needed.
Bill of Materials
-list of all assy, sub-assy, parts and raw materials needed to produce one unit of an end
item.
3. Inventory records -A record that shows an item's lot-size policy, lead time, and
various time-phased data. Purpose is to keep track of inventory and component
replenishment needs. consists of (1) gross requirements, (2) scheduled receipts, (3)
projected on-hand inventory, (4) planned receipts, and (5) planned order releases.
/.Process considerations in a Lean organization. Chapter 6K - Answer-a. Pull method of
workflow (lean)
-US Motor works: only pull more cajas when u need some.
b. Push method of workflow (not lean)
-stacking up pumps on desk
c.Manufacturing cells
-group them into a common cell for organization.
d. quality at the source
-see something is wrong, stop there as they occur takes a lot of will power guts, STOP
PRODUCTION
e. fail-safing
-design something only go together one way to minimize human error.
ex: fuel nozzles, electrical plug
f. standardized component/work method:
EX: in-n-out only one way of doing things
airline with one airplane model
g. production flexibility: