Apics Practice Questions And Answers

What is the primary disadvantage of a fixed location warehouse - Answer- Decreased cube utilization Point of use storage does not boast the advantage of - Answer- Increased ease of controls Point of use storage boasts all of these advantages - Answer- Reduced material handling Increased accessibility Reduced storage costs Ease of control is an advantage of - Answer- central storage advantages to using central storage (1 not) - Answer- Improved inventory accuracy Streamlined control Reduced safety stock reduced costs statements best describes the concept of cycle counting - Answer- Counting inventory on a preset schedule - purpose of identifying errors and taking the appropriate action to prevent future occurrences. strategies used in developing a production plan - Answer- chase and level strategy Chase strategies will vary the production based on - Answer- demand while level strategies establish production based on - Answer- the average demand required inputs to a realistic MPS (1 not) - Answer- Capacity constraints End item forecasts Production plan Product end item costs What is considered when establishing the MPS (1 not) - Answer- Efficient inventory management Efficient resource allocation High customer service levels Efficient final assembly Efficient final assembly would be developed by a - Answer- final assembly schedule (FAS) Final assembly scheduling generally occurs when there are - Answer- A variety of op