BIT 3414 final exam QUESTIONS N
ANSWERS RATED A+ 2025/2026
sales and operations planning (S&OP) - CORRECT ANSWER ✔✔a process for coordinating supply
and demand
pure strategy - CORRECT ANSWER ✔✔adjusting only one capacity factor to meet demand
level production - CORRECT ANSWER ✔✔producing at a constant rate and using inventory as
needed to meet demand
chase demand - CORRECT ANSWER ✔✔changing workforce levels so that production matches
demand
peak demand - CORRECT ANSWER ✔✔staffing for high levels of customer service
backlog - CORRECT ANSWER ✔✔accumulated customer orders to be completed at a later date
backordering - CORRECT ANSWER ✔✔ordering an item that is temporarily out of stock
lost sales - CORRECT ANSWER ✔✔forfeited sales for out of stock items
aggregate planning - CORRECT ANSWER ✔✔the process of determining the quantity and timing
of production over an intermediate time frame
, mixed strategy - CORRECT ANSWER ✔✔varying two or more capacity factors to determine a
feasible production plan
material requirements planning - CORRECT ANSWER ✔✔computerized inventory control and
production planning system
assemble to order - CORRECT ANSWER ✔✔a manufacturing environment in which previously
completed subassemblies are configured to order
master production schedule - CORRECT ANSWER ✔✔schedule of finished products that drives
the MRP process
cumulative lead time - CORRECT ANSWER ✔✔total length of time needed to manufacture a
product
time fence - CORRECT ANSWER ✔✔management specified date which no changes in the master
schedule are allowed
product structure file - CORRECT ANSWER ✔✔a file that contains a computerized bill of material
for every item produced
bill of material (BOM) - CORRECT ANSWER ✔✔a list of all materials, parts, and assemblies that
make up a product, including quantities, parent-component relationships and order of assembly
modular bills of material - CORRECT ANSWER ✔✔bills used to plan the production of products
with many optional features
time phased bill of material - CORRECT ANSWER ✔✔an assembly chart shown against a time
scale
ANSWERS RATED A+ 2025/2026
sales and operations planning (S&OP) - CORRECT ANSWER ✔✔a process for coordinating supply
and demand
pure strategy - CORRECT ANSWER ✔✔adjusting only one capacity factor to meet demand
level production - CORRECT ANSWER ✔✔producing at a constant rate and using inventory as
needed to meet demand
chase demand - CORRECT ANSWER ✔✔changing workforce levels so that production matches
demand
peak demand - CORRECT ANSWER ✔✔staffing for high levels of customer service
backlog - CORRECT ANSWER ✔✔accumulated customer orders to be completed at a later date
backordering - CORRECT ANSWER ✔✔ordering an item that is temporarily out of stock
lost sales - CORRECT ANSWER ✔✔forfeited sales for out of stock items
aggregate planning - CORRECT ANSWER ✔✔the process of determining the quantity and timing
of production over an intermediate time frame
, mixed strategy - CORRECT ANSWER ✔✔varying two or more capacity factors to determine a
feasible production plan
material requirements planning - CORRECT ANSWER ✔✔computerized inventory control and
production planning system
assemble to order - CORRECT ANSWER ✔✔a manufacturing environment in which previously
completed subassemblies are configured to order
master production schedule - CORRECT ANSWER ✔✔schedule of finished products that drives
the MRP process
cumulative lead time - CORRECT ANSWER ✔✔total length of time needed to manufacture a
product
time fence - CORRECT ANSWER ✔✔management specified date which no changes in the master
schedule are allowed
product structure file - CORRECT ANSWER ✔✔a file that contains a computerized bill of material
for every item produced
bill of material (BOM) - CORRECT ANSWER ✔✔a list of all materials, parts, and assemblies that
make up a product, including quantities, parent-component relationships and order of assembly
modular bills of material - CORRECT ANSWER ✔✔bills used to plan the production of products
with many optional features
time phased bill of material - CORRECT ANSWER ✔✔an assembly chart shown against a time
scale
