OMGT QUIZ 6 ELLIS ECU QUESTIONS
AND ANSWERS
Which is more detailed & has a shorter time? Marter scheduling or mpr - Correct
Answers -Mpr
From a revenue standpoint, which would you rather have? A higher forecast or booked
orders - Correct Answers -Booked orders
A field in the master schedule record that indicates the number of units that are
available for sale each week, giving those that have already been promised to
customers - Correct Answers -available to promise
As inv. Moves downstream, what happens to flexibility - Correct Answers -Less flexibility
downstream
Do not order in isolation - Correct Answers -Shipping and processing matter
What is the 1st step in sales op planning - Correct Answers -Master suned
A listing if all the subassemblies, intermediates, parts & raw materials that go into a
parent assembly showing the quality of each required to make an assembly - Correct
Answers -Bill of Material
Do comp plan to use safety stock - Correct Answers -No
Per review system- as inv. Goes down what happens with per rev system? - Correct
Answers -Ordering increases
bullwhip effect - Correct Answers -Small change downstream = large change upstream
Extra inventory that a company holds to protect itself against uncertainties in either
demand or replenishment time - Correct Answers -Safety stock
Indiv. Links in the supp. Chain can stabilize their production in the most efficient level by
using what type of inventory - Correct Answers -Smoothing inventory
Inventory in pipeline is called what - Correct Answers -Transportation
Which of the following relationships show dependent demand inventory? - Correct
Answers -Buying 4 new tires for each car produced
AND ANSWERS
Which is more detailed & has a shorter time? Marter scheduling or mpr - Correct
Answers -Mpr
From a revenue standpoint, which would you rather have? A higher forecast or booked
orders - Correct Answers -Booked orders
A field in the master schedule record that indicates the number of units that are
available for sale each week, giving those that have already been promised to
customers - Correct Answers -available to promise
As inv. Moves downstream, what happens to flexibility - Correct Answers -Less flexibility
downstream
Do not order in isolation - Correct Answers -Shipping and processing matter
What is the 1st step in sales op planning - Correct Answers -Master suned
A listing if all the subassemblies, intermediates, parts & raw materials that go into a
parent assembly showing the quality of each required to make an assembly - Correct
Answers -Bill of Material
Do comp plan to use safety stock - Correct Answers -No
Per review system- as inv. Goes down what happens with per rev system? - Correct
Answers -Ordering increases
bullwhip effect - Correct Answers -Small change downstream = large change upstream
Extra inventory that a company holds to protect itself against uncertainties in either
demand or replenishment time - Correct Answers -Safety stock
Indiv. Links in the supp. Chain can stabilize their production in the most efficient level by
using what type of inventory - Correct Answers -Smoothing inventory
Inventory in pipeline is called what - Correct Answers -Transportation
Which of the following relationships show dependent demand inventory? - Correct
Answers -Buying 4 new tires for each car produced