BCOR 360 Exam 3 Questions and Answers Latest Update

BCOR 360 Exam 3 Questions and Answers Latest Update Focus on the customer underlies the execution of an organization's strategy. - Answers True Which of the following has a planning horizon within 6-18 months? - Answers Aggregate Planning The aggregate planning contains critical information to guide lower-level scheduling and is the starting point of business planning - Answers False The master production scheduling is updated every semester. - Answers False Which of the following is used to align plans within your company? - Answers S&OP Aggregate planning helps you align your production capacity to market demand. - Answers True Which of the following is not a capacity-focused option to match supply and demand? - Answers Backorders For seasonal products and services, the best option to align supply and demand is to build inventory. - Answers False Which of the following is a demand-focused option to match supply and demand? - Answers Backorders Backordering is a good option to match supply and demand because it has no trade-offs. - Answers False Members of a product family all use the same set of production resources. - Answers True You overhear your colleagues in the production area say that, for next month, they need to produce 1,000 products of model A in the color red and 500 in the color blue, and 500 products model B in the color red and another 500 in the color green. Therefore, we can conclude that they are talking about the aggregate planning for next month. - Answers False In the __________ strategy, you can manipulate _________ to match supply and demand. - Answers Chase; workforce size You measure the capacity of your production process based on the process bottleneck. - Answers True In aggregate planning, you need to consider how your strategy will affect other key dimensions of performance, not only costs. - Answers True The center of gravity model requires that you place locations on a grid coordinate system. - Answers True The core benefit of an ERP system is that it: - Answers Offers a single source of truth because it stores all data in one place Keeping the old systems alive in parallel during the transition to a new ERP system can help mitigate the downsides of unpredictability during implementation. - Answers True An ERP system is a set of distributed databases surrounded by application programs that take data from the database and either conduct analysis or collect additional data for the firm. - Answers False Simply applying ERP over existing processes is one of the challenges in implementing an ERP system. - Answers True Production control decisions determine the flow of work into and through the production process. - Answers True In Shortest Processing Time, you process the order with the earliest due date. - Answers False The great thing about removing one constraint from the system is that the system no longer has resources limiting the capacity of the system. - Answers False In the DBR scheduling approach, the "drum" refers to the process of synchronizing the schedule of all other resources. - Answers False Anyone who has access to the Gantt chart can quickly see how resources are being allocated. - Answers True When your manufacturing planning and control system is working well, you save money for the company at the expense of compromising customers' needs. - Answers False By communicating what needs to be done to meet customers' real needs, your strategic business plan provides the starting point for all functional planning—including supply chain planning. - Answers True When ski resorts offer gondola rides, hikes, mountain bike trails, and fine dining in the summer, they are using which of the following tool sets to match supply and demand? - Answers Demand-focused tools Suppose you set up a hotdog truck near a football stadium. On game days, you decide to hire your best friend to help you in the kitchen, while you work by yourself on other days. This would be an example for deploying which of the strategic options to align capacity to demand? - Answers Chase strategy You overhear your colleagues in the production area say that, for next month, they need to produce 1,000 products of model A in the color red and 500 in the color blue, and 500 products model B in the color red and another 500 in the color green. Therefore, we can conclude that they are talking about the aggregate planning for next month. - Answers False In the following production process, what is your overall capacity per hour? - Answers 10 Since data is shared throughout the organization in an ERP system, once it goes live, it is safe to assume that all end-users will understand how the processes work and will be able to use it. - Answers False Your ERP system can help with which of the following? - Answers All of the above *Manage production schedules *Evaluate capacity constraints *Support real-time decision making *Develop and compare alternative aggregate plans With the investment of time, effort, and money, a process could be constraint-free. - Answers False Suppose you are a shop floor scheduler, and the production line came to a halt because of an auto line broke down. You can quickly figure out a workaround route by looking at the