Which of the following inventory management techniques is most responsive to changes in demand levels?

The demand for an item has increasing forecast error, whereas all other factors remain constant. Which of the following remains constant while maintaining the same customer service level?

If fixed costs are §200,000 and 20,000 units are produced, a unit's fixed cost is §10. This is an example of:

A low-cost provider strategy works best when which of the following conditions are met?

Which of the following prioritization rules will have the greatest impact In reducing the number of orders In queue?

Which of the following prioritization rules will have the greatest impact In reducing the number of orders In queue?

In which of the following phases of the product life cycle is product price most effective in influencing demand?

Which of the following statements is an assumption on which the economic order quantity (EOQ) model is based?

A manufacturer has a forecasted annual demand of 1,000,000 units for a new product. They have to choose 1 of 4 new pieces of equipment to produce this product. Assume that revenue will be $10 per unit for all 4 options. Which machine will maximize their profit if the manufacturer anticipates market demand will be steady for 3 years and there is no residual value for any of the equipment choices? MachineFixed CostVariable Cost per UnitAnnual Capacity AS100.000$6 00800,000 units B$200,000$5 501.000,000 units

How would a master production schedule (MPS) be used In an assemble-to-order (ATO) manufacturing environment?

An advantage of applying ABC classification to a firm's replenishment items is that:

Which of the following production activity control (PAC) techniques focuses on optimizing output?

Which of the following environments is most suitable for the use of kanban systems?

For a process that is outside its upper control limit (UCL), which of the following techniques would best be used to return the process under control?

Which of the following is the fundamental difference between finite loading and other capacity planning approaches?

For a process that is outside its upper control limit (UCL), which of the following techniques would best be used to return the process under control?

The primary reason for tracing a component with scheduling problems to Its master production schedule (MPS) item is to:

Which of the following stock location systems would you use in a repetitive manufacturing, lean environment?

Global outsourcing and shared suppliers serving an industry are drivers of which category of risk?

A statistical safety stock calculation would be appropriate for: