Ops/571 Week 3 Quiz

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OPS/571 Week 3 quiz 1. When considering outsourcing, what should firms tend to avert? Giving the outsourcing partner opportunities to become a strong competitor 2. What is the important starting point in developing a capacity plan? Determining the effective capacity of a resource over some period of time 3. Which of the following is an input to the master production schedule (MPS)? The aggregate plan 4. Which of the following is an input file necessary to run an MRP program? Bill of materials (BOM) file 5. Which of the following forecasting methods is very dependent on selection of the right individuals who will judgmentally be used to actually generate the forecast? Delphi method 6. The main purpose of aggregate operations planning is to specify the optimal combination of which of the following? Workforce levels and inventory on hand 7. Which of the following is an essential resource that flows through a hospital supply chain? Information 8. In business forecasting, what is usually considered a short-term time period? Less than three months 9. Which of the following is an input file necessary to run an MRP system? Inventory records file 10. Which of the following is most closely related to the reason a firm might implement MRP? So they can order the right parts 11. Which of the following is one of the main purposes of a MRP system? Determine the materials needed. 12. The text mentions several common approaches to use when developing a strategy to close a capacity gap (where utilization of a resource exceeds capacity available). Which of the following is among the common approaches mentioned? Transferring capacity from other units 13. Which of the following is a perpetual system for inventory management? Fixed-order quantity 14. Which of the

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