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Production and Operations Planning Final Test Solutions - 352 Verified Questions

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Production and Operations Planning

Final Test Solutions

Course Introduction

Production and Operations Planning focuses on the strategic and tactical aspects of managing manufacturing and service operations to optimize efficiency, resource utilization, and customer satisfaction. The course covers key concepts such as forecasting, aggregate planning, inventory management, scheduling, capacity planning, and supply chain coordination. Students learn to apply analytical tools and decision-making techniques to design, implement, and monitor production systems while balancing costs, quality, and responsiveness. Emphasizing both theory and practical application, the course prepares students to address real-world challenges in operations planning in various industries.

Recommended Textbook

Supply Chain Focused Manufacturing Planning and Control 1st Edition by W. C. Benton

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12 Chapters

352 Verified Questions

352 Flashcards

Source URL: https://quizplus.com/study-set/578 Page 2

Chapter 1: Supply chain focused manufacturing planning and

control

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30 Verified Questions

30 Flashcards

Source URL: https://quizplus.com/quiz/10777

Sample Questions

Q1) Choose, among the following trends, the ones that contribute to the popularity of manufacturing planning and control system (MP&CS)in industry.

1)Public awareness regarding Sustainability

2)Manufacturing and resource planning (MRP)developments

3)The supply chain revolution

4)Laws encouraging Remanufacturing A)(1) and (4)

B) (2)

C) (1), (3) and (4)

D) None of the above

Answer: C

Q2) In order to make products with a relative degree of high complexity, which manufacturing environment will be most effective?

A) Assemble to order (ATO)

B) Make to stock (MTS)

C) Assemble to Stock (ATS)

D) Make to Order (MTO)

Answer: A

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Chapter 2: Forecasting demand

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30 Verified Questions

30 Flashcards

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Sample Questions

Q1) List the forecasting model that can forecast several periods ahead the available data with only a relatively small loss in accuracy.

Answer: Exponential smoothing model with trend and seasonality

Q2) The Ticket touring agency is coming out with a new tour package.While this is a new product, it is expected to be received by customers in the same manner as with the Dynasty tour package.The table below is the last year's demand for the Dynasty tour package.Which of the following months should the agency provide the most capacity?

\[\begin{array} { c l l l l l l l l l l l l }

\text { Month } & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 & 10 & 11 & 12 \\

\hline \text { Actual Demands } & 120 & 130 & 70 & 10 & 5 & 15 & 25 & 7 & 50 & 70 & 80 & 160

\end{array}\]

A) December

B) October

C) May

D) March

Answer: A

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Page 4

Chapter 3: S&OP/Aggregate planning

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30 Verified Questions

30 Flashcards

Source URL: https://quizplus.com/quiz/10779

Sample Questions

Q1) The demand for Quarter 1,2,3,and 4 is the following:

Q1:20,000\(\quad\) Q2:100,000\(\quad\) Q3:60,000\(\quad\) Q4:153,000

Currently the firm has 80 workers who produce 800 units per quarter each.The cost per unit is $35.00.The cost of holding 1 unit per quarter is $1.50.The cost of hiring a worker is $100.When using the pure level strategy, what is the total cost for the year?

Answer: $11,889,375.00

Q2) Mom &Pop Inc.has a demand forecast for the next 6 month.It can currently produce 2000 units per month and each worker can produce 250 units per month each.If company is using a pure level strategy, how many units in total needs to be back ordered for a period?

\[\begin{array} { l | l l l l l l }

\text { Month } & 1 & 2 & 3 & 4 & 5 & 6 \\

\hline \text { Demand } & 1,000 & 500 & 3,000 & 4,000 & 3,000 & 500

\end{array}\]

Answer: 2000

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Chapter 4: Master production schedule

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30 Flashcards

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Sample Questions

Q1) Which of the following activity times are considered in the MPS' planning horizon?

1)Procurement time

2)Engineering time

3)Promotion time

4)Production time

A) (1)

B) (2), (3)

C) (1), (3), and (4)

D) (1), (2), and (4)

Q2) The initial factors for generating a MPS Record include ____________ and ______________.Fill in the blanks.

A) Forecast Demand / On hand Inventory

B) MPS Quantity / Forecast Demand

C) Safety Stock (SS) / On hand Inventory

D) Bill of materials (BOM) / MPS Quantity

Q3) Name the manufacturing environment emphasizes the immediate delivery of reasonably priced off-the-shelf standard items.

Q4) Describe what maintaining the integrity of the MPS is in your own words

Q5) Describe the tasks of a Master Scheduler.

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Chapter 5: Supply chain focused inventory management

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27 Flashcards

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Sample Questions

Q1) Choose the following assumptions that cannot be considered a classic EOQ assumption.

1)Constant lead time

2)Instantaneous replenishment

3)No quantity discounts available

4)Fixed holding cost per unit

A) (1)

B) (2) and (3)

C) (2) and (4)

D) None of the above

Q2) Select, among the following statements regarding Decoupling stocks, the correct statements.

1)inventories at major stocking points throughout the system

2)allows for each work center to begin at the same starting time

3)Used to absorb random demand uncertainties

A) (1)

B) (3)

C) (1) and (2)

D) None of the above

Q3) In one sentence, define what demand is during lead time.

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Chapter 6: MRP production system

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Sample Questions

Q1) Fill out the following MRP record.The lot size is 150 units and the units on hand are 10 units.Multiple lots per order are possible

\[\begin{array} { | c | c | c | c | c | c | c | c | c | }

\hline { \begin{array} { c }

\text { Lot } \\

\text { size: } \\

150 \mathrm { x }

\end{array} } & { \text { Period } } \\

\hline & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 \\

\hline \text { GR } & 60 & 90 & 125 & 180 & 150 & 50 & 450 & 60 \\

\hline \text { SR } & & 150 & & 60 & & & & \\

\hline \text { PA } & & & & & & & & \\

\hline \text { POR } & & & & & & & & \\

\hline

\end{array}\]

Q2) What is the difference between using average inventory values and end inventory values when it comes to calculating inventory costs?

Q3) In the context of a MRP record, describe what a scheduled receipt is.

Q4) Explain what differentiates MRP from a reorder point system.

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Chapter 7: JIT/Lean production

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30 Flashcards

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Sample Questions

Q1) Provide a reason for why a JIT organization would end up with a smaller supplier base than other non-JIT ones.

Q2) According to the conceptual framework of JIT, there are 8 practices considered essential for a comprehensive JIT implementation.List at least 4 of them.

Q3) Which of the following Japanese terms are not associated with JIT?

A) Muda

B) Kanban

C) Heijunka

D) Kenji

Q4) Evidence has shown that the implementation of Just in time (JIT)philosophy is most successful in a ________________ environment.Fill in the blanks with the correct answers.

A) Repetitive manufacturing

B) Project

C) Custom product

D) Software development

Q5) In your own words, explain why lean performs better than traditional remanufacturing in a paragraph.

Q6) Explain the reasons for JIT originating from Japan in a paragraph.

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Chapter 8: Push and pull production systems

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Sample Questions

Q1) Which of the following dual-card Kanban rules are not correct?

1)One Kanban per container

2)The more Kanban cards are in the system, the more smoothly manufacturing operates

3)Standardized Containers and loads

4)In some cases, parts can be made without a production Kanban

A) (4)

B) (2) and (4)

C) (1), (3) and (4)

D) None of the above

Q2) Which of the following statements are the disadvantages of the push system?

1)Increases the work load at the management level

2)Performance is dependent of forecasting ability

3)Increases work-in-process inventory

4)Require less managerial resources at a shop floor level

A) (1)

B) (2) and (4)

C) (1), (2), and (3)

D) (3) and (4)

Q3) How is the Kanban system similar to fixed-order inventory systems?

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Chapter 9: Capacity management

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30 Flashcards

Source URL: https://quizplus.com/quiz/10785

Sample Questions

Q1) Capacity planning is the creation of a series of interrelated hierarchical plans.The levels of these plans correlate with the levels of the manufacturing framework.Which of the following capacity plan and manufacturing process matches are at the same level?

1)Sales and Operations Planning <-->Rough-Cut Capacity Planning

2)Shop-Floor Control (SFC)<-->Rough-Cut Capacity Planning

3)Material Requirements Planning (MRP)<-->Capacity Requirements Planning

4)Master Production Scheduling (MPS)<-->Input/Output Analysis

A) (1)

B) (2) and (4)

C) (3)

D) (1), (2), and (4)

Q2) Capacity is the measure of productive capability of a facility for a unit of time.Name the capacity measure that divides effective capacity with design capacity.

A) Effective Capacity Utilization

B) Capacity efficiency

C) Design Capacity Normalization

D) Rated capacity Utilization

Q3) What is the planning horizon of the Capacity requirements planning (CRP)?

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11

Chapter 10: Production planning and control for remanufacturing

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30 Flashcards

Source URL: https://quizplus.com/quiz/10786

Sample Questions

Q1) According to the Core Acquisition Study of Automobile Parts Industry, what is the common maximum salvage value of cores?

A) 30%

B) 15%

C) 5%

D) $1

Q2) In your own words, what does differentiate remanufacturing from recondition or recycled products?

Q3) Provide a brief description of the remanufacturing process called Shop-floor systems

Q4) Which of the following is not a typical remanufacturing process?

A) Core Inspection

B) Core recycling

C) Core Disassembly

D) Core Cleaning & Disassembly

Q5) What is the main source of core for remanufacturing companies?

A) Core brokers

B) Salvage auctioneers

C) Product returns

D) Salvage operators

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Chapter 11: Supply chain focused outsourcing

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30 Flashcards

Source URL: https://quizplus.com/quiz/10787

Sample Questions

Q1) Supply Chain Risk Management involves several activities to reduce supply chain risk including _________ and _____________.Fill in the blanks correctly.

A) Risk assessment/Disruption planning

B) Contingency planning/Disruption planning

C) Risk planning/Risk mitigation

D) Risk mitigation/Contingency planning

Q2) Provide a brief description of what implementing of external sourcing model entails in the context of outsourcing.

Q3) US electronics is purchasing of goods to facilitate a business process owned by itself.What term should be used to describe this situation?

A) Off-shoring

B) Contract manufacturing

C) Outsourcing

D) Joint venturing

Q4) What quality cost category is associated with scrap, rework, and internal downtime when discussing outsourcing?

Q5) List at least two possible opportunistic behaviors on the part of the outsource service provider.

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Chapter 12: Manufacturing focused supply chain integration

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30 Verified Questions

30 Flashcards

Source URL: https://quizplus.com/quiz/10788

Sample Questions

Q1) Which of the following is not a Information content classification category?

A) Distribution information

B) Manufacturer information

C) Supply chain risk information

D) Retailer information

Q2) Supply chain integration requires supply chain Practices/Processes to be implemented.Which of the following choices are not processes associated with delivery performance?

1)TQM

2)Delivery Practices

3)JIT Production

4)Supply Chain Planning

A) (1)

B) (2) and (4)

C) (2) and (3)

D) None of the above

Q3) How many levels are in the SCOR model?

Q4) Define the construct termed Supply Chain Dynamism.

Q6) Explain the requirements of supply chain integration. Page 14

Q5) List the 3 aspects of information associated with information sharing.

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