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OPS 571 Week 3 Quiz Answers

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OPS 571 Week 3 Quiz Answers

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  1. OPS 571 WEEK 3 QUIZ By www.StudentWhiz.com Copyright. All Rights Reserved by www.StudentWhiz.com

  2. 1. When considering outsourcing, what should firms tend to avert? • Allowing outsourcing to develop into a substitute for innovation • Losing control of noncore activities • Giving the outsourcing partner opportunities to become a strong competitor • Allowing employees transferred to the outsourcing partner to rejoin the firm • Quiz Answers just a click away OPS 571 Week 3 Quiz • 2. What is the important starting point in developing a capacity plan? • Predicting the ability of suppliers to meet needs • Determining the effective capacity of a resource over some period of time. • Predicting the needs of customers • Understanding key components of the supply chain Copyright. All Rights Reserved by www.StudentWhiz.com

  3. 3. Which of the following is an input to the master production schedule (MPS)? • Bill of materials • The aggregate plan • Exception report • Inventory records file • Want help? Click to download OPS 571 Week 3 Quiz Answers • 4. Which of the following is an input file necessary to run an MRP program? • Planned order schedules • Bill of materials (BOM) file • Exception reports • Quality management report Copyright. All Rights Reserved by www.StudentWhiz.com

  4. 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? • Simple moving average • Time series analysis • Delphi method • Weighted moving average • Complete paper here OPS 571 Week 3 Knowledge Check • 6. The main purpose of aggregate operations planning is to specify the optimal combination of which of the following? • Inventory on hand and financing costs for that inventory • Workforce levels and inventory on hand • The workforce level and the degree of automation • The strategic plan and the products available for sale Copyright. All Rights Reserved by www.StudentWhiz.com

  5. 7. Which of the following is an essential resource that flows through a hospital supply chain? • Patients • Medicine • Doctors and Nurses • Information • 8. In business forecasting, what is usually considered a short term time period? • Four weeks or less • Six months or more • Less than three months • More than three months • Find the Quiz or Knowledge Check answers here OPS 571 Week 3 Quiz or Knowledge Check Copyright. All Rights Reserved by www.StudentWhiz.com

  6. 9. Which of the following is an input file necessary to run an MRP system? • Planned order schedule • Exception report • Inventory records file • Computer aided design files • 10. Which of the following is most closely related to the reason a firm might implement MRP? • So they can order the right parts • So they can order parts sufficient for immediate use • To assure appropriate quality levels • So they can insure that parts to arrive D. To assure appropriate quality levels • Find the final exam answers here OPS 571 Final Exam Copyright. All Rights Reserved by www.StudentWhiz.com

  7. 11. Which of the following is one of the main purposes of a MRP system? • Decrease labor requirements. • Educate personnel in basic work rules. • Determine the materials needed. • Stimulate the work force. • 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? • New construction • Hire more employees • Closing a related department • Transferring capacity from other units • Want more details? Download now OPS 571 All Quiz Answers Copyright. All Rights Reserved by www.StudentWhiz.com

  8. 13. Which of the following is a perpetual system for inventory management? • Fixed time period • P model • Fixed order quantity • First in first out • 14. Which of the following is considered a pure production planning strategy? • Stable workforce, variable work hours • Variable workforce, stable work hours • Lag demand • Level playing field • Complete Answers just a click away OPS 571 Week 3 Quiz Questions with Answers Copyright. All Rights Reserved by www.StudentWhiz.com

  9. 15. In conducting aggregate operations planning there are a number of required inputs. Which of the following are inputs considered most external to the firm? • Current physical capacity of the organization • Raw material availability and competitor's behavior • Internal inventory levels and market demand • Subcontractor capacity and inventory levels • 16. In most cases, demand for products or services can be broken into several components. Which of the following is considered a component of demand? • Future demand • Cyclical elements • Inconsistent demand • Past demand • Want help? Click to download OPS 571 Week 2 Quiz Copyright. All Rights Reserved by www.StudentWhiz.com

  10. 17. Which of the following is an input to the master production schedule? • Prototype products from product development • Aggregate component schedule • Peg reports from factory records • Forecasts of customer demand • 18. What is the effect of the lack of synchronization among supply chain members? • Bullwhip effect • Continuous replenishment • Metcalf's Law • Forward buying Copyright. All Rights Reserved by www.StudentWhiz.com

  11. 19. Which of the following is one of the categories of manufacturing inventory? • Work in process • Economic Order Inventory • JIT Inventory • Quality units • Click here and download OPS 571 Week 4 Quiz • 20. Which is the most challenging kind of supply chain to manage according to Hau Lee? • Risk hedging • Agile • Efficient • Erratic • 21. What is another name for the fixed order quantity inventory model? • Cycle counting model • The ABC model • Economic order quantity model • Periodic replenishment model Copyright. All Rights Reserved by www.StudentWhiz.com

  12. About Author This article covers the topic for the University Of Phoenix OPS 571 Week 3 Quiz. The author is working in the field of education from last 5 years. This article covers the basic of OPS 571 Week 3 Quiz Assignmentfrom UOP. OPS 571 Week 1 Quiz OPS 571 Week 2 Quiz OPS 571 Week 3 Quiz OPS 571 Week 4 Quiz OPS 571 Week 5 Quiz OPS 571 Week 6 Quiz OPS 571 Final Exam For further information on the above topics you can always visit the website www.StudentWhiz.com Copyright. All Rights Reserved by www.StudentWhiz.com

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