Implementing material requirements planning primarily helps a company attains which of the following
strategic objectives ?
A. Product price. B. Product quality.
C. Delivery speed. D. Delivery reliability.
Which of the following has contributed MOST towards making global sourcing and marketing practical
for most industry segments ?
A. Advances in transportation and communications. B. Rapid adoption of global standards.
C. Consistent legal treatment of business. D. Elimination of non-tariff barriers.
C chart is an SPC chart for measuring :
A. The number of non-conformities per unit. B. The number of non-conformities.
C. The non-conformity percentage. D. The average of data.
Which of the following is typically characterized as an element of prevention cost ?
A. A/S cost. B. Subcontract certification cost.
C. Scrap dealing cost. D. Changeover cost.
Which of the following is MOST effective in unit cost reduction by set up time reduction ?
Volume Variety Production item Product resource
A. High High Many Many
B. High Low Low Many
C. Low High Many Low
D. Low Low Low Low
If more man power than usual input to free slack activities of the project, which of following is MOST
likely impact to schedule ?
A. Complete earlier than scheduled. B. No changes in schedule.
C. Complete later than scheduled. D. Increase cost.
The MOST significant impact of electronic business on supply chain management is
A. Reduction of paper-based communications. B. Reduction of data capture costs.
C. Coordination of information. D. Ease of global sourcing.
Which of the following is cost accounting system in which the costs are collected by time period and
averaged over all the units produced during the period ?
A. Project costing. B. Activity based costing.
C. Job costing. D. Process costing.
All of the following are considerations in the adoption of a process focus EXCEPT the
(A) complexity of the manufacturing process
(B) capital intensity of the manufacturing process
(C) book value of current production assets
(D) type of technology used in the manufacturing process