NEW QUESTION 131
The process of monitoring production output, comparing it with capacity plans and taking corrective action when needed is known as:

NEW QUESTION 132
Total customer satisfaction based on the complete experience with an organization, not just the product is known as:

NEW QUESTION 133
To satisfy the financial auditors that the inventory records represent the value of the inventory, this is the purpose of:

NEW QUESTION 134
There are two ways to determining the capacity available; out of which is figured from historical data and is based on available time, utilization and efficiency.

NEW QUESTION 135
In some industries, is the only strategy that can be followed. Farmers, for instance, must produce in the growing season. The post office must process mail over the Christmas rush and in slack seasons. Restaurants have to serve meals when the customers want them. These industries cannot stockpile or inventory their products or services and must be capable of meeting demands as it occurs.

NEW QUESTION 136
Stock, from which withdrawals are made, can be located close to the marshalling and shipping area is referred to as:

NEW QUESTION 137
A methodology designed to ensure that all the major requirements of the customer are identified and subsequently met or exceed through the resulting product design process is known as:

NEW QUESTION 138
What must decide the market segment to be served, the product features and quality level expected by that market, the price, and the expected sales volume?

NEW QUESTION 139
Which function is to determine the need for labor, equipment, and material to meet the priority plans?

NEW QUESTION 140
Production activity control is responsible for executing the:

NEW QUESTION 141
The formula to calculate the rated capacity is:

NEW QUESTION 142
Which of the following help to achieve marketing objectives?

NEW QUESTION 143
What can affect the trend, seasonality, or randomness of the actual demand?

NEW QUESTION 144
Utilization can be determined from:

NEW QUESTION 145
A work center consists of 4 machines each working a 16-hour day for 5 days a week. What is the weekly available time?

NEW QUESTION 146
Production planning includes;

NEW QUESTION 147
A company ships barbecues fully assembled. The average line-haul cost per shipment is $12.50 per mile, and the truck carries 100 assembled barbecues. The company decides to ship the barbecues unassembled and figures it can ship barbecues in a truck. Calculate the line-haul cost per barbecue assembled and unassembled. If the average trip is 300 miles, calculate the saving per barbecue?

NEW QUESTION 148
Raw materials that have entered the manufacturing process and are being worked on or waiting to be worked on, are:

NEW QUESTION 149
Order winning characteristics are defined primarily from:

NEW QUESTION 150
is the number of periods 1, in which changes are not expected due to excessive cost caused by schedule disruption.