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QUESTION NO: 1
Which of the following variables best represents a strategic performance measure?
A. Revenue growth
B. Machine utilization
C. Work center capacity
D. Cycle time
Answer: A

QUESTION NO: 2
The question below is based on the following illustration of product parts:
Which of the following items are components?
A. Y and Z only
B. 1, 2, and 3 only
C. Y, Z, 1, 2, and 3 only
D. X, Y, Z, 1, 2, and 3
Answer: C

QUESTION NO: 3
Which of the following factors would reduce inventory carrying costs?
A. Ordering less inventory
B. Higher costs of working capital
C. Reducing ordering costs
D. Reducing transportation costs
Answer: A

QUESTION NO: 4
Which of the following systems typically involves design while manufacturing is occurring?
A. Flow
B. Intermittent
C. Project
D. Engineer
Answer: C

QUESTION NO: 5
Which of the following phrases best defines a production plan?
A. The plan for the production and purchase of the components used in making the items in the master
production schedule
B. The broad direction of the firm, the kind of business-product lines, and markets the firm wants in the
future
C. The quantities of each product group that must be produced in each period, desired inventory levels,
resources required in each period, and the availability of resources needed
D. The flow of work through the factory through input/output analysis
Answer: C

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Updated: May 28, 2022