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- 1. Which of the following statements is incorrect? Facility planning has a short-range component that determines whether more capacity is needed or less. At the aggregate planning level, expected workforce levels and corresponding production output levels are determined based on existing capacity. Scheduling consists of short-term decisions that allocates available capacity by assigning it to specific activities. Scheduling decisions often indicate a need for revised aggregate planning, and aggregate planning may uncover facility needs. Two types of common capacity measures are number of units produced and tons produced. 2. Which of the following statements is incorrect? Two types of common capacity measures are number of customers served over a specified period and physical asset availability. Utilization is the relationship between actual output and input. Utilization = (actual output/capacity) x 100% Utilization is a useful measure for estimating how busy a…11 A ______ is a customer order that a company accepts in one period but promises to deliver at a later point in time. a delivery order b return order c backorder d buyback order 12 Companies that use ______ strategy employ the options of hiring and laying-off workers, overtime work, subcontracting, and so on to meet demand. a dual strategy b product strategy c chase strategy d mixed strategy 13 The output of the master schedule is a(n) ______. a materials requirement plan b operations plan c master production schedule d production plan39) Why is cost information stored in several relational tables? 40) Identify the business activity below that cannot be modeled using an REA diagram. A) purchase requisitions B) rental transactions C) intangible assets D) All of the above can be modeled by an REA diagram. 41) In which entity would an item's standard cost information most likely be maintained? A) Inventory entity B) Order_Inventory entity C) Inventory-Order_Inventory entity D) none of the above 42) In which entity would an item's actual cost information most likely be maintained? A) Inventory entity B) Order_Inventory entity C) Inventory-Order_Inventory entity D) none of the above 43) Identify the inventory valuation method below that cannot be calculated in a database created using an REA modeling approach. A) LIFO B) FIFO C) Weighted Average D) none of the above 44) If the actual cost of an inventory item is maintained as an attribute in the Inventory table,…
- 14.This overtime-related Pay Rule takes into account both worked hours and eligible benefit time, such as vacation or personal days. Weekly Straight Overtime Rule Weekly Premium For Worked Hours Rule Weekly Overtime Evaluated at Week End Rule Weekly Guarantee Rule 15.Which functionalities allow a user to create schedules quickly and easily? Select all that apply. Schedule Copying TAFW Reports Post Schedule Shift Rotations All of the Above 16.What is the purpose of the Schedule Rule Policy? Notifies the employee a schedule is available or has changed. Rules that the employee must adhere to when making schedule change requests. Validates the employee’s scheduled shifts against configured rules. Validates that each employee has a schedule.43) Which of the following is not an inventory of a manufacturing organizations? a. Machinery b. Work in progress c. None of these d. Finished goods. Briefly define or explain each of these terms:a. Master scheduleb. Bill of materialsc. Inventory recordsd. Gross requirementse. Net requirementsf. Time-phased plan
- Item4 Time Remaining 2 hours 53 minutes 2 seconds 02:53:02 eBookReferences Item 4 Time Remaining 2 hours 53 minutes 2 seconds 02:53:02 The production planner for a private label soft drink maker is planning the production of two soft drinks: root beer (R) and sassafras soda (S). There are at most 12 hours per day of production time and 1,500 gallons per day of carbonated water available. A case of root beer requires 2 minutes of time and 5 gallons of water to produce, while a case of sassafras soda requires 3 minutes of time and 5 gallons of water. Profits for the root beer are $6.00 per case, and profits for the sassafras soda are $4.00 per case. The firm’s goal is to maximize profits. What is the time constraint? rev: 09_21_2020_QC_CS-229783 Multiple Choice 5R + 5S ≤ 720. 3R + 5S ≤ 720. 2R + 5S ≤ 720. 3R + 2S ≤ 720. 2R + 3S ≤ 720.Explain what happens when you use different lot size rulesin MRPComprehensive Problem 1Part 7: The following is a comprehensive problem which encompasses all of the elements learned in previous chapters. You can refer to the objectives for each chapter covered as a review of the concepts. Note: You must complete parts 1, 2, 3, 4, and 6 before completing part 7. Part 5 is optional. Prepare an adjusted trial balance. If an amount box does not require an entry, leave it blank.
- Mr. Munir is writing how much sales he is expecting in the next three months. What function does Mr. Munir is performing? a. Planning b. Directing C.Organizing D.ControllingThe difference between a gross material requirementsplan (gross MRP) and a net material requirements plan(net MRP) is:a) the gross MRP may not be computerized, but the netMRP must be computerized.b) the gross MRP includes consideration of the inventoryon hand, whereas the net MRP doesn’t include theinventory consideration.c) the net MRP includes consideration of the inventoryon hand, whereas the gross MRP doesn’t include theinventory consideration.d) the gross MRP doesn’t take taxes into account, whereasthe net MRP includes the tax considerations.e) the net MRP is only an estimate, whereas the gross MRPis used for actual production scheduling.5. Define ERP a. Enterprise resource planning (ERP) is a process used by agents to managed and integrate the important parts of their businesses. b. Enterprise resource planning is a process used to by customer to manage and integrate the important parts of their business c. Enterprise resource planning is a software to mange and integrate the important parts of their businesses. d. None of the above