When a company is pursuing a program to achieve manufacturing excellence, which of the following objectives should receive the highest priority?

• A.cost reduction
• B.quality improvement
• C.volume flexibility
• D.delivery reliability

Comment: *

Name: *

Email: *

Verification: *

What may vary depending upon the interest rates, the credit rating of the firm, and the opportunities the firm may have for investment?

• A.Normal cost
• B.Item cost
• C.Capital cost
• D.Inventory cost

Comment: *

Name: *

Email: *

Verification: *

and uncouples the sales forecast from manufacturing by establishing a manufacturing plan

• A.MRP and MRP II
• B.Production plan, MPS
• C.MPS and chase strategy
• D.MRP and production plan

Comment: *

Name: *

Email: *

Verification: *

Materials should be moved from point of manufacture to point of use when:

• A.production is completed at point of manufacture
• B.the materials are needed at point of use
• C.material at point of use is zero
• D.material handling equipment is available

Comment: *

Name: *

Email: *

Verification: *

Which factor influence effective use of warehouses?

• A.Packaging
• B.Cube utilization and accessibility
• C.All of the above
• D.Stock location

Comment: *

Name: *

Email: *

Verification: *