The exterior wrapping
The shipping container
A combination of goods and services
Goods in a manufacturing organization
Customer relations in a service organization
Question 2.2.(TCO 1) All of the following statements are not true about systems approach, except(Points : 5)
a systems viewpoint is almost always beneficial in decision making.
a systems approach emphasizes interrelationships among subsystems.
a systems approach concentrates on efficiency within subsystems.
a systems approach is essential whenever something is being redesigned or improved.
All of the above are true.
Question 3.3.(TCOs 3 & 6) The practice of cycle counting has as its main purpose(Points : 5)
to count all the items in inventory.
to count bicycles and motorcycles in inventory.
to reduce discrepancies between inventory records and actual inventory.
to reduce theft.
to count 10% of the items each month.
Question 4.4.(TCOs 3 & 6) Which one of the following is most relevant for the EOQ model?(Points : 5)
Ordering items with dependent demand
Determining safety stock
Ordering perishable items
Determining fixed interval order quantities
Determining fixed order quantities
Question 5.5.(TCO 2) The subassemblies and components that are needed to produce and/or assemble a product can be displayed as(Points : 5)
an assembly time chart.
a product structure tree.
MRP II.
pegging.
a Gantt chart.
Question 6.6.(TCO 2) The process of identifying parent items in MRP is called(Points : 5)
Question 7.7.(TCOs 4, 5, & 6) Which MRP input lists the assemblies, subassemblies, parts, and raw materials needed to produce one unit of finished product?(Points : 5)
Master production schedule
Bill of materials
Inventory records
Assembly-time chart
Net-requirements chart
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