EXAM 2

Question 1

Solutions from mathematical models of SOP problems should be executed without further discussion. T/F

Answer 1

F

Question 2

A linear programming (LP) problem is one in which the objective function and all of the constraints are linear functions of the decision variables. T/F

Answer 2

T

Question 3

The objective function and constraints in Mixed Integer Programming are significantly different than those in the LP model. T/F

Answer 3

F

Question 4

In Linear Programming, it is possible to limit decision variables to have only integer values. T/F

Answer 4

F

Question 5

SOP problems may be expressed as mathematical models where a set of decision variables are included with their associated costs. A decision variable may be

Answer 5

production output rate each period

Question 6

SOP problems may be expressed as mathematical models where a set of decision variables are included with their associated costs. A decision variable may be

Answer 6

the number of workers to be employed each period

Question 7

MPS supports the Resource Planning activity in the front-end of the. MPC framework. T/F

Answer 7

F

Question 8

On a day-to-day basis, the MPS provides the information by which sales and manufacturing are coordinated. T/F

Answer 8

T

Question 9

A listing of all the subassemblies, intermediates, parts, and raw materials that go into a parent assembly is referred to as the Bill of Materials (BOM). T/F

Answer 9

T

Question 10

MPS specifies the products (or product options) that will be completed, the time of completion, and the quantities to be completed. T/F

Answer 10

T

Question 11

SOP provides a direct input to MPS. T/F

Answer 11

T

Question 12

Manufacturing uses a lot size procedure producing inventories that last between production runs. This inventory is referred to as

Answer 12

cycle stock

Question 13

A planning bill of materials is most likely used in which MPC environment?

Answer 13

Assemble-to-Order

Question 14

When the delivery date (promise date) is negotiated with customers, the coordination with MPS is made by using the following concept

Answer 14

Available-to-Promise (ATP)

Question 15

Chase Strategy will always be inferior to Mixed Strategy T/F

Answer 15

F

Question 16

If inventory holding costs are high, it is more likely that a level strategy will be used. T/F

Answer 16

F

Question 17

SOP meeting is held once a year. T/F

Answer 17

F

Question 18

Many key sales and operations planning linkages are outside the MPC system. T/F

Answer 18

T

Question 19

The operations plan is a form of demand forecast. T/F

Answer 19

F

Question 20

The most obvious need for integrated planning and control is between

Answer 20

sales, marketing, and production

Question 21

The operations plans is

Answer 21

a managerial statement of desired production output

Question 22

SOP provides which of the following benefits?

Answer 22

A basis to focus production resources

Key communications links for top management

Question 23

___ describes the related options or modules that make up the average end item?

Answer 23

super bill of materials

Question 24

___ is a statement of the specific products that make up that output

Answer 24

MPS

Question 25

___ is an aggregate statement of the manufacturing output required to reach company objectives

Answer 25

SOP PLAN

Question 26

The make-to-order (or engineer-to-order) company, in general, carries no finished-goods inventory and builds each customer order as needed. T/F

Answer 26

T

Question 27

A planning bill of materials describes the related options or modules that make up the average end item. T/F

Answer 27

T

Question 28

SOP problems may be expressed as mathematical models with a set of constraints. A typical constraint may be

Answer 28

resource capacities per period

Question 29

SOP problems may be expressed as mathematical models with a clearly defined objective function which may be

Answer 29

Cost Minimization or Revenue Maximization

Question 30

Mathematical programming of SOP problems yields heuristic solutions. T/F

Answer 30

F

Question 31

When an SOP problem is formulated as a mathematical model, it provides the significant benefit of performing sensitivity analysis. T/F

Answer 31

T

Question 32

Which of the following statements is true?

Answer 32

The SOP is usually stated in aggregate units

The MPS is usually stated in end product units

Question 33

The demand management function’s contribution to SOP is

Answer 33

monitoring the match between actual and forecast demand

Question 34

The intention of the SOP process is to produce complete and integrated plans, budgets, objectives, and goals that are used by managers to make decisions and provide the basis for evaluating performance. T/F

Answer 34

T

Question 35

A stable operations plan results in far fewer execution problems. T/F

Answer 35

T

Question 36

The value of the SOP is questionable if there is no monitoring of performance. T/F

Answer 36

T

Question 37

The cushion to protect the master production schedule against uncertainty in demand is referred to as

Answer 37

Safety Stock

Question 38

4 Problem Solving STEPS

Answer 38

PLAN
DO
CHECK
ACT

Question 39

4 TYPES OF PROBLEM SOLVING

Answer 39

Troubleshooting
Gap from standard
Target condition
Open-ended

Question 40

General Format of an A3

Answer 40

Question 41

5 TOYOTA STARTER KATA QUESTIONS

Answer 41

1. TARGET CONDITION?
2. CURRENT ACTUAL CONDITION?
3. OBSTACLES?
4. NEXT STEP?
5. HOW QUICKLY CAN WE GO AND SEE WHAT WE HAVE LEARNED FROM TAKING THE STEP?