Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
4 Cards in this Set
- Front
- Back
|
Which is NOT an industry objective from a supplier perspective? A. High levels of customer service. B. Reasonably priced goods C. Efficient use of resources D. Low inventory investment |
B. Reasonably priced goods are more likely a criteria of customer perspective. |
|
|
Which group most accurately describes the three conflicting business objectives? A. Customer service levels, inventory investment, and cost of production. B. Subcontracting, overtime, and expanding personnel. C. Centralized distribution centers, global market, and JIT scheduling D. High utilization, fewer standard hours of production, operating costs. |
A. Customer service levels, inventory investment, and cost of production. |
|
|
Demands forecasts, order management, and Customer Relationship Management are all elements of __________________. A. Voice of the Customer B. Master Scheduling C. Sales and Operations Planning D. Demand Management |
D. Demand management |
|
|
Demand management is a direct input to _________________. A. The Strategic Plan B. Manufacturing Environment C. Master Scheduling D. Resource Planning |
C. Master Scheduling. Demand management provides inputs on demand for goods at the product family level for S&OP, and at the end item level for Master Scheduling. |
