Question 11
Which of the following statements correctly describes the relationship between the strategic plan and the business plan?
- These are two names for the same plan.
- The strategic plan constrains the business plan.
- The two plans are developed independently.
- The two plans are the output of a single process.
Question 12
Long lead-time items with stable demand would best be supported by a supply chain:
- using a pull system.
- linked through an enterprise resources planning (ERP) system.
- designed to be responsive.
- positioning inventory close to the consumer.
Question 13
The cost accountant has discovered a consistent overage in actual run time for one operation. This information should be sent first to the:
- product manager to increase the selling price of the product.
- quality manager to add a new quality measurement to the operation.
- production supervisor to review and explain the overage.
- the engineering manager to evaluate the run time for the routing.
Question 14
What is the total load requirement for this work center based on the following data?
- 1,326
- 1,525
- 1,533
- 2,880
Question 15
Which of the following statements is true about the mean time between failures (MTBF) measure?
- It is used for non-repairable products.
- An increase in MTBF is proportional to an increase in quality.
- It is a useful measure of reliability.
- It is the same as operating life or service life.