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| Section | Weight | Objectives |
|---|---|---|
| Demand Management | 12% | - Customer requirements and order management - Forecasting techniques and accuracy - Demand shaping and collaboration |
| Supply Management | 15% | - Procurement and contract management - Supplier selection and relationship management - Material requirements planning |
| Sales and Operations Planning (S&OP) | 18% | - S&OP process governance - Reconcile financial and operational plans - Aggregate demand and supply review |
| Strategic Management of Resources | 22% | - Performance measurement and KPIs - Align operations with organizational strategy - Risk management and sustainability |
| Continuous Improvement and Technology | 6% | - ERP and supply chain technology - Lean, Six Sigma, and TOC principles |
| Inventory Management | 15% | - Cycle counting and accuracy control - Inventory classification and optimization - Order quantity and safety stock policies |
| Detailed Scheduling and Execution | 12% | - Scheduling techniques and shop floor control - Capacity planning and management - Distribution and logistics planning |
1. A company can easily change its workforce, but inventory carrying costs are high. Which of the followingstrategies would bemost appropriate during times of highly fluctuating demand?
A) Produce at a constant level
B) Produce to demand
C) Produce to backorders
D) Produce to the sales forecast
2. Manufacturing flexibility can be measured by using:
A) scrap level.
B) changeover time.
C) labor productivity.
D) cycle time,
3. The capacity requirements plan is used primarily to:
A) calculate the level of available capacity.
B) determine the overall product load profile.
C) balance capacity and load at work centers.
D) determine the priority of orders.
4. An online retailer moves from delivering hard copy books to offering digital downloads only. This action may result in an increased possibility of:
A) supply delays.
B) supply disruptions.
C) forecast inaccuracy.
D) loss of intellectual property.
5. In a lean environment, one uses material requirements planning (MRP) processing primarily to:
A) create plans to share with suppliers.
B) determine where to use supermarkets.
C) determine the kanban circuit locations.
D) calculate average daily demand.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: A |
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