Question: #1: Below is the lead time information for the items that are associated with the bill of materials presented in the previous two questions. A
#1: Below is the lead time information for the items that are associated with the bill of materials presented in the previous two questions.
| A (manufactured item) | C (manufactured item) | D (purchased item) | |
| Lead time (weeks) | 2 | 1 | 1 |
According to our conventional method, how long are the cumulative lead time and the cumulative manufacturing lead time, respectively?
- Cumulative lead time = cumulative manufacturing lead time = 2 weeks
- Cumulative lead time = cumulative manufacturing lead time = 3 weeks
- Cumulative lead time = 3 weeks, cumulative manufacturing lead time = 1 week
- Cumulative lead time= 4 weeks, cumulative manufacturing lead time = 3 weeks
- Cumulative lead time= 5 weeks, cumulative manufacturing lead time = 3 weeks
#2: Which of the following statement is NOT true about the time fences?
- Compared to the planning time fence, the demand time fence is closer to the present time.
- Time fences set the guidelines with respect to the level of flexibility the MPS has over different periods.
- No changes to the production plan are allowed beyond the demand time fence.
- Time fences are implemented to prevent a chaotic production system with constant expediting.
- Neither of the above
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