5. Term used for a computer system that integrates application programs for the different functions in a firm Select one: a. Material Resource Planning b. Material Requirement Planning c Master Production Schedule d. Enterprise Resource Planning 6. The demands unrelated to each other is a. Dependent Demand b. Fixed Demand c Independent Demand d. Variable Demand 7. An order is placed when the inventory drops to this level. Select one a. Ordering Cost b. Annual Demand c Reorder Point d. Setup Cost 8. When a fixed amount must be purchased each time an order is placed, the model most appropriate is called Select one: a. Single Period Model b. Fixed Time Period Model c. Dependent Demand Model d. Fixed Order Quantity Model 9. Inventory carried from the previous period is Select one: a. Reorder Point b. Order Placed c. Backorder quantities d. Inventory on hand 10. The work to be done by outside vendor is called Select one a. Overtime b. Straight time cost c. Subcontracting d. Layoff 11. It takes 5 labor hours to manufacture one unit. Twenty workers are working in eight hours per day. How many units it manufactures in a day? Select one: a. 32 b. 34 c. 28 d.27 12. If expected demand during the next three months is 115, 160,140 units & each worker can produce 60 units per annum, how many workers would be needed for a chase strategy? Select one: a. 28, 32, 23 b. 23, 32,28 c. 28.23.32 d. 32,23,28 13. A process of taking a larger operation and breaking it into smaller plans and shoter time periods Select one: a. Aggregate Plan b. Master Production Schedule c. Fixed time period model d. Production Rate 14. Which of the following is Production Planning Strategy that match the production rate to the order rate by hiring & laying of employees? a. Level b.Stable workforce-constant work hours c. Chase d Stable workforce - variable work hours 15. When inventory is replenished only in fixed intervals of time for example on the first Sunday of the month is called Select one a. Single Period Model b. Fixed Time Period Model c. Fixed Order Quantity Model d. Econimic Order Quantity Model 16. Inventory Position is Select one: a.On hand +On order- Backorder b.On order Backorder-On hand c. On hand On order + Backorder d. On order On hand + Backorder 17. Product/Services are made to customer specifications, starts only when the order is received example Birthday Cake. This type of Operating System is called A.Assemble to Stock (ATS) B. Assemble type order(ATO) C.Make to Order (MTO) D.Make to stock (MTS) 18. A strategy where production rate is set to meet expected demand Select one: a. Inventory on hand b. Level Strategy c. Stable work force variable work hours d. Chase 19. Little Grains has an item that it stock in store has fairly steady demand. One of the supplier insists that Little Grains has to buy 20 units at a time. The lead time is very short on the item because the supplier is only few blocks away & Little grains can pick up another 20 untis when it run out. If Little Grains expect to sell 220 units next year how many trips will Little Grains need to make to the supplier over the year? Select one a. 11 b. 21 c. 12 d.10 20. feature of MAP systems that identifies the difference between the number of units currently included in the master schedule and the actual(firm) customer orders a. Available to promise b. Slushy C. Liquid D. Frozen