Question: Question 26 (4 points) Apply the Seasonal Forecast Using Simple Proportion method to calculate a forecast for product X for the second quarter of the

Question 26 (4 points)

Apply the Seasonal Forecast Using Simple Proportion method to calculate a forecast for product X for the second quarter of the next year. The expected total sales for product X is 14800 for the next year. [Select the appropriate range in which your answer falls.]

Quarter Average seasonal factor
1 0.70
2 0.46
3 1.73
4 1.11

Question 26 options:

More than 0 but less than or equal to 1500

More than 1500 but less than or equal to 2000

More than 2000 but less than or equal to 2500

More than 2500 but less than or equal to 3000

More than 3000

Question 27 (4 points)

The bill of materials of product A and relevant lead times (LT) in days are given below. Twenty units of product A are needed on day 8. According to Material Requirements Planning (MRP) program/schedule, when do you need to place an order for part C?

Question 27 options:

none of the choices are correct

day 2

day 4

day 1

day 3

Question 28 (4 points)

A plant operates on Just-in-Time/lean principles. The total production requirements for next three days are 3000 units of X, 300 units of Y, and 1200 units of Z. Assume that the plant has enough capacity to produce all of the units within the three-day period. Which one of the following plans best represents uniform plant loading for this plant?

Question 28 options:

Produce 3000 units of X on day 1, 300 units of Y on day 2, and then 1200 units of Z on day 3.

none of the choices are correct

Produce 3000 units of X first, then 300 units of Y, and then 1200 units of Z during the three-day period.

Produce 1000 units of X, 100 units of Y, and 400 units of Z each day for the three days.

Produce 1500 units of X on day 1, 1500 units of X on day 2, and then 300 units of Y and 1200 units of Z on day 3.

Question 29 (4 points)

In a lean/JIT production system, when a supplier makes delivery of products to a company XYZ in the supply chain, the company XYZ often does not need to perform quality inspection of those incoming products.

Question 29 options:

True
False

Question 30 (4 points)

In a lean/JIT production environment, a large vertically integrated plant is better suited than a small plant build for one purpose.

Question 30 options:

True
False

Previous PageNext Page

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!