The lot sizing rule which orders a quantity equal to the gross requirement quantity in one or more predetermined time periods (such as weeks, months, etc.) minus the projected on-hand quantity of the previous time period, is called ______________

Select one:

a.

The lot-for-lot rule

b.

The gross requirements rule

c.

The periodic requirements rule

d.

The periodic-order quantity rule

e.

The fixed-order period rule

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The Earliest Due date (EDD) rule for sequencing a given set of jobs usually ____________

Select one:

a.

maximizes the minimum lateness and tardiness.

b.

minimizes average flow time and work in process inventory.

c.

minimizes the maximum lateness and tardiness.

d.

minimizes the average lateness and tardiness.

e.

maximizes the average lateness and tardiness.

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In the context of data patterns and variations in a time series, __________ are characterized by repeatable periods of ups and downs over short periods of time.

Select one:

a.

explicable variations

b.

regular variations

c.

random variations

d.

cyclical patterns

e.

seasonal patterns

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Which of the following is a limitation of a process layout?

Select one:

a.

It requires major changes in the layout when changes in the product design are needed.

b.

It has higher worker skill requirements.

c.

It has highly specialized equipment requirements.

d.

It affects the entire system if any equipment in the layout fails.

e.

It offers little or no job satisfaction to the workers.