Exam 10: Sales and Operations Planning and Enterprise Resource Planning

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The productive capability of a firm is known as ________.

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The capacity for a machine or system that is available after accounting only for scrap and rework is known as actual capacity.

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A planning strategy that produces products in the exact amount demanded in each period is known as ________.

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The capacity strategy where capacity is only increased when increasing demand justifies the increase in capacity is called ________.

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Which of these factors need to be considered when computing the actual capacity of a machine or system?

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Capacity utilization is defined as the ratio of

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A printer has been rated by the manufacturer to print 40 pages per minute (ppm).This is the ________ capacity of the printer.

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The rate of capacity utilization that minimizes average product cost is known as ________.

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The ratio of actual output to actual capacity is called ________.

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A planning system that focuses on bottlenecks to ensure that the MPS does not overload production processes or facilities is known as ________.

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The typical time horizon for developing a Sales and Operations Plan (SOP)is

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Creating a high-level overview of planning,which involves groups or families of products,is called ________.

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The capacity for a machine or system that is available after accounting for scrap and rework and also factors in inefficiencies inherent in the system is known as ________.

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The phenomenon where producing more such that the average cost of production for the item decreases is known as ________.

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The MRP input that states which end items are to be produced,when they are needed,and what quantities are needed,is the

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A visual depiction of the subassemblies and components that are needed to produce and/or assemble a product is called a(n):

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In the level SOP strategy,variations in demand from period to period are met by

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The element of the MRP record which is the quantity required for an item at the end of each period to meet customer requirements is called

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The element of the MRP record which is the quantity required for an item at the end of each period to meet customer requirements is called ________.

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Demand that is calculated from the requirements for some parent item is called ________.

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