Exam 1: Introduction to Materials Management

Which of the following is/are primary activities of manufacturing planning and control? I. Production planning. II. Implementation and control. III. Inventory management.

A channel master in a supply chain

Metrics in a supply chain are:

Which of the following is normally a major activity of materials management? I. Manufacturing planning and control. II. Physical supply/distribution.

Materials management can be considered a balancing act because: I. There are trade-offs between customer service and the cost of providing the service. II. Priority and capacity must be balanced.

The process of managing the recovery, recycling and reuse of material is called

The objective of materials management is to: I. Provide the required level of customer service. II. Maximize the use of the firm's resources.

Performance measures in a supply chain:

Which of the following statements is best regarding order winners?

Select the best answer to the following:

Which of the following is NOT an activity of physical supply/distribution?

If a firm wishes to maximize profit, which of the following objectives are in conflict? I. Maximize customer service. II. Minimize production costs. III. Minimize inventory costs. IV. Minimize distribution costs.

Which of the following statements is best?

Companies A and B supply company C, which supplies customers D and E. Which of the following statements is best?

Which of the following is the best statement about the operating environment in which operations management functions?

Postponement is best described as:

Which statement is best?

Which of the following is (are) input(s) to manufacturing planning and control?

Manufacturing is important to the economy because:

Delivery lead time for an engineer-to-order product includes which of the following?