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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Continuous Improvement and Technology | 6% | - Lean, Six Sigma, and TOC principles - ERP and supply chain technology |
| Topic 2: Sales and Operations Planning (S&OP) | 18% | - Reconcile financial and operational plans - S&OP process governance - Aggregate demand and supply review |
| Topic 3: Inventory Management | 15% | - Inventory classification and optimization - Cycle counting and accuracy control - Order quantity and safety stock policies |
| Topic 4: Demand Management | 12% | - Customer requirements and order management - Forecasting techniques and accuracy - Demand shaping and collaboration |
| Topic 5: Strategic Management of Resources | 22% | - Align operations with organizational strategy - Risk management and sustainability - Performance measurement and KPIs |
| Topic 6: Supply Management | 15% | - Material requirements planning - Procurement and contract management - Supplier selection and relationship management |
| Topic 7: Detailed Scheduling and Execution | 12% | - Capacity planning and management - Scheduling techniques and shop floor control - Distribution and logistics planning |
1. Collaborative planning, forecasting, and replenishment (CPFR) typically would be most effective for a:
A) manufacturer that sells directly to a large number of firms.
B) company that has a large number of geographically dispersed suppliers.
C) distributor with a few major customers and many smaller customers.
D) regional headquarters for a large home improvement retailer.
2. A company's competitive business strategy is based on offering customized products or features and a rapid response tomarket shifts. The company's process technology and equipment should be characterized by which of the followingcombinations?
A) Product-dependent processes and automation based on product volume
B) Product-independent processes with parallel production lines
C) Continuous flow processes and a high degree of fixed automation
D) Product-independent processes and flexible automation
3. When deciding what to report externally regarding sustainability performance, a company should disclose:
A) why current regulations are too costly.
B) past results and future strategies.
C) results of poor performance.
D) results of acceptable performance.
4. Which of the following statements is true about the mean time between failures (MTBF) measure?
A) An increase in MTBF is proportional to an increase in quality.
B) Itis used for non-repairable products.
C) Itis a useful measure of reliability.
D) Itis the same as operating life or service life.
5. Components of an organization's immediate industry and competitive environment include:
A) sociocultural forces,
B) political factors.
C) substitute products.
D) interest rates.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: C |
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