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The same process that is used for hotel overbooking decisions can be used for determining a) economic order quantities b) the number of premium seats to allocate at a theatre or sports venue c) f...


The same process that is used for hotel overbooking decisions can be used for determining a) economic order quantities b) the
The same process that is used for hotel overbooking decisions can be used for determining a) economic order quantities b) the number of premium seats to allocate at a theatre or sports venue c) fair or equal charges for common resources at airports or cruise ships d) all of the above Which of the following is an example of independent demand? a) A table leg b) A table . For a level 1 item, gross requirements come from the master production schedule b) a) netting out inventory c) exploding the planned order release of the parent item d) time phasing and lot sizing . The inputs to a CRP system include all of the following except a) MRP planned order releases b) A routing file c) An open orders file d) A load profile . ERP is the IT system that runs most businesses. What additional IT systems are common in businesses? Supply Chain Management (SCM) Customer Relationship Management (CRM) Product Lifecycle Management (PLM) All of the above. a) b) c) d) 9. What is the Japanese term for waste? a) Muda b) SMED c) Jidoka d) Kanban o. Which of the following are considered basic elements in lean production? a) Process layouts b) Push production system c) Large lot sizes d) Quick setups 1. The process of multiplying the number of end items times the quantity of each lower level item needed to produce a single end item is called a) explosiorn. b) netting c) offsetting d) pegging
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Solution:

7: Option c
The inputs to a CRP system are planned & released orders from MRP, Loading and routing information. The open orders file is not an input to the CRP system. Hence, Option C

8: Option D
All of the IT systems mentioned in the question are widely used in businesses. The SCM system is used to monitor the supply chain of the business. CRM system helps in managing the client relations and catering to them effectively. The PLM is a system widely used in manufacturing setups. Hence, Option D

8: Option A
The term which means waste in Japanese is called "Muda"

10: Option A
Process layouts are extremely important for lean production. The push production system is not a lean production system at all. Large lot sizes and quick setups are also not related to lean production at all. hence, Option A is correct.

**Can answer only 4 as per Chegg**

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