Quiz 5

Question 1 2 / 2 points
Which inventory control method focuses on accounting for different elements of inventory at different times during the year?
Question options:

A)
ABC Method

B)
Two-bin System

C)
Just-in-time System

D)
Cycle Counting
Question 2 2 / 2 points
Which inventory control method is similar to the household tendency to store a second bag of staple items such as sugar or flour?
Question options:

A)
Cycle Counting

B)
Two-bin System

C)
Just-in-time system

D)
ABC Method
Question 3 2 / 2 points
Manufacturing operations designed to produce a variety of products in smaller quantities involving computer-controlled equipment are known by which of the following terms?
Question options:

A)
Demand management strategies

B)
Flexible manufacturing systems

C)
Continuous manufacturing systems

D)
Recursive management strategies
Question 4 2 / 2 points
A forecasting approach that considers several different variables to determine expected sales is known as which of the following?
Question options:

A)
Associative Forecasting

B)
Variable Forecasting

C)
Frontline Forecasting

D)
SCOR Forecasting
Question 5 2 / 2 points
Which of the following is a quality-focused management approach that is customer-driven and dedicated to continuous improvement?
Question options:

A)
Quality Systems Management (QSM)

B)
Customer Quality Initiative (CQI)

C)
Total Quality Management (TQM)

D)
American Society for Quality (ASQ)
Question 6 2 / 2 points
Which terms are used to refer to manufacturing operations used in the mass production of standardized products?
Question options:

A)
Job shops

B)
Project manufacturing

C)
Specialized labor systems

D)
Repetitive manufacturing
Question 7 2 / 2 points
A list of critical factors that provides guidance in assessing a supplier’s performance is known as which of the following?
Question options:

A)
ISO 9000

B)
Total Quality Management (TQM)

C)
ABC Method

D)
SCOR Model
Question 8 2 / 2 points
Which manufacturing operations are used in the production of unique but similar products?
Question options:

A)
Job shops

B)
Project manufacturing

C)
Specialized labor systems

D)
Repetitive manufacturing