Questions
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Free download in PDF Material Management Short Questions and Answers for competitive exams. These short objective type questions with answers are very important for Board exams as well as competitive exams. These short solved questions or quizzes are provided by Gkseries.
41
The near future holds _____ uncertainty than (as) the far future.
A
more
B
the same
C
less
D
all of the above
View Answer
42
______________ is usually thought of as occurring on a yearly basis, but it can also occur on a weekly or even daily basis.
A
Random variation
B
A trend
C
A cycle
D
Seasonality
View Answer
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43
_______________ occurs when a customer's order is received.
A
Order processing
B
Demand management
C
Forecasting
D
Random variation
View Answer
44
Materials such as copper, coal, wheat, meat, and metals are:
A
Commodities
B
Standard products
C
Items of small value
D
Made-to-order items
View Answer
45
_______ is most often used in wholesale or retail businesses but is also used extensively in manufacturing.
A
Description by function
B
Description by specification
C
Description by buyer
D
Description by brand
View Answer
Answer: Description by brand
46
________ is the systematic use of techniques that identify a required function, establish a value for that function, and finally provide the function at the lowest overall cost.
A
Functional analysis
B
Value analysis
C
Functional specifications
D
None of the above
View Answer
47
Storing inventory requires ___________________ and as inventory increases, so do these costs.
A
space, workers, and equipment
B
space and workers
C
workers and equipment
D
space and equipment
View Answer
Answer: space, workers, and equipment
48
Liabilities are obligations or amounts owed by a company and include:
A
Long-term debt
B
Wages payable
C
Accounts payable
D
All of the above
View Answer
49
The risks in carrying inventory are:
A
Obsolescence, damage, pilferage, and deterioration
B
Obsolescence and damage
C
Pilferage and deterioration
D
Damage and pilferage
View Answer
Answer: Obsolescence, damage, pilferage, and deterioration
50
___________ is the process of multiplying the requirements by the usage quantity and recording the appropriate requirements throughout the product tree.
A
Exploding
B
Offsetting
C
Planning orders
D
Lead time
View Answer
51
linked to production planning.
A
MRP
B
Capacity requirements planning
C
Rough-cut capacity planning
D
Resource planning
View Answer
Answer: Resource planning
52
The inputs needed for a CRP include:
A
Open shop orders
B
Planned order released
C
Routings
D
All of the above
View Answer
53
_____________ is the number of hours a work center can be used.
A
Available hours
B
Demonstrated capacity
C
Rated capacity
D
Utilization
View Answer
54
Rated capacity is calculated by taking into account the work center ___________.
A
utilization and demonstrated capacity
B
efficiency and production
C
efficiency and demonstrated capacity
D
utilization and efficiency
View Answer
Answer: utilization and efficiency
55
If the workload in a manufacturing plan cannot be changed, an alternative is to:
A
Schedule overtime
B
Schedule undertime
C
Adjust the workforce by hiring
D
All of the above
View Answer
56
Flow of work through the shop is varied and depends on the design of a particular product. In _____________, as orders are processed, they will take more time at one workstation than at another. Thus, the work flow is not balanced.
A
product manufacturing
B
intermittent manufacturing
C
flow manufacturing
D
all of the above
View Answer
Answer: intermittent manufacturing
57
Each active manufacturing order has a record in the _____________________.
A
shop order master file
B
work center master file
C
product structure file (bill of material file)
D
item master file
View Answer
Answer: shop order master file
58
into two or more lots and run on two or more machines simultaneously.
A
Operation splitting
B
Operation overlapping
C
Infinite loading
D
Backward scheduling
View Answer
Answer: Operation splitting
59
The objectives of purchasing include:
A
Ensuring the best possible service and prompt delivery by the supplier
B
Obtaining the goods and services at the highest price
C
Obtaining goods and services of the lowest quality
D
All of the above
View Answer
Answer: Ensuring the best possible service and prompt delivery by the supplier
60
When the supplier's invoice is received, the following should agree:
A
The purchase order, the work order, and the production report
B
The material specification, the purchase requisition, and the invoice
C
The receiving report, the quotation, and the material specification
D
The purchase order, the receiving report, and the invoice
View Answer
Answer: The purchase order, the receiving report, and the invoice
