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for an operation?
a) Nature of the communication links b) Access to customers c) Access to raw materials d) Provision of water supply
Question 2 Which of the following is not a socio-economic factor that can influence the choice of location for an operation?
a) Only related to manufacturing operations. b) The same as a make-or-buy decision. c) Moving the production of goods or services from in-house to an external supplier. d) Setting up a supplier of a new product or service
Question 6 Which of these is not a major reason to outsource a product or service?
a) To reduce operating costs b) To increase control of the process c) To give access to higher technical ability d) To focus on core business areas
Question 7 Which of these layout types is most associated with a mass process?
a) A raw material item used in an operation. b) An item stored for later use in an operation. c) An item in transit for later use in an operation. d) Any of the above.
Question 2 Products which are completed awaiting despatch to a customer are called _______________ inventory.
a) Pipeline
a) It allows processes to flow more smoothly. b) It makes deliveries more reliable. c) It helps to deal with short term demands. d) It enables the best material to be sorted prior to production.
Question 7 Which of these reasons to keep inventory will improve flexibility?
a) It allows processes to flow more smoothly. b) It makes deliveries more reliable. c) It helps to deal with short term demands. d) It enables the best material to be sorted prior to production.
a) Estimated Order Quantity b) Economic Order Quantity c) Estimated Order Quality d) Economic Order Quality
Question 9 The EOQ of an item is calculated using the annual demand together with the ___________ cost and the __________ cost.
a) Direct and Variable costs b) Indirect and Holding costs c) Direct and Ordering costs d) Ordering and Holding costs
Question 10 Goods in transit can be tracked using RFID technology. RFID stands for?
a) Remote File Identification b) Resource Frequency Identification c) Radio Frequency Identification d) Radar Frequency Identification