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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Strategic Management of Resources | 22% | - Align operations with organizational strategy - Performance measurement and KPIs - Risk management and sustainability |
| Topic 2: Detailed Scheduling and Execution | 12% | - Capacity planning and management - Distribution and logistics planning - Scheduling techniques and shop floor control |
| Topic 3: Continuous Improvement and Technology | 6% | - ERP and supply chain technology - Lean, Six Sigma, and TOC principles |
| Topic 4: Supply Management | 15% | - Supplier selection and relationship management - Material requirements planning - Procurement and contract management |
| Topic 5: Inventory Management | 15% | - Cycle counting and accuracy control - Order quantity and safety stock policies - Inventory classification and optimization |
| Topic 6: Demand Management | 12% | - Customer requirements and order management - Forecasting techniques and accuracy - Demand shaping and collaboration |
| Topic 7: Sales and Operations Planning (S&OP) | 18% | - Aggregate demand and supply review - Reconcile financial and operational plans - S&OP process governance |
1. Which of the following outcomes is a benefit of mixed-model scheduling?
A) Fewer material shortages
B) Increased inventory
C) Improved demand response
D) Fewer setups
2. Which of the following methods most likely introduces a temporary variance betweenthe inventory balance and theinventory record?
A) Kanban
B) Inventory write-off
C) Backflushing
D) Cycle count
3. Providing a realistic basis for setting internal performance targets can be accomplished through:
A) best practices.
B) beta testing.
C) benchmarking.
D) breakthrough innovation.
4. When developing a quantitative model to support sales and operations planning (S&OP), which of the following statementsis most true?
A) Clear objectives are not necessary to begin the modeling process.
B) A minimal level of effort is required to develop a model.
C) It is necessary to capture all of the detail in order to create a useful model.
D) Aggregation will be necessary to develop an appropriate model.
5. Which of the following trade-offs should be evaluated when determining where to place inventory in a multi-echelon supplychain network?
A) Customer price and order quantity
B) Production cost and lot size quantity
C) Purchase cost and shrinkage rates
D) Transportation cost and delivery time
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: D |
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