A) three-bin anabyis D) Punctabelity analysis 4 Inventories which are ready to sell are called A) quarantined materials. B) work-in-process C) raw materials. D) finished goods 3 Which one of th following statements concerning the economic order quantity (FOO)model is true? A) An increase in holding cost will increase the EOQ B) A decrease in demand will increase the EOO. C) A decrease in holding cost will increase the EOQ. D) None of the above is true. 6 The planning horizon for a sales and operations plan is typically: 0-3 months. A) B) 3-18 months. C) 18-36 months. months. D) 36-60 7 A financial assessment of a for-profit organization's near future (for one or two years ahead)is a(n): A) business plan. B) annual plan. C) resource plan. D) financial budget. 8 Which one of the following conditions favors a level strategy for manufacturing firms? A) high availability of workers B) short shelf life of inventory C) highly automated equipment and a make-to-stock strategy D) high inventory-holding cost 9 Which of these sales and operations planning levers is associated with interviews, training, and severance pay? A) backorders and stockouts B) hiring and layoffs C) use of overtime D) holding inventory 10 Backorders and stockouts are most likely to cause expenses for: A) advertising costs. B) lost productivity. C) cost of capital. D) lost sales. 11 Which of the following is not an example of dependent demand items? A) shoelaces, shoes B)wheels, car C) carafes, coffeemakes. D) ice skates,roller skates for an item is due in week 6 and the item's lead time is two weeks in which corresponding planned order release occur? A)week 2 B) week 4 ar more components is a(n): 15. As Fall-Final Exam

Question

A) three-bin anabyis D) Punctabelity analysis 4 Inventories which are ready to sell are called A) quarantined materials. B) work-in-process C) raw materials. D) finished goods 3 Which one of th following statements concerning the economic order quantity (FOO)model is true? A) An increase in holding cost will increase the EOQ B) A decrease in demand will increase the EOO. C) A decrease in holding cost will increase the EOQ. D) None of the above is true. 6 The planning horizon for a sales and operations plan is typically: 0-3 months. A) B) 3-18 months. C) 18-36 months. months. D) 36-60 7 A financial assessment of a for-profit organization's near future (for one or two years ahead)is a(n): A) business plan. B) annual plan. C) resource plan. D) financial budget. 8 Which one of the following conditions favors a level strategy for manufacturing firms? A) high availability of workers B) short shelf life of inventory C) highly automated equipment and a make-to-stock strategy D) high inventory-holding cost 9 Which of these sales and operations planning levers is associated with interviews, training, and severance pay? A) backorders and stockouts B) hiring and layoffs C) use of overtime D) holding inventory 10 Backorders and stockouts are most likely to cause expenses for: A) advertising costs. B) lost productivity. C) cost of capital. D) lost sales. 11 Which of the following is not an example of dependent demand items? A) shoelaces, shoes B)wheels, car C) carafes, coffeemakes. D) ice skates,roller skates for an item is due in week 6 and the item's lead time is two weeks in which corresponding planned order release occur? A)week 2 B) week 4 ar more components is a(n): 15. As Fall-Final Exam

Answer 1

Let's go through each question and provide the correct answers:1. **Inventories which are ready to sell are called:** - A) quarantined materials. - B) work-in-process - C) raw materials. - D) finished goods **Answer: D) finished goods**2. **Which one of the following statements concerning the economic order quantity (EOQ) model is true?** - A) An increase in holding cost will increase the EOQ. - B) A decrease in demand will increase the EOQ. - C) A decrease in holding cost will increase the EOQ. - D) None of the above is true. **Answer: C) A decrease in holding cost will increase the EOQ.**3. **The planning horizon for a sales and operations plan is typically:** - A) 0-3 months. - B) 3-18 months. - C) 18-36 months. - D) 36-60 months. **Answer: B) 3-18 months.**4. **A financial assessment of a for-profit organization's near future (for one or two years ahead) is a(n):** - A) business plan. - B) annual plan. - C) resource plan. - D) financial budget. **Answer: A) business plan.**5. **Which one of the following conditions favors a level strategy for manufacturing firms?** - A) high availability of workers - B) short shelf life of inventory - C) highly automated equipment and a make-to-stock strategy - D) high inventory-holding cost **Answer: C) highly automated equipment and a make-to-stock strategy**6. **Which of these sales and operations planning levers is associated with interviews, training, and severance pay?** - A) backorders and stockouts - B) hiring and layoffs - C) use of overtime - D) holding inventory **Answer: B) hiring and layoffs**7. **Backorders and stockouts are most likely to cause expenses for:** - A) advertising costs. - B) lost productivity. - C) cost of capital. - D) lost sales. **Answer: D) lost sales.**8. **Which of the following is not an example of dependent demand items?** - A) shoelaces, shoes - B) wheels, car - C) carafes, coffee makers. - D) ice skates, roller skates **Answer: A) shoelaces, shoes**9. **For an item that is due in week 6 and the item's lead time is two weeks, in which corresponding planned order release occurs?** - A) week 2 - B) week 4 **Answer: B) week 4**10. **A system that uses a single number to represent the total cost of acquiring and holding an item is a(n):** - A) three-bin analysis - B) punctuality analysis - C) economic order quantity (EOQ) - D) just-in-time (JIT) **Answer: C) economic order quantity (EOQ)**I hope this helps! If you have any more questions, feel free to ask.

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