UJIAN KOMPREHENSIF TAKNIK INDUSTRI 2021

Forecast are usually accurate nearer in as opposed to farther out into the future. This is because:

• Near term holds less uncertainty

• More data is available near term

• The future is more dynamic in the near term

• The Delphi method allows experts to estimate market conditions

Forecasts will always have a significant margin of error yet, they are still used in business. Why is this so?

• Forecasts provide insight into supply conditions

• Forecasts are the prelude to business planning

• Material requirements planning requires forecasting

• Master production scheduling cannot operate without a preliminary forecast

All of the following Just In Time (JIT) principle can be used in an intermittent manufacturing shop EXCEPT:

• Preventive maintenance

• Employee empowermwnt

• Inventory reduction

• Continuous flow lines

Which manufacturing environment typically has the longest span time?

• Make to stock

• Make to Order

• Engineering to Order

• Assemble to Order

Production planning is generally a direct input into which of the following?

• Rough-cut capacity planning

• Master production scheduling

• Material requirement planning

• Customer order planning

A company's income statement will show which of the following?

• Inventory on hand

• Long-term debt

• Net cash available

• Cost of products sold

What is the law which states a small percentage of the population usually accounts for a large percentage of the outcome

• Pareto's law

• Alfredo's law

• Newton's law

• Deming's law

Product conformance can best be described as:

• Meeting specified requirements

• Providing highest quality solutions

• Adhering to company policies

• Engineering process changes

The main reasons company invest heavily in scheduling is to:

• Achieve cost goals

• Properly load work centers

• Meet delivery dates

• Provide accurate promise dates

The term break even point is best described as:

• Product failure point

• Required capacity = available capacity

• Assets = Liabilities

• Revenue = total cost