NU - Quiz 2

A function of material management that lists down all the supplies and materials needed for operation.

• Planning

• Sourcing

• Budgeting

A function of material management that tracks possible suppliers for the business.

• Planning

• Sourcing

• Budgeting

A function of material management that covers the waste system process of the production and operation

• Disposal

• Inspection

• Receiving

Is defined as the identification of unnecessary cost which does not add value on the business and customer's sides.

• Disposal

• Inspection

• Value Analysis

Usually refers to the materials in stock.

• Inventory

• Disposal

• Materials Management

How many percent in capital is usually allotted for materials in an operation?

• 10

• 60

• 100

Inventory is also called ...

• waiting items

• idle resources

• sleeping materials

Refers to the arrangement of equipment, materials, and manpower to boost or improve productivity.

• Facility Layout

• Waste Disposal

• Value Analysis

A type of facility layout where machines are arranged according to their functions.

• Process Layout

• Product Layout

• Fixed-Position Layout

A type of facility layout where the raw materials are performed in a sequence and the machines are placed according to its production flow line.

• Process Layout

• Product Layout

• Fixed-Position Layout