WorksheetsU3 AOS 3 Section 4 Quiz
Total questions: 14
Worksheet time: 8mins
(a) is the term for the goods and materials that are held as stock in a business.
What is a disadvantage of storing materials in advance?
the quantities may not be right
materials are always on hand when needed
some materials have use-by-dates
quality of the product may be very low
What is surplus stock?
when a business has more materials than it needs
when a business has just the right amount of materials
when a business struggles to produce anything because it does not have enough materials
What is materials handling?
the physical handling of the goods in warehouses
the actual handling of products during production
the sourcing of materials
One of the initial stages of management of materials is (a) . Management must use some kind of materials planning tool to analyse trends and predict future needs.
Qualitative forecasting is _______
subjective - info is gathered based on opinions
objective - info is gathered from data
Quantitative forecasting is _______
subjective - info is gathered based on opinions
objective - info is gathered from data
What is a master production schedule?
an inventory stock
a plan which provides the basic information for materials management
a plan that decribes what is produced, in what quantities, how and when
a system used to ensure the costs associated with maintining an inventory of materials is kept to a minimum
What is a production plan?
an inventory stock
a plan which provides the basic information for materials management
a plan that decribes what is produced, in what quantities, how and when
a system used to ensure the costs associated with maintining an inventory of materials is kept to a minimum
What is inventory control?
an inventory stock
a plan which provides the basic information for materials management
a plan that decribes what is produced, in what quantities, how and when
a system used to ensure the costs associated with maintaining an inventory of materials is kept to a minimum
What is materials requirement planning?
an itimised list of all materials that were involved in producing the product within a set time frame
a plan which provides all information for the materials management process
a plan that decribes what is produced, in what quantities, how and when
a software analysis of the materials management process
What tools can be used to help with inventory control?
bar coding and computerised stock records
forklifts
CAD/CAM
MPS and MRP
Just-in-time is a materials management system of inventory control first invented by ____
Toyota
Boeing
Holden
Ford
Ad advantage of JIT is ___
ensures that production can flow smoothly
more transportation is required
supplier deliveries must be reliable
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