The material requirement plan authorizes production activity control (PAC):

• A.To take control of work orders and make sure they are completed on time
• B.All of these
• C.To work orders to the shop for manufacturing
• D.To manage day-to-day activity and provide the necessary support

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Which one of the following is a basic strategy to achieve the level of shortest lead time?

• A.Make-to-stock
• B.None of these
• C.Engineer-to-order
• D.Assemble-to-order

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Stock, from which withdrawals are made, can be located close to the marshalling and shipping area is referred to as:

• A.Active stock
• B.Marshalling stock
• C.Working stock
• D.Withdrawal stock

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Which technique is based on the assumption that what happened in the past will happen in the future?

• A.Extrinsic Forecasting
• B.Quantitative Forecasting
• C.Intrinsic Forecasting
• D.Average demand Forecasting

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Because of the flow system and the low work-in-process inventory,

• A.machinery and tooling can be specialized
• B.little build-up of work-in-process inventory
• C.labor into routine tasks
• D.lead times are short

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