A manufacturing company has several inexpensive items that are critical to the production process. The supply of these items has been depleted several times. Which of the following actions is most likely to reduce stockouts?

• A.Increase minimum inventory levels for the items.
• B.Standardize the items.
• C.Assign personnel to manage the items.
• D.Initiate a vendor-managed inventory (VMI) program for the items.

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The production scheduler for a bottleneck resource should:

• A.increase production lot sizes to increase utilization of resources.
• B.implement pull signals for production of the bottleneck resource.
• C.ensure a constant queue of work waiting to be processed.
• D.schedule additional preventive maintenance for the resource.

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A juice manufacturer wants to determine the time required to convert a dollar spent on materials into a dollar received in sales. Which of the following metrics would be most appropriate to make this determination?

• A.Activity-based costing
• B.Inventory carrying cost
• C.Cash-to-cash cycle time
• D.Average financial turnover

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Which of the following activities is the most appropriate use of an advanced planning and scheduling system?

• A.Selecting the target market for a product
• B.Creating a daily demand forecast
• C.Optimizing transportation routes
• D.Identifying constraints within a facility

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JIT uses what method to move items through the system?

• A.pull
• B.push
• C.backward scheduling
• D.forward scheduling
• E.available to promise

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