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1) Sales rate depends on Market Customer Producer 2) What is the input of a Production System? Production Order Rate Delivery Rate from Factory Sales rate 3) What is the input of a Distribution System? Delivery Rate from Factory Production Order Rate Sales Rate 4) The method of connecting the various stages of a process by the feedback loop is called: System Dynamics System Distribution Simulation 5) Demand for a given item is said to be dependent if the item has several children. there is a clearly identifiable parent. the finished products are mostly services (rather than goods). 6) Dependent demand and independent demand items differ in that for any product, all components are dependent-demand items the need for independent-demand items is forecasted all of the above are true 7) A master production schedule contains information about quantities and required delivery dates of final products quantities and required delivery dates of all sub-assemblies inventory on hand for each final product 8) A statistical measure of the variability of a distribution around its mean is referred to as A production Distribution The unexpected Return The Standard Deviation 9) In any production process the marginal product of labor equals total output divided by total labor inputs total output minus the total capital stock the change in total output resulting from a 'small' change on the labor input 10) A change in demand is said to take place when there is a shift of the demand curve. shift of the supply curve. movement along the demand curve
1) Sales rate depends on
Market
Customer
Producer
2) What is the input of a Production System?
Production Order Rate
Delivery Rate from Factory
Sales rate
3) What is the input of a Distribution System?
Sales Rate
4) The method of connecting the various stages of a process by the feedback loop is called:
System Dynamics
System Distribution
Simulation
5) Demand for a given item is said to be dependent if
the item has several children.
there is a clearly identifiable parent.
the finished products are mostly services (rather than goods).
6) Dependent demand and independent demand items differ in that
for any product, all components are dependent-demand items
the need for independent-demand items is forecasted
all of the above are true
7) A master production schedule contains information about
quantities and required delivery dates of final products
quantities and required delivery dates of all sub-assemblies
inventory on hand for each final product
8) A statistical measure of the variability of a distribution around its mean is referred to as
A production Distribution
The unexpected Return
The Standard Deviation
9) In any production process the marginal product of labor equals
total output divided by total labor inputs
total output minus the total capital stock
the change in total output resulting from a 'small' change on the labor input
10) A change in demand is said to take place when there is a
shift of the demand curve.
shift of the supply curve.
movement along the demand curve
