61
In purchasing an item or service from a supplier, which factor is not included when specifications are being developed?
Answer: Delivery requirement
Questions
62
Buying of the annual requirements of an item during its season.
Answer: Speculative Buying
63
Finance must keep investment and costs low. This can be done by___________
Answer: Decreasing the number of plants and warehouses
64
It is possible to increase the available capacity by:
Answer: Scheduling overtime
65
In the __________________ environment, many different end items are made from a small number of components.
Answer: make-to-order
66
A _________ is used when companies usually make more than one product and the same components are often used in several products.
Answer: multiple bill
67
__________ are purchased items received that have not entered the production process. They include purchased materials, component parts, and sub-assemblies.
Answer: Raw materials
68
___________ include hand tools, spare parts, lubricants, and cleaning supplies.
Answer: MRO supplies
69
__________ inventory is held to cover random unpredictable changes in supply and demand or lead time.
Answer: Fluctuation
70
A(n) _____________ lists all the parts needed to make one complete assembly.
Answer: summarized parts list
71
The Gregorian calendar:
Answer: Presents problems for manufacturing planning and control
72
The term _____________means that the work center is overloaded and the term ________________ means the work center is under loaded.
Answer: overcapacity, under capacity
73
______________is concerned with the production of high-volume standard products.
Answer: Flow manufacturing
75
The _________________ collects all of the relevant data on a work center.
Answer: work center master file
76
_________ is the amount of time the job is waiting at a work center before an operation begins.
Answer: Queue time
78
___________specifications and standard specifications are the two major sources of specifications or ways of describing a product.
Answer: Buyer
