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Business Production Control

1. _____ is achieved by collecting and lumping information about all items to be produced together. These items require common production materials and facilities. (Points : 1) ;
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Question 2. 2. The more constrained TM model version in the text for aggregate planning _____ backorders. (Points : 1)

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Question 3. 3. An appropriate inventory cost analysis must be used to (Points : 1)

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Question 4. 4. When there is a large amount of demand fluctuation, a variable workforce capability is appealing but there are offsetting costs, which include the areas of: (Points : 1)

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Question 5. 5. The sum of costs associated with a constant workforce are significantly less than the sum of costs associated with a variable workforce. This indicates which production scheduling choice? (Points : 1)

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Question 6. 6. The importance of being on time with project completions has led to the development of (Points : 1)

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Question 7. 7. Dynamic inventory models apply to inventories that are used for _____. Upon occasion they apply as well to intermittent flow shops, batch work that occurs regularly, and supplies that are used for ongoing support systems. (Points : 1)

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Question 8. 8. _____ means that there is no good forecast for the probabilities of demand and/or lead-time distributions. (Points : 1)

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Question 9. 9. One or more components of lead time is (are) the _____. (Points : 1)

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Question 10. 10. HMMS is the four-letter abbreviation created to stand for (Points : 1)

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