Pull system is one of the elements/ objectives in which management objectives?
I. Just in Time
II. Lean Manufacturing
III. Make to Stock system

A primary advantage of lift trucks over conveyors is that

MRP will check for available inventory of a purchased in an ETO environment because

Serialization of individual inventory lots of tracking location and cost is an example of

Which of the following priority rules is used within a dedicated assembly line?

The most likely reason for a lean manufacturing company to have only one supplier that uses Kanban and returnable packaging designed for a specific part is the

Which of the following order quantity techniques tends to most closely couple the MPS and purchasing performance?

A MTS company purchases parts that are unique to the company. The best reason for establishing a received quantity tolerance which closes a remaining open balance on the purchase order is

The reorder point technique is suitable for

Which of the following statements is most true of raw material cycle counting?

If the annual demand is 50,000 units, the ordering cost is $100/order, the carrying cost is 20%, and the unit cost is $5, the annual ordering cost for an order quantity of 2500 is