The maximum output capabilities of a resource is known as

A gross requirement is defined as

Chris＇s TV factory has $25,000,000 of stock in the warehouse, and average monthly sales of $35,000,000. What are the days of supply for Chris＇s TV factory assuming an average 30 days in a month?

Inventory that has no known forecast requirement is called

A "order to be released" would be what type of MRP Message?

Stock that production workers can draw from without requisitions is called what?

Using the following table, calculate the Mean Absolute Deviation (MAD)
Period Forecast Actual
1 1000 800
2 1300 1000
3 1300 1200
4 1400 1500
5 1400 1500
6 1500 1500
7 1600 1500
8 1600 1700
9 2000 1800
10 2000 2200
Total: 15100 14700

In order to have a Kaizen event you must have
I. Small multi - disciplined team
II. Team trained in problem solving
III. Upper Management on the team

Which of the following is counted during periodic physical inventory?
I. Raw Material
II. Sub Assemblies
III. Finished Goods
IV. Material Received Not in Stock

What is a tool that links customer desires through product design to manufacturing performance and process variables?

Which of the following are lot sizing methods?
I. Fixed Order Quantity
II. Kanban Quantity
III. Agreed Order Quantity
IV. Time Period Ordering