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NEW QUESTION: 1
A medium-sized manufacturing company, which operates in the electronics industry, has employed a firm of consultants to carry out a review of the company's planning and control systems. The company presently uses a traditional incremental budgeting system and the inventory management system is based on economic order quantities (EOQ) and reorder levels. The company's normal production patterns have changed significantly over the previous few years as a result of increasing demand for customized products. This has resulted in shorter production runs and difficulties with production and resource planning.
The consultants have recommended the implementation of activity based budgeting and a manufacturing resource planning system to improve planning and resource management.
How will a manufacturing resource planning system improve the planning of purchases and production for the company?
Select ALL the correct answers.
A. The traditional approach to determine material requirements is to monitor inventories constantly; whenever they fall to a predetermined level, a preset order is placed to replenish them. This traditional approach (involving re-order levels and economic order quantity calculations originates in the pre-computer era.
B. The technique will not enable managers to track orders through the manufacturing process and will not assist the purchasing and production control departments to move the right amount of material or sub- assemblies at the right time to the right place.
C. It seeks to ensure that resources are available just before they are needed by the next stage of production or dispatch. It also seeks to ensure that resources are delivered only when required so that raw material inventory is kept to a minimum.
D. The correct inventory management system relies on the assumption that there is constant demand. An MRP system begins with the setting of a master production schedule specifying both the timing and quantity demanded of each of the finished goods items and then works backwards to determine the resource requirements at each stage of the production process.
E. A manufacturing resource planning approach to the management of all the company's manufacturing
resources including inventory, labour and machine capacity.
F. It aims to generate an estimation of materials requirements after taking account of the number of employees quality and waste. The TQS model can be used within MRP provided that the major assumption in the TQS model of constant demand applies.
Answer: A,C,D,E
Explanation:
Explanation/Reference: https://www.vrelearnonline.com/p1-103-1-azy/
NEW QUESTION: 2
Which two statements about IPv6 traffic filtering are true? (Choose two.)
A. It is configured at the interface level.
B. It performs virtual fragmentation reassembly after checking egress ACLs.
C. It requires IPv6 neighbor discovery to be enabled on the interface.
D. It requires configuration to be done at the egress interface.
E. It performs virtual fragmentation after checking ingress ACLs.
Answer: A,E
Explanation:
Explanation
When virtual fragmentation reassembly (VFR) is enabled, VFR processing begins after ACL input lists are checked against incoming packets. The incoming packets are tagged with the appropriate VFR information.
NEW QUESTION: 3
DRAG DROP
You are writing a MDX query to retrieve data from a Microsoft SQL Server Analysis
Services (SSAS) cube named Channel Sales. The cube defines two measures named
Sales and Cost. The cube also defines a Date dimension and a Product dimension.
You need to retrieve profit values for a year named CY2016.
How should you complete the MDX statement? To answer, drag the appropriate MDX segment to the correct locations. Each MDX segment may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
Answer:
Explanation:
Explanation:
Box 1:WITH MEMBER...
Box 2:WHERE ([Date].[Year].[CY2016])
References: https://docs.microsoft.com/en-us/sql/analysis-services/multidimensional- models/mdx/working-with-members-tuples-and-sets-mdx
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