Manufacturing and Production Supply Chain Management 2

Question 1

What does MRP stand for in manufacturing?

Accepted Answer

Material Requirements Planning

Answer

Machine Replacement Plan

Answer

Maximum Rate of Production

Answer

Monthly Revenue Projection

Question 2

The Bill of Materials (BOM) in manufacturing is:

Accepted Answer

A structured list of components, subassemblies, and raw materials required to build a product

Answer

An invoice from a supplier

Answer

A production scheduling document

Answer

A machine maintenance checklist

Question 3

Lead time in supply chain management is:

Accepted Answer

The time between placing an order and receiving it

Answer

The time a supervisor spends managing a team

Answer

The time to train new suppliers

Answer

The time to update a purchase contract

Question 4

What is a Tier 1 supplier?

Accepted Answer

A supplier that sells directly to the manufacturer or OEM

Answer

A supplier located overseas

Answer

The largest supplier by volume

Answer

A government-approved supplier

Question 5

What does 3PL stand for?

Accepted Answer

Third-Party Logistics

Answer

Three-Phase Loading

Answer

Total Plant Layout

Answer

Tiered Procurement Levels

Question 6

A supplier scorecard is primarily used to:

Accepted Answer

Measure and track supplier performance across quality, delivery, and cost metrics

Answer

Set retail prices

Answer

Train procurement staff

Answer

Forecast production demand