5. Which of the following is not one of the four main types of inventory?
a. raw material inventory
b. work-in-process inventory
c. maintenance/repair/operating supply inventory
d. safety stock inventory
e. All of these are main types of inventory.
6. A master production schedule contains information about
a. quantities and required delivery dates of all subassemblies
b. quantities and required delivery dates of final products
c. inventory on hand for each subassembly
d. inventory on hand for each final product
e. scheduled receipts for each final product
7. The objective of scheduling is to
a. maximize quality
b. minimize cost
c. minimize response time
d. prioritize and allocate demand to capacity
e. minimize lead time
8. Which of the following is not a goal of JIT partnerships?
a. removal of unnecessary activities
b. removal of in-plant inventory
c. removal of in-transit inventory
d. obtain improved quality and reliability
e. All of the above are goals of JIT partnerships
