- (Topic 4)
Which of the following typically would be the most economical mode of transportation for crude oil to an oil refinery?

1. A. Water
2. B. Pipeline
3. C. Truck
4. D. Rail

Correct Answer: B

- (Topic 3)
The ratio of actual output to standard output is defined as:

1. A. demonstrated capacity.
2. B. rated capacity.
3. C. utilization.
4. D. efficiency.

Correct Answer: D

- (Topic 3)
The primary advantage of process flexibility is the:

1. A. ease of implementing engineering changes.
2. B. responsiveness to volume or mix changes.
3. C. decrease in labor costs.
4. D. reduced need for skills.

Correct Answer: B

- (Topic 2)
The question below is based on the following information:

What is the mean absolute deviation of demand for the data?

1. A. 1
2. B. 3
3. C. 5
4. D. 101

Correct Answer: B

- (Topic 3)
Which of the following processes converts the master production schedule into resource requirements that are then compared to the available resources?

1. A. Capacity requirements planning
2. B. Rough-cut capacity planning
3. C. Material requirements planning
4. D. Resource planning

Correct Answer: B