- (Topic 2)
Which of the following forecasting techniques reviews a company's sales history?

1. A. Qualitative
2. B. Delphi
3. C. Extrinsic
4. D. Intrinsic

Correct Answer: D

- (Topic 4)
Companies typically make final purchasing decisions based on which of the following supplier characteristics?

1. A. Reverse logistics
2. B. Personal relationships
3. C. Delivery reliability
4. D. Market share

Correct Answer: C

- (Topic 1)
Which of the following issues would be of greatest concern for a company choosing to reduce its finished goods inventory?

1. A. Long production changeover time
2. B. Customer service expectations
3. C. Product quality requirements
4. D. Product shelf life constraints

Correct Answer: B

- (Topic 3)
Which of the following variables best represents a strategic performance measure?

1. A. Revenue growth
2. B. Machine utilization
3. C. Work center capacity
4. D. Cycle time

Correct Answer: A

- (Topic 2)
Service parts needs are most often determined by:

1. A. bills of material explosion.
2. B. forecasts based on prior demand.
3. C. material requirements planning (MRP) logic calculations.
4. D. analysis of lead-time requirements.

Correct Answer: B