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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Sales and Operations Planning (S&OP) | 18% | - Reconcile financial and operational plans - S&OP process governance - Aggregate demand and supply review |
| Topic 2: Inventory Management | 15% | - Inventory classification and optimization - Order quantity and safety stock policies - Cycle counting and accuracy control |
| Topic 3: Continuous Improvement and Technology | 6% | - Lean, Six Sigma, and TOC principles - ERP and supply chain technology |
| Topic 4: Strategic Management of Resources | 22% | - Risk management and sustainability - Align operations with organizational strategy - Performance measurement and KPIs |
| Topic 5: Supply Management | 15% | - Procurement and contract management - Supplier selection and relationship management - Material requirements planning |
| Topic 6: Detailed Scheduling and Execution | 12% | - Distribution and logistics planning - Capacity planning and management - Scheduling techniques and shop floor control |
| Topic 7: Demand Management | 12% | - Forecasting techniques and accuracy - Customer requirements and order management - Demand shaping and collaboration |
1. A customer requests an order of 100 units in Period 1. The master schedule for the item indicates an available-to-promise (ATP) of 85 units for Period 1. Which of the following approaches is the most appropriate course of action?
A) Promise the 85 units in Period 1 and the remaining 15 units in the next possible ATP period.
B) Promise the 100 units, and then check on component availability.
C) Promise the 100 units by removing 15 units from another customer's order with a smaller revenue value.
D) Increase the master production schedule (MPS) quantity in Period 1 by 15 units.
2. In a lean environment, the batch-size decision for planning "A" items would be done by:
A) least total cost.
B) lot-for-lot (L4L).
C) periodic order quantity.
D) min-max.
3. Which of the following represents landed costs?
A) Purchasing and delivering a purchased product to its final destination
B) Combining smaller shipments to take advantage of bulk efficiencies
C) Supplier absorbing freight charges
D) Duties levied on imports and exports
4. The results from responding to uncertainty in the supply chain by exaggerating lead times and increasing lot sizes is called:
A) process train.
B) bullwhip effect.
C) supply and demand.
D) forward integration.
5. An organization has seen inventory increase every month for the past year and financial performance has net met expectations. Which of the following processes would mostappropriately address correctingthe problem?
A) Sales and operations planning (S&OP)
B) Detailed material planning
C) Business planning
D) Master scheduling
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: A |
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