Deck 11: Conversion Processes

Question 1

Resources like ________ and ________ are combined and converted into a product that can be purchased and used.

A) raw materials, labor
B) finished goods, labor
C) raw materials, equipment
D) equipment, labor

Answer 1

raw materials, labor

Question 2

Producing products to sell is the primary objective of a manufacturing business. Doing this successfully depends on an efficient and effective manufacturing conversion process. Manufacturing efficiency is a balance between three goals. These goals include: controlling the costs of resources, the rate of production, and what other goal?

A) Finished goods inventory levels
B) The quality of finished goods
C) The selling price of the finished goods
D) The location of production

Answer 2

The quality of finished goods

Question 3

Producing products to sell is the primary objective of a manufacturing business. Doing this successfully depends on an efficient and effective manufacturing conversion process. Manufacturing efficiency is a balance between three goals. These goals include: controlling the costs of resources, the quality of finished goods, and what other goal?

A) Finished goods inventory levels
B) The selling price of the finished goods
C) The rate of production
D) The location of production

Answer 3

The rate of production

Question 4

Producing products to sell is the primary objective of a manufacturing business. Doing this successfully depends on an efficient and effective manufacturing conversion process. Manufacturing efficiency is a balance between three goals. These goals include: the rate of production, controlling the quality of finished goods, and what other goal?

A) Finished goods inventory levels
B) The selling price of the finished goods
C) The location of production
D) Controlling the costs of resources

Question 5

Overall equipment effectiveness (OEE) is a key performance indicator that measures how well production resources are used by identifying the percentage of productive manufacturing time. An OEE of 100% means that ________, produced at the fastest speeds (100% performance), and manufactured without interruptions in production (100% availability). Management uses OEE to identify process and performance improvements potential.

A) all products produced are acceptable (100% quality)
B) all products produced are sold (100% sales)
C) all products produced are properly inventoried (100% finished)
D) all products produced are shipped (100% shipped)

Question 6

Overall equipment effectiveness (OEE) is a key performance indicator that measures how well production resources are used by identifying the percentage of productive manufacturing time. An OEE of 100% means that all products produced are acceptable (100% quality), ________, and manufactured without interruptions in production (100% availability). Management uses OEE to identify process and performance improvement potential.

A) produced and sold (100% sales)
B) produced at the fastest speeds (100% performance)
C) produced and properly inventoried (100% finished)
D) produced and shipped (100% shipped)

Question 7

Overall equipment effectiveness (OEE) is a key performance indicator that measures how well production resources are used by identifying the percentage of productive manufacturing time. An OEE of 100% means that all products produced are acceptable (100% quality), produced at the fastest speeds (100% performance), and ________. Management uses OEE to identify process and performance improvement potential.

A) manufactured and sold (100% sales)
B) manufactured and properly inventoried (100% finished)
C) manufactured without interruptions in production (100% availability)
D) manufactured and shipped (100% shipped)

Question 8

What is the correct order for the Manufacturing Conversion Processes?

A) Product Development, Production Planning, Production Scheduling, Manufacturing Operations, Quality Management
B) Production Scheduling, Product Development, Production Planning, Manufacturing Operations, Quality Management
C) Product Development, Production Planning, Quality Management, Production Scheduling, Manufacturing Operations
D) Production Planning, Production Scheduling, Product Development, Manufacturing Operations, Quality Management

Question 9

What are the source document output(s) of the Product Development process?

A) Bill of materials, operations list
B) Production plan
C) Production schedule, production orders, material requisitions, move tickets
D) Production reports, job time tickets

Question 10

What are the source document output(s) of the Production Planning process?

A) Bill of materials, operations list
B) Production plan
C) Production schedule, production orders, material requisitions, move tickets
D) Production reports, job time tickets

Question 11

What are the source document output(s) of the Production Scheduling process?

A) Bill of materials, operations list
B) Production plan
C) Production schedule, production orders, material requisitions, move tickets
D) Production reports, job time tickets

Question 12

What are the source document output(s) of the Manufacturing Operations process?

A) Bill of materials, operations list
B) Production plan
C) Production schedule, production orders, material requisitions, move tickets
D) Production reports, job time tickets

Question 13

What are the source document output(s) of the Quality Management process?

A) Testing reports
B) Production plan
C) Production schedule, production orders, material requisitions, move tickets
D) Production reports, job time tickets

Question 14

Choose from the following selections the best definition of the Product Development process.

A) Transform product ideas into product specifications
B) Develop a long-term outlook of production activities
C) Schedule production
D) Manufacture the products

Question 15

Choose from the following selections the best definition of the Production Planning process.

A) Transform product ideas into product specifications
B) Develop a long-term outlook of production activities
C) Schedule production
D) Manufacture the products

Question 16

Choose from the following selections the best definition of the Production Scheduling process.

A) Transform product ideas into product specifications
B) Develop a long-term outlook of production activities
C) Schedule production
D) Manufacture the products

Question 17

Choose from the following selections the best definition of the Manufacturing Operations process.

A) Transform product ideas into product specifications
B) Develop a long-term outlook of production activities
C) Schedule production
D) Manufacture the products

Question 18

Choose from the following selections the best definition of the Quality Management process.

A) Test products for quality
B) Develop a long-term outlook of production activities
C) Schedule production
D) Manufacture the products

Question 19

Choose from the following selections the best definition of the bill of materials (BOM).

A) A document that specifies the components of a product, including descriptions and quantities of required raw materials and parts
B) A document that provides a sequence of production events
C) A document that provides a long-term outline of what and when products will be manufactured
D) A document that provides a short-term allocation of plant machinery and resources to the manufacturing of products

Question 20

Choose from the following selections the best definition of an operations list.

A) A document that specifies the components of a product, including descriptions and quantities of required raw materials and parts
B) A document that provides a sequence of production events
C) A document that provides a long-term outline of what and when products will be manufactured
D) A document that provides a short-term allocation of plant machinery and resources to the manufacturing of products

Question 21

Choose from the following selections the best definition of a production plan.

A) A document that specifies the components of a product, including descriptions and quantities of required raw materials and parts
B) A document that provides a sequence of production events
C) A document that provides a long-term outline of what and when products will be manufactured
D) A document that provides a short-term allocation of plant machinery and resources to the manufacturing of products

Question 22

Choose from the following selections the best definition of a production schedule.

A) A document that specifies the components of a product, including descriptions and quantities of required raw materials and parts
B) A document that provides a sequence of production events
C) A document that provides a long-term outline of what and when products will be manufactured
D) A document that provides a short-term allocation of plant machinery and resources to the manufacturing of products

Question 23

Choose from the following selections the best definition of a master production schedule (MPS).

A) A document where every production operation is scheduled at a specific calendar time, resources and workers are assigned, and steps are outlined to utilize all resources effectively
B) A document that authorizes the movement of raw materials from inventory into production
C) A barcode tag to authorize and track movements of a single manufacturing job from one location in production to another
D) A document that summarizes the total manufacturing cost of a product, which is important in recording the cost of inventory and cost of goods sold in the general ledger

Question 24

Choose from the following selections the best definition of a materials requisition request.

A) A document where every production operation is scheduled at a specific calendar time, resources and workers are assigned, and steps are outlined to utilize all resources effectively
B) A document that authorizes the movement of raw materials from inventory into production
C) A barcode tag to authorize and track movements of a single manufacturing job from one location in production to another
D) A document that summarizes the total manufacturing cost of a product, which is important in recording the cost of inventory and cost of goods sold in the general ledger

Question 25

Choose from the following selections the best definition of a move ticket.

A) A document where every production operation is scheduled at a specific calendar time, resources and workers are assigned, and steps are outlined to utilize all resources effectively
B) A document that authorizes the movement of raw materials from inventory into production
C) A barcode tag to authorize and track movements of a single manufacturing job from one location in production to another
D) A document that summarizes the total manufacturing cost of a product, which is important in recording the cost of inventory and cost of goods sold in the general ledger

Question 26

Choose from the following selections the best definition of a production report.

A) A document where every production operation is scheduled at a specific calendar time, resources and workers are assigned, and steps are outlined to utilize all resources effectively
B) A document that authorizes the movement of raw materials from inventory into production
C) A barcode tag to authorize and track movements of a single manufacturing job from one location in production to another
D) A document that summarizes the total manufacturing cost of a product, which is important in recording the cost of inventory and cost of goods sold in the general ledger

Question 27

Which control activity listed below is a product development control activity?

A) Regularly analyze warranty and repair costs.
B) Manufacture products according to authorized BOM, BOO, and MPS documents.
C) Automate manufacturing operations.
D) Adhere to industry regulations and safety standards.

Question 28

Which control activity listed below is a production planning and scheduling control activity?

A) Regularly analyze warranty and repair costs.
B) Manufacture products according to authorized BOM, BOO, and MPS documents.
C) Automate manufacturing operations.
D) Adhere to industry regulations and safety standards.

Question 29

Which control activity listed below is a manufacturing operations control activity?

A) Regularly analyze warranty and repair costs.
B) Manufacture products according to authorized BOM, BOO, and MPS documents.
C) Automate manufacturing operations.
D) Adhere to industry regulations and safety standards.

Question 30

Which control activity listed below is a quality management control activity?

A) Regularly analyze warranty and repair costs.
B) Manufacture products according to authorized BOM, BOO, and MPS documents.
C) Automate manufacturing operations.
D) Adhere to industry regulations and safety standards.

Question 31

Which is the best definition of inventory management?

A) Inventory management involves overseeing the processes of ordering, storing, and using a business's inventory.
B) Inventory management involves overseeing the life cycle of a product from procuring raw materials through customer sales.
C) Inventory management involves testing products to ensure that they meet regulatory and corporate specifications.
D) Inventory management involves the research and testing of new products or potential changes to existing products.

Question 32

Which is the best definition of supply chain management?

A) Inventory management involves overseeing the processes of ordering, storing, and using a business's inventory.
B) Inventory management involves overseeing the life cycle of a product from procuring raw materials through customer sales.
C) Inventory management involves testing products to ensure that they meet regulatory and corporate specifications.
D) Inventory management involves the research and testing of new products or potential changes to existing products.

Question 33

GAAP for financial reporting requires that a manufacturer's inventory on the balance sheet and cost of goods sold on the income statement consist of: ________, the cost of direct labor, and the cost of manufacturing overhead.

A) the cost of direct materials
B) the cost of shipping
C) the cost of sales, general and administration (SG&A)
D) the expense of IT

Question 34

GAAP for financial reporting requires that a manufacturer's inventory on the balance sheet and cost of goods sold on the income statement consist of: the cost of direct materials, ________, and the cost of manufacturing overhead.

A) the cost of shipping
B) the cost of direct labor
C) the cost of sales, general and administration (SG&A)
D) the expense of IT

Question 35

GAAP for financial reporting requires that a manufacturer's inventory on the balance sheet and cost of goods sold on the income statement consist of: the cost of direct materials, the cost of direct labor, and

A) the cost of shipping.
B) the cost of sales, general and administration (SG&A).
C) the cost of manufacturing overhead.
D) the expense of IT.

Question 36

Traditional cost accounting assigns production costs differently, depending on the product or service. Which choice below best describes job-order costing?

A) Job-order costing assigns costs to products or services that meet specific needs of an individual customer.
B) Job-order costing determines the total cost of the production and averages it over the units produced.
C) Job-order costing identifies specific business activity pools or fundamental business. processes and then assigns costs based on the resources consumed by that activity or process.
D) Job-order costing assigns costs based on the machinery they are manufactured on.

Question 37

Traditional cost accounting assigns production costs differently, depending on the product or service. Which choice below best describes process costing?

A) Process costing assigns costs to products or services that meet specific needs of an individual customer.
B) Process costing determines the total cost of the production and averages it over the units produced.
C) Process costing identifies specific business activity pools or fundamental business processes and then assigns costs based on the resources consumed by that activity or process.
D) Process costing assigns costs based on the machinery they are manufactured on.

Question 38

Traditional cost accounting assigns production costs differently, depending on the product or service. Which cost accounting method would likely be used for pumps built to specific customer specification?

A) Activity-based costing
B) Machine setup costing
C) Job-order costing
D) Process costing

Question 39

Traditional cost accounting assigns production costs differently, depending on the product or service. Which cost accounting method would likely be used for a mass-produced frozen cookie mix?

A) Activity-based costing
B) Machine setup costing
C) Job-order costing
D) Process costing

Question 40

For accounting purposes, the salaries, wages, and benefit expenses of employees directly involved in the production process are called what?

A) Direct labor
B) Indirect factory labor
C) Direct material costs
D) Indirect material costs

Question 41

For accounting purposes, the salaries, wages, and benefit expenses of an employee who runs a lathe machine on the factory floor would be classified as what?

A) Direct labor
B) Indirect factory labor
C) Direct material costs
D) Indirect material costs

Question 42

For accounting purposes, the salaries, wages, and benefit expenses of a quality control inspector would be classified as what?

A) Direct labor
B) Indirect factory labor
C) Direct material costs
D) Indirect material costs

Question 43

For accounting purposes, the costs of the steel consumed in the manufacture of a brake drum would be classified as what?

A) Direct labor
B) Indirect factory labor
C) Direct material costs
D) Indirect material costs

Question 44

For accounting purposes, the costs of the cleaning supplies to clean the machines used to manufacture the brake drums would be classified as what?

A) Direct labor
B) Indirect factory labor
C) Direct material costs
D) Indirect material costs

Question 45

For accounting purposes, the insurance on the manufacturing facility would be classified as what?

A) Manufacturing overhead
B) Indirect factory labor
C) Direct material costs
D) Indirect material costs

Question 46

RAM Manufacturing LLC is a rapidly growing manufacturer of parts for the automotive industry. Maeve is a newly hired cost accountant. RAM Manufacturing's has developed a new disc brake that lasts longer than brakes from their competitors. After calculating all the direct, indirect and overhead costs, Maeve assigns a cost of $44.50 per disc brake assembly. RAM Manufacturing has manufactured 100,000 of their new disc brake and sold 60,000 to their largest customer. Before shipping any brakes to customers, what is their finished goods inventory?

A) $4,450,000
B) $2,670,000
C) $1,780,000
D) $3,570,000

Question 47

RAM Manufacturing LLC is a rapidly growing manufacturer of parts for the automotive industry. Maeve is a newly hired cost accountant. RAM Manufacturing's has developed a new disc brake that lasts longer than brakes from their competitors. After calculating all the direct, indirect and overhead costs, Maeve assigns a cost of $44.50 per disc brake assembly. RAM Manufacturing has manufactured 100,000 of their new disc brake and sold 60,000 to their largest customer. After shipping the 60,000 disc brakes to this largest customer, what is their cost of goods sold?

A) $4,450,000
B) $2,670,000
C) $1,780,000
D) $3,570,000

Question 48

RAM Manufacturing LLC is a rapidly growing manufacturer of parts for the automotive industry. Maeve is a newly hired cost accountant. RAM Manufacturing's has developed a new disc brake that lasts longer than brakes from their competitors. After calculating all the direct, indirect and overhead costs, Maeve assigns a cost of $44.50 per disc brake assembly. RAM Manufacturing has manufactured 100,000 of their new disc brake and sold 60,000 to their largest customer. After shipping the 60,000 disc brakes to the largest customer, what is their remaining finished goods inventory?

A) $4,450,000
B) $2,670,000
C) $1,780,000
D) $3,570,000

Question 49

Cost accounting assigns production costs differently, depending on the product or service. Which choice below best describes activity-based costing?

A) Activity-based costing assigns costs to products or services that meet specific needs of an individual customer.
B) Activity-based costing determines the total cost of the production and averages it over the units produced.
C) Activity-based costing identifies specific business activity pools or fundamental business processes and then assigns costs based on the resources consumed by that activity or process.
D) Activity-based costing assigns costs based on the machinery they are manufactured on.

Question 50

Traditional cost accounting assigns production costs differently, depending on the product or service. Which cost accounting method is made easier by the implementation of an ERP system?

A) Activity-based costing
B) Machine setup costing
C) Job-order costing
D) Process costing

Question 51

The cost accounting function determines product costs, costs of goods sold, and inventory values for financial reporting purposes and management reporting. What is a sample control activity that could be used to control for misstatements in costs that may result in a material misstatement of financial reports?

A) Document and authorize product cost accounting procedures that describe costing methods.
B) Use a BOM for every product in all steps of production.
C) Allocate indirect labor and overhead to products on an approved and consistent basis.
D) Ensure that system development is reviewed by appropriate IT and accounting staff.

Question 52

The cost accounting function determines product costs, costs of goods sold, and inventory values for financial reporting purposes and management reporting. What is a sample control activity that could be used to control for inadequate product cost recording that may result in error, fraud, or financial losses?

A) Document and authorize product cost accounting procedures that describe costing methods.
B) Use a BOM for every product in all steps of production.
C) Implement change management and supporting IT general controls.
D) Ensure that system development is reviewed by appropriate IT and accounting staff.

Question 53

The cost accounting function determines product costs, costs of goods sold, and inventory values for financial reporting purposes and management reporting. What is a sample control activity that could be used to control for a poorly designed cost accounting system which may result in misallocation of costs to products?

A) Document and authorize product cost accounting procedures that describe costing methods.
B) Use a BOM for every product in all steps of production.
C) Control and account for raw materials issued to production.
D) Ensure that system development is reviewed by appropriate IT and accounting staff.

Question 54

Choose the best definition of digital manufacturing from the choices below.

A) Digital manufacturing involves automated, digital processes using Industrial Internet of Things (IIoT) technologies.
B) Digital manufacturing involves manual, digital processes using Industrial Internet of Things (IIoT) technologies.
C) Digital manufacturing involves automated, analog processes using Industrial Internet of Things (IIoT) technologies.
D) Digital manufacturing involves automated, digital data using Industrial Internet of Things (IIoT) technologies.

Question 55

Choose the best definition of digital twin from the choices below.

A) A digital twin involves using Industrial Internet of Things (IIoT) technologies to virtually manufacture a product.
B) A digital twin is a digital duplicate or software model of the physical object.
C) A digital twin is manufacturing a duplicate product in clay for testing purposes.
D) A digital twin is when an organization tests a product in the field.

Question 56

A digital factory that is connected, networked, and fully integrated creates opportunities to minimize costs of downtime and underperformance in production and to enable the best output from factory assets and employees. What is an advantage that companies see by using digital manufacturing?

A) A digital factory requires securing every network, cloud platform, operating system, and application across its supply chain and production network.
B) Employees might be resistant to change if they fear losing their jobs.
C) Predicting and preempting machinery and equipment failure by performing functions like self-calibration and self-diagnosis.
D) Leadership support plays an essential role in the success of an initiative.

Question 57

A digital factory that is connected, networked, and fully integrated creates opportunities to minimize costs of downtime and underperformance in production and to enable the best output from factory assets and employees. What is an advantage that companies see by using digital manufacturing?

A) A digital factory requires securing every network, cloud platform, operating system, and application across its supply chain and production network.
B) Employees might be resistant to change if they fear losing their jobs.
C) Leadership support plays an essential role in the success of an initiative.
D) Maintaining machinery and equipment using proactive real-time monitoring with a predictive maintenance model.

Question 58

A digital factory that is connected, networked, and fully integrated creates opportunities to minimize costs of downtime and underperformance in production and to enable the best output from factory assets and employees. What is an advantage that companies see by using digital manufacturing?

A) Connecting equipment and asset sensors to the cloud to improve equipment reliability and reduce unplanned outages.
B) A digital factory requires securing every network, cloud platform, operating system, and application across its supply chain and production network.
C) Employees might be resistant to change if they fear losing their jobs.
D) Leadership support plays an essential role in the success of an initiative.

Question 59

A digital factory that is connected, networked, and fully integrated creates opportunities to minimize costs of downtime and underperformance in production and to enable the best output from factory assets and employees. What is an advantage that companies see by using digital manufacturing?

A) A digital factory requires securing every network, cloud platform, operating system, and application across its supply chain and production network.
B) Processing employee performance metrics through machine learning data models to identify at-risk employees and use the data to improve productivity and reduce attrition.
C) Employees might be resistant to change if they fear losing their jobs.
D) Leadership support plays an essential role in the success of an initiative.

Question 60

A digital factory that is connected, networked, and fully integrated creates opportunities to minimize costs of downtime and underperformance in production and to enable the best output from factory assets and employees. What is an advantage that companies see by using digital manufacturing?

A) A digital factory requires securing every network, cloud platform, operating system, and application across its supply chain and production network.
B) Employees might be resistant to change if they fear losing their jobs.
C) Eliminating manufacturing traffic jams
D) Leadership support plays an essential role in the success of an initiative.

Question 61

A digital factory that is connected, networked, and fully integrated creates opportunities to minimize costs of downtime and underperformance in production and to enable the best output from factory assets and employees. What is an advantage that companies see by using digital manufacturing?

A) A digital factory requires securing every network, cloud platform, operating system, and application across its supply chain and production network.
B) Employees might be resistant to change if they fear losing their jobs.
C) Leadership support plays an essential role in the success of an initiative.
D) Decreasing manufacturing cycle times, which is the time required to produce an order.

Question 62

A digital factory that is connected, networked, and fully integrated creates opportunities to minimize costs of downtime and underperformance in production and to enable the best output from factory assets and employees. What is an advantage that companies see by using digital manufacturing?

A) Using a digital twin for a product to improve measurement and manufacturing accuracy.
B) A digital factory requires securing every network, cloud platform, operating system, and application across its supply chain and production network.
C) Employees might be resistant to change if they fear losing their jobs.
D) Leadership support plays an essential role in the success of an initiative.

Question 63

A digital factory that is connected, networked, and fully integrated creates opportunities to minimize costs of downtime and underperformance in production and to enable the best output from factory assets and employees. What is an advantage that companies see by using digital manufacturing?

A) A digital factory requires securing every network, cloud platform, operating system, and application across its supply chain and production network.
B) Improving production quality and output
C) Employees might be resistant to change if they fear losing their jobs.
D) Leadership support plays an essential role in the success of an initiative.

Question 64

A digital factory that is connected, networked, and fully integrated creates opportunities to minimize costs of downtime and underperformance in production and to enable the best output from factory assets and employees. What is an advantage that companies see by using digital manufacturing?

A) A digital factory requires securing every network, cloud platform, operating system, and application across its supply chain and production network.
B) Employees might be resistant to change if they fear losing their jobs.
C) Providing more flexibility to meet customer demands
D) Leadership support plays an essential role in the success of an initiative.

Question 65

A digital factory that is connected, networked, and fully integrated creates opportunities to minimize costs of downtime and underperformance in production and to enable the best output from factory assets and employees. What is a challenge that companies face when using digital manufacturing?

A) A manufacturer needs to secure every network, cloud platform, operating system, and application across its supply chain and production network.
B) Eliminating manufacturing traffic jams
C) Maintaining machinery and equipment using proactive real-time monitoring with a predictive maintenance model
D) Decreasing manufacturing cycle times, which is the time required to produce an order

Question 66

A digital factory that is connected, networked, and fully integrated creates opportunities to minimize costs of downtime and underperformance in production and to enable the best output from factory assets and employees. What is a challenge that companies face when using digital manufacturing?

A) Eliminating manufacturing traffic jams
B) IIoT generates huge amounts of data.
C) Maintaining machinery and equipment using proactive real-time monitoring with a predictive maintenance model
D) Decreasing manufacturing cycle times, which is the time required to produce an order

Question 67

A digital factory that is connected, networked, and fully integrated creates opportunities to minimize costs of downtime and underperformance in production and to enable the best output from factory assets and employees. What is a challenge that companies face when using digital manufacturing?

A) Eliminating manufacturing traffic jams
B) Maintaining machinery and equipment using proactive real-time monitoring with a predictive maintenance model
C) Corporate risk appetites may not align with IIoT risks.
D) Decreasing manufacturing cycle times, which is the time required to produce an order

Question 68

A digital factory that is connected, networked, and fully integrated creates opportunities to minimize costs of downtime and underperformance in production and to enable the best output from factory assets and employees. What is a challenge that companies face when using digital manufacturing?

A) Eliminating manufacturing traffic jams
B) Maintaining machinery and equipment using proactive real-time monitoring with a predictive maintenance model
C) Decreasing manufacturing cycle times, which is the time required to produce an order
D) Immature and fragmented business processes present a barrier to delivering intelligent automation.

Question 69

A digital factory that is connected, networked, and fully integrated creates opportunities to minimize costs of downtime and underperformance in production and to enable the best output from factory assets and employees. What is a challenge that companies face when using digital manufacturing?

A) Employees might resist change if they fear losing their jobs. They might enjoy a comfort level and familiarity with existing processes and systems.
B) Eliminating manufacturing traffic jams
C) Maintaining machinery and equipment using proactive real-time monitoring with a predictive maintenance model
D) Decreasing manufacturing cycle times, which is the time required to produce an order

Question 70

A digital factory that is connected, networked, and fully integrated creates opportunities to minimize costs of downtime and underperformance in production and to enable the best output from factory assets and employees. What is a challenge that companies face when using digital manufacturing?

A) Eliminating manufacturing traffic jams
B) Leadership support plays an essential role in the success of an initiative.
C) Maintaining machinery and equipment using proactive real-time monitoring with a predictive maintenance model
D) Decreasing manufacturing cycle times, which is the time required to produce an order

Question 71

A digital factory that is connected, networked, and fully integrated creates opportunities to minimize costs of downtime and underperformance in production and to enable the best output from factory assets and employees. What is a challenge that companies face when using digital manufacturing?

A) Eliminating manufacturing traffic jams
B) Maintaining machinery and equipment using proactive real-time monitoring with a predictive maintenance model
C) Implementing advanced technologies like these can be challenging for many IT departments
D) Decreasing manufacturing cycle times, which is the time required to produce an order

Question 72

The manufacturing conversion and supply chain management processes involve 11 ERP features from the Financial, Production, and Supply Chain Management modules. Which of the following modules is part of the manufacturing conversion and supply chain management processes?

A) Production
B) Human resources management
C) Customer relationship management
D) Sales management

Question 73

The manufacturing conversion and supply chain management processes involve 11 ERP features from the Financial, Production, and Supply Chain Management modules. Which of the following modules is part of the manufacturing conversion and supply chain management processes?

A) Human resources management
B) Financial
C) Customer relationship management
D) Sales management

Question 74

The manufacturing conversion and supply chain management processes involve 11 ERP features from the Financial, Production, and Supply Chain Management modules. Which of the following modules is part of the manufacturing conversion and supply chain management processes?

A) Human resources management
B) Customer relationship management
C) Supply chain management
D) Sales management

Question 75

What is one of the key tables that store data needed in the manufacturing conversion process?

A) Bill of material
B) Sales
C) Employee
D) Customer

Question 76

What is one of the key tables that store data needed in the manufacturing conversion process?

A) Sales
B) Vendor
C) Employee
D) Customer

Question 77

Production reports range from source documents to key metrics. Which is the best description of a production plan?

A) A long-term plan depicting what will be produced and when based on customer product demand and allocation of resources
B) A list of raw materials, steps, and parts needed to manufacture a product
C) A list of sequential steps followed to manufacture a product
D) A build plan that compiles planned orders into a short-term schedule

Question 78

Production reports range from source documents to key metrics. Which is the best description of a bill of materials (BOM)?

A) A long-term plan depicting what will be produced and when based on customer product demand and allocation of resources
B) A list of raw materials, steps, and parts needed to manufacture a product
C) A list of sequential steps followed to manufacture a product
D) A build plan that compiles planned orders into a short-term schedule

Question 79

Production reports range from source documents to key metrics. Which is best description of a bill of operations (BOO)?

A) A long-term plan depicting what will be produced and when based on the customer product demand and allocation of resources
B) A list of raw materials, steps, and parts needed to manufacture a product
C) A list of sequential steps followed to manufacture a product
D) A build plan that compiles planned orders into a short-term schedule

Question 80

Production reports range from source documents to key metrics. Which is the best description of a master production schedule (MPS)?

A) A long-term plan depicting what will be produced and when based on customer product demand and allocation of resources
B) A list of raw materials, steps, and parts needed to manufacture a product
C) A list of sequential steps followed to manufacture a product
D) A build plan that compiles planned orders into a short-term schedule