Check your knowledge

1.

Which one of the following scenarios would not be a good indication that the company should investigate using Process manufacturing in Supply Chain Management?

Production is completed in batches with specified batch sizes.

Shelf life tracking is required on raw materials and finished goods.

Products are assembled from a fixed quantity of components.

Production includes a yield factor to account for loss during production.

2.

Which one of the following statements about catch weight items is false?

Catch weight items are typically priced by weight or volume..

Catch weight items are individual units with a standard price

A catch weight item with full visibility requires that each unit of inventory is assigned a unique serial number, and that the specific weight of the inventory unit is recorded.

For a catch weight item with partial visibility, one or more units of inventory use the same serial number or batch number

3.

Which of the following options is not a production type?

Formula

Bill of material

Shelf life

Co-product

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