Supply Chain Planning and Execution (200 Questions)
eBodhisathva Solutions prepared the Practice Questions to help the certification aspirants to test their knowledge. The Questions are associated with answers and detailed explanations. These explanations not only provide the needed clarity on the topic. They in addition, provide a small scale notes on the topic. Many clarifications include discussions around the topic, complementary terms and subjects as well as relevant examples.
As an example, please look at the Question and the corresponding answer and explanation.
The Least Unit Cost (LUC) approach produces an irregular interval between replenishment orders on the basis of the number of weeks that will minimize unit cost. (True or False)
In Least cost per Unit (LCU) Lot sizing method the order size is determined such that the demand for the next few periods will be met, with average cost per unit at the minimum.
For each possible number of period, the ordering and carrying costs are computed to arrive at the possible average unit price. The number of periods for which you want to order is determined on the basis of for which number of periods the average unit price is the least.
For the visible demand, the cost per unit in 1 week, 2 weeks, 3 weeks and 4 weeks will be computed. If the least unit price is estimated at 3 weeks period, the order size will be equal to requirements in the coming 3 weeks.
Because the order size is always determined based on number of periods of requirements (against which the average unit price is minimum), the ordering intervals keep changing.
This set of Practice questions helps students refresh their knowledge by checking their level of understanding in Manufacturing Planning and Execution. There are four kits with about 200 well designed Questions The intention of making one large kit covering the diverse topics is to create an experience close to one of the REAL exams.
The topics covered include Manufacturing, Forecasting, Planning (Production, Procurement and JIT) Logistics, Distribution Requirement Planning, Capacity Requirement planning, Inventory, Production activity Control, Quality, Order Promising and Customer Service.
Manufacturing Planning and Execution set 1 ( 80 Questions)Majority of Questions in this set are from
Shop Floor Management,
Planning (MPS, MRP & CRP) and
Manufacturing Planning and Execution set 2 (40 Questions)Majority of Questions in this Set are from
Just-in-Time and Inventory Management
Manufacturing Planning and Execution set 3 (40 Questions)Majority of Questions in this Set are from
Inventory lot sizing, Valuation, quality (obsolescence, Non-Conforming etc)
Customer service, Safety stock and Safety Time, order Promising
MRP (planned, open and Firm orders, Lead times, Planning etc)
Shop Floor management (Throughput, I/O control, Capacity planning etc)
Manufacturing Planning and Execution set 4 (40 Questions)
While the questions are based on the Production and Inventory Management concepts many questions are scenario based. And good number of questions has combination of multiple options as the right answer to enable the aspirants consolidate their understanding to the full extent. The answers are associated with explanation on the correct answer option and why other options are not correct or not relevant in the context of the Question. Some of the answers can be correct in relevance to the scenario and best among the answer options given.
Students will agree there was long and deep thought process while designing the questions to sharpen the concepts, consolidate the understanding of concepts as well as the platform to check the level of knowledge attained. We wish you the greatest success in enriching the knowledge and certification.
We wish a great success to all our enrolled students.
Disclaimer: We are providing the practice questions with intention to help the students test their knowledge in the space of Supply Chain and prepare for certifications relevant to this Subject. We are however not associated with any Certification Providers or their partners.
Who this course is for:
- Practitioners with Business understanding
- Experienced in Production and Inventory Management,
- Experienced in Supply Change Management, Procurement & Material Management, and Purchasing & Planning
- Professionals with ERP Product experience but with limited understanding on the Domain concepts
- People in the Strategic roles in the Manufacturing Industries
Ours is a partnership firm started in 2005, with offices in Bangalore and Hyderabad, India and San jose, USA. We worked as partners to EXAMPRO, HONGKONG for about 6 years before transforming to Independent Providers.
eBodhisathva believes in offering the best value to the customer by minimizing all other overheads which are duly passed to customer in the form of price. In other words we believe that the price is the value customer experiences and NOT the costs of administrative and other overheads. We believe that our customer is aware that any fancy spending by the firm is in reality absorbed from the customer without adding value to the customer.The fact that major share of our investment goes to the value providers who are creators of the valuable intellectual content for the customers, indicates how determined the firm is for ensuring the best value to customers.Any spend that does not add value to customer is cost for the firm and for the customer.
We have a team that has good industrial and academic background with certifications such as APICS CPIM,CIERP,CISA,CBCP,CQA and PMP. In addition some of the team members were authors of many thought provoking literature in the area such as DesignThinking, ERP Implementation, Business Ethics in IT, Center of Excellence and Value Added Tax .
Our key advisors are Raja Ivaturi and Venkat Manthripragada. Both have vast experience of more than 30 year in multiple domains of Banking, Financials, Manufacturing, Utilities, Public Sector, Automobiles and Telecom. Their combined experience include international roles leading business units of continents such as Africa, Middle-East, APAC and Europe.
I am Happy to be associated with Udemy as an Instructor having around 9000+ students and the count goes on....ready to devote more on building new Courses and helping students with the up-to date content/solutions...
I have been an SAP SD/MM consultant for 15 + years , also worked on core areas of SCM/Financials/S/4 HANA. Delivered E2E implementation/ Support/ Audit and roll-out Projects in the domains Retail/ Hi-Tech/health Care/ Agriculture/ Service domains
Worked in US/Europe/Middle east and India on various engagements for clients like DuPont/Adobe/GE/Sanofi/Baker and McKenzie Etc
Training/ Teaching has been a great passion for me and delivered internal and external trainings ,also developed LMS modules with simplified leaning courses