Podcast
Questions and Answers
What does 'engineer-to-order' mean?
What does 'engineer-to-order' mean?
- The customer's specifications require unique engineering design or significant customization (correct)
- The supplier manufactures the goods and sells from finished goods inventory
- The product is made from standard components that the manufacturer can inventory and assemble according to a customer order
- The manufacturer starts making the product only after receiving a customer's order
What is the characteristic of 'make-to-order' production?
What is the characteristic of 'make-to-order' production?
- The supplier manufactures the goods and sells from finished goods inventory
- Little design time required and inventory is held as raw material
- The manufacturer starts making the product only after receiving a customer's order (correct)
- The product is made from standard components that the manufacturer can inventory and assemble according to a customer order
What does 'assemble-to-order' production involve?
What does 'assemble-to-order' production involve?
- Little design time required and inventory is held as raw material
- The manufacturer starts making the product only after receiving a customer's order
- The supplier manufactures the goods and sells from finished goods inventory
- The product is made from standard components that the manufacturer can inventory and assemble according to a customer order (correct)
What characterizes 'make-to-stock' production?
What characterizes 'make-to-stock' production?
What are the three key questions to ask when planning for dependent demand in Material Requirements Planning (MRP)?
What are the three key questions to ask when planning for dependent demand in Material Requirements Planning (MRP)?