Which of the following types of layouts is most efficient in a lean production environment?
Which of the following types of layouts is most efficient in a lean production environment?A . IslandsB . Connected islandsC . Functional layoutD . CellsView AnswerAnswer: D
A production rate based on customer demand is called:
A production rate based on customer demand is called:A . cycle time.B . tact time.C . lead time.D . queue time.View AnswerAnswer: B
Which demand management activity includes processing a customer request and making material available for production or shipping?
Which demand management activity includes processing a customer request and making material available for production or shipping?A . ForecastingB . Order processingC . Providing available-to-promise datesD . Communicating with the marketplaceView AnswerAnswer: B
The lean production concept works best in which of the following manufacturing environments?
The lean production concept works best in which of the following manufacturing environments?A . Make-to-orderB . IntermittentC . ProjectD . FlowView AnswerAnswer: D
When demand is uncertain, what is the most appropriate action to take?
When demand is uncertain, what is the most appropriate action to take?A . Recalculate safety stockB . Increase order quantityC . Change method of transportationD . Increase number of warehouses for distributionView AnswerAnswer: A
Which of the following forecasting techniques reviews a company's sales history?
Which of the following forecasting techniques reviews a company's sales history?A . QualitativeB . DelphiC . ExtrinsicD . IntrinsicView AnswerAnswer: D
Which of the following describes a competitive characteristic that a firm must exhibit to be considered as a supplier in a market?
Which of the following describes a competitive characteristic that a firm must exhibit to be considered as a supplier in a market?A . Marketing researchB . Manufacturing automationC . Order qualifierD . Order winnerView AnswerAnswer: C
Which of the following issues would be of greatest concern for a company choosing to reduce its finished goods inventory?
Which of the following issues would be of greatest concern for a company choosing to reduce its finished goods inventory?A . Long production changeover timeB . Customer service expectationsC . Product quality requirementsD . Product shelf life constraintsView AnswerAnswer: B
What is the carrying cost?
The question below is based on the following cost information: What is the carrying cost?A . 14%B . 16%C . 20%D . 25%View AnswerAnswer: D
Which of the following concepts could a firm implement to reduce defects?
Which of the following concepts could a firm implement to reduce defects?A . HanseiB . JidokaC . MuriD . HeijunkaView AnswerAnswer: B