LTPD in acceptance sampling stands for lot tolerance for parts defective.
Process velocity is the ratio of the total throughput time to the value added time.
One of the competitive dimensions that form the competitive position of a company
when planning its strategies is making the best trade-off.
In causal relationship forecasting, leading indicators are used to forecast occurrences.
If the sum of the task times required to produce a product is 45 minutes and the cycle
time for the same product is 10 minutes, the theoretical minimum number of
workstations is 5 using the assembly-line balancing procedure.
Services are intangible processes that cannot be weighed or measured.
The capability index (Cpk) indicates the position of the mean and tails of a process’s
variance relative to design specifications.
Logistics is a term that refers to the management functions that support the complete
cycle of material flow, from the purchase and internal control of production materials;
to the planning and control of work-in-process; to the purchasing, shipping, and
distribution of the finished product.
In a practical sense, a finite population is one that potentially would form a very long
line in relation to the capacity of the serving system.
Decoupling points are IV and electronic monitoring connections, which are decoupled
when a patient is moved from an operating room to recovery.
Firms producing functional products are forced to introduce a steady stream of
innovations in order to survive.
Quality management software supports the activities associated with planning and
performing repairs and preventive maintenance.
The optimal strategy for functional products is to use a responsive supply chain.
The larger the capacity cushion, the better.
Fixed-time-period inventory models are “event triggered.”
Which of the following address elimination of waste under lean production?
A. Info-matic warehouse networks
B. Outsourced housekeeping
C. Quality at the source
D. Backflush
E. Bottom-round management
Ownership costs are incurred after the initial purchase and are associated with the
ongoing use of the product or material. Which of the following is not an ownership cost
listed in the text?
A. Financing costs
B. Energy costs
C. Taxes
D. Maintenance and repair costs
E. Supply network costs
According to the theory of constraints, which of the following can be a CCR?
A. Factory layout
B. Product design
C. An employee
D. A customer
E. Sales literature
Assume you are sequencing jobs using Johnson’s rule. A particular job requires 7 hours
to assemble and then is followed by 8 hours in the painting department. Which of the
following is where you would schedule this job?
A. As early as possible in the unfilled job sequence.
B. As late as possible in the unfilled job sequence.
C. The schedule would depend on the due date.
D. Does not matter.
E. Johnson’s Rule does not apply.
You have determined that a 60 percent learning curve is appropriate for a task. If your
initial timing of person performing that task was 35 minutes and if you need the task
performed 1,000 times, how many minutes of work will be required?
A. 3,500.0 minutes
B. 1,062.5 minutes
C. 705.25 minutes
D. 450.5 minutes
E. 220.3 minutes
Which of the following basic types of process structures is one in which similar
equipment or functions are grouped together?
A. Project
B. Work center
C. Manufacturing cell
D. Assembly line
E. Continuous process
Which of the following is one of the strategic characteristics to consider when deciding
how supplier relationships should be structured on the continuum between vertical
integration (do not outsource) and arm’s length relationships (outsource)?
A. Cost
B. Location
C. Investment
D. Coordination
E. Control
The six-step process for green sourcing does not include which of the following?
A. Assess the opportunity.
B. Assess the supply base.
C. Confer with environmental groups.
D. Engage sourcing agents.
E. Institutionalize the sourcing strategy.
What is the starting point in developing a capacity plan for a health care operation?
A. Forecasting patient demand for a reasonable length of time
B. Estimating design capacity
C. Discovery of the bottleneck operation
D. Determining the effective capacity over time
E. Holding a meeting of concerned staff physicians
A project can be subdivided into which of the following?
A. Job orders
B. Sub-jobs
C. Work packages
D. Sub-paths
E. Events and decisions
Name Fujio Cho’s seven prominent types of waste to be eliminated.(1)
___________________(2) ___________________(3) ___________________(4)
___________________(5) ___________________(6) ___________________(7)
___________________
If annual demand is 8,000 units, the ordering cost is $20 per order, and the holding cost
is $12.50 per unit per year, what is the optimal order quantity using the
fixed-order-quantity inventory model? _____________________________________.
Why does volatility of demand have a higher effect on a service delivery system than
on a manufacturing system?
Here are the data for a time-cost CPM scheduling analysis. The time is in days and the
costs include both direct and indirect costs.
If you crash this project to reduce the total time by four days, what is the total time of
the project and total cost? __________________
A company has calculated its running sum of forecast errors to be 400, and its mean
absolute deviation is exactly 25. What is the company’s tracking signal?
_________________________________
In Goldratt’s approach to project management, what is the longest set of sequential tasks
called? _____________________________________.
Give an example of a project layout in manufacturing.
________________________________