A flexible manufacturing system (FMS) combines flexibility with higher efficiency.
The Delphi method generates forecasts based on informed judgments and opinions from
knowledgeable individuals.
Job design includes determining the characteristics a worker needs to meet the job
requirements.
The combination of several modes of transportation is called intermodal transportation.
ERP is beneficial because it transforms transactional data into information that can be
used to support decision making.
Empowerment involves giving employees the authority and responsibility to innovate
and act on their own.
Supplier speed is rarely an important consideration in outsourcing decisions.
Two-thirds of today’s businesses operate globally.
A typical project team is cross-functional consisting of members throughout an
organization.
A process capability ratio greater than one shows that a process is capable of producing
output within its specification limits.
If service times are exponentially distributed then service rates are normally distributed.
Learning curves are useful for measuring work improvement for repetitive, simple jobs
requiring short times to complete.
The number of parallel servers in waiting line analysis is referred to as the number of
phases.
Financial constraints are one of the major inputs of the sales and operations planning
process.
The European Union requires that strict quality and environmental standards be met
before companies can do business with member countries.
In the dual kanban system, a withdrawal kanban authorizes the movement of goods.
The popularity of Excel and other data analysis software has been a major factor in the
increased use of statistical process control.
Waiting line analysis should be applied only to situations with an infinite calling
population.