- Description
OPS 571 Wk 3 – Apply: Week 3 Exam
Complete the Week 3 Exam in McGraw-Hill Connect.
Dr. Eli Goldratt feels that the goal of a firm is to make useful products efficiently.
An activity where the parts that go into each unit of a product are periodically removed from inventory and accounted for based on the number of units produced is called which of the following?
Multiple Choice
Frozen window
Backflush
Level schedule
Group technology
Kanban
Smaller transfer batches give lower work-in-process inventory and faster product flow.
JIT production means that we produce the product before it is required so the customer does not wait for the product.
Group technology is a philosophy wherein similar parts are grouped together and the processes required to make the parts are arranged as a work cell.
According to the theory of constraints, which of the following is a financial measurement that can be used to measure the firm’s ability to make money?
Multiple Choice
Net profit
Throughput
Inventory
Sales
Retained earnings
Which of the following are related to lean production?
Multiple Choice
A philosophy of waste elimination
Lean consumption
Never running out of inventory
TheWahei-Subaru method
Full use of capacity
Preventive maintenance is emphasized in lean production to ensure that flows are not interrupted by downtime or malfunctioning equipment.
According to the theory of constraints, a non-bottleneck is any resource where capacity is less than the demand placed on it.
The effects of statistical variations in processing times in a dependent sequence will eventually cancel themselves out due to the law of averages.
You have been called in as a consultant to set up a kanban control system. The first thing you do is to determine the number of kanban card sets needed. Your research shows that the expected demand during lead time for a particular component is 1,200 per hour. You estimate the safety stock should be set at 5 percent of the demand during lead time. The tote trays used as containers can hold 2 units of stock, and the lead time to replenish an order is 10 hours. Which of the following is the number of kanban card sets necessary to support this situation?
Multiple Choice
5,000
5,500
6,300
6,500
7,000
In setting up a kanban control system you need to determine the number of kanban card sets needed. If the expected demand during lead time is 25 per hour, the safety stock is 20 percent of the demand during lead time, the container size is 5, and the lead time to replenish an order is 5 hours, what the number of kanban card sets is needed?
Multiple Choice
5
20
27
30
34
In setting up a Kanban control system you need to determine the number of kanban card sets needed. If assume the expected demand during lead time is 50 per hour, the safety stock is 20 percent of the demand during lead time, the container size is 4, and the lead time to replenish an order is 8 hours, what number of Kanban card sets is needed?
Multiple Choice
60
80
90
120
150
Looking at the loads that are placed on each resource by the products that are scheduled through them is called process flow profiling.
following is not listed in the textbook as a component of a lean supply chain?
Multiple Choice
Lean customers
Lean management
Lean logistics
Lean warehousing
Lean procurement
Which of the following is an element that addresses elimination of waste under lean production?
Multiple Choice
Production ahead of demand
Group plant loading technology
Kanban production control system
Minimized run times
Full capacity utilization
Lean production is an integrated set of activities designed to achieve high-volume production using minimal inventories of raw materials, work-in-process, and finished goods.
The term “dependent events” refers to a process sequence.
Subcontractor networks are not very important in Japanese manufacturing.
According to the theory of constraints, a bottleneck is any resource whose capacity is greater than the demand placed on it.
From an operations standpoint, one of the goals of the firm under the theory of constraints is to increase throughput while simultaneously reducing inventory and reducing operating expense.
Which of the following address elimination of waste under lean production?
Multiple Choice
Info-matic warehouse networks
Outsourced housekeeping
Quality at the source
Backflush
Bottom-round management
A way to find a bottleneck is to use one’s knowledge of a particular plant, look at the system in operation, and talk with supervisors and workers.
In the textbook, Toyota’s Fujio Cho identified which of the following types of waste to be eliminated?
Multiple Choice
Underproduction
Excess quality
Preventive maintenance
Product defects
Kaizen
Lean production requires a “push and pull” system of inventory replenishment.