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22 Cards in this Set

  • Front
  • Back
1. Why is manufacturing important to the economy?
A. It adds value to products to generate wealth.
B. It uses natural resources and prevents waste.
C. It decreases employment and generates wealth.
D. It prevents waste and decreases employment.
A
2. In a conventional manufacturing environment, which of the following objectives are in conflict?
A. Maximize customer service and increasing inventory investment.
B. Minimize production costs and increasing inventory investment.
C. Minimize production costs and decreasing inventory investment.
D. Minimize customer service and decreasing inventory investment.
C
3. Which of the following statements is true?
A. The objectives of marketing and production can be met with higher inventories.
B. The objectives of marketing and finance can be met with higher inventories.
C. The objectives of marketing and production can be met with lower inventories.
D. The objectives of marketing and finance can be met with lower inventories.
A
4. Which of the following manufacturing environments, or manufacturing strategies, produces the longest delivery lead time?
A. MTO
B. ATO
C. MTS
D. Continuous Manufacturing
A
5. Which of the following is a major objective of materials management?
A. Provide sufficient equitable employment.
B. Provide the required level of customer service.
C. Support cost accounting by decreasing inventory turns.
D. Provide cost information for management decisions.
B
6. Which of the following are primary activities of MPC.
A. Inventory management and cost information.
B. Sales support and cost information.
C. Production planning and inventory management.
D. Sales support, implementation, and control.
C
7. Which of the following is the performance measure that relates to daily work routines, such as cycle time and utilization?
A. Tactical
B. Strategic
C. Operational
D. Reliability
C
8. Which of the following systems is unique in its focus on the reduction of defects by reducing variation?
A. Lean
B. Six Sigma
C. ERP system
D. TOC
B
9. Which of the following statements is true about the product layout, or the continuous process?
A. Workstations are located according to the type of machinery.
B. Workflow is lumpy.
C. A wide variety of different products can be produced.
D. There is little buildup of WIP inventory.
D
10. Which of the following statements is true regarding process layout, or intermittent manufacturing?
A. Capital costs generally are higher than for product layout.
B. Special-purpose machinery is used.
C. Each workstation must be flexible.
D. There is little buildup of WIP inventory.
C
The worth of an item, good of service?
VALUE
A production environment where products can be and usually are finished before receipt of a customer order?
MTS
Actual customer descriptions in words for the functions and features customers desire for goods and services?
VOICE OF THE CUSTOMER
The set of functional plans (production plan, sales plan, mktg plan) synchronizing activities across functions that specify production levels, capacity levels, staffing levels, funding levels, and so on, for achieving the intermediate goals and objectives to support the organization’s strategic plan?
TACTICAL PLAN
The creation of a high-volume product with large variety so that a customer may specify an exact model out of a large volume of possible end items, while manufacturing cost is low due to large volume?
MASS CUSTOMIZATION
Physical arrangement of resources or centers of economic activity (machines, groups of people, workstations, storage areas, aisles) within a facility?
LAYOUT
Products whose customer specifications require unique engineering design, significant customization, or new purchased materials?
ETO
A production environment where a good or service can be assembled after receipt of a customer’s order?
ATO
Sales – costs of goods sold?
GROSS PROFIT
A production environment where a good or service can be made after receipt of a customer’s order?
MTO
The global network used to deliver products and services from raw materials to end customers through an engineered flow of information, physical distribution, and cash?
SUPPLY CHAIN
Framework for organizing, defining, and standardizing the business processes necessary to effectively plan and control an organization so the organization can use its internal knowledge to seek external advantage?
ERP