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16 Cards in this Set
- Front
- Back
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1. Which of the following best specifies the flow of material through the production process of manufacturing an orbital satellite?
A. V B. A C. T D. I |
A
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2. In a simplified DBR system, what is the throughput-based constraint?
A. Raw materials B. Shipping point C. The active bottleneck D. The market |
D
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3. What is the throughput if sales revenue equals $250 million and true variable costs equal $100 million?
A. $350 million B. $150 million C. $100 million D. $2.5 million |
B
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4. Which one of the steps from the five focusing steps represents the likely point where an organization would add more resources to the CCR?
A. Identify the constraint. B. Exploit the constraint. C. Subordinate everything else. D. Elevate the constraint. |
D
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In TOC, a network planning technique for the analysis of a project’s completion time, used for planning and controlling project activities?
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CRITICAL CHAIN METHOD
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Capacity that is not used to either produce or protect the creation of throughput?
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EXCESS CAPACITY
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A holistic management philosophy developed by Dr. Eliyahu M Goldratt that is based on the principle that complex systems exhibit inherent simplicity.
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THEORY OF CONSTRAINTS
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In TOC, a process to continuously improve organizational profit by evaluating the production system and market mix to determine how to make the most profit using the system constraint?
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FIVE FOCUSING STEPS
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The resource capacity needed to protect system throughput – ensuring that some capacity above the capacity required to exploit the constraint is available to catch up when disruptions inevitably occur?
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PROTECTIVE CAPACITY
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IN TOC, throughput, inventory, and operating expense are considered performance measures that link operational decisions to organizational profit?
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TOC PERFORMANCE MEASURES
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A management accounting method based on the belief that, because every system has a constraint that limits global performance, the most effective way to evaluate the impact that any proposed action will have on the system as a whole is to look at the expected changes in the global measures of throughput, inventory, and operating expense?
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THROUGHPUT ACCOUNTING
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In TOC, a process in which all expediting in a shop is driven by what is scheduled to be in the buffers (constraint, shipping, and assembly buffers)?
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BUFFER MANAGEMENT
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Any element or factor that prevents a system from achieving a higher level of performance with respect to its goal?
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CONSTRAINT
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A group of interrelated facilities – manufacturing and one or more levels of warehousing – linking the production, storage, and consumption activities for spare parts and finished goods inventory?
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DISTRIBUTION SYSTEM
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The TOC method for scheduling and managing operations that have an internal constraint or CCR?
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DRUM BUFFER ROPE
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A facility, function, department, or resource whose capacity is less than the demand placed upon it?
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BOTTLENECK
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