Exam 16: Just-In-Time and Lean Options

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__________ is the Japanese word for card that has come to mean "signal."

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The number of kanbans should be equal to

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Which of the following is true regarding the steps to reducing setup times?

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Which of the following is false regarding the links between JIT and quality?

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Identify the inventory tactics appropriate for a JIT environment.

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Labor cost for set-up is $500/hour. If the plant plans on level material use and operates 50 days per year, determine the time it takes to setup. Labor cost for set-up is $500/hour. If the plant plans on level material use and operates 50 days per year, determine the time it takes to setup.

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Which one of the following statements is true regarding JIT inventory?

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Identify JIT policies for and expectations of suppliers.

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In the quest for competitive advantage, which of the following is a JIT requirement?

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In JIT partnerships, suppliers have several concerns. Which of the following is not such a concern?

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The word "kanban" means

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Daily usage of a part is 20 in a facility that operates 250 days of the year. Setup cost is $20 and annualized carrying cost is $210. Production of this part occurs at the rate of 50 per day when production of the part is underway. Lead time is 1 day; safety stock is 1/2 day's production. What is the optimum kanban size, and number of kanbans?

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The 5S term __________ includes analysis to improve workflow and reduce wasted motion.

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Concerning relationships with suppliers, which of the following combinations is critical to the success of JIT?

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Which of the following is not a goal of JIT partnerships?

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Daily usage of an assembly is 100 in a facility that operates 300 days of the year. Setup cost is $5 and annualized carrying cost is $160. Production of this assembly occurs at the rate of 400 per day when production of the assembly is underway. Lead time is 3 days; safety stock is 1/2 day's production. What is the optimum kanban size, and number of kanbans?

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TPS stands for Total Production Streamlining.

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Many suppliers feel that having a variety of customers is better than being tied to long-term contracts with one customer.

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Kanban is associated with all of the following except

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Lower average inventory is feasible only if setup times are short.

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