Exam 16: Just-In-Time and Lean Options

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When suppliers are encouraged to locate near manufacturing plants, the goal of the JIT partnership is to reduce __________ inventory.

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With level schedules, a few large batches, rather than frequent small batches, are processed.

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Factory X is trying to use level use scheduling. If their first target were to cut the current lot size in half, by what proportion must setup cost change?

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Characteristics of JIT partnerships with respect to suppliers include

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Lead time for computers is 7 days with daily demand of 5 computers and a safety stock of 1 day. Each kanban holds 8 computers. What is the correct number of kanbans?

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A product has annual demand of 100,000 units. The plant manager wants production to follow a four-hour cycle. Based on the following data, what setup cost will enable the desired production cycle? d=400 per day (250 days per year), p=4000 units per day, H=$40 per unit per year, and Q=200 (demand for four hours, half a day).

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Great Lakes Barge and Baggage Company makes, among other things, battery-operated bilge pumps. Which of the following activities is not part of JIT? They

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Just-in-time systems make demands on layouts, including

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Differentiate between a push and a pull system.

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JIT brings about competitive advantage by faster response to the customer regardless of cost.

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What is a kanban?

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A certain product has been effectively managed in the past, according to its managers. The previous technique used the economic production quantity model, and resulted in an optimum lot size of 100. For this product, setup time is directly proportional to setup cost, and setup time is currently 40 minutes per batch. How much must setup time decline in order for the lot size to fall to 50 units? 25 units? 10 units?

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Throughput measures the time

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A bakery uses 5 containers that hold 3 cakes. Daily demand is 10 cakes and safety stock is 5 cakes. What is the lead time?

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__________ allows manufacturing work cells and offices to be easily rearranged.

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Which of the following is the author of the phrase "Inventory is evil"?

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Which of the following is characteristic of lean operations?

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JIT suppliers have concerns that the JIT firm's demands for small lot sizes are simply a way of transferring holding cost from manufacturer firm to the supplier firm.

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__________ involves scheduling products so that each day's production meets the demand for that day.

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Which of the following is not characteristic of a TPS employee?

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