Exam 5: The Order Fulfillment Process: Managing the Physical Flow Infrastructure

Fill in the Blank(s) -Today's focus on_______ competencies has led many companies to outsource value-added activities such as light assembly, inventory management, and distribution services.

At world class companies, education and training are the foundation for successful human resource policies.

________design is a manufacturing activity that refers to the technology selection and work design that is based on production volumes, financial resources, and labor cost.

In a well-managed purchasing department, expediting a purchase order occurs typically on a ________percentage of material shipments.

Fill in the Blank(s) -_______performs the vital storage function, decoupling manufacturing from consumption and making product available when it is needed.

Fill in the Blank(s) -A measure known as the_______ ratio evaluates the number of days inventory sits idle compared to the number of days the inventory is moving.

The text suggests that lean practices and principles should be practiced upstream by its critical suppliers.

Fill in the Blank(s) -_______is the art and science of moving things from one point to another and storing them along the way.

Elaborate on the "lean" principle of 5S. Explain each and how they contribute to a lean operation.

________ determines how much and when to make specific products.