Exam 14: Products and Processes
Exam 1: Introduction to Materials Management30 Questions
Exam 2: Production Planning System30 Questions
Exam 3: Master Scheduling29 Questions
Exam 4: Material Requirements Planning30 Questions
Exam 5: Capacity Management30 Questions
Exam 6: Production Activity Control29 Questions
Exam 7: Purchasing30 Questions
Exam 8: Forecasting30 Questions
Exam 9: Inventory Fundamentals30 Questions
Exam 10: Order Quantities26 Questions
Exam 11: Independent Demand Ordering Systems29 Questions
Exam 12: Physical Inventory and Warehouse Management30 Questions
Exam 13: Physical Distribution30 Questions
Exam 14: Products and Processes30 Questions
Exam 15: Just-In-Time Manufacturing and Lean Production30 Questions
Exam 16: Total Quality Management30 Questions
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Project manufacturing is mostly used for large, complex projects such as ships or buildings.
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(True/False)
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True
Sometimes called a fishbone or an Ishikawa diagram, the cause- and- effect diagram is useful for identifying root causes.
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(True/False)
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True
Job________ trains workers to do several jobs so they can be moved from one job to another.
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(Multiple Choice)
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Correct Answer:
C
Given the following fixed and variable costs and the volumes, calculate the total and unit costs. Fixed costs Variable costs Volume in units Total cost Unit cost \ 200 \ 10 100 \ 200 \ 7 1000 \ 50 \ 15 20 \ 1,000 \ 1 2000 \ 500 \ 20 500
(Essay)
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A manufacturer has a choice of purchasing and installing a drilling machine having the drill work done by an outside supplier. For the in- house drilling the fixed costs are
$100,000 with a variable cost of $12. To purchase outside, the variable costs are $20 per unit.
What is the cost equalization point. Should the company have the heat treating done outside if the annual volume is 1,000 units? 10,000 units?
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Standardization of parts is a major characteristic of modern mass production.
(True/False)
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In intermittent manufacturing, goods are not made continuously as in a flow system but are made at intervals in lots or batches.
(True/False)
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What are some of the reasons to purchase externally as opposed to making in- house)?
(Essay)
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Indicators that show areas most needing improvement include:
(Multiple Choice)
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________are the resources used in changing inputs to outputs.
(Multiple Choice)
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The cost equalization point is the volume for which total cost and unit cost) of using one method is the same as another.
(True/False)
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Given the following fixed and variable costs and the volumes, calculate the total and unit costs.
Fixed costs Variable costs Volume in units Total cost Unit cost \ 1000 \ 12 1000 \ 2500 \ 17 100 \ 500 \ 150 2 \ 1,500 \ 19 21 \ 50 \ 200 50
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