Question 1

Discuss principles of lean production, specifically the ways that the Toyota Production System uses to eliminate waste.

Accepted Answer

Soichiro Toyoda advocates eliminating:
Defects: Because they are costly and because they have to be repaired or scrapped.
Overproduction: Because it must be stored and may never be sold.
Transportation costs: Because they can be minimised by locating close to suppliers and customers.
Waiting: Because idle resources are wasteful.
Inventory in excess of the minimum required: Because it is unproductive and costly.
Motion (whether by product, people, or machinery): Because it can be wasteful.
Processing (that is not productive): Because it is wasteful.

Question 2

Match the term with its definition.Some terms may not be used
a.Acceptance sampling
b.Attributes
c.Bottleneck
d.Constraint
e.Inspection
f.ISO 9000
g.Operations
h.Operations management
i.Poka-Yoke
j.Quality
k.Total quality management
l.Variables
-The examination of a part or a product to determine whether it meets quality standards.

Accepted Answer

e

Question 3

For service firms, the customer has to arrive before production begins resulting in employee scheduling issues.

Accepted Answer

A) True 
 B)False  True

Question 4

Match the term with its definition.Some terms may not be used
a.Continuous manufacturing
b.Flexible manufacturing systems
c.Job shops
d.Lean production
e.Make-or-buy decisions
f.Operations
g.Outsourcing
h.Poka-yoke
i.Project manufacturing
j.Repetitive manufacturing
k.Supply Chain Operations Reference model
l.Synchronous manufacturing
-Manufacturing operations used to create unique but similar products.

Accepted Answer

The answer of Match the term with its definition.Some terms...

Question 5

Match the term with its definition.Some terms may not be used
a.ABC method
b.Associative forecasting
c.Cooperative purchasing organisation
d.Cycle counting
e.Demand management strategies
f.Economic order quantity
g.Just-in-time inventory system
h.Perpetual inventory system
i.Physical inventory system
j.Poka-yoke
k.Statistical inventory control
l.Two-bin inventory system
-A method that provides for periodic counting of items in inventory.

Accepted Answer

The answer of Match the term with its definition.Some terms...

Question 6

Ralph operates a computer-controlled machine.His jobs can be either large or small.To change the set-up from one product to another usually requires only a change in programming.This type of manufacturing is known as:

Accepted Answer

A) continuous manufacturing. 
B) flexible manufacturing. 
C) project manufacturing. 
D) repetitive manufacturing. 
A) continuous manufacturing. 
B) flexible manufacturing. 
C) project manufacturing. 
D) repetitive manufacturing.

Question 7

Match the term with its definition.Some terms may not be used
a.ABC method
b.Associative forecasting
c.Cooperative purchasing organisation
d.Cycle counting
e.Demand management strategies
f.Economic order quantity
g.Just-in-time inventory system
h.Perpetual inventory system
i.Physical inventory system
j.Poka-yoke
k.Statistical inventory control
l.Two-bin inventory system
-A method of controlling inventory that uses a targeted service level, allowing statistical determination of the appropriate amount of inventory to carry

Accepted Answer

The answer of Match the term with its definition.Some terms...

Question 8

In March, chassis prep counts its inventory.In June, the cabinet shop does the same thing.In September, appliances count its inventory.This inventory system is known as:

Accepted Answer

A) cycle counting. 
B) perpetual. 
C) physical. 
D) two-bin. 
A) cycle counting. 
B) perpetual. 
C) physical. 
D) two-bin.

Question 9

Match the term with its definition.Some terms may not be used
a.Acceptance sampling
b.Attributes
c.Bottleneck
d.Constraint
e.Inspection
f.ISO 9000
g.Operations
h.Operations management
i.Poka-Yoke
j.Quality
k.Total quality management
l.Variables
-The planning and control of a conversion process that includes turning inputs into outputs that customers desire.

Accepted Answer

The answer of Match the term with its definition.Some terms...

Question 10

In order to achieve market success, a business merely needs to concentrate on either providing an excellent product or service, or devising an insightful marketing strategy.

Accepted Answer

A) True 
 B)False

Question 11

Bottlenecks in a process are responsible for slower throughput times for the entire process.

Accepted Answer

A) True 
 B)False

Question 12

Repetitive operations in manufacturing use:

Accepted Answer

A) general-purpose machines. 
B) job-order schedules. 
C) highly specialised equipment. 
D) short production runs. 
A) general-purpose machines. 
B) job-order schedules. 
C) highly specialised equipment. 
D) short production runs.

Question 13

Weighing bags of mulch during a production process is an example of a variable inspection.

Accepted Answer

A) True 
 B)False

Question 14

The buying of products or services from a third party to manage a business's functions is known as:

Accepted Answer

A) asset efficiency. 
B) diversification of supplies. 
C) importing. 
D) outsourcing. 
A) asset efficiency. 
B) diversification of supplies. 
C) importing. 
D) outsourcing.

Question 15

The quality of a finished product depends on the quality of the raw materials used to make it.

Accepted Answer

A) True 
 B)False

Question 16

Cooperative purchasing organisations for small businesses are more successful now because of the:

Accepted Answer

A) acceptance of coops as a business model by suppliers. 
B) diversification of numerous global suppliers. 
C) increased use of the Internet to locate more suppliers. 
D) use of crowdsourcing to locate new suppliers. 
A) acceptance of coops as a business model by suppliers. 
B) diversification of numerous global suppliers. 
C) increased use of the Internet to locate more suppliers. 
D) use of crowdsourcing to locate new suppliers.

Question 17

Jasper operates a machine shop.Orders from his customers are small, but his machines can easily be set up to make other items for different customers.This type of manufacturing is known as:

Accepted Answer

A) flexible manufacturing. 
B) a job shop. 
C) project manufacturing. 
D) repetitive manufacturing. 
A) flexible manufacturing. 
B) a job shop. 
C) project manufacturing. 
D) repetitive manufacturing.

Question 18

Match the term with its definition.Some terms may not be used
a.Continuous manufacturing
b.Flexible manufacturing systems
c.Job shops
d.Lean production
e.Make-or-buy decisions
f.Operations
g.Outsourcing
h.Poka-yoke
i.Project manufacturing
j.Repetitive manufacturing
k.Supply Chain Operations Reference model
l.Synchronous manufacturing
-Manufacturing operations that usually involve computer-controlled equipment that can turn out products in smaller or more flexible quantities.

Accepted Answer

The answer of Match the term with its definition.Some terms...

Question 19

Job shops in manufacturing use specialised equipment.

Accepted Answer

A) True 
 B)False

Question 20

The terms repetitive manufacturing and mass production are synonymous.

Accepted Answer

A) True 
 B)False

Discuss principles of lean production, specifically the ways that the Toyota Production System uses to eliminate waste.

For service firms, the customer has to arrive before production begins resulting in employee scheduling issues.

Ralph operates a computer-controlled machine.His jobs can be either large or small.To change the set-up from one product to another usually requires only a change in programming.This type of manufacturing is known as:

In March, chassis prep counts its inventory.In June, the cabinet shop does the same thing.In September, appliances count its inventory.This inventory system is known as:

In order to achieve market success, a business merely needs to concentrate on either providing an excellent product or service, or devising an insightful marketing strategy.

Bottlenecks in a process are responsible for slower throughput times for the entire process.

Repetitive operations in manufacturing use:

Weighing bags of mulch during a production process is an example of a variable inspection.

The buying of products or services from a third party to manage a business's functions is known as:

The quality of a finished product depends on the quality of the raw materials used to make it.

Cooperative purchasing organisations for small businesses are more successful now because of the:

Jasper operates a machine shop.Orders from his customers are small, but his machines can easily be set up to make other items for different customers.This type of manufacturing is known as:

Job shops in manufacturing use specialised equipment.

The terms repetitive manufacturing and mass production are synonymous.

The Entrepreneurial Life

Integrity, Ethics And, Social Entrepreneurship

Starting a Small Business

Franchising and Buyouts

The Family Business

The Business Plan: Visualizing the Dream

The Marketing Plan

The Organizational Plan: Teams, Legal Structures, Alliances, and Directors

The Location Plan

Understanding a Firms Financial Statements

Forecasting Financial Requirements

A Firms Sources of Financing

Planning for the Harvest

Building Customer Relationships

Product and Supply Chain Management

Pricing and Credit Decisions

Promotional Planning

Global Opportunities for Small Business

Professional Management and the Small Business

Managing Human Resources

Managing the Firms Assets

Managing Risk in the Small Business

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Exam 21: Managing Operations

Discuss principles of lean production, specifically the ways that the Toyota Production System uses to eliminate waste.

For service firms, the customer has to arrive before production begins resulting in employee scheduling issues.

Ralph operates a computer-controlled machine.His jobs can be either large or small.To change the set-up from one product to another usually requires only a change in programming.This type of manufacturing is known as:

In March, chassis prep counts its inventory.In June, the cabinet shop does the same thing.In September, appliances count its inventory.This inventory system is known as:

In order to achieve market success, a business merely needs to concentrate on either providing an excellent product or service, or devising an insightful marketing strategy.

Bottlenecks in a process are responsible for slower throughput times for the entire process.

Repetitive operations in manufacturing use:

Weighing bags of mulch during a production process is an example of a variable inspection.

The buying of products or services from a third party to manage a business's functions is known as:

The quality of a finished product depends on the quality of the raw materials used to make it.

Cooperative purchasing organisations for small businesses are more successful now because of the:

Jasper operates a machine shop.Orders from his customers are small, but his machines can easily be set up to make other items for different customers.This type of manufacturing is known as:

Job shops in manufacturing use specialised equipment.

The terms repetitive manufacturing and mass production are synonymous.

The Entrepreneurial Life

Integrity, Ethics And, Social Entrepreneurship

Starting a Small Business

Franchising and Buyouts

The Family Business

The Business Plan: Visualizing the Dream

The Marketing Plan

The Organizational Plan: Teams, Legal Structures, Alliances, and Directors

The Location Plan

Understanding a Firms Financial Statements

Forecasting Financial Requirements

A Firms Sources of Financing

Planning for the Harvest

Building Customer Relationships

Product and Supply Chain Management

Pricing and Credit Decisions

Promotional Planning

Global Opportunities for Small Business

Professional Management and the Small Business

Managing Human Resources

Managing the Firms Assets

Managing Risk in the Small Business

Filters