Exam 21: Operations and Value Chain Management

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______________________________ inventory includes items that have passed through the entire production process but have not been sold.

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Finished-goods

The acronym DFMA stands for __________________________________________________.

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design for manufacturability and assembly

__________ is the best way to control operations.

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Reliability is the ability of the product or service to fulfill its intended function.

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A facilities layout in which machines that perform the same function are grouped together in one location is called a(n)

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A facilities layout in which machines dedicated to sequences of production are grouped into cells in accordance with group-technology principles is referred to as a(n) ____________________ layout.

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CAM refers to a production technology in which computers perform new-product design.

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DFMA refers to

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The field of management that specializes in production of goods and services and uses special tools and techniques for solving production problems is called technical management.

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In __________, staffing flexibility enhanced.

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Capacity planning is the determination and adjustment of the organization's ability to produce products to match the organization's inventory capacity.

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An inventory in which item demand is related to the demand for other inventory items is called

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With integration, more companies are opting for a(n) __________, which involves cultivating intimate relationships with a few carefully selected suppliers and collaborating closely to coordinate tasks that benefit both parties.

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Which of the following is a requirement of the just-in-time inventory system

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Using DFMA is ridiculously

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Name and briefly describe the four primary concerns for product design in a DFMA program.

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__________ is based on group-technology principles.

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Managing the movement of materials within a facility, the shipment of incoming materials from suppliers, and the shipment of outgoing products to customers is known as distribution.

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Independent demand inventory is inventory in which item demand is related to the demand for other inventory items.

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Dependent demand inventory is inventory in which item demand is related to the demand for other inventory items.

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