Exam 23: Theory of Constraints
Exam 1: Introduction84 Questions
Exam 2: Strategy54 Questions
Exam 3: Design of Products and Services58 Questions
Exam 4: Project Management78 Questions
Exam 5: Strategic Capacity Management64 Questions
Exam 6: Learning Curves60 Questions
Exam 7: Manufacturing Processes44 Questions
Exam 8: Facility Layout58 Questions
Exam 9: Service Processes67 Questions
Exam 10: Waiting Line Analysis and Simulation77 Questions
Exam 11: Process Design and Analysis57 Questions
Exam 12: Six Sigma Quality75 Questions
Exam 13: Statistical Quality Control73 Questions
Exam 14: Lean Supply Chains73 Questions
Exam 15: Logistics Distribution, and Transportation61 Questions
Exam 16: Global Sourcing and Procurement78 Questions
Exam 17: Enterprise Resource Planning Systems47 Questions
Exam 18: Forecasting101 Questions
Exam 19: Sales and Operations Planning65 Questions
Exam 20: Inventory Management108 Questions
Exam 21: Material Requirements Planning89 Questions
Exam 22: Workcenter Scheduling72 Questions
Exam 23: Theory of Constraints72 Questions
Exam 24: Health Care69 Questions
Exam 25: Operations Consulting61 Questions
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The effects of statistical variations in processing times in a dependent sequence will eventually cancel themselves out due to the law of averages.
(True/False)
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According to the theory of constraints, a non-bottleneck is any resource where capacity is less than the demand placed on it.
(True/False)
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According to the theory of constraints, throughput is the rate at which money is generated by the system through sales.
(True/False)
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Buffer inventory in front of a bottleneck is called a time buffer.
(True/False)
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According to the theory of constraints, which of the following can be a CCR?
(Multiple Choice)
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Which of the following is a negative aspect of JIT compared to synchronous manufacturing?
(Multiple Choice)
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From an operations standpoint, one of the goals of the firm under the theory of constraints is to increase throughput while simultaneously reducing inventory and reducing operating expense.
(True/False)
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According to the theory of constraints, the term "productivity" is defined as all those actions that bring a company closer to its goals.
(True/False)
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Departments within a firm often are at odds with each other because reward systems are often not synchronized with the basic goal of the firm: to make money.
(True/False)
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Which of the following is a "focusing step" of Dr.Eli Goldratt's theory of constraints?
(Multiple Choice)
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Statistical fluctuation refers to the normal variation about a mean or average.
(True/False)
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The "dollar days" inventory measurement can be used in purchasing to discourage large work-in-process and producing earlier than is needed.
(True/False)
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In a process sequence where a product flows from process A to process B, process B is called the contingent process.
(True/False)
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What are the three measurements in TOC that give guidance to the firm's operations?
(1) ______________________________.(2) ______________________________.(3) ______________________________.
(Essay)
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What is the term that refers to the normal variation about a mean or average?
(Short Answer)
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A synchronous manufacturing system does not have excess capacity throughout the system, except for the bottleneck.
(True/False)
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An MRP system can allow for product rejects by building a larger batch than is demanded, but a JIT system cannot tolerate poor quality.
(True/False)
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