Exam 20: Constraint Management

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In Goldratt's approach to project management,what is the longest set of sequential tasks called?

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JIT requires vendors to be located nearby.When compared to synchronous manufacturing this is viewed as an advantage of JIT.

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According to the theory of constraints,throughput is the rate at which product is passed through the manufacturing system.

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According to the theory of constraints which of the following is a financial measurement that can be used to measure the firm's ability to make money?

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According to Dr.Goldratt,what is the goal of the firm?

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According to the theory of constraints which of the following is a financial measurement that can be used to measure the firm's ability to make money?

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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.

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According to the theory of constraints which of the following is a kind of time that makes up the cycle time in production?

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Synchronous manufacturing refers to the entire production process working together in harmony to achieve the goals of the firm.

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According to the theory of constraints,capacity is the time available for production.

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According to the theory of constraints which of the following is an operational measurement that can be used to measure the firm's ability to make money?

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Which of the following is one of Dr.Eli Goldratt's rules of production scheduling for optimized production technology?

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Buffer inventory in front of a bottleneck is called a time buffer.

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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.

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According to the theory of constraints which of the following is a kind of time that makes up the cycle time in production?

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Which of the following is a "focusing step" of Dr.Eli Goldratt's theory of constraints?

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How many rules of make up Goldratt's Rules of Production Scheduling?

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According to the theory of constraints which of the following can be a CCR?

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What are the three measurements that give guidance to the firm's operations?

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According to the theory of constraints it is wrong to for manufacturers to try to match capacity with demand by attempting to balance capacity across a sequence of processes.Unbalanced capacity is better.

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