Exam 6: Management and Leadership in Todays Organizations

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Six Sigma is both a precise set of statistical tools and a rallying cry for continuous improvement.

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Mass customization is tailoring products to meet the needs of individual customers.

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To reduce the cost of holding too much inventory,many companies have implemented:

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Although it is most often thought of as applying to manufacturing processes,Six Sigma can be applied to any business process where the quality of the result may be quantified and the results of each process tracked.

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Dave's Cap Emporium offers to produce hats and caps according to customers' requests.Dave's utilizes a(n):

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The operations planning practice of inputting sales forecasts into computer software that accurately predicts the amount and timing of materials needed to complete products and projects is:

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___________ is the creation of goods and services using land,labor,capital,entrepreneurship and knowledge.

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What is the Malcolm Baldridge Award?

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MRP is the acronym for:

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A production process characterized by long production runs to turn out finished goods over time is known as a(n):

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_________ manufacturing is a systematic approach to identifying and eliminating waste and no-value-added activities.

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Production creates:

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CAD/CAM has made it possible to custom-design products to meet the tastes of small markets with very little increase in costs.

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In the process of operations management,a firm transforms resources such as raw materials,supplies,and even human resources into goods and services.

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Production manager Dave Harmon wants to link all the divisions and subsidiaries of his firm's computerized functions into a single,integrated software program that uses a single database.In order to achieve this goal,Dave could make use of:

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Harmon Furniture Company uses labor and machinery to transform wood,plastic,metal and cloth into comfortable chairs,sofas,and love seats.This process creates:

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The inventory control system that schedules materials to arrive and leaves as they are needed is called JIT or Just in Time.

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_________ is the physical arrangement of resources in the production process.

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__________ is the process of selecting a geographic location for a company's operations.

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Contemporary manufacturers in the U.S.lack the flexibility to use intermittent production processes.

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