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1)Bill of material errors can cause serious problems for MRP system calculations of dependant demandsT/F2)No matter what forecasting technique is used, the probability of a production forecast being exactly correct is almost zero.T/F3)Computerized MRP systems automatically optimize material flow through a production system.T/F4)The Toyota Production System uses MRP to control flow of materials from suppliers to the assembly process.T/F5)Just in Time, the Toyota Production System and Lean Manufacturing are basically the same thing.T/F6)Low inventory turns is always an indicator of a problem with the MRP systems calculations.T/F7)The main reason to use Kanbans is to relieve bottleneck conditions.T/F8)Pull systems are always designed to use the theory of constraints to maximize efficiency.T/F9)The main idea of the theory of constraints is to provide the exact capacity necessary for all processes in a system.T/F10)The objective of value stream mapping is to improve the data used by the MRP System.T/F
Do you think you can stay competitive in business, get acceptable bottom-line results, and still operate in an honest and ethical manner? Why, or why not?
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