Identify the true statements about the learning curve theory

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Reference no: EM131594482

Question1 : __________ is the characteristics of a product in terms of quality that are sorted as either conforming or nonconforming to specification.

The capability index

A learning curve

An attribute

A throughput rate

Question2 : __________ Utilization is the ratio between the actual amount of time a resource is activated for and the total amount of time the resource is available for use.

Service rate

Lead time

Pacing

Utilization

Question 3 : Define lead time.

It is the time required to attend to a customer order.

It is the time required to achieve high customer service with minimum levels of inventory investment.

It is the time required to produce a variety of products typically at lower volume levels.

It is the time required to position inventory in the supply chain.

Question4 : A pharmaceutical company keeps detailed documentation of its inventory. The company replenishes its inventory whenever the inventory level falls below a certain limit and there is a threat of a stockout. This company is most likely using a __________ model.

fixed-time period

single-period

fixed-order quantity

regression

Question5 : __________ involves testing random samples of the end product from a process to determine if the process is churning out items within the predetermined range.

Event simulation

Cyclical strategic scheduling

Organizational learning

Statistical process control

Question6 : A manufacturing firm efficiently assembles an airplane by bringing all the necessary raw materials, parts, and equipment to a central location. This scenario illustrates a __________.

workcenter

manufacturing cell

project layout

functional layout

Question7 : Identify the true statements about the learning curve theory.

It assumes that the unit time for a task will decrease at a decreasing rate.

In a learning curve, the reduction in time will be unpredictable.

In a learning curve, the time for task completion will increase each time the task is undertaken.

A drawback of the learning curve theory is that the performance can be measured only in terms of time per unit.

Question8 : __________ are used for decisions that are related to aggregate and strategy demand.

Process assessments

Periodic review systems

Strategic forecasts

P-models

Question9 : Identify a true statement about an operations consulting process.

It takes a longer time than general management consulting to yield results that can be measured.

Its results are immediately measurable.

Unlike general management consulting, operations consulting does not require extensive interviewing of employees.

It leads to changes in attitudes and culture of an organization.

Question10 : A shopkeeper purchases raw materials to manufacture souvenirs for a local event that happens once every five years. In this case, identify the model that the shopkeeper is most likely to use to maintain stock.

Single-period model

Fixed-time period model

Lot sizing model

Fixed-order quantity model

Question11 : __________ refers to the integrated activities designed to achieve high quality and high levels of production with minimal inventories of raw materials and to eliminate wastes.

Process mapping

Kanban system

Lean production

The Shingo system

Question12 :Define waste reduction.

It is the elimination of non-value-adding activities and the optimization of value-adding activities that are part of a process.

It is the process of combining the concept of cross-docking and consolidation.

It is the optimization of the rate at which cash is generated by production through sales.

It is the integration of activities to increase the customer value of a process.

Question13 : Define customer order decoupling point.

It illustrates the method by which a company's strategy is delivered through a set of supporting activities.

It is the time required to attend a customer order.

It involves the analysis of current business data to better solve business problems using mathematical calculations.

It is the positioning of inventory in a supply chain.

Question14 : __________ determines the amount of inventory, which includes parts, components, and materials, necessary to produce a product.

GAP analysis

Dynamic programming

Break-even analysis

Material requirements planning

Question15 : __________ is responsible for scheduling, dispatching, monitoring, and regulating production on the shop floor.

Manufacturing execution system

ABC classification

Enterprise resource planning

P-model

Question16 : Identify an advantage of pure projects.

Team members have authority over the project.

Duplication of resources is eliminated.

Team pride, motivation, and commitment are high.

Organizational goals and policies are upheld.

Question17 : __________ is the average time required to finish a cycle of an operation.

Cycle time

Changeover time

Queue time

Lead time

Question18 : __________ is the design, operation, and improvement of the processes that create and deliver a company's essential products and services.

Product routing

Aggregate sales and operations planning

Inventory control

Operations and supply chain management

Question19 :Identify a disadvantage of implementing group technology in a firm.

It increases inventory.

The waiting time between operations is increased.

The number of employees required for a process increases exponentially.

The workers must be flexible enough to run several machines and processes.

Question20 : In a __________, the product remains in a specific location and the equipment, labor, and material required for the product are gathered to the specific location.

project layout

workcenter

functional layout

manufacturing cell

Question21 : Define preventive maintenance.

It is the periodic inspection and repair of equipment to avoid breakdowns.

It is the improvement that stems from both a person's experience and the changes in equipment, product design, and administration.

It is the emphasis of getting a product or a process right the first time.

It is the grouping of similar parts and processes into a specialized workcell.

Question22 : Identify a true statement about water transportation mode.

Fast transit times can be achieved in this mode of transportation.

Moving high volumes of products is costly.

It can handle a high capacity of materials.

It is a highly specialized mode of transport limited to the delivery of gases.

Question23 : Identify a disadvantage of pure projects.

Equipment and people are not shared across projects.

A lot of time is consumed while making decisions.

Lines of communication are lengthened.

The project manager has no authority over the project.

Question24 : __________ shows the relationship between the total number of units produced and the unit production tim

A Poisson distribution

A learning curve

Cycle time

Service rate

Question25 : The main objective of the aggregate operations plan is to:

keep demand and supply in balance.

determine future demand with the help of past data.

achieve better integration between suppliers and manufacturers.

minimize the cost of resources necessary to meet demand.

Question26 : Define synchronous manufacturing as stated by Goldratt's theory.

It is the optimization of the rate at which cash is generated by production through sales.

It is a production process in which machines are the critical resource used for scheduling.

It is a production process organized to achieve the goals of the firm.

It is an integrated set of activities designed to achieve high quality and high levels of production with minimal inventories of raw materials.

Question27 : Identify a true statement about services.

A service has physical dimensions.

A service has very limited or no customer interaction.

A service is inherently heterogeneous

A service is a tangible process.

Question28 :  According to Goldratt's definition, __________ is the rate at which cash is generated by production through sales.

cash flow

productivity

expediting

throughput

Question29 : Rachel performs an analysis in which she analyzes the performance of the clients of her organization relative to the expectations of the client's customers. In this scenario, Rachel is most likely using a __________.

Gantt chart

bar chart

gap analysis

Pareto analysis

Question30 : The manager of a shop floor schedules production based on the equipment that are used in the process as a key resource. In this case, the manager is most likely using a __________.

forward scheduling

backward scheduling

machine-limited process

labor-limited process

Reference no: EM131594482

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