2nd midterm Flashcards
What are the 4 types of Processes?
- product
- process focused
- mass customization
- repetitive focus
Time- Function mapping is a flowchart with time added to the horizontal axis… T or F
True
Effective capacity is the:
Capacity a firm expects to achieve given the current operation constrants
Definition of throughput time?
the time it takes to get from the start to the end in a process
_______ is the number of units a facility can hold, store, recieve or produce in a period of time
capacity
break even is the number of units at which
total revenue equals total cost
a regional bookstore chain wants to build a distribution center that is centrally located for its eight retail outlets. it will most likely employ which tools of analysis?
center-of-gravity method
In order to select a location, intangible costs include which of the following?
all of the above
for a location decision, labor productivity may be important in isolation but low wage rates are a more important criterion T or F
false
which type of layout features departments or other functional groupings in which similar activites are preformed?
process-oriented
which type of layout leverages group technology?
work cell
A good layout requires determining:
all of the above
computer integrated manufacturing includes manufacturing systems that have
computer-aided design, a flexible manufacturing system, inventory control, warehousing and shipping integrated
What is the behavioral approach to job design that involves giving the worker more tasks requiring similar skills?
job enlargement
What are the 4 ways to establish labor standards?
Historical experience
Time studies
Work samplings
Predetermined time standards
give 2 examples of allowances
fatigue
delay
personal
What is the definition of standard time?
the standard amount of time it takes for the process to be complete or for the product to be completed
With the “many suppliers” sourcing, the order usually goes to the supplier that offers the highest quality T or F
false
Japanese manufacturers often pursue a strategy that is part collaboration, part purchasing from a few suppliers, and part vertical integration. What is this approach called?
Keiretsu
The bullwhip effect can occur when orders decrease as well as when they increase T or F
true
What are the names of the 6 sourcing strategies?
many suppliers few suppliers virtual companies vertical integration keirtsu networks joint ventures
Which would NOT generally be a motive for a firm to hold inventories?
to minimize holding costs
Identify 4 types of inventory
work-in-process
finished goods-raw material
maintenance/R/O
In cycle counting, the frequency of item counting and stock vertification usually varies from item to item depending upon the item’s classificaiton T or F
True
Which statement about ABC analysis is FALSE
ABC analysis is based on the presumptions that all items must be tightly controlled to produce important cost savings
Cycle counting:
eliminates annual inventory adjustments
Which is an element of inventory holding costs?
all of the above
if the actual order quantity is the economic order quantity in a problem that meets the assumptions of the economic order quantity model shown, the average amount of inventory on hand:
is one-half of the economic order quantity
