CONVERSION CYCLE

Question 1

It is consists of both physical and information activities related to manufacturing products
for sale.

Answer 1

Conversion cycle

Question 2

It involves pulling products based on the customer’s demand rather than pushing them from the production end or supply.

Answer 2

Pull processing

Question 3

The success of the pull processing model requires zero defects in raw materials, work-in process, and finished goods inventory.

Answer 3

Perfect quality

Question 4

It means eliminating non-value-added activities and other undertakings that do not maximize the use of scarce resources.

Answer 4

Waste Minimization

Question 5

It means congestion in a production system due to too much workload.

Answer 5

Bottleneck

Question 6

Lean companies strive to reduce setup time to a minimum, allowing them to produce a greater diversity of products quickly, without sacrificing efficiency at lower production volumes.

Answer 6

Production flexibility

Question 7

Each employees must be vigilant of problems that threaten the continuous flow of operation of the production line.

Answer 7

Team attitude

Question 8

It is a Japanese tool used to organize a workplace systematically, cleanly, and safely.

Answer 8

5S

Question 9

It involves putting only the necessary items in the workplace.

Answer 9

Seiri (sort)

Question 10

It is the process of efficiently arranging things in the workplace.

Answer 10

Saiton (straighten)

Question 11

It involves keeping the workplace clean at all times to detect all possible nonconformities easily.

Answer 11

Seiso (shine)

Question 12

It involves creating common standards to accomplish the three (3) prior
phases effectively.

Answer 12

Seiketsu (standardize)

Question 13

It involves ensuring all the standards are properly complied with.

Answer 13

Shitsuke (sustain)

Question 14

It involves grouping similar products together to process them in the same
sequence and on the same equipment.

Answer 14

Cellular manufacturing

Question 15

A workstation and equipment specifically designed to achieve a smooth operation flow.

Answer 15

Cell

Question 16

It involves an attitude of constantly improving the set of standards to save time, money, and/or resources.

Answer 16

Continuous improvement

Question 17

It involves identifying opportunities and designing initiatives to improve the system.

Answer 17

Plan

Question 18

It is the execution of designs or improvements identified during the planning phase.

Answer 18

Do

Question 19

It gathers data to check if the plan’s implementation was successful.

Answer 19

Check

Question 20

It is the company’s response toward the results of the checking phase.

Answer 20

Act

Question 21

It is a Japanese term which means “automation with human intervention”. This term highlights that whenever an abnormality occurs in the production system, production will stop until it is fixed.

Answer 21

Jidoka

Question 22

It is essentially made up of three (3) components that boost the work of
the production line.

Answer 22

Total productive maintenance

Question 23

These are regularly planned and executed maintenance activities to ensure that sudden breakdowns do not occur and the through put for each equipment is increased.

Answer 23

Preventive maintenance

Question 24

This kind of maintenance revolves around deciding whether there is a need for fixing or purchasing new equipment altogether.

Answer 24

Corrective maintenance

Question 25

This component ensures that the machines purchased are right.

Answer 25

Maintenance prevention

Question 26

It is a continuous quality program aimed at bringing about teamwork among departments, coming together and ensuring self-reliant workflow, and producing optimum quality
products.

Answer 26

Total quality management

Question 27

It consists of various types of machines, each controlled by a single operator.

Answer 27

Traditional Manufacturing

Question 28

It describes an environment where modern automation exists in the form of islands that stand alone within the traditional setting.

Answer 28

Islands of technology

Question 29

It is a manufacturing technique that eliminates non-value added activities using a fully automated environment.

Answer 29

Computer-integrated manufacturing

Question 30

These computer-controlled conveyor systems carry raw materials from stores to the shop floor and finished products to the warehouse.

Answer 30

Automated storage and retrieval systems (AS/RS)

Question 31

These include using robots that are programmed to perform specific recurring actions with high precision.

Answer 31

Robotics

Question 32

This method allocates costs
to products and services to facilitate better planning and control.

Answer 32

Activity-based costing

Question 33

It describe the work performed in a firm.

Answer 33

Activities

Question 34

These are the reasons for performing activities.

Answer 34

Cost objects

Question 35

The complexities of ABC have caused many firms to abandon this method in favor of a simpler accounting model

Answer 35

Value stream accounting

Question 36

It includes techniques, processes, and/or initiatives done to create value for a customer that can be associated with a product or product line.

Answer 36

Value stream

Question 37

It includes related goods manufactured by the same company under the same brand.

Answer 37

Product family

Question 38

It is an automated production planning and control system for
inventory management.

Answer 38

Material requirements planning (MRP)

Question 39

It is an extension of MRP that has evolved beyond the confines
of inventory management.

Answer 39

Manufacturing resource planning (MRP II)

Question 40

It integrates departments and functions across a company into one system of integrated applications connected to a single common database.

Answer 40

Enterprise resource planning (ERP) system

Question 41

It originates from the Toyota Production System. It uses the concept of just-in-time (JIT) model, which focuses on efficiency in production.

Answer 41

Lean manufacturing