Final Flashcards

(59 cards)

1
Q

Factors when locating a new factory within the United states

A

Labor cost
Skills
Material cost
Availability

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2
Q

Factors when locating a new factory Outside the United states

A
Political risk 
currency risk 
Import/export restrictions 
Différent culture/ language/ religion 
Tax code/ legal system/ accounting system
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3
Q

T/F Taking or giving a bribery in a foreign country can lead to penalty in the US

A

True

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4
Q

Where did saturn choose to build plant

A

Tennessee

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5
Q

Center of gravity Method for selecting a site

A

Take location and shipping volume into consideration to determine the site that minimizes shipping cost

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6
Q

4 elements / requirements of Forecasting

A

Timely
Accurate
expressed in meaningful terms
in writing and simple to understand

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7
Q

Forecasting factors that are influenced by managers

A

Design
quality
price
customer service

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8
Q

Forecasting factors that are not influenced by managers

and imposible for forecasting

A
Completion 
business cycle 
product life cycle 
demographics 
government regulation
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9
Q

Marketing forecast

A

generally a polling of opinion or a survey of sales people, marketing forecast looks forward and should be the best

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10
Q

Positives of marketing forecast

A

Looks to the future

Marketers Know the Market

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11
Q

Negatives of marketing forecast

A

Bias, forecaster can manipulate forecast

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12
Q

Production Forecast

A

The past is being used to determine the future, past numbers determine the forecast for future sales, relies on mathematic models and trends

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13
Q

Positives of production forecast

A

quick

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14
Q

Negatives of production forecast

A

doesn’t account for business factors

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15
Q

Facility Layout

A

The layout of production that is best fit for the product or service

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16
Q

Process layout

A

for assembly lines that run smoothly and are continues, oil refineries

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17
Q

Product Layout

A

Different products that required different layouts

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18
Q

Cellular Layout

A

a self contained group of equipment and worked needed for producing a particular component in a family of parts (factory within a factory)

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19
Q

Fixed position layout

A

Resources sent to a single location (building a house)

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20
Q

System output

A

The number of goods produced within a certain amount of time, the machine with the slowest output determines the system output

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21
Q

Line balancing

A

manipulating the number of workers and machine so there is no idle worked on the assembly line

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22
Q

Sub assembly line

A

two lines that meet to create one product

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23
Q

The Taylor way

A

Divide the task to its simplest elements and assign a person to each element

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24
Q

The Juran way

A

work design by Juran to give the entire job to one person or a small group of people

25
Positives of the Juran way
one absentee docent shut the line assistant managers no longer needed Flexibility to work from home Job meaningful
26
Disadvantages to the Juran Way
Major investment in training and education
27
cell manufacturing
U-shaped table
28
Benefits of cell manufacturing
Holistic view A factory within a factory managers don't pay attention to the group
29
Reinforcement through bonus system
1/3 of the Japanese payment, idea is "what more money,make more money"
30
Responsibilities of work team
``` quality job assignment and rotation preventive maintenance statistical process control the blue collar contribution ```
31
Blue collar contribution
Detect defects Create a paeto diagram fish diagram PDCA cycle
32
PDCA meaning
plan a course of action Do a test Check Results Act on results
33
Kazan
Never ending improvement
34
Function of managers
deal with problems lead work team deal with outside environment reduce common cause variation
35
Product Design
Old was took 7 Years from concept to shelf
36
Concurrent or simultaneous engineering
Puts those involved into a single building on single floor and mix them up to get an understanding of the whole process and a holistic view
37
Benefits of simultaneous engineering
7 to 3.5 years fewer parts easier to manufacture (left screw) Higher quality
38
Aggregate planing
initial planning to match productive capacity with forecast demand
39
two forms of aggregate planing
Match production with respected demand | Work normal time
40
Transportation model
Tells you what to products should be produced at each plant to minimize shipping cost
41
Master schedule
schedule for each product and quantity
42
Safety stock
Inventory to absorb fluctuations in demand and delivery time (demand x typically late)
43
Cycle stock
half of shipment
44
inventory
safety stock + cycle stock
45
Purpose of inventory
Service customers protect against supply shortage large discounts hedging stabilize employment decouple successive stages of production facilitates switching from one product to another
46
Three types of inventory
Raw materials work in progress finished goods
47
TPM- Total preventive Maintenance
not running at full capacity not waiting until part breaks to change it give workers sense of ownership
48
components of setup cost
Loss of revenue cost of idle workers poor quality
49
How to get setup cost to zero
machine cluster
50
machine cluster
one man for multiple machines
51
Kanban
System that tells you how many to produce
52
Benneton
sell then make
53
Anual inventory cost
1/3 of inventory
54
Cost of carrying
obsolescence spoilage pilferage
55
FMS flexible manufacturing system
one worker can do multiple tasks
56
Bullwhip effect
demand variability increases as the supply chain gets further from the customer
57
Iso International organization standards
standardization to facilitate international exchange of goods
58
Taguchi
Loss function : cost benefit analysis | Robust design
59
Deming on inspection
too late too costly to ineffectual