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Management info systems > Final > Flashcards

Final Flashcards

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
Q

Positives of the Juran way

A

one absentee docent shut the line
assistant managers no longer needed
Flexibility to work from home
Job meaningful

26
Q

Disadvantages to the Juran Way

A

Major investment in training and education

27
Q

cell manufacturing

A

U-shaped table

28
Q

Benefits of cell manufacturing

A

Holistic view
A factory within a factory
managers don’t pay attention to the group

29
Q

Reinforcement through bonus system

A

1/3 of the Japanese payment, idea is “what more money,make more money”

30
Q

Responsibilities of work team

A 
quality
job assignment and rotation 
preventive maintenance 
statistical process control 
the blue collar contribution
31
Q

Blue collar contribution

A

Detect defects
Create a paeto diagram
fish diagram
PDCA cycle

32
Q

PDCA meaning

A

plan a course of action
Do a test
Check Results
Act on results

33
Q

Kazan

A

Never ending improvement

34
Q

Function of managers

A

deal with problems
lead work team
deal with outside environment
reduce common cause variation

35
Q

Product Design

A

Old was took 7 Years from concept to shelf

36
Q

Concurrent or simultaneous engineering

A

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
Q

Benefits of simultaneous engineering

A

7 to 3.5 years
fewer parts easier to manufacture (left screw)
Higher quality

38
Q

Aggregate planing

A

initial planning to match productive capacity with forecast demand

39
Q

two forms of aggregate planing

A

Match production with respected demand

Work normal time

40
Q

Transportation model

A

Tells you what to products should be produced at each plant to minimize shipping cost

41
Q

Master schedule

A

schedule for each product and quantity

42
Q

Safety stock

A

Inventory to absorb fluctuations in demand and delivery time (demand x typically late)

43
Q

Cycle stock

A

half of shipment

44
Q

inventory

A

safety stock + cycle stock

45
Q

Purpose of inventory

A

Service customers
protect against supply shortage
large discounts
hedging
stabilize employment
decouple successive stages of production
facilitates switching from one product to another

46
Q

Three types of inventory

A

Raw materials
work in progress
finished goods

47
Q

TPM- Total preventive Maintenance

A

not running at full capacity
not waiting until part breaks to change it
give workers sense of ownership

48
Q

components of setup cost

A

Loss of revenue
cost of idle workers
poor quality

49
Q

How to get setup cost to zero

A

machine cluster

50
Q

machine cluster

A

one man for multiple machines

51
Q

Kanban

A

System that tells you how many to produce

52
Q

Benneton

A

sell then make

53
Q

Anual inventory cost

A

1/3 of inventory

54
Q

Cost of carrying

A

obsolescence
spoilage
pilferage

55
Q

FMS flexible manufacturing system

A

one worker can do multiple tasks

56
Q

Bullwhip effect

A

demand variability increases as the supply chain gets further from the customer

57
Q

Iso International organization standards

A

standardization to facilitate international exchange of goods

58
Q

Taguchi

A

Loss function : cost benefit analysis

Robust design

59
Q

Deming on inspection

A

too late
too costly
to ineffectual

Management info systems (4 decks)

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