Final Flashcards
Conformance quality is a strategic decision for a firm
False
People had a message about outstanding quality. What was part of the message?
Customer focus
A flowchart as part of six sigma improvement process might be found in which DMAIC category
Define
Fishbone diagram is in which DIAMAC category
Analyze
Pareto chart is in which DMAIC category
Measure
What companies are eligible for the baldrige award
Auditing firms
Dimension of design quality that concerns the characteristics of the product is what
Aesthetics
One of the daily delicate balancing acts that logistics managers have to perform involves the trade off between transportation costs and fulfillment speed
True
Avg cost of inventory in the US is 20-25 percent of value
False
Which is not one category of manufacturing inventory
Just in time
Which of the following is an inventory holding cost
Breaking
Which is a fixed time inventory model
Periodic system model
Which is not an assumption of the basic fixed order whisking inventory model
Diminishing returns to scale of holding inventory
Henry Ford used JIT concepts as he streamlined his moving assembly lines to make automobiles in the early 1900s
True
Lean production replaced JIT in the 1990s because JIT didn’t address the problem of reducing waste
False