Mgmt 6355 Final Questions

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CHAPTER 13
1.| |
 |  Imagine comparing a manufacturing operation using regular lot-sizing and the same operation with a Kanban/lean production approach. What would be your expectations of the difference between the total cost (i.e., inventory holding costs + setup/ordering costs) of each?  | |

 | Student Response| Value| Correct Answer|
A. |  Inventory holding cost will increase non-linearly with inventory| |   | B. |  Total costs will be lower for the regular lot-size operation| |   | C. |  Total costs will be lower for the Kanban/lean production operation| 100% |   | D. |  The order quantity will be larger for the Kanban/lean production approach| |   | E. |  As long as the total quantity is the same, total costs will be the same| |   |

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Score:| 10/10 |
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2.| |
 |  When implementing a lean production system a stabilized schedule is achieved using which of the following?  | |
 | Student Response| Value| Correct Answer|
A. |  Level scheduling| |   |
B. |  Demand pull| |   |
C. |  Freeze window| |   |
D. |  Reduced lot sizes| 0% |   |
E. |  Bottom-round management| |   |
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Score:| 0/10 |
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3.| |
 |  To implement a flow process in developing a lean system a firm might do which of the following?  | |
 | Student Response| Value| Correct Answer|
A. |  Improve capacity utilization| |   |
B. |  Build product in anticipation of demand| |   |
C. |  Reduce setup/changeover time| |   |
D. |  Eliminate some fixed costs| 0% |   |
E. |  Implement groupware| |   |
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Score:| 0/10 |
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4.| |
 |  Which of the following is a lean production technique that has been successfully applied in service firms?  | |
 | Student Response| Value| Correct Answer|
A. |  Decision trees| |   |
B. |  Leveling the facility load| |   |
C. |  Linear programming| |   |
D. |  Fully utilizing capacity| 0% |   |
E. |  Backflushing| |   |
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Score:| 0/10 |
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5.| |
 |  An activity where the parts that go into each unit of a product are periodically removed from inventory and accounted for based on the number of units produced. is called which of the following?  | |

 | Student Response| Value| Correct Answer|
A. |  Frozen window| |   |
B. |  Backflush| 100% |   |
C. |  Level schedule| |   |
D. |  Group Technology| |   |
E. |  Kanban| |   |
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Score:| 10/10 |
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6.| |
 |  In implementing a lean production system you should work with suppliers to do which of the following?  | |
 | Student Response| Value| Correct Answer|
A. |  Calculate lead times| |   |
B. |  Quality circles| |   |
C. |  Freeze windows| |   |
D. |  Make frequent deliveries| 100% |   |
E. |  Achieve bottom-round management| |   |
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Score:| 10/10 |
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7.| |
 |  To develop a lean manufacturing system a firm might do which of the following?  | |
 | Student Response| Value| Correct Answer|
A. |  Eliminate anything that does not add value for the customer| 100% |   | B. |  Standardize product configurations| |   |
C. |  Process design with product design| |   |
D. |  Adopt a kaizen philosophy| |   |
E. |  Implement top-down management controls| |   |
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Score:| 10/10 |
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8.| |
 |  In a lean production system we expect to see which of the following?  | |
 | Student Response| Value| Correct Answer|
A. |  No extra inventory| |   |
B. |  Extra inventory of critical parts held "just-in-case"| |   | C. |  More parts and fewer standardized product configurations| |   | D. |  Managers being held responsible for quality of the work turned out| 0% |   | E. |  Closer management-labor relationships| |   |

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Score:| 0/10 |
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9.| |
 |  Which...
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