QUESTIONS AND DETAILED VERIFIED SOLUTIONS|GRADED
In work sampling, when should observations be taken? - ANSWER At random time
Kanban is not associated with: - ANSWER Increased material handling
Looking at vertical integration, when you consider backward integration you are -
ANSWER moving back in time (Apple going back to the orchard)
Throughput measures the time: - ANSWER that it takes to process one unit at a station.
Which of the following is a visual signal at a machine that notifies support personnel about
the machine: - ANSWER Andon
In lean production, the term poka yoke means: - ANSWER Fool Proof
Method that is specifically characterized by a focus on continuous improvement, respect for
people, and standard work practiced? - ANSWER Toyota Production System (TPS)
To the operation manager, one beneficial use of inventory is: - ANSWER to ensure that
item cost is maximized.
Ergonomics is the study of: - ANSWER the human interface with the environment and
machines.
What is the cost to prepare a machine or process for production? - ANSWER Setup Cost
1
,In operations, VMI means: - ANSWER Vendor Managed Inventory
What does the Japanese word Kanban mean? - ANSWER Card
The term "3PL" stands for: - ANSWER Third Party Logistics Company
In lean production, Gemba stands for: - ANSWER Going to the source
Which labor standard process requires the most training and experience to execute
properly?
- Time study
- Predetermined time standards
- Work sampling
- Historical experience - ANSWER Time Study
Characterized by continuous and forced problem solving via a focus on throughput and
reduced inventory: - ANSWER Just-in-time (JIT)
In lean production, Kaizen means: - ANSWER continuous improvement
The objective of supply chain management is to coordinate activities within the S.C. to
maximize the S.C.'s ____________ _____________ and benefits to the ultimate consumer. -
ANSWER Competitive Advantage
Never outsource your _________________; instead focus on them. - ANSWER Core
Competencies
2
, Situation in which suppliers compete with one another; greater responsibility: - ANSWER
Many Suppliers
*Situation in which buyer forms strong intimate relationships with suppliers: - ANSWER
Few Suppliers
Examples include Pepsi getting into bottling and Apple acting as a chipmaker but also a retail
store owner. - ANSWER Vertical Integration
Developing the ability to produce goods or services previously purchased: - ANSWER
Vertical Integration
Six Sourcing Strategies: - ANSWER - Many suppliers
- Few suppliers
- Vertical integration
- Joint ventures
- Keiretsu networks
- Virtual Companies
Cooperation without diluting brand or conceding competitive advantage; formal
collaboration. - ANSWER Joint Ventures
A middle ground between few suppliers and vertical integration; members expects long-
term relationships and provide technical expertise and stable deliveries. - ANSWER
Keiretsu Networks
Rely on a variety of supplier relationships to provide services on demand; exceptionally lean
performance, low capital investment, flexibility, and speed. - ANSWER Virtual Companies
3
In work sampling, when should observations be taken? - ANSWER At random time
Kanban is not associated with: - ANSWER Increased material handling
Looking at vertical integration, when you consider backward integration you are -
ANSWER moving back in time (Apple going back to the orchard)
Throughput measures the time: - ANSWER that it takes to process one unit at a station.
Which of the following is a visual signal at a machine that notifies support personnel about
the machine: - ANSWER Andon
In lean production, the term poka yoke means: - ANSWER Fool Proof
Method that is specifically characterized by a focus on continuous improvement, respect for
people, and standard work practiced? - ANSWER Toyota Production System (TPS)
To the operation manager, one beneficial use of inventory is: - ANSWER to ensure that
item cost is maximized.
Ergonomics is the study of: - ANSWER the human interface with the environment and
machines.
What is the cost to prepare a machine or process for production? - ANSWER Setup Cost
1
,In operations, VMI means: - ANSWER Vendor Managed Inventory
What does the Japanese word Kanban mean? - ANSWER Card
The term "3PL" stands for: - ANSWER Third Party Logistics Company
In lean production, Gemba stands for: - ANSWER Going to the source
Which labor standard process requires the most training and experience to execute
properly?
- Time study
- Predetermined time standards
- Work sampling
- Historical experience - ANSWER Time Study
Characterized by continuous and forced problem solving via a focus on throughput and
reduced inventory: - ANSWER Just-in-time (JIT)
In lean production, Kaizen means: - ANSWER continuous improvement
The objective of supply chain management is to coordinate activities within the S.C. to
maximize the S.C.'s ____________ _____________ and benefits to the ultimate consumer. -
ANSWER Competitive Advantage
Never outsource your _________________; instead focus on them. - ANSWER Core
Competencies
2
, Situation in which suppliers compete with one another; greater responsibility: - ANSWER
Many Suppliers
*Situation in which buyer forms strong intimate relationships with suppliers: - ANSWER
Few Suppliers
Examples include Pepsi getting into bottling and Apple acting as a chipmaker but also a retail
store owner. - ANSWER Vertical Integration
Developing the ability to produce goods or services previously purchased: - ANSWER
Vertical Integration
Six Sourcing Strategies: - ANSWER - Many suppliers
- Few suppliers
- Vertical integration
- Joint ventures
- Keiretsu networks
- Virtual Companies
Cooperation without diluting brand or conceding competitive advantage; formal
collaboration. - ANSWER Joint Ventures
A middle ground between few suppliers and vertical integration; members expects long-
term relationships and provide technical expertise and stable deliveries. - ANSWER
Keiretsu Networks
Rely on a variety of supplier relationships to provide services on demand; exceptionally lean
performance, low capital investment, flexibility, and speed. - ANSWER Virtual Companies
3
