Exam | Questions and Answers
Graded and Rated A+ | Latest 2024
Time Study - Correct Answer - A technique for developing a standard time
based on actual observations of the operator.
Crossdocking - Correct Answer - Eliminates the storage and order-picking
functions of a distribution warehouse.
External Distributors - Correct Answer - Transport product or service to
appropriate locations for eventual sale to customers.
predetermined time data - Correct Answer - Published database of
elemental time data used for establishing standard times.
Order qualifiers - Correct Answer - Competitive priorities that must be met
for a company to qualify as a competitor in the marketplace.
, Input/output control - Correct Answer - A technique for monitoring the flow
of jobs between work centers.
Manufacturing crossdocking - Correct Answer - The receiving and
consolidating of inbound supplies and materials to support just-in-time
manufacturing.
Explosion process - Correct Answer - Calculates the demand for the
children of a parent by multiplying the parent requirements by the children's
usage as specified in the BOM.
Job tardiness - Correct Answer - Measures how long after the due date
the job is completed.
Process velocity - Correct Answer - Ratio of throughput time to value-
added time.
variable costs - Correct Answer - Costs that vary directly with the amount
of units produced.
Expected Value (EV) - Correct Answer - A weighted average of chance
events, where each chance event is given a probability of occurrence