PAPER 2026 QUESTIONS WITH ANSWERS
GRADED A+
◍ Technology.
Answer: The application of scientific knowledge and tools to improve
healthcare delivery and patient outcomes
◍ 6 Types of Inventory.
Answer: o Raw Materialso Work In Progresso Finished Goodso
Replacement Parts Inventoryo Supplieso Transportation
◍ Productivity.
Answer: A mathematical calculation; it is the ratio of the outputs achieved
divided by the inputs consumed to achieve those outputs.
◍ Match.
Answer: Adds capacity in small incremental amounts in response to
changing demands in the market
◍ Lead time.
Answer: Amount of time it takes to plan, produce, and deliver a product
◍ Facility location.
Answer: The placement of a facility with regard to a company's customers,
suppliers, and other facilities with which the company interacts based on
quantitative and qualitative factors. Quantitative factors are easily
measurable and are usually assigned a numerical value, while qualitative
factors are more subjective and are usually not enumerated.
◍ Seasonal Demand.
Answer: Demand as shoppers adjust their purchase velocity in line with
, holidays, especially Christmas. But Halloween, Thanksgiving and even St.
Patrick's Day also create seasonal demand for certain kinds of merchandise.
◍ Dual Card Kanban.
Answer: The two-kanban system, which combines the C-kanban and the
P-kanban, is known as a dual-card kanban system. Its major advantage over
single-card kanban is that it allows greater control over production, as well
as over inventory, because both production and withdrawal of inventory are
directly connected to need.
◍ Internal orientation of quality.
Answer: Directly measure characteristics of the product or service, such as
the number of packages delivered on time or the thickness of an engine part
based on manufactures specification.
◍ Conformance.
Answer: Degree to which a product's design and operating characteristics
match pre-established standards.
◍ Weighted Moving Average.
Answer: Applying a simple average with based on a specific time period
with assigned weights to each
◍ Push system.
Answer: Moves materials through the processing operations based on a
schedule. Uses a master scheduleto plan builds out in time, and parts (raw
materials, subassemblies, etc.) are ordered based on this build plan.
◍ Work-in-process (WIP).
Answer: These are partly finished parts, components, sub-assemblies, or
modules.
◍ Qualitative Methods.
Answer: Forecasting techniques are subjective, based on the opinion and
judgment of consumers and experts. They are appropriate when past data are
not available. Most suitable for new products or products without historical
data. Buildup method, Survey method, Test markets, Panel of experts
, ◍ Reverse Logistics.
Answer: Process of returning defective products to the manufacturer for
repair or replacement, and/or efforts to reuse and recycle materials.
◍ Forecasting.
Answer: Process of making predictions of the future based on past and
present data and most commonly by analysis of trends. Steps include: o
Determine the objectives of the forecast o Develop and test model o
Applying the model - Consider real-world constraints on the model's
application o Revising and evaluating the forecast
◍ Just in Time 2 (JIT II).
Answer: Relationships with suppliers are further strengthened beyond
vendor managed inventory in which the supplier places a representative on
the customer's site that is dedicated to the customer's products only.
Although an employee of the supplier, this person is authorized to purchase
material for the customer.
◍ Conveyance kanban, or C-kanban.
Answer: A digital signal or electronic authorization to move a container of
parts or replenishment of materials. E-kanban can also be used to authorize
the production of parts or subassemblies. This is usually achieved by
scanning barcodes with a mobile app or digital device to alert necessary
parties of the materials needed.
◍ The Theory of Constraints 5-step thinking process.
Answer: 1. Identify the system's constraint(s): Determine the bottleneck of
improvement opportunity2. Exploit the system's constraint: Ensure the
bottleneck is at 100% capacity utilization or throughput. 3. Subordinate
everything else to the above decision: Communicate the bottleneck4.
Elevate the system's constraint: Determine how to increase the bottleneck's
capacity 5. If a constraint has been broken, go back to step 1. Do not allow
inertia to cause a system's constraint.As indicated in the 5th step of the
thinking process, TOC is about continuous improvement. Once one
bottleneck has been identified and overcome, another constraint will become