OPMA 3306 Exam 2 UTA UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS

OPMA 3306 Exam 2 UTA UPDATED ACTUAL QUESTIONS AND CORRECT
ANSWERS

Production Processes used to make any manufactured item


Steps in the Production Process -Step 1 - Source the parts needed


-Step 2 - Make the product


-Step 3 - Deliver the product


Lead time the time needed to respond to a customer order




Customer order decoupling point where inventory is positioned to allow entities in the supply chain to operate
independently


Lean manufacturing a means of achieving high levels of customer service with minimal inventory
investment


Types of Firms 1. make to stock
2. assemble to order
3. make to order
4. engineer to order


Make-to-stock Serve customers "on demand" from finished goods inventory


Assemble-to-order Combine a number of pre-assembled modules to meet a customer's
specifications


Make-to-stock make the customer's product from raw materials, parts and components


-ex: tv's, clothes, packaged food


Engineer-to-order work with the customer to design and then make the product


Production Process Mapping Develop a high-level map of a supply chain process


-Useful to understand how material flows and where inventory is held


Little's law the flow of item through a production process