________ and ________ vital and relate to each the layout of goods and offerings. -
ANS-Product & system design
_________ can help groups meet demand and work greater efficiently - ANS-Inventory
____________________'s excellent process relied on the client's belief of best because the last
degree, as opposed to clearly following product specs. - ANS-Juran
three Types of Inventory - ANS-Raw Materials
Work in Process (WIP)
Finished Goods
5-step wondering procedure which allows a organization acquire
choicest throughput (the maximum rate of output feasible) within the current machine,
via figuring out the bottleneck and coordinating the system across the
bottleneck's capability - ANS-Theory of Constraints (TOC)
7 Basic Tools of SPC - ANS-Cause & effect (fishbone) diagram
Check Sheet
Histogram
Pareto chart
Scatter plot
Control Chart
Run Chart
A non-stop development strategy
that relates to the firm's capacity to supply error unfastened
merchandise. - ANS-Six Sigma
A discount presented in charge for ordering above a unique quantity - ANS-Quantity discount
A discount offered on transport price for ordering above a unique amount - ANS-transportation
cut price
a metric for figuring out how tons potential is used, on common - ANS-capability usage
a technique via which a organization compares its overall performance to the performance
of different organizations. Those different organizations want not be competition, nor be in the
equal
,enterprise. - ANS-benchmarking
A secondary technique of Six Sigma - ANS-DMADV (Define, Measure, Analyze, Design and
Verify)
This is used mainly for new products or methods and is also known as Design for Six Sigma
(DFSS).
ABC analysis follows the _______________ precept - ANS-Pareto
ABC evaluation become evolved to _______________________ - ANS-determine which
inventory items ought to acquire the best degree of control. Based on focusing efforts where
payoff is the best.
A Items: very tight manipulate and accurate data
B Items: Less tightly controlled and top facts
C Items: Simplest controls viable and minimal information
Also referred to as the Ishikawa Diagram. Shows the effect of various inputs into the end result
of a procedure. Helps Companies isolate root reasons of troubles inclusive of bottlenecks of
their approaches. - ANS-Cause & Effect (Fishbone) Diagram
1 of the 7 primary tools of SPC
an agreement between or extra parties to pursue a set of agreed upon objectives needed at the
same time as closing impartial agencies - ANS-Strategic Alliance
an authorization to move a box of parts or substances. Without
it, nothing can be moved. - ANS-C-Kanban
any aid whose potential is much less than or same to call for for that useful resource -
ANS-Constraint
authorize the manufacturing of parts or subassemblies - ANS-P-kanban
Buildup, Survey, Test Market, Panel of Experts - ANS-Qualitative Forecasting Methods
Businesses are shifting from organizing by using feature to organizing through - ANS-manner
By enforcing the theory of constraints (TOC), an operations manager is making an attempt to
________. - ANS-attain most reliable throughput
may be expressed as "economies of scale via product line diversification."
, It implies building the extent essential to cover constant prices through generating a number of
products at the
identical equipment. This calls for flexibility in the organisation. - ANS-economies of scope
can be inner to the
employer or outside related to
the client. - ANS-failure costs
Capacity Planning Strategies - ANS-Lead - adds capability with the anticipation of an increase in
call for. This method is
taken into consideration aggressive and is mainly used in order to obtain clients from
competitors by way of lowering the quantity of lead time and enhancing service ranges.
Using this approach guarantees good enough potential is available to meet all needs
in the course of excessive boom durations
Lag - provides capacity simplest after an organisation is jogging at full capability or is past
due to growth in demand. This is the alternative of lead ability approach.
Match - adds capacity in small incremental quantities in response to changing
demands in the market
Adjustment - provides or reduce potential in small or big quantities as customer
demand or important modifications to product or device architecture happens
Common goals are advanced all through the budgeting and making plans manner, which occurs
___________ - ANS-yearly
Companies adopting continuous development as an organizational philosophy have determined
that the subsequent key additives are vital: - ANS-Assign groups to discover regions for
improvement.
Use methods analysis and trouble-fixing equipment.
Use the Plan-Do-Check-Act cycle.
Document improved strategies.
Competitive benefit - ANS-functionality that clients fee, along with short shipping leadtime or
excessive product first-rate that gives an enterprise an facet towards its opposition.
Component of Continuous Improvement - ANS-Identify areas for improvement
Methods analysis and trouble solving tools
Document improved approaches
automatic information device used for making plans and coping with
stock for dependent demand objects. Inputs consist of:
o Master time table document