2027) Questions & Answers {Grade A}
100% Correct
Advantages of Robots in Manufacturing - correct answer - Ideal for repetitive tasks
that require precision. - Can perform hazardous tasks.
- Do not tire or suffer from lack of concentration. - - Cost effective as can operate
24/7.
Important factors for location - correct answer - availability of qualified labor force
- transportation
- quality of life
- infrastructure
Technological impacts on location - correct answer - workforce can telecommute
- lessens significance of facility location
,- internet makes it possible for companies to collaborate easier
Facility layout - correct answer the physical arrangement of resources (including
people) in the production process
Materials Requirement Planning (MRP) - correct answer getting necessary material
and resources in the quantity when needed
Enterprise Resource Planning (ERP) - correct answer Enterprise wide database and
software system that integrates all business functions
- leading ERP system: SAP
Purchasing - correct answer the function in a firm that searches for high-quality
material resources, finds the best suppliers, and negotiates the best price for goods
and services
, Inventory - correct answer - finished or semi-finished products
- raw materials and components
- tradeoff between storing cost and shortage cost
Just-In-Time Inventory Control - correct answer - holds inventory to a minimum
- relies on close relationship with suppliers
Quality Control - correct answer - getting quality products is a continuous process
- started with statistical process control(SPC)
- moved to modern statistical quality control(SQC)
--> monitors all phases of production
Six Sigma - correct answer Sets a benchmark of 3.4 defects per million