Busi 2003 1 final exam Study guides, Class notes & Summaries

BUSI 2003 FINAL EXAM – QUESTION AND ANSWERS • Question 1 4 out of 4 points Throughput time, process flow rate, capacity, and average amount of inventory in the system are some of the key metrics of a manufacturing process. Selected Answer: True Correct Answer: True Answer Feedback: (pp. 109, Little law is: I = T X R or average inventory = average throughput rate X average flow rate). • Question 2 4 out of 4 points The concept of mistake-proofing was first ...

BUSI 2003 FINAL EXAM – QUESTION AND ANSWERS

BUSI 2003 FINAL EXAM – QUESTION AND ANSWERS

BUSI 2003 FINAL EXAM – QUESTION AND ANSWERS Throughput time, process flow rate, capacity, and average amount of inventory in the system are some of the key metrics of a manufacturing process. Selected Answer: True Correct Answer: True Answer Feedback: (pp. 109, Little law is: I = T X R or average inventory = average throughput rate X average flow rate). • Question 2 4 out of 4 points The concept of mistake-proofing was first developed in the 1960s by Shigeo Shingo....

BUSI 2003 FINAL EXAM – QUESTION AND ANSWERS

1. Question: Throughput time, process flow rate, capacity, and average amount of inventory in the system are some of the key metrics of a manufacturing process. 2. Question: A small value of a is used when we require a simple exponential smoothing model to be responsive to the recent demand pattern. 3. Question: Five commonly employed forms of structural change of a supply chain include each of the following except: 4. Question: Little's Law in a manufacturing process relates to: 5. Que...

1. Question: Throughput time, process flow rate, capacity, and average amount of inventory in the system are some of the key metrics of a manufacturing process. 2. Question: A small value of a is used when we require a simple exponential smoothing model to be responsive to the recent demand pattern. 3. Question: Five commonly employed forms of structural change of a supply chain include each of the following except: 4. Question: Little's Law in a manufacturing process relates to: 5. Que...

1. Question: Throughput time, process flow rate, capacity, and average amount of inventory in the system are some of the key metrics of a manufacturing process. 2. Question: A small value of a is used when we require a simple exponential smoothing model to be responsive to the recent demand pattern. 3. Question: Five commonly employed forms of structural change of a supply chain include each of the following except: 4. Question: Little's Law in a manufacturing process relates to: 5. Que...

1. Question: Throughput time, process flow rate, capacity, and average amount of inventory in the system are some of the key metrics of a manufacturing process. 2. Question: A small value of a is used when we require a simple exponential smoothing model to be responsive to the recent demand pattern. 3. Question: Five commonly employed forms of structural change of a supply chain include each of the following except: 4. Question: Little's Law in a manufacturing process relates to: 5. Que...

1. Question: Throughput time, process flow rate, capacity, and average amount of inventory in the system are some of the key metrics of a manufacturing process. 2. Question: A small value of a is used when we require a simple exponential smoothing model to be responsive to the recent demand pattern. 3. Question: Five commonly employed forms of structural change of a supply chain include each of the following except: 4. Question: Little's Law in a manufacturing process relates to: 5. Que...