A new, energy-efficient furnace is being installed in a steel factory. Because it
would have added 10% to the cost of the furnace, management has decided not to
install the optional safety override for the furnace. This decision is most likely to
lead to which of the following? - ANSWER- An increase in legal costs
Refers to the organizational issue of balancing financial profitability with
environmental responsibility - ANSWER- sustainability
Operations managers rarely become involved with worker safety or environmental
pollution complaints because such ethical issues are only handled by an
organizations legal department. True or False - ANSWER- False
SWOT analysis is used as a tool when a firm crafts a strategy that helps
distinguish itself among competitors, develops competitive advantages, and
avoids barriers within the business environment. - ANSWER- strategic
The difference between the lowest cost producer of a good and the next lowest cost
producer of the same good is known as a - ANSWER- Relative advantage
Characteristics associated with a perpetual inventory system - ANSWER- -when a
company needs to know exact inventory balances at all times
-when a company wants accurate financial statements
Under what two conditions should I periodic review system be adopted -
ANSWER- -When a supplier will only deliver at a specific interval
-when a company must manually track inventory levels
SWOT analysis is used as a tool when used to uncover exploitable
opportunities within the competitive landscape. - ANSWER- simple
What best describes a competitive advantage? - ANSWER- A capability valued
by customers that gives a firm in edge over its rivals
A technique used to analyze the flow of materials, ideas, and information to
understand how processes function. Each activity in the process is defined as a
value added or non-value added - ANSWER- Value stream mapping
In a JIT environment, the master schedule usually has a planning horizon.
- ANSWER- 2-3 month
What production system uses general purpose machinery and is level scheduled? -
ANSWER- JIT
What indicates the quantities of component parts that will be made each day,
because leadtimes are usually short in a JIT environment - ANSWER- Final
assembly schedule
Which technique should a company adopt to keep a smooth production process? -
ANSWER- Level schedule
What helps to reduce set up time in a JIT system? - ANSWER- Placing the needed
tools and equipment in predetermined locations and shortening the downtime of
equipment
Why is the movement of materials simplified in a JIT system? - ANSWER- Parts
are moved by hand
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Tijdens mijn studie aan de Arteveldehogeschool en KU Leuven heb ik opdrachten gemaakt die ik nu via Knoowy deel met andere studenten.
Goed voor als je een samenvatting nodig hebt of de leerstof niet zo goed snapt, maar ook voor als je bijles nodig hebt.
Werkt prima, gelijk downloaden en geen ingewikkelde procedures. Heel fijn!
Knoowy heeft mij geholpen om aan samenvattingen te komen, zodat ik tijd bespaar door het zelf niet te hoeven maken.
Ik vind Knoowy de max! Door de hulp van andere studenten kan ik mijn examens makkelijker halen.
Knoowy is handig voor tijdens de examens en biedt hulp bij tijdsnood. Heel gemakkelijk!
Handig te gebruiken bij het leren en er is veel aanbod op de website.
Aan te raden! Goedkoop en snel! Het aanbod is heel goed en je kan je favoriete personen volgen.