Question
The three most important metrics according to the theory of constraints are Throughput, utilization, and inventory. Inventory, efficiency, and utilization. Efficiency, utilization, and operating expenses.
The three most important metrics according to the theory of constraints are
Throughput, utilization, and inventory.
Inventory, efficiency, and utilization.
Efficiency, utilization, and operating expenses.
Throughput, inventory, and operating expenses.
2.
Which of the following is a tactic for reducing demand pressure on a process bottleneck?
A.Place a quality inspection point immediately before the bottleneck.
B.Decrease the size of batches run through the bottleneck (assuming setup required).
C.Increase inventory levels the non-bottleneck resources.
D.All of the above.
3The level of supply chain resilience is determined by the ability to
Prepare, detect, and mitigate disruptions.
Plan, detect, and act on disruptions.
Diagnose, act, and stop disruptions.
Plan, see, and secure disruptions.
When an automobile manufacturer purchases a firm that produces wiring harnesses, this is an example of
A. Major process redesign.
Forward integration.
C.Backward integration.
D.Supply chain system change.
5.Which of the following is NOT true concerning lean systems and supply chain performance?
A. Setup time reduction has minimal impact on the overall supply chain.
B.Once lot sizes are reduced, inventory levels in the supply chain are also reduced.
C.The presence of lean systems indicates stronger supply chain performance.
D.Lean thinking has added to supply chain risk in some cases.
6.When the majority of the company's business is given to one supplier and other suppliers are treated as backup suppliers, this is called?
A preferred supplier strategy.
A dual sourcing strategy.
A cross-sourcing strategy.
A spend consolidation strategy.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started