Operations Management

What is the term for unnecessary movement or use of equipment?

• Waste of Transportation

• Motion Waste

• Not fully utilized workers

• Inventory Waste

What are the reasons behind INVENTORY WASTE?

• Incorrect forecast

• Inefficient plant layout

• Just-in-Case mindset

• Inadequate inventory planning

What type of facility layout pattern does the company embrace when they dive into the world of Lean Philosophy?

Which of the following is NOT an advantage of Product Layout?

• Short-unit production time

• Low labor-skill requirements

• Requires a lower investment in equipment

• Use of specialized handling equipment

It involves planning, coordinating, and controlling the acquisition, storage, handling, and movement of raw materials, purchased parts, semi-finished goods, supplies, tools, and other materials that are needed in the production process.

• Operations Management

• Production Management

• Inventory Management

• Materials Management

What type of inventory is created during the off season to prepare for peak demand?

• Peak inventory

• Lot-size inventory

• Anticipation inventory

• Fluctuation inventory

On ABC inventory Analysis, ___ items account for a small peso value but a large percentage of the total items.

• A

• B

• C

• D

Which of the following is NOT a cause of EXTRA PROCESSING?

• Lack of standards

• Poor layout

• Not understanding the costs

• Customer needs not understood

What are the different ways to capture the voice of the customer?

• Field reports

• Focus Groups

• Direct Discussion

• Warranty Data

It is a structured approach to defining customer needs or requirements and translating them into specific plans to produce products to meet those needs.