What is the primary goal of a profit-oriented organization?

Quiz on Synchronized Manufacturing and Theory of Constraints

Quiz
•
Financial Education
•
University
•
Hard
YULIAN MAYOR
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
To expand market share
To minimize operational costs
To gain money now and in the future
To maximize employee satisfaction
2.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Which of the following is NOT a parameter of TOC?
Inventory
Throughput
Net Profit
Market Share
3.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
What does a bottleneck resource signify?
It has no impact on production
Its capacity is less than demand
Its capacity is equal to demand
Its capacity is greater than demand
4.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
According to TOC, what should be balanced instead of capacity?
Workforce
Inventory
Flow
Production speed
5.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
What is the consequence of losing an hour at a bottleneck resource?
It leads to lost sales
It has no effect on the system
It reduces overall production
It increases inventory
6.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Which rule states that the utilization of a non-bottleneck resource is determined by system limitations?
Rule 1
Rule 2
Rule 3
Rule 4
7.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
What is the effect of gaining production time at a non-bottleneck resource?
It increases finished products
It leads to unnecessary inventory
It boosts sales directly
It has no impact on production
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