COB2 - Lesson 2

1. 1. A process that ensures a product or service meets the desired quality standards

• Product insurance

• Quality assurance

• Resources allocation

• Performance measurement

2. What does "production yield" mean?

• A process where tasks are performed sequentially in a specific order

• Minimizing inventory by receiving materials only when needed for production

• The percentage of raw materials that are successfully converted into finished goods

• A point in the production process that slows down overall output

3. What does "lean manufacturing" mean?

• Eliminating waste and maximizing efficiency throughout the production process

• The process of assigning and managing assets in a way that supports an organization's strategic planning goals

• A production system that minimizes the use of automation by relying mainly on manual labor

• Minimizing inventory by receiving materials only when needed for production

4. The team follows a .......... ............. where each task must be completed before moving on to the next one.

5. Performance measurement is the process of collecting, analyzing, and/or reporting information regarding the performance of an individual or organization.

• TRUE

• FALSE

6. 6. The manager is responsible for ........... ............ and ensuring that each project has the necessary resources to succeed.

7. 7. The operations manager needs to ..................................... manufacturing, inventory and quality control to ensure market-ready products and services.

8. 8. Making ......................................... at random with audience is a must-do action for professional presenters.

9. 9. If you have any questions, I'll be happy to ....................... them as we go along.

• read

• ask

• answer

• solve

10. 10. To .................................... is to refill or restock what is needed for smooth operations.