QUESTIONS WITH SOLUTIONS GRADED A+
◍ Throughput.
Answer: The maximum rate of output possible
◍ LEAN.
Answer: Traditional "factory" chain, which focuses on producing high
volume at low cost. The goal is to add value for customers by reducing the
cost of goods and lowering waste or non-value added activities. Most
suitable for traditional products with minimal innovation such as curtain
rods or can openers. Focus: Eliminate waste and reduce costs. For products
with long life cycles and stable demand.
◍ spiraling curriculum.
Answer: reintroduces topics with increasing complexity at different grade
levels
◍ data.
Answer: any information that can be used systematically to inform
instructional practice.
◍ Third Party Logistics.
Answer: A company outsources their distribution, warehousing, and
fulfillment services.
◍ project based learning.
Answer: an approach where students work on projects over an extended
period, which allows them to explore a subject in depth
◍ Adjustment.
Answer: Adds or reduce capacity in small or large amounts as consumer
demand changes; triggered by major changes to process or system
,◍ problem based learning.
Answer: a teaching method where students learn by solving complex,
real-world problems
◍ Effective capacity.
Answer: The maximum capacity given the product mix, equipment
changeovers, and scheduled downtime of the production schedule. Always
less than design capacity.
◍ Control charts.
Answer: Graphical depictions of process output where the raw data is
plotted in real-time within upper (UCL) and lower control limits (LCL).
◍ The goal of firms using the EOQ & EPQ model.
Answer: Minimize the total annual costs of ordering and holding inventory
by varying the order quantity.
◍ Responsiveness.
Answer: Willingness to help customers and provide prompt service.
◍ The master schedule or master production schedule (MPS).
Answer: Based on the "aggregated" plan. The master production schedule
"disaggregates the aggregate plan" because it is a specific statement of
exactly what will be produced and a specific date for production. The master
schedule planning horizon is as long as the cumulative lead time of the
product or product with the longest lead time. The MPS is usually between
12 and 16 weeks.
◍ independent study.
Answer: allows learners to progress at their own pace and pursue interests,
often requiring self-motivation and discipline.
◍ Assembly Line.
Answer: Process selection most appropriate to produce high volume with
little to no variation. Uses product facility layout (i.e. car manufacture)
◍ Durability.
, Answer: Ability of a product to function when subjected to hard and
frequent use.
◍ Finished Goods.
Answer: Items are ready to ship to the customer. No more work is required.
◍ content scaffolding.
Answer: helps the learner figure out an answer. ex. accessing prior
knowledge, direct instruction with gradual release of responsibility
◍ ERP (Enterprise Resource Planning).
Answer: More robust data driven system that stems from MRP II. Used
when all corporate data needs to be accessible to all employees.
◍ objectives.
Answer: specific, measurable goals set by educators to guide student
learning toward achieving standards
◍ Features.
Answer: Secondary characteristics that supplement the product's basic
functioning.
◍ performance based assessment.
Answer: an individual task, such as research paper, presentation, or report,
completed by a candidate and evaluated based on a rubric; a formal testing
process that demonstrates competency for a course.
◍ Bottleneck.
Answer: The most limiting constraint on the system
◍ Reserve Capacity.
Answer: When a company stores, or pays another company to store, excess
inventory to be used for unexpected demand
◍ Long-range operations planning.
Answer: Planning for facility location, technologies, and capacity that
typically extends 5 to 10 years
◍ Capacity planning.