IET 505-Production Technology Final
Exam questions well answered
The following is a counterargument to some of the "usual answers" as to why American
Manufacturing is in decline: Growth of government regulation, taxes, etc.-some economies (e.g.
Sweden) have a much higher taxation and heavier regulation than the U.S. - correct answer ✔✔
False
The following is a counterargument to some of the "usual answers" as to why American
manufacturing is in decline: Advent of unusually high capital costs caused by high inflation.
European inflation (except Germany's) has generally been higher than that in the United States.
If it is none of the above, what else is left? Bad management! - correct answer ✔✔ True
Zero setup time allows flexibility in batching (i.e., lot of lot sizes) - correct answer ✔✔ True
Zero setup time enables the plant to match production to demand without maintaining large
stores of finished goods inventory - correct answer ✔✔ True
In all but the smallest systems, the MRP calculations are impractical without a computer -
correct answer ✔✔ True
MRP did not appear until the 1960's and 1970's when computers became available for business
pursposes - correct answer ✔✔ True
Unfortunately, because these early computers were not powerful the calculations had to be
kept quite simple, which was done by means of the infinite capacity - correct answer ✔✔ True
Exam questions well answered
The following is a counterargument to some of the "usual answers" as to why American
Manufacturing is in decline: Growth of government regulation, taxes, etc.-some economies (e.g.
Sweden) have a much higher taxation and heavier regulation than the U.S. - correct answer ✔✔
False
The following is a counterargument to some of the "usual answers" as to why American
manufacturing is in decline: Advent of unusually high capital costs caused by high inflation.
European inflation (except Germany's) has generally been higher than that in the United States.
If it is none of the above, what else is left? Bad management! - correct answer ✔✔ True
Zero setup time allows flexibility in batching (i.e., lot of lot sizes) - correct answer ✔✔ True
Zero setup time enables the plant to match production to demand without maintaining large
stores of finished goods inventory - correct answer ✔✔ True
In all but the smallest systems, the MRP calculations are impractical without a computer -
correct answer ✔✔ True
MRP did not appear until the 1960's and 1970's when computers became available for business
pursposes - correct answer ✔✔ True
Unfortunately, because these early computers were not powerful the calculations had to be
kept quite simple, which was done by means of the infinite capacity - correct answer ✔✔ True
