1.
Goldratt's rule of production scheduling include all but:
A.
Do not balance the capacity - balance the flow
B.
Utilization and activation of resource are not the same thing
C.
An hour saved on a bottleneck is a mirage
D.
A process batch should be fixed both along its route and in time
E.
Priorities can be set only by examining the system's constraints
2.
The steps in Goldratt's Theory of Constraints problem solving approach include:
A.
Identify the system constraints
B.
Decide how to exploit the system constraints
C.
Elevate the system constraints
D.
A and B
E.
A and C
F.
A, B, and C
3.
The measures of the firm's ability to make money include:
A.
Net profit
B.
Return on assets
C.
Cash flow
D.
A and B
E.
A and C
F.
A, B, and C
4.
Operational measures include:
A.
Throughput
B.
Inventory
C.
Operating expenses
D.
A and B
E.
B and C
F.
A, B, and C
5.
From an operations standpoint, the goal of the firm is to simultaneously increase throughput and inventory and reduce operating expenses.
A.
True
B.
False
6.
If there is no bottleneck, then excess capacity exists and the system should be changed to create a bottleneck.
A.
True
B.
False
7.
Which of the following is not a component of production cycle time?
A.
Setup time
B.
Process time
C.
Wait time
D.
Queue time
E.
Maintenance time
8.
If the system contains a bottleneck, the _______ is the best place for control. If there is no bottleneck, the __________ is the best place for control.
A.
Capacity-constrained resource, bottleneck
B.
Capacity-constrained resource, drum
C.
Bottleneck, capacity-constrained resource
D.
None of the above
9.
According to Goldratt and Fox, a useful performance measure to treat inventory is ______.
A.
Inventory turnover
B.
Current ratio
C.
Quick ratio
D.
Dollar days
E.
None of the above
10.
The drawbacks of JIT in relation to synchronous manufacturing include all but:
A.
JIT is limited to repetitive manufacturing
B.
JIT requires a stable production level
C.
JIT uses a schedule to assign work to each workstation
D.
JIT does not allow very much flexibility in the products produced
E.
All of the above are drawbacks of JIT
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