,1. In the context of supply chain management, what is the primary
purpose of implementing a just-in-time (JIT) system?
A) To increase the inventory holding costs
B) To reduce waste and improve product quality
C) To extend the lead time of suppliers
D) To diversify the supplier base
Answer: B) To reduce waste and improve product quality
Rationale: JIT systems aim to minimize inventory levels, which reduces
waste and storage costs, and promotes quality improvements through
continuous process optimization.
2. When analyzing the bottleneck process in a production line using the
Theory of Constraints, which action should be prioritized?
A) Increasing the capacity of non-bottleneck processes
B) Outsourcing the bottleneck process
C) Expediting work through the bottleneck
D) Reducing the quality standards to speed up production
Answer: C) Expediting work through the bottleneck
Rationale: The Theory of Constraints focuses on identifying and
improving the system's constraint (bottleneck). Expediting work through
the bottleneck maximizes throughput and improves overall system
performance.
,3. Which of the following best describes the role of Six Sigma in
operations management?
A) A qualitative approach to decision-making
B) A financial strategy to reduce operational costs
C) A data-driven methodology for process improvement
D) A human resource initiative to improve employee satisfaction
Answer: C) A data-driven methodology for process improvement
Rationale: Six Sigma is a set of techniques and tools for process
improvement, utilizing statistical methods to reduce defects and
variability, thereby improving quality and efficiency.
4. In a manufacturing environment, what is the main advantage of using
an Enterprise Resource Planning (ERP) system?
A) To simplify the recruitment process
B) To enhance customer relationship management
C) To integrate all aspects of operations and finance
D) To solely focus on environmental sustainability
Answer: C) To integrate all aspects of operations and finance
Rationale: ERP systems are designed to integrate various functions
across an organization, providing a unified and real-time view of core
business processes, which enhances coordination and decision-making.
5. What is the primary goal of Total Quality Management (TQM)?
, A) To delegate quality control responsibilities to management only
B) To focus exclusively on product design
C) To involve all employees in continuous quality improvement
D) To comply with external quality standards without internal changes
Answer: C) To involve all employees in continuous quality improvement
Rationale: TQM is an organization-wide approach that seeks to improve
the quality of products and services by involving all employees in the
pursuit of operational excellence and customer satisfaction.
6. In operations management, what is the significance of the critical path
method (CPM)?
A) It is used to identify the shortest path to market for new products
B) It determines the longest sequence of activities in a project plan
C) It calculates the most cost-effective way to allocate resources
D) It is a technique for employee performance evaluation
Answer: B) It determines the longest sequence of activities in a project
plan
Rationale: CPM is a step-by-step project management technique for
process planning that outlines critical and non-critical tasks with the goal
of preventing timeframe problems and process bottlenecks.
7. Which of the following best exemplifies a pull system in operations
management?
A) Producing goods based on forecasted demand
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Bankart. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $17.99. You're not tied to anything after your purchase.
