Exam (elaborations)
OPERATIONS AND SUPPLY CHAIN MANAGEMENT EXAM 1QUESTIONS AND ANSWERS
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OPERATIONS AND SUPPLY CHAIN MANAGEMENT EXAM 1QUESTIONS AND ANSWERS
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1-97 of 97in this kind of process organization, there is a dedicated area where products that are
similar in processing requirements are produced and these cells are designed to
perform a specific set of processes and the cells are dedicated to a limited range of
products
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manufacturing cell layout
,occurs when a company seeks to match the benefits of a successful position while
maintaining its existing position; it adds new features, services, or technologies onto
the activities it already performs
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straddling
the objective of this is to provide an approach for determining the overall capacity
level of capital-intensive resources--facilities, equipment, and overall labor force size-
-that best supports the company's long-term competitive strategy
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strategic capacity planning
this was created by the international organization for standardization and plays a
major role in setting quality standards for global manufacturers
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ISO 9000
this pertains to fair and beneficial business practices toward labor, the community, and
the region in which a firm conducts its business; the company seeks to benefit its
employees, the community, and other social entities that are impacted by the firm's
existence (part of the triple bottom line)
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social
the ability to hold, receive, store, or accommodate; in a general business sense, it is
most frequently viewed as the amount of output that a system is capable of achieving
over a specific period of time
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capacity
this can be defined as planning, directing, and controlling resources (people,
equipment, material) to meet technical, cost and time constraints of the project
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project management
this is the long-term average rate that items are flowing through the process
(inventory)
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throughput
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