SCM 303 Exam 2 (MSU SS'20) Questions and Correct Answers the Latest Update
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Course
SCM 303
Institution
SCM 303
Little's Law states there is a relationship between: (Choose All that apply)
- Inventory
- Flow time
- Output
- Throughput
Inventory, Flow Time, and Throughput
Throughput, sometimes referred to as output rate, is expressed in units
produced per hour. T/F?
False
If you maintain inventory...
SCM 303 Exam 2 (MSU SS'20) Questions
and Correct Answers the Latest Update
Little's Law states there is a relationship between: (Choose All that apply)
- Inventory
- Flow time
- Output
- Throughput
✓ Inventory, Flow Time, and Throughput
Throughput, sometimes referred to as output rate, is expressed in units
produced per hour. T/F?
✓ False
If you maintain inventory at a constant level and keep the throughput rate
Equipment utilization is normally expressed as a percentage of design capacity.
T/F?
✓ True
Which of these in not an approach to capacity planning?
- Tracking
- Leading
- Forecasting
- Following
✓ Forecasting
Benefits received from "economies of scale" include: (Choose all that apply)
- volume purchases of materials and supplies
- lower cost per unit produced
- a steady stream of customer orders
- the more you do something, the better you get at it
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