exam 1 Flashcards

(38 cards)

1
Q

triple bottom line includes

A

people, planet, and profit

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2
Q

functional strategies should

A

support the business strategy

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3
Q

price as a core competency ex.

A

walmart

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4
Q

pay raises rely on improved

A

productivity

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5
Q

the cost of maintaining equipment is an [] cost

A

prevention

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6
Q

the testing and inspection of raw materials, work in process, and finished goods would be an example of []

A

appraisal

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7
Q

ex of quality appraisal tool

A

process flow charts

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8
Q

[] costs result from defects or quality problems before the product or service is delivered to the customer

A

internal failure

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9
Q

quality management tool designed to identify the relatively few but most critical causes of quality problems

A

Pareto chart

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10
Q

economies of scale identifies

A

the optimal capacity to minimize cost

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11
Q

when workflow of an operation is limited, partially completed units will accumulate at the

A

bottleneck

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12
Q

break even means

A

rev = costs

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13
Q

the product/process matrix is defined by

A

vol and var

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14
Q

mass customization is

A

high vol, high var

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15
Q

modules provide

A

var w limited input

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16
Q

compared to a repetitive process, a job shop process to accomplish similar production will typically have

A

low FC, high VC

17
Q

the layout type most appropriate for a hospital would be

A

process focussed

18
Q

key req for an office layout is

A

communication

19
Q

appropriate control chart for tracking defects over time

20
Q

firms that provide components or finished goods and services to the primary firm are called [] suppliers

21
Q

what industry would be most associated with providing services

22
Q

steps in traditional product development

A

business analysis, idea generation, market testing

23
Q

types of sustainability

A

economic, environmental, social

24
Q

productivity =

25
TQM parts
continuous improvement, employee involvement, benchmarking, six sigma
26
what is the difference between common and special cause variation
common cause is expected, special cause is not
27
what does a mean chart track
average measurment
28
what does a c chart track
counted defects
29
capacity is the [] amount of [] an operation is capable of producing in a given time period
max, output
30
utilization =
actual/design capacity
31
efficiency =
actual/effective capacity
32
design capacity
max output rate or service capacity
33
effective capacity
design capacity minus allowances
34
actual output
rate of output actually achieved - cannot exceed effective capacity
35
cycle time =
production time available/demand
36
min Cpk req
1.0
37
Cpk=
upper spec limit - x bar/3 sigma, x bar- lower spec limit/3 sigma
38
core competencies
price, quality, time, innovation, flexibility