A) As a lean production system because it uses less of every resource compared with the conventional mass production system.
B) As a conventional reorder point system with extremely small lot sizes.
C) As a pull system as opposed to the conventional push system.
D) All of the above.
E) "A" and "C" only.
Correct Answer
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Multiple Choice
A) computer controlled/batches or lots
B) computer controlled/inventories
C) kanban-controlled/stock on hand
D) kanban-controlled/work-in-process inventories
E) computer controlled/stock on hand
Correct Answer
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Multiple Choice
A) the cost of materials / storage
B) the cost of shipping / holding
C) the cost of inventory / storage
D) inventory levels / materials'
E) inventory levels / inventory holding
Correct Answer
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Multiple Choice
A) large orders / increased
B) computerization / flat
C) smaller orders / increased
D) computerized ordering systems / reduced
E) smaller lot sizes / reduced
Correct Answer
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Multiple Choice
A) profits
B) return on investment
C) dividends
D) "A" and "B"
E) "B" and "C"
Correct Answer
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Multiple Choice
A) push system / push
B) pull system / pull
C) traditional system / ship
D) traditional system / transfer
E) pull system / push
Correct Answer
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Multiple Choice
A) costs / computer
B) waste / kanban
C) expenses / kanban
D) costs / kanban
E) waste / computer
Correct Answer
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Multiple Choice
A) JOT / MRI / JOT or hybrid
B) JIT / MBO / JIT or hybrid
C) JIT / MRP / JIT or hybrid
D) JOT / MRP / JOT or matrix
E) JIT / MRI / JIT or hybrid
Correct Answer
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Multiple Choice
A) customer service / quality
B) relationships / customer service
C) customer service / satisfaction
D) buyer relations / supplier satisfaction
E) quality / customer satisfaction
Power Point Slide 30
Correct Answer
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Multiple Choice
A) opportunities
B) strengths
C) opportunities and advantages
D) competitive opportunities
E) competitive advantages
Correct Answer
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Multiple Choice
A) JIT / JIT
B) JST / JST
C) GOP / GOP
D) JOB / JOB
E) ITS / ITS
Correct Answer
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Multiple Choice
A) improving quality of incoming materials and supplier delivery performance
B) along with reducing lead times and cost of materials
C) improving supplier relationships and reducing waste
D) "A" and "B" only
E) "A" and "C" only
Correct Answer
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Multiple Choice
A) all involved
B) all employees
C) top management
D) middle management
E) the purchasing department
Correct Answer
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Multiple Choice
A) regularity / unstable
B) variability / stable
C) variability / variable
D) predictability / predictable
E) stability / stable
Correct Answer
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Multiple Choice
A) stakeholders
B) their employees
C) their stockholders
D) their bankers
E) their lenders
Correct Answer
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Multiple Choice
A) low prices / JIT
B) low costs / JOB
C) high-quality products / JIT
D) quality products / MOB
E) satisfaction / MBO
Correct Answer
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Multiple Choice
A) different management styles, and so forth
B) supplier power
C) a diverse workforce
D) cultural differences
E) geographical dispersion of suppliers
Correct Answer
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Multiple Choice
A) culture
B) procedure
C) communication style
D) life styles
E) policy
Correct Answer
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Multiple Choice
A) reduced waste and shorter setup times
B) reduced purchasing lead times and setup times
C) faster delivery and smaller orders
D) increased purchasing lead times and shorter setup times
E) short purchasing lead times and lower costs
Correct Answer
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True/False
Correct Answer
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