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- Among the following firm types, which one has the customer order decoupling point closest to the source? A. Make to stock B. Make to order C. Engineer to order D. Assemble to orderOnce data entered into the data warehouse, it cannot be modified anymore. True FalseTJ1. In the Toyota Production System, "jidoka" refers to 1 point e. Continuous line-balancing to maximize utilization f. The cross-training of workers for a wide range of skills g. None of these a. Level production, where different models are produced along side each other on the assembly line b. Continuous improvement, where workers organize meetings to discuss ways of improving the production process d. The aggressive reduction of changeover and setup times c. The inventory retrieval system where parts are replenished only when they are needed
- A finished goods inventory on average contains 10,000 units. Demand averages 1,500 units per week. Given that the process runs 50 weeks a year, what is the expected inventory turn for the inventory? Assume that each item held in inventory is valued at about the same amount.Break-even volume is the number of unit sales required for total revenue to cover total cost. Select one: O True O FalseJitsmart is a retailer of plastic action-figure toys. The action figures are purchased from Tacky Toys, Inc., and arrive in boxes of 48. Full boxes are stored on high shelves out of reach of customers. A small inventory is maintained on child-level shelves. Depletion of the lower-shelf inventory signals the need to take down a box of action figures to replenish the inventory. A reorder card is then removed from the box and sent to Tacky Toys to authorize replenishment of a container of action figures. The average demand rate for a popular action figure, Agent 99, is 36 units per day. The total lead time (waiting plus processing) is 11 days. Jitsmart’s safety stocky policy variable, a, is 0.25. What is the authorized stock levelfor Jitsmart?
- Software integration means handling the physical data storage * True O False O OFirms keep supplies of inventory to allow flexibility in production scheduling. True or FalseIncreasing the batch size on a resource with setups always increases the capacity of theprocess. True or false?a. True b. False
- You are the manager of a clinical laboratory at a mid-size (200-bed) community hospital. Physicians and nurses are concerned about the turnaround time for laboratory tests ordered on early morning rounds. It appears that the samples are collected by the phlebotomy team on the 6:00 A.M. rounds. Physicians begin their patient rounds at 7:30 A.M. The physicians prefer to review the results of the laboratory tests ordered at the time they see the patient. They explain to you that they cannot make decisions with regards to further patient treatment or dischargewithout these results. Time is of the essence, as the hospital is cutting the budget, and it is important to decrease the patient length of stay. You are expected to look into this matter and make recommendations regarding the most efficient and effective way to address this problem. Question: 1. What is the best method of addressing this problem? (What styles is the best in managing the field Autocratic, democratic or laissez-faire.)You are the manager of a clinical laboratory at a mid-size (200-bed) community hospital. Physicians and nurses are concerned about the turnaround time for laboratory tests ordered on early morning rounds. It appears that the samples are collected by the phlebotomy team on the 6:00 A.M. rounds. Physicians begin their patient rounds at 7:30 A.M. The physicians prefer to review the results of the laboratory tests ordered at the time they see the patient. They explain to you that they cannot make decisions with regards to further patient treatment or dischargewithout these results. Time is of the essence, as the hospital is cutting the budget, and it is important to decrease the patient length of stay. You are expected to look into this matter and make recommendations regarding the most efficient and effective way to address this problem. Question: 1. What is the best method of addressing this problem?2. What management techniques/styles might be used?You are the manager of a clinical laboratory at a mid-size (200-bed) community hospital. Physicians and nurses are concerned about the turnaround time for laboratory tests ordered on early morning rounds. It appears that the samples are collected by the phlebotomy team on the 6:00 A.M. rounds. Physicians begin their patient rounds at 7:30 A.M. The physicians prefer to review the results of the laboratory tests ordered at the time they see the patient. They explain to you that they cannot make decisions with regards to further patient treatment or dischargewithout these results. Time is of the essence, as the hospital is cutting the budget, and it is important to decrease the patient length of stay. You are expected to look into this matter and make recommendations regarding the most efficient and effective way to address this problem. Questions: 3. Who should be included in a team assigned to address this issue?4. What decision traps might be encountered and how can they be avoided?