Deck 10: Manufacturingproduction Analytics

Question 1

Name an example of a total quality improvement program for a manufacturer: _______________

Answer 1

Lean manufacturing or Six-Sigma

Question 2

What is the purpose of total quality management (TQM)?

Answer 2

TQM is designed to lead to continuous process improvement, reliable decision making, quick response to problems, and reducing overall costs.

Question 3

When analytics are used to explore the past of the supply chain what are examples of key performance indicators?

Answer 3

The number of orders, defect rate, and asset utilization are examples of KPIs.

Question 4

Value chain firms utilize analytics to explore all the following except?

A) problems of supply chain fluctuations
B) costs of assets
C) flexibility of operations
D) interface with others in the supply chain
E) all of the above are utilized by value chain firms

Question 5

When analytics are used to explore the current situation it can explore bottlenecks, truck rerouting, equipment concerns, and inventory controls.

Question 6

When exploring the past, a manager would explore forecasting demand, capacity planning for a factory, and exploring alternate inventory supplies.

Question 7

The supply chain evaluation process starts with problem identification- which is normally an inefficiency that is going to be reduced or determining the optimal inventory rate to save money through minimizing carrying costs.

Question 8

The key for proper manufacturing and production is ______________.

Question 9

Define an ensemble forecast.

Question 10

How can robots streamline the manufacturing process?

Question 11

Bringing in supplies is the most important part of the manufacturing process.

Question 12

Japan developed its own quality program to revolutionize its manufacturing process.

Question 13

Marketing is an important phase of the manufacturing process.

Question 14

Customer research is not typically a stage of the manufacturing process.

Question 15

Define product sampling.

Question 16

Density, volume, and strength of the materials were some of the important factors considered during testing and material evaluation for moonwalker.

Question 17

Nike uses a 10-page labor audit that examined over 250 areas to evaluate labor conditions at its factories.

Question 18

Nike examines only what goes on in its factories to make sure they meet production deadlines.

Question 19

The cost of travel and logistics of remote production have forced strategic changes in many of the traditional ways to set up and produce on site. What are some of these changes?