Theory of constraints toc - Study guides, Class notes & Summaries

MGSC 395 Chapter 5 Review Practice Test. The theory of constraints methods increase the firm's profits more effectively by focusing on what? - CORRECT ANSWER Making materials flow rapidly through the entire system The theory of constraints defines inventory as - CORRECT ANSWER All the money invested in a system in purchasing things that it intends to sell Of the seven key principles of the theory of constraints, which is the first principal? - CORRECT ANSWER The focus should be on ba...

MGSC Exam 2 Questions And Answers 100% Verified 2024/2025 An item that has been built to stock has yet to be sold. Which TOC operational measure is used to describe it in its current state? - answerInventory Of the seven key principles of the theory of constraints, which is the first principal? - answerThe focus should be on balancing flow, not on balancing capacity. If during week 1, the mix of work makes operation 1 a bottleneck, and the next week it may make operation 3 the bottleneck,...

MGSC Exam 2 Questions And Answers 100% Verified 2024/2025 The theory of constraints methods increase the firms profit more effectively by focusing on? - answermaking materials flow rapidly through the entire system The theory of constraints defines inventory as - answerall the money invested in a system in purchasing things that it intends to sell Of the seven key principles of the theory of constraints, what is the first principal? - answerbalancing flow, not on balancing capacity An it...

CPIM- L. Execution and Control Exam well solved and verified What input to the manufacturing planning and control system can be found in the work center file ANS-Available facilities Monitors output, compares output with capacity plans, and takes corrective actions. ANS-Capacity control In the manufacturing planning and control (MPC) hierarchy, scheduling and capacity control are part of which category ANS-Production Activity Control (Execution and control) The index that shows the pri...

BUAD 331 UTK EXAM 2 QUESTIONS AND ANSWERS LATEST UPDATE 2024/2025 | 100% SOLVED. make to order - ANSWER ___________ supply chains involve production in generally small quantities to meet specific customer needs. Examples include construction projects or weddings. assemble to order - ANSWER _______________ production involves holding standard parts or sub-assemblies and then allowing customers to specify the desired combination. Dell and Chipotle both use this strategy by allowing customers...

Bottlenecks exist in which type of manufacturing​ processes? - Answer job process, batch process, line process What is the name of the product mix decision method that takes advantage of the principles outlined in the theory of​ constraints? - Answer the traditional method The theory of constraints methods increase the​ firm's profits more effectively by focusing on​ what? - Answer making materials flow rapidly through the entire system A simple process for matching work elemen...

BUAD 331 UTK EXAM 2 QUESTIONS AND ANSWERS LATEST UPDATE 2024/2025 | 100% CORRECT. make to order - ANSWER ___________ supply chains involve production in generally small quantities to meet specific customer needs. Examples include construction projects or weddings. assemble to order - ANSWER _______________ production involves holding standard parts or sub-assemblies and then allowing customers to specify the desired combination. Dell and Chipotle both use this strategy by allowing customer...

Bottlenecks exist in which type of manufacturing processes? - CORRECT ANSWER-Job process, batch process, line process The theory of constraints methods increases the firms profits more effectively by focusing on what - CORRECT ANSWER-making materials flow rapidly through the entire system The theory of constraints defines inventory as - CORRECT ANSWER-all the money invested in a system in purchasing things that it intends to sell Of the seven key principles of the theory of constraints, w...

NIGP Procurement Terms set 2 Questions and Answers Tax Burden - Answer-A measure of the taxes paid relative to another constant factor, such as total personal income. (Schiller, 2000) TCO - Answer-Total Cost of Ownership Team Development Stages - Answer-Stages include: 1. Forming - Members decide whether to join the group, learn the traits and strengths of other members and identify a leader; 2. Storming - The team experience developmental issues due to personality conflict and diffic...

BUAD 331 UTK EXAM 2 QUESTIONS AND ANSWERS LATEST UPDATE 2024/2025 | 100% VERIFIED. assemble to order - ANSWER _______________ production involves holding standard parts or sub-assemblies and then allowing customers to specify the desired combination. Dell and Chipotle both use this strategy by allowing customers to choose from a limited set of parts or ingredients and only assembling the finished good once this decision is made make to stock - ANSWER __________ strategies involve using a se...