Question: 5. Write down True or False for each of the following items in your answer sheet. (10 points) T/F Statement 5-1. Both the process flexibility

5. Write down True or False for each of the
5. Write down True or False for each of the
5. Write down True or False for each of the following items in your answer sheet. (10 points) T/F Statement 5-1. Both the process flexibility and the volume of products manufactured through a job shop architecture are quite high. 5-2. Inventory reduces the likelihood of stock out. 5-3. DMAIC and DOWNTIME are techniques for process improvement. 5-4. While 6 Sigma is about making processes and outcomes consistent, Lean is about making the processes faster. 5-5. An inventory turn equal to "0.5 per day" means that half of the average inventory is consumed or processed every day. 5-6. When the inflow rate is less than the processing rate, the safety capacity is zero. 5-7. The 5 why technique is a technique that can be used in the Control phase of process improvement efforts. 5-8. Serving more customers or jobs that could be handled faster is sometimes an effective way to reduce average flow time. 5-8. Serving more customers or jobs that could be handled faster is sometimes an effective way to reduce average flow time. 5-9. While increasing capacity utilization is ideal, a highly utilized resource can increase the risk of being unable to respond to variations in demand (inflow rate). 5-10. Those positions that the firm wants to occupy in its competitive product space are called the operational frontier

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!