Question: Using the ABC classification system for inventory, which of the following is a true statement? a . The A items are of low
Using the ABC classification system for inventory, which of the following is a true statement?
a The A items are of low dollar volume.
b The A items are of high dollar volume.
c Inexpensive and low usage items are classified as C no matter how critical.
d The C items are of moderate dollar volume.
e You should allocate about of the dollar volume to B items.
Compared with a service operation, which of the following is correct for a manufacturing operation's capacity?
a More capable of reacting to demand fluctuations.
b Utilization more directly impacts quality.
c Subject to more volatile demand fluctuations.
d More deperident on time and location.
e Demand can be smoothed by inventory policies.
Design of experiments is a statistical methodology often used in Six Sigma projects. It aims to accomplish whi ollowing?
a Report defects to management on a Pareto chart.
h Eliminate defects by finding out whom or what is causing them
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
