What is the main objective of a Value Stream Map?

a$)$ To identify and eliminate waste

b$)$ To increase inventory levels

c$)$ To improve employee morale

d$)$ To enhance customer satisfaction

Which of the following best describes kaizen?

a$)$ Large$-$scale improvements

b$)$ Continuous small improvements

c$)$ A one$-$time project

d$)$ Outsourcing

The bullwhip effect in supply chain management refers to:

a$)$ The amplification of demand variability upstream in the supply chain

b$)$ The reduction of inventory levels

c$)$ The increase in production lead times

d$)$ The stabilization of supply chain processes

The primary purpose of a control chart is to:

a$)$ Schedule production runs

b$)$ Monitor process variability

c$)$ Manage inventory levels

d$)$ Conduct market research

Which of the following is not a benefit of ERP systems?

a$)$ Improved data accuracy

b$)$ Streamlined business processes

c$)$ Increased data redundancy

d$)$ Enhanced reporting capabilities

Which of the following describes a make$-$to$-$order production system?

a$)$ Products are made in advance and stocked

b$)$ Production starts only after receiving customer orders

c$)$ Products are made in large batches

d$)$ None of the above

What is the main goal of Total Productive Maintenance $($TPM$)?$

a$)$ Increase equipment effectiveness

b$)$ Reduce workforce

c$)$ Decrease product quality

d$)$ Increase inventory levels

Which of the following is not part of the SCOR model in supply chain management?

a$)$ Plan

b$)$ Source

c$)$ Manufacture

d$)$ Market