PRODUCT AND PROCESSES- Old Exam Questions

PRODUCT AND PROCESSES- Old Exam Questions - PRODUCT AND...

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PRODUCT AND PROCESSES OLD EXAM QUESTIONS (The answer key is at the end of this document.) Consider the following process flow diagram of a production system, in which raw materials are being transformed into finished goods by a three step process. In this illustration, each step in the process is completed at a work station. One task is completed at each workstation. The small circles imposed on the process flow diagram illustrate the current location of inventory stocks present in the system. Raw Materials First Station Please answer the following three questions, based on this scenario. Finished Goods Third Station Second Station 1. Which of the following phrases best describes this system’s approach to production? a) make-to-order strategy b) assemble-to-order strategy c) linear assembly strategy d) make-to-stock strategy e) order-to-stock strategy 2. Which of the following statements are good descriptions of this system? I. This system is producing a rather standardized product. II. Customers who visit this system would have to wait a long time to obtain the finished good. III. This system is probably a highly flexible system, customizing each unit of output to individual customer requirements. a) I only
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PRODUCT AND PROCESSES- Old Exam Questions - PRODUCT AND...

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