Ch16_Guan CM_AISE TB

Ch16_Guan CM_AISE TB - Chapter 16Lean Manufacturing and...

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Chapter 16—Lean Manufacturing and Accounting MULTIPLE CHOICE 1. Lean manufacturing is best defined as: a. an operating approach that reports on the effectiveness of the management of the organiza- tion b. an operating approach designed to eliminate waste and maximize customer value c. an operating approach that is designed to analyze the activities of the organization d. an operating approach that is designed to compute variances between expectations and ac- tual performance ANS: B PTS: 1 OBJ: 16-1 2. Which of the following is NOT a characteristic of a lean manufacturing system? a. delivery of the right product in the right quantity b. zero defect c. delivery of product the exact time a customer needs it d. all of the above ANS: D PTS: 1 OBJ: 16-1 3. Which is NOT a benefit of lean manufacturing? a. increased productivity b. reduced lean times c. reduced direct labor costs d. reductions in inventory ANS: C PTS: 1 OBJ: 16-1 4. Lean manufacturing benefits of better quality, reduced lead times, inventory reductions, reduced setup times results in: a. lower manufacturing costs b. increased production rates c. reductions in innovative capabilities d. a and b are correct ANS: D PTS: 1 OBJ: 16-1 5. Lean manufacturing shares many of the same methodoligies as: a. activity-based management b. JIT manufacturing c. process costing d. none of the above ANS: B PTS: 1 OBJ: 16-1 6. A difference between Toyota’s lean manufacturing system and Ford’s lean enterprise system is: a. Toyota incorporated employee empowerment, team structure, cellular manufacturing, small batches, and reduced setup times as integral pieces of their system b. Toyota was not structured to deal with product variety c. Toyota valued process over employees d. Low volume products were not compatible with either system ANS: A PTS: 1 OBJ: 16-1 This edition is intended for use outside of the U.S. only, with content that may be different from the U.S. Edition. This may not be resold, copied, or distributed without the prior consent of the publisher.
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7. Identification of a “value stream”, pursuit of perfection, and making value flow without interruption are examples of: a. total quality management b. activity based costing c. principles of lean thinking d. kanban processing ANS: C PTS: 1 OBJ: 16-1 8. _______________ is defined as the worth of one or more features of a product for which the customer is willing to pay. a. quality b. innovation c. efficiency d. value ANS: D PTS: 1 OBJ: 16-1 9. The value stream: a. is made up of all activities, both value-added and non-value-added, required to bring a product group or service from its starting point to a finished product in the hands of the customer. b.
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Ch16_Guan CM_AISE TB - Chapter 16Lean Manufacturing and...

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