Minimizing inventory by providing an almost continuous flow of items from

Minimizing inventory by providing an almost

This preview shows page 34 - 37 out of 56 pages.

64.Minimizing inventory by providing an almost continuous flow of items from suppliers to the production facility is referred to as: A. just-in-time inventory management.B. flexible scheduling.C. material-requirements planning.D. logistics.E. the economic order quantity model.65.A planning system that schedules the precise quantity of materials needed to make a product is called: 66.One popular method of scheduling is the _____ which identifies all the major activities or events required to complete a project, arranges them in a sequence or path, determines the critical path, and estimates the time required for each event.
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67.The system in which management collects and analyzes information about the production process to pinpoint quality problems in the production system is called: 68.Which of the following is true about quality? A. It is a concern only for manufacturing companies.B. It is a concern only for service providers.C. It always indicates the price charged for a product.D. It is a critical element of operations management.E. Its definition should vary from employee to employee.69.The degree to which a good or service meets the demands and requirements of customers is called:
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70.It is especially difficult to measure quality characteristics when: 9000.71._____ refers to the processes an organization uses to maintain its established quality standards. 72._____ is a philosophy that uniform commitment to quality in all areas of an organization will promote a culture that meets customers' perceptions of quality. A. The marketing conceptB. Total quality manufacturingC. ISO 9000D. Statistical process controlE. Total quality management
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