MEM 1151 Test 1 Review

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ballinbc14
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70244
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MEM 1151 Test 1 Review
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2011-03-03 00:48:28
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MEM Midterm exam POM
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MEM 1151 Test 1 questions made by Nick
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  1. He received Govt. contract to make 10,000 muskets and made them using machined standardized parts.
    Eli Whitney
  2. They are a husband and wife engineering team that further developed work measurement and efficiency methods
    Lilian and Frank Gilbreth?
  3. This engineer-physicist is credited with teaching Japan quality control methods in post WW2 and used statistics to analyzer processes
    W. Edward Deming
  4. What is a measure of process improvement and also represents output relative to input?
    Productivity
  5. Standard of living in a country is improved by what factor?
    Productitivity
  6. By what rate has U.S. productivity improved since 1889?
    2.5% per year
  7. What are the productivity variables?
    • Labor
    • Capital
    • Management
  8. Who came up with the PDCA cycle?
    Edward Deming
  9. What do the letters in PDCA stand for?
    • Plan
    • Do
    • Check
    • Act
  10. What percentage does each productivity variable represent?
    • Capital: 0.4%
    • Labor: 0.5%
    • Management: 1.6%
  11. Why is Service productivity typically lower than Manufacturing productivity?
    • labor-intensive
    • individually processed
    • often intellectual
    • difficult to automate
    • difficult to quantify (measure)
  12. What is management of an organization's production system?
    Operations Management
  13. What are main management activities?
    • Planning
    • Organizing
    • Staffing
    • Leading (Directing)
    • Controlling
  14. What are key differences between goods and services?
    • Goods vs. Services
    • tangible | not tangible
    • low customer interaction | high customer interaction
    • can be inventoried | can't be inventoried
  15. What are the branches that maintain an organization?
    • Finance
    • Operations
    • Marketing
  16. This encompasses and organization's purpose of being, provides boundaries and focus, and answers "How can we satisfy people's needs?"
    Mission Statement
  17. What factors affect a company's mission statement?
    • Philosophy and values
    • Environment
    • Profitability & growth
    • Customers
    • Public image
    • Benefit to society
  18. What are Porter's 3 competitive advantages?
    • Differentiation
    • Low Cost
    • Response
  19. What are Miller & Roth's 6 strategies?
    • Flexibility
    • Low Price
    • Delivery
    • Quality
    • After-sale service
    • Broad product line
  20. This refers to working within a system to get everything done all at once
    integration
  21. What are the new trends in OM
    • JIT
    • Pull production
    • Global emphasis

  22. What is this?
    Graph of Product Life Cycle
  23. What does SWOT stand for?
    • Strengths
    • Weaknesses
    • Opportunities
    • Threats
  24. What goes into Strategy for a SWOT analysis?
    • Internal Strengths
    • Internal Weaknesses
    • External Opportunities
    • External Threats
  25. What is GATT?
    General Agreement on tariffs and trade
  26. What is NAFTA?
    North American Free Trade Agreement
  27. This is an international treaty that helps promote world trade by lowering barriers to the free flow of goods across borders.
    GATT
  28. This is a free trade agreement between Canada, Mexico and the U.S.
    NAFTA
  29. What are the 7 reasons to globalize?
    • Reduce costs
    • Reduce risks
    • Improve supply chain
    • Provide better goods and services
    • Attract new markets
    • Learn to improve operations
    • Attract and keep global talent
  30. Name the four considerations for achieving global operations
    • Global Product Design
    • Global Process design and tech.
    • Global factory location analysis
    • Impact of culture and ethics
  31. What does the reliability of a system depend on?
    • Number of components
    • Reliability of each
  32. How do you calculate reliability of a system?
    Multiply percent reliability of each
  33. What increases a system's reliability?
    Redundancy..making sure components have backups
  34. How do you calculate the reliability of a system with a backup?
    • Working reliability of the component plus reliability of the backup times the possibility of the component failing
    • Rsystem backup= Rcomponent + Rbackup*(1-Rcomponent)
  35. This means that a product is designed so that small variations in production do not affect adversely the product
    Robust design
  36. In Group Technology, what are parts grouped into?
    families
  37. What is used to organize parts in Group Technology?
    A coding system
  38. The reliability of a system with a backup is also called a...
    Parallel System
  39. The reliability of a system without a backup is also called...
    Series System
  40. Do non-industry leaders come up with many new products?
    Nope..only industry leaders come out with a lot of new products
  41. What is competition based upon the speed at which you bring new products to the market?
    Time-Based Competition
  42. Why is it important for companies to consistently come out with new products quickly?
    It's important because then the ideas and technologies of the new products remain fresh and not outdated
  43. What are the 3Cs?
    • Concepts
    • Competence
    • Connections
  44. What is involved in Concepts for 3Cs?
    • Guiding premises behind company’s work
    • Leading edge ideas
    • Products and services design
  45. What goes under Competence in 3Cs?
    • Ability to do things at high standard
    • Leading to new technologies
    • Life-long learning
  46. What goes under Connections in 3Cs?
    • Close relationships with partners that can augment resources
    • Close relations that can open doors
    • Close relations that create wider horizons
  47. What is JIT?
    • This is Just-in-Time manufacturing
    • Doing things so that they are finished right when the customer needs it
  48. What is another name for JIT
    Lean Manufacturing
  49. What are the 6 zeros that you try to achieve with JIT
    • Zero:
    • Defects
    • Excess Lot Size
    • Setups
    • Breakdowns
    • Handling
    • Lead Times
    • Surging
  50. What are Ohno's 7 deadly wastes?
    • Queues
    • Transportation
    • Overproduction
    • Inventory
    • Motion
    • Over Processing
    • Defective Products
  51. What is WIP?
    Work In Progress
  52. What does JIT try to do with WIP?
    Reduce it so that less projects are going on at a time and products get to the customer faster
  53. What is lead time?
    The amount of time it takes for something to happen (delivery, assembly, etc.)
  54. What is important in a Pull production system?
    • Timing
    • Batch sizes
    • Priorities
  55. What are the 4 assumptions of EOQ?
    • Production is instant
    • Delivery is immediate
    • Demand is deterministic
    • Demand is constant over time
  56. What is the formula for Re-order Point?
    ROP=demand per day * lead time for new order in days + Safety Stock
  57. What is the equation for Total Cost?
    TC=(D/Q)*S + (Q/2)*H + PD
  58. What is internal time?
    This is when things are done when the machine is turned off.
  59. What is external time?
    This is when things are done while the machine is running.

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