Which of the following statements about Just-in-time (JIT) and flexible production are false?Flexible production allows for complex products like the iPhone to be produced from rawmaterials in one industrial complex.Flexible production methods result in fewer models of a given product (cars, smartphones, etc.) than traditional manufacturing.Flexible production is designed to allow producers to shift quickly and easily betweendifferent levels of output.✓ Just-in-time production was pioneered by Henry Ford.

A flexible manufacturing system - is a system that is capable of rapidly and proficiently adapting…

Answered: Which of the following statements about…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Which of the following statements about Just-in-time (JIT) and flexible production are true? Flexible production is designed to allow producers to shift quickly and easily between different levels of output. Flexible production allows for complex products like the iPhone to be produced from raw materials in one industrial complex. Just-in-time production was pioneered by Henry Ford. Flexible production methods result in fewer models of a given product (cars, smart phones, etc.) than traditional manufacturing.
A philosophy that aggressively seeks to eliminate causes of production defects.
Which of the following production system produces one item at a time to a customer order. Select one: a. Batch Production O b. Mass Production O c. Job Production O d. Continuous Production
Suppose a final assembly is produced by assembling two components. THE The first component, A, is produced internally and goes through three process steps, which are stamping, forging and machining, with scrap estimates of 10%, 15% and 25%, respectively. For every three produced units of component A, two are used in the final assembly and one is separate to meet spare parts needs. The second component, B, which is used exclusively in final assembly, is purchased from a supplier external and inspected on arrival; 2% do not pass inspection. A unit of the component purchased is required for each final assembly. The final assembly process produces 5% of scraps. Spare parts demands for component A and final Su assembly match to 1,000 and 5,000 units, respectively. How many input units are needed for produce component A, and how many units of component B should the firm buy?
In the past, most consumer goods were made by individual craftsmen and were produced only when an order was placed. This is referred to as: 1) Mass production. O 2) Make-to-order. 3) JIT (just-in-time) manufacturing. 4) Mass customization.
Which among the following is a non value adding activity? O a. Assembly of parts till the stage of inspection O b. Processing of material to finished goods O c. raw material cut into requred physical conditions O d. Storage of material required for manufacturing
Based on the following product structure figure. A thousCnd and five hundred units of product A are needed to produCe. How many units of B, C, D, E, and F are needed and determine all the units level (low level code)? B(1) C (2) D (2) E (1) D (1) F (1) F (4) Low Level Code Unit Quantity
32 - Which of the following is the type of production used in cases where only a single product or very large products will be produced in limited numbers? a) Fluent production system B) Project type production NS) mass production D) mass production TO) Workshop type production
What is value chain management best defined as? Management decisions that affect how quickly the production run occurs. The incremental value of costs associated with hiring a new production floor leader. A large chain that keeps the machines from falling on the production floor. All activities associated with providing a product or service.
Find the missing information for different companies Output (units) Fixed Costs Variable Costs Total Costs Cost per unit Company A 4000 70000 50000 ? ? Company B 5000 80000 ? 140000 ? Company C 8000 30000 130000 ? ? Company D ? ? 80000 100000 20
Assume that Product Z is made of two units of A and four units of B. A is made of three units of C and four of D. D is made of two units of E. B is made of three units of E. If 50 units of Z is required to make, then how many units of D do they need? Group of answer choices 250 400 300 150 550
What best depicts the evolution of manufacturing (use 1 for the oldest and 4 for the latest): ✓ Craft production ✓Mass customisation ✓ Mass Production Lean Production A

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