Bottleneck Study guides, Class notes & Summaries

Cycle Time - ️️The time between two consecutive customer orders being completed Bottleneck - ️️The slowest workstation in the process Bottleneck's Processing Time = ? - ️️Cycle time for entire process When should a discount be offered? (Campus Club Cupcakes) - ️️When it helps our bottleneck increase output Legal Risks (Campus Club Cupcakes) - ️️Food safety, employee safety, taxes Financial Risks (Campus Club Cupcakes) - ️️Lose money, customers not picking ...

Total Quality Management (TQM) Philosophy - correct answer 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Process Capability Index (Cpk) - correct answer Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of the process to complete its necessities. Six Sigma - correct answ...

CIPS L4M2 questions with correct answers graded 2024Re-buy - correct answer It is not necessary to specify a new specification or to source the market. Call-off or framework agreement. A preferred supplier is in place Modified Buy - correct answer Review of existing contract requirements and making any necessary amendments such as to build additional benefits, streamline the business or to establish new KPIs/SLAs. Where some of the specification or requirements have changed. New Buy - c...

Cycle Time : The time between two consecutive customer orders being completed Bottleneck : The slowest workstation in the process Bottleneck's Processing Time = ? : Cycle time for entire process When should a discount be offered? (Campus Club Cupcakes) 2 | P a g e : When it helps our bottleneck increase output Legal Risks (Campus Club Cupcakes) : Food safety, employee safety, taxes Financial Risks (Campus Club Cupcakes) : Lose money, customers not picking up or paying Organizationa...

The Goal By Eliyahu Goldratt Max Questions and Answers 2023 Complete main character - alex rogo company - unico problem - everything is late, working on overtime,not making money Peach - division vice president alex's job - plant manager how long does the division have to improve - 1 year how long does the plant have to improve - 3 months Jonah - old physics professor, consultant what does jonah tell alex during the first meeting at the airport - -productiviy is meaningles...

The Purchasing process - 1. Define Specification. 2. Select Supplier 3. Contract Agreement 4. Ordering 5. Expediting 6. Evaluation Follow up Definition of Procurement & Supply - recognition of the fact that the purchasing function has a role in not just "buying inputs" but in "securing supply" Direct Costs - These are costs which can be identified directly with the production of a good or service; e.g. raw materials. Usually strategic or leverae suppliers Indirect Costs - These ar...

demand forecasting is used as the basis for all planning, up and down the organization demand forecasting is one of the critical inputs into business success Financial plans plans for the year(s) – The demand is the basis for the business plan and drives nearly all other categories investment plans Given the business plan and given the projected demand, where do we need to invest? Should we grow the bottleneck? Should we develop new products? Etc. Number of people Based on the deman...

OPMA 317 – Midterm Latest Update with Verified Solutions Process flow chart a diagram outlining the process from start to finish to compete a target goals, shows precedents, tasks, and time Processing time time to produce an order Throughput time the total timer required to complete a process How does knowing capacity help (3) customer order promising (don't over promise), pricing/profit per unit (need to satisfy a return), inventory supplies (track required raw materials for operation) B...

McMaster Bio 1M03: Exam 2024/2025 Questions with all the correct Answers ;( Real actual exam) Why might Pasteur's experiment be inconclusive? - Correct Answer The swan-necked flask broth may not support cell growth, or the broth was poisoned. Experiment did not confirm hypothesis that all cells come from pre-existing cells Why are replicates important in experiments? - Correct Answer To ensure that results were not achieved by random chance What is the definition of a replicate? - Correc...

Database Systems 600 Exam With Questions and Answers.DATABASE 600 MULTIPLE CHOICE Question 1 Correct Mark 1.00 out of 1.00 Flag question Question text The traditional Systems Development Life Cycle (SDLC) is divided into _____ phases. Select one: a. five b. four c. two d. three Feedback The correct answer is: five Question 2 Incorrect Mark 0.00 out of 1.00 Flag question Question text How many rows would be returned from a cross join of tables A and B, if A contains 8 rows and...