Reference no: EM13967804
1) Supplier management in a lean system:
A. May require co-location of supplier goods close to plants that receive delivery
B. Means and increase in the number of suppliers for each component
C. Generally involves short -term relationships with the buyer
D. Usually requires additional paperwork, as compared with the non -lean system
2) In general, we know that forecasting has all but the following characteristics.
a) The more elaborate and complex the formula, the more accurate the forecast
b) Forecasts will be wrong
c) Forecasts are more accurate for larger groups of items
d) Forecasts are more accurate for shorter periods of time
3) In a production environment, examples of TOC Exploitation Tactics include all except:
a) Make sure all material is actually of good quality
b) Assure constraint resource runs as much as possible
c) Schedule the constraining resource the best way possible to maximize throughput
d) Create a buffer between the material release point and the constraining resource
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