Question

In: Operations Management

1. Sustainability includes logistics design and can positively impact a business’s success. True False 2. Typically,...

1. Sustainability includes logistics design and can positively impact a business’s success.

True

False

2. Typically, Takt time is used in helping administer “Chase” scheduling techniques.

True

False

3. The name six sigma comes from the philosophy that a process should produce three standard deviations worth of output between the upper specification limit and the mean, plus three additional standard deviations worth of output between the lower specification limit and the mean, totaling six standard deviations worth of output between the upper and lower specification limits.

True

False

Solutions

Expert Solution

1.

For any business, the logistics design and decision is a mode through which the delivery of the value to the customer is done. If the design is sustainable and increases the value of the service, then definitely the business performance is improved. Thus sustainable logistic design have as positive impact on the business’s success.

ANS: True

2.

Takt time is defined as the ratio of available time to demand rate. Thus, to match the demand rte in a given time will improve the throughput of the process. Thus, planners considers the Takt time to schedule the processes and operations such that the demand rate is meet.

Thus, planner use Takt time for “Chasing” the schedules

ANS: True

3.

The name six sigma comes from the philosophy that a process should produce

- Six standard deviations worth of output between the upper specification limit and the mean,

- Six standard deviations worth of output between the lower specification limit and the mean,

- Totaling 12 standard deviations worth of output between the upper and lower specification limits.

As shown below, the 6 sigma process produces 3.4 defects per million opportunities.

ANS: False


Related Solutions

True or False 1. The primary goal of a corporation is profit maximization. 2. Typically, shareholders...
True or False 1. The primary goal of a corporation is profit maximization. 2. Typically, shareholders are not equity investors. 3. Calculating a present value is a tool we can use to help compare and contrast different investment choices we may have today. 4. When considering a capital structure you are making a choice between debt and equity financing.
True/False 1. ____ Typically, intangible assets are shown at their fair value. 2. ____ A patent...
True/False 1. ____ Typically, intangible assets are shown at their fair value. 2. ____ A patent is an example of an intangible asset. 3. ____ Amortization of intangibles is usually done over the asset’s legal life. 4. ____ Once a company records goodwill, it will be on the company’s books forever because it is not amortized. 5. ____ If an intangible asset is successfully defended from a legal challenge, legal costs may be capitalized to the asset account. 6. ____...
1. True or False: Confidence intervals can only be calculated for means. True False SAVE 2....
1. True or False: Confidence intervals can only be calculated for means. True False SAVE 2. Suppose a sample of 200 barrow-wights (wraith-like creatures that feed on the life force of the living) yields a sample mean of 6.2 living beings consumed per day. Assuming a standard error of 1.7, what would the upper bound of a 95% confidence interval be? SAVE 3. Using the same ridiculous survey data from the previous question, what would the lower bound of a...
1. TRUE OR FALSE Increasing global market competitiveness can spread chronic diseases. 2. TRUE OR FALSE...
1. TRUE OR FALSE Increasing global market competitiveness can spread chronic diseases. 2. TRUE OR FALSE Globally, infectious diseases are expected to rise while chronic diseases are expected to decrease in the future. 3. Chronic diseases, such as heart diseases, strokes, cancers result in the following conditions except; A. reduced quality of life B. burdened caregivers C. reduced health care cost D. shorter life span 4. TRUE OR FALSE: The top risk factor for mortality, globally in 2017 was poor...
1. Fertilization typically takes place in the Fallopian tube. True or false 2. Fraternal twins result...
1. Fertilization typically takes place in the Fallopian tube. True or false 2. Fraternal twins result when a single fertilizted egg splits in two. True or false 3. Where is the site of early blood cell formation in human embryos? A. Placenta B. Bone marrow C. Extraembryonic membranes D. Yolk sac 4. Which of the following has the ability to cross from maternal blood to fetal blood? A. All of the above B. Drugs C. Alcohol D.oxygen E. Caffeine 5....
**Principles of Sustainability Course** 1)Water vapor is a greenhouse gas True False 2)The triple bottom line...
**Principles of Sustainability Course** 1)Water vapor is a greenhouse gas True False 2)The triple bottom line refers to A) product, place, and price B) local, regional, and global C) pollution, climate change, and resource depletion D) environment, economics, and equity 3)The sustainability movement differs from the environmental movement in that it also includes economics and equity. True False 4)Once a species is so at risk that it becomes endangered, it cannot be removed from the endangered species list. True False...
1)True or False: Ambiguity is a type of vagueness True False 2)True or False: When determining...
1)True or False: Ambiguity is a type of vagueness True False 2)True or False: When determining whether a report of an argument should be treated as an argument, it is important to consider the context in which the report is made. True True False 3) True or False: In a V argument with two premises, if one of the premises is false, then the argument is definitely weak True False 4) True or False: A report of an argument can...
1 A baseline design is the same as the final design? (A) True (B) Cost False...
1 A baseline design is the same as the final design? (A) True (B) Cost False 2 For the example of the firewater design we talked about in the lectures, if we said the water pump pressure must be greater than 60 psi when tested monthly, we would be establishing a: (A) FEL requirement (B) TPM (C) cost (D) None of the above 3 If we are talking about step 2.1.3 in a system, we are talking about a step...
1. Very severe economic depressions are typically associated with inflation. a-true b- false 2. Fiscal stimulus...
1. Very severe economic depressions are typically associated with inflation. a-true b- false 2. Fiscal stimulus is more effective if the crowding-out effect is weak and if the new spending is deficit financed. a-true b-false 3.Irving Fisher, like the other new classical economists, did not think that central banks should intervene in the financial sector during severe economic downturns. Rather, he thought an uninterrupted process of liquidation would allow the economy to self-correct. a-true b-false
Answer the following True/ False ( explain your answer) 1) Transaction demand for money is positively...
Answer the following True/ False ( explain your answer) 1) Transaction demand for money is positively related to both income level and the frequency at which people receive the income. True/false? 2) Demand for money is not a function of rate of interest if money cannot serve as a container of wealth. True/false? 3)For a given rate of interest, individuals (economic agents) may not have same speculative demand for money since they have different level of income. True/false? 4) If...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT