In: Operations Management
1.Question 1
The first principle of Lean is to specify value. Who determines value?
1 point
Shareholders
Sales
Management
Customers
2.Question 2
What tool can we use to identify all the steps in the value stream?
1 point
Correlation and Regression
Cause and Effect Diagram
Value Stream Mapping
Failure Mode and Effects Analysis
3.Question 3
Flow means that work should move smoothly through the process with minimal stops and starts, and minimal wait times.
1 point
True
False
4.Question 4
What are the four lean goals?
1 point
Improve Quality, Eliminate Waste, Reduce Lead Time, Reduce total costs
Improve Quality, Eliminate Waste, Reduce Lead Time, Cut Costs
Improve Quality, Eliminate Waste, Reduce Cycle time, Reduce total costs
Reduce Inspection, Eliminate Waste, Reduce Lead Time, Reduce Total Costs
5.Question 5
In a Lean system, the focus is on managing Assets.
1 point
True
False
6.Question 6
In a pull system, production is triggered by a customer purchase.
1 point
True
False
7.Question 7
In a lean system, it is important for highly trained leaders to identify and implement the necessary improvements.
1 point
True
False
8.Question 8
In a traditional manufacturing system,95% of the time product is in the manufacturing facility is non-value added.
1 point
True
False
9.Question 9
Lean is more cost effective by immediately cutting expenditures that do not benefit the organization immediately
1 point
True
False
10.Question 10
Efficiency improvements through lean are usually limited to internal measures, and do not have real financial benefits.
1 point
True
False
Q1.
According to the lean philosophy, Value is determined by the customer. Customers could be internal or external. The lean principle calls for eliminating all activities that are not valued by customers.
Correct Answer: Customer
Q2.
Correlation and regression - Used to establish a relationship between 2 variables
Cause and effect diagram - Used to identify root causes
Value stream mapping - Maps all steps in the value stream, identifies value-adding and non-value adding activities
Failure mode effect analysis - Identifies risk in the process and helps create a preventive and initiative plan against risks
Correct Answer: Value stream mapping
Q3.
In lean philosophy, flow referees to movement of material from the first step of production to the last step of production without quickly without any risk to the quality or customer satisfaction. Hence given statement is true.
Correct Answer: True
Q4.
Following are 4 lean goals
1. Quality Improvement
2. Eliminate waste
3. Reduce manufacturing time/ Cycle time
4. Reduce total costs
Hence Correct answer: Improve Quality, Eliminate Waste, Reduce Cycle time, Reduce total costs
Reduction of lead time, cutting costs, or reducing inspections are not the goals of lean philosophy.
Hence other options are wrong.
However adopting lean philosophy will lead to reduced lead times, lower costs, and reduced need of inspections.