Last Updated: Jun 07, 2026
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1. What is the third basic element in the just-in-time (JIT) system if the first element is total quality management (TQM) and the second is JIT manufacturing?
A) Quality circles
B) Capacity utilization
C) Respect for people
D) Simply organized inventory
2. The annual cost of goods sold for a company is $8,400,000 and the average inventory is $1,200,000.
What is the number of weeks of supply?
A) 8
B) 7
C) 6
D) 5
E) 9
3. A company decides and makes plans to enter into a new market.
Which project life cycle phase does this strategy directly relate to?
A) Planning
B) Execution
C) Conception
D) Feasibility analysis
4. Which definition used for quality evaluates how well a product performs its intended function?
A) Fitness for use
B) Value for price paid
C) Psychological criteria
D) Support services
5. A construction company produces furnished pre-fabricated manufactured homes. The production manager has discovered the following challenges within one of the facilities:
* Production quantities are low and only a small number of homes are built efficiently.
* The facility space allows for low handling of materials.
* There is limited space available for employees to operate.
Which hybrid layout should be used to address the company's needs?
A) Manufacturing technology
B) Group technology
C) Statistical reduction control
D) Process performance metrics
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: B |
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