1. Which of the following types of organizations is most likely to have a raw materials inventory account?
A. A retailer.
B. A manufacturer.
C. A service provider.
D. A wholesaler.
2. Which of the following statements about manufacturing in a traditional environment is true?
A. Factories are organized so that machines that are dissimilar are grouped together.
B. It is not desirable to accumulate raw materials inventory to serve as buffers in case of unexpected demand for products.
C. The process begins with a customer order and products are “pulled” through the manufacturing process.
D. Partially completed inventory is accumulated in a work in process inventory account.
3. A traditional manufacturing environment does not have which of the following?
A. An automated production process.
B. Trained employees.
C. Extremely low levels of work in process inventory.
D. Product cost information available.
4. Which of the following statements is true about manufacturing companies over the past 20 years?
A. The grouping of machines into “manufacturing cells” has increased.
B. Carrying large amounts of inventory is often less costly than carrying small amounts of inventory.
C. They have moved from a “pull” approach to more of a “push” approach.
D. The basic production process has changed very little over the past 20 years.
5. Which of the following statements regarding the traditional manufacturing environment is not true?
A. Machines are often put into “manufacturing cells” whereby dissimilar machines are grouped together.
B. Raw material is “pushed” to the next production area in anticipation of customer demand.
C. Manufacturers often have raw material, work in process, and finished goods inventory on hand.
D. Buffers of inventory may result in workers being less efficient.
6. Under ideal conditions, companies operating in a ____ environment would reduce inventories of raw materials, work in process and finished goods to very low levels or even zero.
A. volatile
B. just-in-time
C. traditional manufacturing
D. favorable
7. Companies that operate in a lean production and just-in-time manufacturing environment are more likely to experience which of the following?
A. Reduced manufacturing flexibility.
B. Increased levels of raw materials inventory.
C. Increased production time.
D. Increased product quality.
8. A “manufacturing cell” is defined as:
A. grouping of all the machinery and equipment that are needed to make a product being available in one area of the factory.
B. restructuring of the factory so that the companies are able to manufacture products quickly.
C. an area in the warehouse where similar raw materials are grouped together.
D. grouping of all the factories that are engaged in manufacturing similar products.
9. In a just-in-time environment, the production process often begins when:
A. products are moved from raw materials to work in process.
B. a customer places an order.
C. the product is delivered to a customer.
D. products are moved from work in process to finished goods.
10. Which of the following is an advantage of lean production and just-in-time (JIT) manufacturing systems?
A. Deliver the product to the customer on time, even if the workers go on a strike.
B. Improved product quality and reduced processing time.
C. Reduced reliance on highly skilled employees
D. Increased reliance on more suppliers.
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