Question :
1. Which of the following types of organizations most likely to : 1295533
1. Which of the following types of organizations is most likely to have a raw materials inventory account?
A. Retailer
B. Manufacturer
C. Service provider
D. Governmental unit
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 for extra raw materials inventory to be on hand.
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. Lean production is focused on eliminating waste associated with all of the following except
A. moving products further than is required.
B. down time caused by people waiting for work to do.
C. providing excessive customer service.
D. over-processing a product.
7. 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. service
B. just-in-time
C. traditional manufacturing
D. merchandising
8. 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
9. A “manufacturing cell” is defined as a(n):
A. grouping of most of the machinery and equipment needed to make a product being available in one area of the factory.
B. grouping of the factory into areas where machinery and equipment of the same exact type are grouped together.
C. area in the raw materials storeroom where similar raw materials are grouped together.
D. area in the finished goods storeroom where similar finished goods are grouped together.
10. 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.
