Mr. Goldratt's "theory of constraints" is useful only in manufacturing settings.
Answer: False
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Consumer Behavior Chapter 23
- Which of the following is a negative aspect of JIT compared to synchronous manufacturing?
- A useful measure of inventory performance is called "dollar days." In which of the following areas are dollar days measurements not useful?
- Which of the following is not an important concept in TOC?
- Which of the following is an approach to dealing with a bottleneck?
- According to the theory of constraints, which of the following is a kind of time that makes up the cycle time in production?
- According to the theory of constraints, which of the following is a kind of time that makes up the cycle time in production?
- According to the theory of constraints, which of the following can be a CCR?
- According to the theory of constraints, which of the following is an operational measurement that can be used to measure the firm's ability to make money?
- According to the theory of constraints, which of the following is an operational measurement that can be used to measure the firm's ability to make money?
- According to the theory of constraints, which of the following is a financial measurement that can be used to measure the firm's ability to make money?
- According to the theory of constraints, which of the following is a financial measurement that can be used to measure the firm's ability to make money?
- Which of the following is a "focusing step" of Dr. Eli Goldratt's theory of constraints?
- Which of the following is one of Dr. Eli Goldratt's rules of production scheduling for optimized production technology?
- Which of the following is one of Dr. Eli Goldratt's rules of production scheduling for optimized production technology?
- Statistical fluctuation refers to the normal variation about a mean or average.
- The effects of statistical variations in processing times in a dependent sequence will eventually cancel themselves out due to the law of averages.
- Because of statistical fluctuation (processing times vary around an average processing time), dependent sequences can operate without any inventory between workstations.
- In a process sequence where a product flows from process A to process B, process A is called the mother process.
- In a process sequence where a product flows from process A to process B, process B is called the dependent process.
- In a process sequence where a product flows from process A to process B, process B is called the contingent process.
- Looking at the loads that are placed on each resource by the products that are scheduled through them is called process flow profiling.
- The term "dependent events" refers to a process sequence.
- Departments within a firm often are at odds with each other because reward systems are often not synchronized with the basic goal of the firm: to make money.
- JIT requires a stable production level. When compared to synchronous manufacturing, this is viewed as a negative aspect of JIT.
- JIT requires vendors to be located nearby. When compared to synchronous manufacturing, this is viewed as an advantage of JIT.