FINAL EXAM – SHORT VERSION
STUDY GUIDE
Chapter 10
1. What are job rotation, enrichment, and enlargement?
2. What are the advantages and drawbacks of specialization?
3. What are characteristics of autonomy and job feedback?
4. What does method analysis focus on?
5. Understand and reasons for outsourcing.
6. Define labor standards.
7. What is the purpose of flow charts?
8. Understand main characteristics of predetermined time standards, time
studies, work sampling, and historical experience.
Chapter 11
1. How does the dollar savings in purchasing compare to dollar savings in sales
revenue?
2. What are the reasons for making versus buying decisions?
3. What are the advantages and disadvantages of the “few suppliers” strategy?
4. What is cross docking?
5. What is the drawback of uncertainty in supply chain?
Chapter 12
1. Be able to calculate the total annual inventory cost (holding and order cost).
2. Be able to calculate turnover measure.
3. What is the principle behind an ABC analysis?
4. Calculate an EOQ, EOQ with quantity discounts, and total annual inventory cost.
5. What are the reasons to hold versus order material?
FINAL EXAM – SHORT VERSION
STUDY GUIDE
6. What is an EOQ model with quality discounts trying to do?
7. Explain the technique postponement.
8. Calculate average aggregate inventory value.
Chapter 14
1. Calculate an MRP (understand how a BOM is used to perform those
calculations).
Chapter 15
1. Use scheduling technique shortest processing time (SPC) and earliest due date
(EDD) and critical ratio to know which jobs should be scheduled first.
2. Know what are the advantages of FCFS, EDD, SPT, LPT.
Chapter 16
1. Explain the advantages you get from using a pull system.
2. Who have been the big winners and losers in business adopting JI T strategies?
3. What are the characteristics and activities a company does when implementing
a JIT strategy and, conversely, would not be associated with JIT activities?
4. What JIT principles are and are not applicable to service organizations like a
restaurant?
5. JIT does not work well when variability is in your process. What are some
causes of this variability?