Business Sustainability and Product Life Cycle Assessment

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Questions and Answers

What is the primary focus of the product development system?

Determining the success of a product (correct)

Linking various business functions

Maximizing profitability

Improving cost control

In which phase of the product life cycle may high volume innovative production be appropriate?

Maturity Phase (correct)

Decline Phase

Introduction Phase

Growth Phase

When should dying products typically not be invested in?

When they contribute uniquely to the firm's reputation

When they are poor products (correct)

When they are in the Introduction Phase

When they can be sold for high contribution

What is the final stage in the product development system?

Evaluation Signup and view all the answers

What does economic sustainability refer to?

How companies stay in business Signup and view all the answers

During which stage can the operations manager make substantial contributions to environmental objectives?

Product design and production Signup and view all the answers

What is a key benefit of efficient scheduling in manufacturing firms?

Optimizing efficiency Signup and view all the answers

What is a key theme that manufacturers focus on to reduce environmental impact during production?

Energy, water, and environmental contamination Signup and view all the answers

Which team is responsible for making decisions regarding aggregate planning in organizations?

Sales and operating planning team Signup and view all the answers

What role do management analytics play in reducing environmental impact in the text?

Linear programming and queuing techniques Signup and view all the answers

What is the first step in the scheduling process according to the text?

Capacity planning Signup and view all the answers

Why are PERT and CPM considered important for projects with thousands of activities?

To optimize scheduling decisions Signup and view all the answers

What is the primary purpose of the DEFINE step in the DMAIC process?

Specify the project's purpose and scope Signup and view all the answers

What is a key aspect of EMPLOYEE EMPOWERMENT in the context of production processes?

Building communication networks with employees Signup and view all the answers

What is the main characteristic of a quality circle?

Meetings to solve work-related problems Signup and view all the answers

What distinguishes JIT systems from other approaches to production?

Producing or delivering goods just as they are needed Signup and view all the answers

What is one way in which JIT is related to quality?

It decreases inventory levels Signup and view all the answers

According to Genichi Taguchi, what does 'Target-Oriented Quality' focus on?

Continuous improvement to meet customer needs precisely Signup and view all the answers

What is the purpose of a 'Check Sheet' in the context of Total Quality Management tools?

To identify facts or patterns that aid subsequent analysis Signup and view all the answers

What is the main function of a 'Cause-and-Effect Diagram' in Total Quality Management?

To identify possible sources of errors in processes Signup and view all the answers

Study Notes

Product Development System

Focuses on creating and enhancing products to meet market demands and improve competitiveness.
Involves systematic processes to transition from concept to market-ready products.

Product Life Cycle

High volume innovative production is appropriate during the growth phase of the product life cycle.

Investment in Dying Products

Typically, investments should not be made into dying products during the decline phase, as their market potential diminishes.

Final Stage in Product Development

The final stage is product launch, where the product is introduced to the market and monitored for performance.

Economic Sustainability

Refers to practices that support long-term economic growth without negatively impacting social, environmental, or cultural aspects.

Operations Manager Contributions

Substantial contributions to environmental objectives can be made during the planning and design stages of product development.

Efficient Scheduling Benefits

Enhances resource utilization and reduces waste, leading to increased productivity and cost-effectiveness in manufacturing firms.

Environmental Impact Reduction

A key theme includes implementing sustainable practices such as reducing emissions, waste, and energy consumption during production.

Aggregate Planning Decisions

The operations management team is responsible for making decisions related to aggregate planning within organizations.

Management Analytics Role

Crucial for identifying inefficiencies and opportunities for reducing environmental impact through data-driven strategies.

Scheduling Process Initial Step

The first step in scheduling is the analysis of demand, which helps determine necessary production planning.

PERT and CPM Importance

Both tools are essential for managing complex projects with numerous activities, facilitating effective time and resource management.

DEFINE Step in DMAIC

The primary purpose is to identify and articulate the problem, project goals, and customer requirements to guide improvement efforts.

Employee Empowerment in Production

Involves encouraging employees to take initiative and participate in decision-making processes, fostering ownership and accountability.

Quality Circle Characteristics

A quality circle is a group of employees who meet voluntarily to discuss and solve workplace problems, emphasizing teamwork and continuous improvement.

JIT System Distinctions

JIT (Just-In-Time) systems focus on minimizing inventory and reducing waste by receiving goods only as they are needed in the production process.

JIT and Quality Connection

JIT is related to quality as it emphasizes the importance of producing products that meet quality standards consistently with minimal defects.

Target-Oriented Quality

According to Genichi Taguchi, it focuses on achieving specific quality targets consistently through process optimization.

Purpose of 'Check Sheet' in TQM

A check sheet is a tool used to collect and analyze data systematically, helping identify patterns and areas for improvement in quality management.

Cause-and-Effect Diagram Function

Serves to identify and analyze the root causes of defects or problems, assisting teams in visualizing relationships between potential causes and effects in the process.

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Description

Learn about the importance of economic sustainability in achieving social and environmental sustainability. Explore how operations managers can contribute to environmental objectives through product life cycle assessment.