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Business Sustainability and Product Life Cycle Assessment
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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?

    <p>Evaluation</p> Signup and view all the answers

    What does economic sustainability refer to?

    <p>How companies stay in business</p> Signup and view all the answers

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

    <p>Product design and production</p> Signup and view all the answers

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

    <p>Optimizing efficiency</p> Signup and view all the answers

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

    <p>Energy, water, and environmental contamination</p> Signup and view all the answers

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

    <p>Sales and operating planning team</p> Signup and view all the answers

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

    <p>Linear programming and queuing techniques</p> Signup and view all the answers

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

    <p>Capacity planning</p> Signup and view all the answers

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

    <p>To optimize scheduling decisions</p> Signup and view all the answers

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

    <p>Specify the project's purpose and scope</p> Signup and view all the answers

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

    <p>Building communication networks with employees</p> Signup and view all the answers

    What is the main characteristic of a quality circle?

    <p>Meetings to solve work-related problems</p> Signup and view all the answers

    What distinguishes JIT systems from other approaches to production?

    <p>Producing or delivering goods just as they are needed</p> Signup and view all the answers

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

    <p>It decreases inventory levels</p> Signup and view all the answers

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

    <p>Continuous improvement to meet customer needs precisely</p> Signup and view all the answers

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

    <p>To identify facts or patterns that aid subsequent analysis</p> Signup and view all the answers

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

    <p>To identify possible sources of errors in processes</p> 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.

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