10 Questions
Which of the following is a basic element of classical production planning?
Customer demand forecasting
Which system reflects a push system in production planning?
Material Requirements Planning (MRP)
What is the significance of Just-In-Time (JIT) for Lean Production?
Reduces working capital
What does Little's Law state about inventory?
Inventory increases flow time
What does ROI stand for in the context of inventory?
Return on Investment
JIT means to
eliminate waste
Working capital is a cost associated with
inventory
Inventory masks inefficiencies and hides
process problems
The concept of JIT is to have
zero inventory
Little's Law states that increasing inventory will increase
flow time
Test your knowledge on Just-In-Time (JIT) principles and pull systems in Lean Manufacturing. This quiz covers topics such as customer demand forecasting, aggregate planning, and the Master Production Schedule (MPS). Challenge yourself and assess your understanding of classical production planning elements.
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