Manufacturing Company Production System Components

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the main difference between micro managers and macro managers?

Micro managers focus on planning only, while macro managers focus on executing only.
Micro managers focus on financial aspects, while macro managers focus on human resource management.
Micro managers focus on observing and directing closely, while macro managers focus on observing and directing their team. (correct)
Micro managers focus on big picture tasks, while macro managers focus on detailed tasks.

What does Material Management entail?

Material Management involves controlling the flow of materials effectively. (correct)
Material Management solely deals with financial aspects of materials.
Material Management involves procurement of human resources.
Material Management focuses only on acquiring materials.

Why is it important to effectively manage materials as part of Material Management?

To solely focus on maximizing profits from material sales.
To delay material delivery to reduce production costs.
To prioritize the storage of materials over their timely use.
To maintain desired production levels at a minimum cost. (correct)

What is the primary goal of Material Management?

To provide the right materials at the right place at the right time to maintain desired production levels. (A) Signup and view all the answers

Which of the following is NOT a benefit of effective Materials Management?

Encouraging congestion in different stages of manufacturing. (D) Signup and view all the answers

What encompasses the activities of Material Management?

Planning, directing, controlling, and coordinating all activities related to materials and inventory requirements. (D) Signup and view all the answers