Question 1

Which of the following elements defines a lean manufacturing system?

Accepted Answer

All of the above

Answer

waste elimination

Answer

cost reduction

Answer

value creation

Question 2

Which of the following are not lean thinking principles?

Accepted Answer

strict control using variance analysis

Answer

pursue perfection

Answer

uninterrupted value flow

Answer

value streams

Question 3

An order fulfillment value stream ...

Accepted Answer

Focuses on providing current product to current customer

Answer

Focuses on providing existing product to new customer

Answer

Focuses on developing new product for new customer

Answer

Focuses on providing new product to existing customer

Question 4

Non value added activities are...

Accepted Answer

All of the above

Answer

A source of waste

Answer

Unneccessary

Answer

All avoidable in the long run

Question 5

A value stream...

Accepted Answer

Has both value added and non value added activities

Answer

Has only non value added activities

Answer

Emphisizes standard costing controls

Answer

Has only value added activities

Question 6

A value stream is usually created for . . .

Accepted Answer

Product that use common process

Answer

Product with the same market shares

Answer

Product that use different process

Answer

Heterogeneous product

Question 7

A cell structure is chosen over a departmental structure because it . . .

Accepted Answer

All of the above

Answer

Reduces cost

Answer

Increases quality

Answer

Reduces inventories

Question 8

Inventories of a goods awaiting further processing or consumption are . . .

Accepted Answer

A form of waste not valued by customer

Answer

Needed to ensure JIT deliveries to customer

Answer

Vital for continuous flow manufacturing

Answer

Needed to prevent stock-outs

Question 9

Three cost reduction methods are typically used . . .

Accepted Answer

All of the above

Answer

Value analysis

Answer

Process improvement

Answer

Reverse engineering

Question 10

Four different perspective of balanced scorecard are . . .

Accepted Answer

Financial; customer; internal business process; learning and growth

Answer

Marketing; customer; internal business process; learning and growth

Answer

Human Resources; customer; internal business process; learning and growth

Answer

Financial; customer; external business process; learning and growth

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