The purpose of product profiling is to determine the fit of

Which of the following guidelines should be used when selecting activities for performance measurement?
I. The activity has significant effect on the performance of the overall system;
II. The activity has a high potential for improvement;
III. The activity falls within the responsibility of the organization;
IV. The activity is measurable (objective and quantifiable);

Effective implementation of which of the following tools is most likely to result in a reduction in WIP inventory?

A company owns a large number of retail stores and obtains products from manufacturers worldwide. Only a few new stores are planned to be opened within the next five years in key geographic areas. The company is focusing on internet ordering as an alternative to an aggressive new store growth strategy. All stores and projected internet demand will be adequately served by existing distribution centers for at least the next seven years. Which of the following is the MOST important consideration in the development of this strategy?

Master planning of resources for a company that manufactures a wide variety of products using batch production would typically include:

Input/output control seeks to manage lead times by adjusting input of load into the system on the basis of

Strategic sourcing is focused on

Lean purchasing must include which of the following characteristics?
I. Cost reductions are shared;
II. Purchase-order paper is minimized;
III. Deliveries are made at least daily;

A firm＇s marketing strategy directly impacts the production plan by which of the following actions:

Continuous production processes would be most appropriate for which of the following type of business?

Why would a company want to generate short-term wins during a change management project?