A capital budget item costs $18,000 and had an annual savings of $2500 labor and $500 in annual power usage in a company with a 12% internal rate of return. They payback period in years would be

What are types of process objects from Davenport and Short
I. Logical
II. Physical
III. Informational

When a company is using design for manufacturability the result is supposed to be what?

Which of the following would BEST describe an infrastructure choice?

Which of the following are objectives of operations strategy?
I. Alignment
II. Vision
III. Kanban Implementation
IV. Performance Objectives

What is the last thing to do in a Kaizen event process?

A new company experienced tremendous growth in their first year. After the first year sales began to slightly decline. The new company lost focus on their strategic planning during this time MOST likely because of why? (Whitney article)

Kaizen is the Japanese word for what?

Which of the following are characteristics of a project?
I. Involvement of a cross functional group of people
II. Limited set of resources
III. Logical sequence of activities
IV. Clear user of the results

A distribution center has implemented a process where when a supplier delivers goods, it is received, sorted, and then loaded into an outgoing vehicle within the day so the material never reaches inventory. What is this distribution center doing?

What organizational structure includes a formal structure with defined staff reporting into marketing, sales, manufacturing, etc.