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Exam 26: Lean Manufacturing and Activity Analysis

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Question 1

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From the foregoing information,determine the budgeted cell conversion cost per unit.

A) $240.00
B) $268.00
C) $296.00
D) $1,842.50

E) A) and D)
F) All of the above

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Question 2

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Christmas Express makes wreaths in batch sizes of 12.The cutting & assembly process takes 8 minutes per wreath and the decorating process time is 10 minutes per wreath.It takes 12 minutes to move the wreaths from the cutting & assembly process to the decorating process. ​ (a)Compute the value-added,non-value-added,and the total lead time of the wreath process. (b)Compute the value-added ratio.Round to the nearest decimal.

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(a) ​ (b)...

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Question 3

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Maximum effectiveness and efficiency are reached when the lean philosophy is used by both manufacturers and their suppliers.

From the above schedule,calculate the (a)prevention and (b)appraisal costs.

A lean nonmanufacturing process can be accomplished by consolidating,in one area,all of the services provided to a customer.

Make-to-order companies produce mainly to stock inventory.

In a lean system,there are more transactions to record than there are in a traditional system.

The lean philosophy attempts to reduce setup times,which will:

What do lean manufacturers demand from their vendors?

In a pull manufacturing system,raw materials are released to production based on forecasted demand.

From the above schedule,calculate the (a)value-added and (b)non-value-added costs.

Under a lean environment,employees have the responsibility and authority to

The lean manufacturing philosophy views inventory as an unnecessary waste of resources.

Which of the following is a value-added activity?

Under the lean production concept,employees are better utilized if they are experts in one operation rather than wasting time training them to learn various production operations.

Long setups and large batch sizes result in smaller inventories.

In a lean environment,raw materials are delivered more frequently than in a traditional environment.

In a pull manufacturing system,raw materials are released to production based on actual customer orders.

Which of the following is (are) objective(s) of lean manufacturing?

Lean manufacturing is also called make-to-stock manufacturing.