1) Which of these would be a factor in choosing a supplier? a) Price b) Lead Time c) Reliability d) All of the Above 2) Why is it important for a business to manage their inventory levels? a) Meet customer demand. b) Manage employees c) to deliver high quality products. d) boost staff morale 3) Which of these is NOT a feature of overstocking a) Allows a business to handle unexpected changes in demand. b) Increased risk of stock becoming obsolete c) Increased storage costs d) Increases chance the business will run out of stock 4) Which of these is NOT a feature of understocking a) Reduces storage costs b) Higher ability to react to increases in demand. c) Stock may run out. d) Customers can become unhappy if unable to buy products. 5) Lead time is: a) The time taken for a manager to make decisions b) The time it takes to submit an order form. c) The time it takes between ordering stock and receiving it. d) How long it takes to hire new employees 6) Which of these is NOT a feature of Job production? a) Can be more time consuming to produce. b) Highighly customisable c) Higher labour costs d) Customers cannot change the product. 7) Which type of production is being described? When a bakery stops producing cookies to use the same machinery to make shortbread  a) Job b) Batch c) Flow d) Work in Progress 8) Why would a car manufacturer choose flow production? a) Less labour costs b) production can continue 24/7 c) Production may have to halt if machines breakdown d) Option A and B 9) Which of these is NOT a way to manage quality a) Quality Raw Materials b) Quality Labour c) Quality Machinery d) Replace all labour with machinery 10) Which method of ensuring quality only checks quality at the start and end of the process a) Quality Assurance b) Quality Circle c) Quality Control d) Benchmarking

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