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1. Formal shop-floor control systems are necessary under JIT?

a. True b. False

2. The objective of Theory of Constraints (TOC) is to maximize the utilization of both bottleneck and non-bottleneck resources.

a. True b. False

3. In TOC scheduling, buffers are normally maintained before and after bottleneck resources?

a. True b. False

4. In the one-machine case, the order of job processing is not an important factor in performance?

a. True b. False

5. The shortest processing time (SPT) sequencing rule performs well to minimize the average number of jobs in the system.

a. True b. False

6. According to the ‘Staircases of Growth’ study, there are seven distinct strategic degrees of freedom that enable companies to grow. Which of the following does NOT fall directly under any of these strategic degrees of freedom?

Product Innovation

Service Innovation

Business Model Innovation

Open Innovation

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93116544

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