Today's Mocktest..Essaybased..Solve & Submit your answers today before 2pm
_Case Study:_
XYZ Ltd. is a manufacturing company that produces plastic pipes. The production process involves several stages, including extrusion, cutting, and packaging. Recently, the company faced an incident where the extrusion machine broke down, causing a temporary stoppage of production.
_Incident Details:_
- The extrusion machine is a critical machine in the production process.
- The machine broke down due to a faulty wire that connects the machine's motor to the control panel.
- The production process was stopped for 2 hours to repair the machine.
- The company has a spare machine that can be used in case of a breakdown, but it was not available at the time of the incident.
Section A..
MCQ_Questions:_
1. What is the primary cause of the temporary stoppage of production in this incident?
A) Bottleneck
B) Constraint
C) Machine breakdown
D) Material shortage
Answer:
1. Is the extrusion machine a bottleneck or a constraint in the production process?
A) Bottleneck
B) Constraint
C) Neither bottleneck nor constraint
D) Both bottleneck and constraint
Answer:
1. What is the "drum" in this incident?
A) The extrusion machine
B) The production process
C) The company's goals
D) The market demand
Answer:
1. What is the "buffer" in this incident?
A) The spare machine
B) The production process
C) The company's goals
D) The market demand
Answer:
1. What is the "rope" in this incident?
A) The faulty wire that connects the machine's motor to the control panel
B) The production process
C) The company's goals
D) The market demand
Answer:
Section B...Fill in the blank..
1. The Theory of Constraints (TOC) was developed by _______________________.
Answer:
1. A constraint is a _______________________ limitation that prevents a system from achieving its goals.
Answer:
1. A bottleneck is a _______________________ limitation that prevents a system from achieving its goals.
Answer:
1. Throughput Accounting (TA) is a management accounting technique that focuses on maximizing _______________________.
Answer:
1. The Throughput Accounting Ratio (TAR) is calculated by dividing _______________________ by operating expenses.
Answer:
1. Throughput contribution is the difference between _______________________ and total variable costs.
Answer:
1. In the Theory of Constraints, the "drum" refers to the _______________________ that limits the production process.
Answer:
1. In the Theory of Constraints, the "buffer" refers to the _______________________ that protects the production process from disruptions.
Answer:
1. In the Theory of Constraints, the "rope" refers to the _______________________ that connects the drum to the rest of the production process.
Answer:
1. The goal of the Theory of Constraints is to maximize _______________________ while minimizing inventory and operating expenses.
Answer:
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