As lean production methods reduce changeover and setup times and thus enable smaller economic lot sizes and less work-in-process inventory, is the importance of quality increased or decreased? Why?

What will be an ideal response?


Increased. The reason for this is simply that as lean production takes hold, there is a lower margin for error. A defective component can totally shut down a production line where, with plenty of inventory, the defect can be discarded with minimal effect on other processes. An incorrect answer can be logically construed. An answer of "decreased" can be defended by the notion that with very brief set-up times it doesn't take too long to set up to replace the defective component. However brief that time is, it is time that several other processes are being starved for components. The quote from the text is, "To enable this pull process to work smoothly, lean production demands high levels of quality at each stage of the process, strong vendor relations, and a fairly predictable demand for the end product."

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Compton Corporation is a wholesale distributor of educational CD-ROMs. The company's records indicate the following: This YearLast YearUnits Sold 250,000  200,000Sales$1,250,000 $1,000,000Cost of goods sold 875,000  700,000Gross margin 375,000  300,000Selling and administrative expenses 222,000  210,000Net operating income$153,000 $90,000What is the company's contribution margin for this year? (Round your intermediate calculations to 2 decimal places.)

A. $213,000 B. $315,000 C. $(667,500) D. $375,000

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Effective team performance is said to begin with the leader doing what?

What will be an ideal response?

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CMMI Level 4 objectives include

A) manage measurable metrics and software goals. B) plan organization-level process development and improvement activities. C) establish a baseline for software engineering process and management. D) constantly changing the software process as the project progresses.

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Mace copies Nick's book, MumbaiMonsoon, in its entirety and sells it to Parkland Books, Inc, without Nick's permission. Parkland publishes it under Mace's name. This is

a. copyright infringement. b. fair use. c. licensing. d. protected expression.

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