BUS/475 Sample Final Exam This Sample Final Exam is provided as a resource to help familiarize students with the content areas and types of questions that they may encounter when they complete the comprehensive BUS/475 Final Exam in Week Five. The student version of the sample Final does not include the correct answers (as marked below in red). Please feel free to share the sample final questions and answers with your students. Accounting Financial accounting Conceptual foundations Income
Premium Marketing Net present value
Lean Manufacturing/JIT Production “Continuous improvement is not about the things you do well - that’s work. Continuous improvement is about removing the things that get in the way of your work. The headaches‚ the things that slow you down‚ that’s what continuous improvement is all about.” ~Bruce Hamilton Continuous improvement is what makes companies profitable. Not only must they constantly innovate their product and services to satisfy the needs of their consumers‚ but also their
Premium Lean manufacturing
Bus Topology http://compnetworking.about.com/od/networkdesign/a/topologies.htm http://fallsconnect.com/topology.htm Bus topology Bus topology refers to a single cable that connects all the workstations‚ servers‚ printers and other devices on the network. The cable runs from device to device by using tee connectors that plug into the network adapter cards. Each end device has a terminator on one end of the tee and a cable going out to the next device on the other end‚ while all devices in the
Premium Network topology Ethernet
Applying Lean Logistics to SCM The system of interconnected businesses used to push a product from supplier to consumer is defined as a supply chain. Supply chain management (SCM)[1] focuses on managing the supply chain in an effort to improve the quality and time it requires to manufacture a product. The marriage of lean production and supply chain management creates lean supply chain management‚ which provides a much leaner and more economical supply chain for the product to flow
Premium Supply chain management Supply chain
Overview and Background of Lean Manufacturing History of Lean Manufacturing Toyota Production System Overview The concept of Lean Manufacturing gets is roots from car manufacturing in the early 1930s and 1940s. Stemming from innovative production techniques developed and implemented by Henry Ford‚ modern day Lean Manufacturing was developed by Taiichi Ohno of Toyota Motor Company after World War II as a result of the diverse market conditions the company faced. At a time when western
Premium Lean manufacturing Toyota Production System Manufacturing
BUS 237 – Assignment 1: MIS Article Critique Due Date/Time: Check Canvas Assignments for the due date/time for your section! Objective and Background: Many of the concepts you will be learning throughout this course are best understood as well as more interesting if you are aware of current and emerging MIS-related news in academic journals‚ newspapers‚ and magazines. This assignment will allow you to share an article of your choice from a reputable source and critique it. Key concepts include:
Premium Citation Microsoft Word Microsoft Office
Competitive advantage & Sustained profitable Decreased total costs growth Decreased overall risks Increased customer satisfaction LIncreas.ed.ma.rke-t op-portu-nity-_> Fig. 2. Benefits achieved from being fast 367 gybrif of agile and lean systems Raw materials are procured through the company’s buying offices in the UK‚ China and The Netherlands‚ with most of the materials themselves coming in from Mauritius‚ New Zealand‚ Australia‚ Morocco‚ China‚ India‚ Turkey‚ Korea‚ Italy and Germany
Premium Manufacturing
13 Lean and agile supply chain Introduction With the real-time access to the Internet and search engines like Google and with the increased global competition‚ customers have more power than ever before. They demand innovative product features‚ greater speed‚ more product variety‚ dependable performance and quality at a best in class and at a competitive price. Furthermore‚ today’s discerning consumers expect fulfilment of demand almost instantly. The risk attached to traditional forecast
Premium Lean manufacturing
1 Lean Six Sigma in the Service Industry Alessandro Laureani University of Strathclyde United Kingdom 1. Introduction The business improvement methodology known as Lean Six Sigma is rooted in the manufacturing industry‚ where it developed over the past few decades‚ reaching widespread adoption worldwide. However‚ according to the World Economic Outlook Database‚ published in April 2011‚ by the International Monetary Fund (IMF‚ 2011)‚ the distribution of PPP (Purchase Power Parity) GDP‚
Premium Six Sigma
Lean Techniques and Their Organizational Influence Paul Ainsworth Abstract This review of related literature examines the necessity to analysis organizational needs and addresses those needs with the appropriate lean method. The idea of an organization going or becoming “lean” continues to attract organizational leaders. However‚ its extent of application and lack of preparatory analysis have created skepticism about the value of
Premium Lean manufacturing