2. All the statements below are incorrect statements. Briefly explai.pdf
- 1. 2. All the statements below are incorrect statements. Briefly explain why each one is incorrect, or what wording changes makes it a correct statement 2-1. Theoretical capacity is always more than the effective capacity of a resource or resource pool 2-2. Unit load refers to the maximum amount of time that a resource can allocate to each flow unit to meet the demand 2-3. Flow time of a step in a process is equal to the activity time of that step 2-4. Increasing the marketing efforts to attract more customers can be a solution to address internal bottleneck of a process 2-5. External bottleneck will lead to overloaded resources in a process 2-6. Throughput is never less than the effective capacity of a process 2-7. Job shop is a process architecture appropriate for manufacturing highly standardized large volume of products 2-8 A business which stands on the operational frontier of its product attributes, is a business that offer the best on all of the 4 product attributes as compared to its competitors 2-9 Operations Management is about the transformation of inputs into outputs of the processes, and is about techniques to reduce inventory, throughput, and Flow Time 2-10 Extra-processing refers to producing more than what is needed 2-11 When a flight gate is changed in the last moment and you have to walk to a new gate to catch your flight, the type of waste incurred is wait 2-12 Wastes must be avoided at any price, as they are costly for a business 2-13 The path with the smallest number of resources is taking the longest to complete, and therefore is called the Critical Path 2-14 Buffer is an input to a process 2-15 Littles Law includes a relation between the flow unit, throughput, and inventory