Plant Operations Management Flashcards
7 cards from real CPM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Plant Operations Management flashcards as text
Which document provides a detailed list of all components, subassemblies, and raw materials required to manufacture a finished product?
Answer: Bill of Materials (BOM)
A Bill of Materials (BOM) specifies every part and quantity needed at each level of assembly for a finished product.
A plant manager is evaluating a capital equipment purchase. Which financial metric measures the time required to recover the initial investment from project cash flows?
Answer: Payback period
The payback period calculates how many years it takes for cumulative cash inflows to equal the initial capital outlay.
In the Theory of Constraints, what is the step that immediately follows 'identify the constraint'?
Answer: Exploit the constraint by maximizing its output
The five focusing steps prescribe exploiting (getting maximum throughput from) the existing constraint before spending money to elevate it.
Which standard defines requirements for an environmental management system (EMS) to help organizations improve environmental performance?
Answer: ISO 14001
ISO 14001 specifies requirements for establishing, implementing, and improving an environmental management system.
A plant uses ABC inventory classification. Which category represents the smallest percentage of SKUs but the highest percentage of annual dollar usage?
Answer: A items
A items (typically 10–20% of SKUs) account for roughly 70–80% of total annual dollar usage and require the tightest control.
What is the primary goal of a SMED (Single-Minute Exchange of Die) initiative?
Answer: Reduce changeover time to less than 10 minutes
SMED targets reducing changeover time to single-digit minutes (under 10 minutes) by converting internal setup steps to external ones.
Which process improvement approach uses DMAIC (Define, Measure, Analyze, Improve, Control) as its primary problem-solving framework?
Answer: Six Sigma
DMAIC is the structured problem-solving methodology used in Six Sigma to reduce process variation and defects.