Product Management Production Management Knowledge 2

Question 1

Which production scheduling technique assigns jobs to machines to minimize total completion time?

Accepted Answer

Johnson's Algorithm

Answer

Johnson's Algorithm sequences jobs across two machines to minimize makespan (total completion time).

Question 2

In lean manufacturing, what does 'Poka-Yoke' primarily achieve?

Accepted Answer

Prevents defects through error-proofing mechanisms

Answer

Poka-Yoke uses physical or digital mechanisms to make errors impossible or immediately detectable.

Question 3

What is the primary goal of Overall Equipment Effectiveness (OEE)?

Accepted Answer

Quantify how effectively manufacturing equipment is utilized

Answer

OEE measures availability, performance, and quality to reveal the true productive capacity of equipment.

Question 4

A manufacturer has a bottleneck workstation processing 80 units/hour while all other stations process 120 units/hour. What is the system throughput?

Accepted Answer

80 units/hour

Answer

System throughput is limited by the bottleneck; no station can produce faster than the slowest constraint.

Question 5

Which inventory costing method assumes the most recently purchased items are sold first?

Accepted Answer

LIFO

Answer

LIFO (Last-In, First-Out) assumes the newest inventory is consumed first, affecting COGS and tax implications.

Product Management Practice Test