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Edexcel A Level Topic 2.4 Resource Management Quiz Flashcards | StudBud
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Edexcel A Level Topic 2.4 Resource Management Quiz
Edexcel A Level Topic 2.4 Resource Management Quiz
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1
The goal of lean production is to eliminate all forms of waste, inc. overproduction, waiting time, & excess inventory.
True
False
2
Which statement best describes Kaizen?
One-time improvement initiative
Continuous improvement philosophy
Rapid production method
Quality control technique
3
What does TQM stand for?
Technical Quality Metrics
Total Quality Management
Total Quantity Management
Tactical Quality Monitoring
4
Cross-training employees to perform multiple tasks can contribute to increased operational efficiency.
False
True
5
How can a business minimise wastage?
Reducing employee training programs
Increasing production speed
Implementing just-in-time inventory systems
Ignoring quality control measures
6
What is a quality circle?
A marketing strategy for promoting high-quality products.
A measurement tool for assessing product dimensions.
A team of employees who voluntarily meet to discuss and problem solve.
A geometric shape used in statistical analysis.
7
Just-In-Time (JIT) aims to minimise holding costs by keeping large stockpiles of inventory on hand.
False
True
8
Which statement best describes over-utilisation in business?
Balanced utilisation of resources for optimal performance
Excessive use of resources leading to inefficiency
Efficient use of resources to maximise productivity
Adequate allocation of resources to meet demand
9
Which is the most effective method of stock control for perishable goods?
Economic Order Quantity (EOQ)
ABC analysis
Just-in-Time (JIT)
First-In-First-Out (FIFO)
10
In a cell production system, what is the primary focus?
Cross-functional teams
Customisation
Large-scale production
Continuous flow
11
What type of production method is commonly associated with producing goods in mass such as cars?
Flow
Job
Batch
Cell
12
Which one is a benefit of lean production?
High production costs
Excessive inventory levels
Reduced waste
Increased lead time
13
In batch production, products are made to order, and each batch is customised to meet specific customer requirements.
False
True
14
What is lead time?
The time it takes for a business to become profitable.
The time it takes to manufacture a product.
The time between placing an order and receiving the goods.
The time it takes for a product to deteriorate.
15
Which business is most likely to be labour intensive?
Newspaper producer
Solar panel manufacturing
Data analytics firm
TV repair business
16
What is a key benefit of quality assurance?
Reduced production speed
Increased waste
Higher manufacturing costs
Enhanced customer satisfaction
17
In which production method are products usually customised and made to order, often requiring highly skilled labour?
Batch
Cell
Flow
Job
18
What is the purpose of buffer stocks?
To maximise production efficiency
To eliminate the need for quality control
To minimise storage costs
To absorb fluctuations in demand and supply
19
Which business is most likely to be capital intensive?
Cereal manufacturer
Freelance writing service
Consulting firm
Software development startup
20
Job production is characterised by the continuous and standardised flow of materials through the manufacturing process.
True
False