What is Materials Requirement Planning?

Correct Answer: Flow control, also called optimized production technology, focuses on the efficient flow of material through the production process The philosophy of flow control focuses on bottlenecks For example, an owner using flow control will not buy a machine capable of 1,000 units an hour if supply 500 units Examine systems and determine where lowest flow is experienced, then address that point and make sure it operates at full capacity Flow control applies well where maximum productivity is required

Correct Answer: The primary goals of Six Sigma are to improve profits by eliminating variability, defects and waste that undermine customer loyalty ie, increasing the customer satisfaction What is Six Sigma ? Six Sigma is a systematic methodology that provides businesses with the tools to improve the capability of their business processes This increase in performance and decrease in process variation leads to defect reduction and vast improvement in profits, employee morale and quality of product Key Elements of Six Sigma : 1 Strategy 2 Tactics 3 Culture

Correct Answer: Just-in-time,or lean manufacturing, is a production management philosophy built around the continuous reduction of waste It is suited for businesses where production efficiency is key Anything that interferes with productivity is waste and,therefore, the enemy under JIT systems Techniques that support JIT philosophy include reducing inbound inventory by creating supplier delivery schedules, minimizing outbound stock with customer delivery schedules and constant work in-house reducing scrap material and wasted man-hours These techniques improve cash flow and maximize sales margins

Correct Answer: It's important here to focus on the word "implemented" "There's nothing wrong with having a thousand great ideas, but if the only place they live is on your notepad what's the point? Better still you need a good ending If your previous company took your advice and ended up going bankrupt, that's not such a great example eitherBe prepared with a story about an idea of yours that was taken from idea to implementation and considered successful

Correct Answer: Tips : Occasionally some things go out of control of leaders such as the suitable skill pool in the organization, deadline, and the economic situation The failure can happen if the employees are unconcerned and negative In leadership interview questions, the interviewer wants to know your way in resolving the difficult situations, so you should concentrate on analyzing the failure and draw the experience from it The way you used the difficulties to design the policies and trainings Show your bravery to face with the failure and ready to recover and continue going on

Correct Answer: Hopefully if you're applying for this position you have bags of related experience and if that's the case you should mention it all But if you're switching careers or trying something a little different, your experience may initially not look like it's matching up That's when you need a little honest creativity to match the experiences required with the ones you have People skills are people skills after all, you just need to show how customer service skills can apply to interrnal management positions, and so on

Correct Answer: Six sigma is a data-driven technique and way for eliminating defects in any progress from product to service and from manufacturing to transactional

Correct Answer: Lean Manufacturing: catching the concept of JIT(Just-in-time) and re-examines it from the client point of view Anything that is made should put something of valuable to the client?s requirement For example, if you are manufacturing stereo system for a luxury car, you will imagine from the customer point of view like space occupancy, durability, sound quality, medium or loud sound, etc JIT (Just-in-Time): This methodology is described to provide that a product or part would arrive just in time to be used This method saves the price of the unused inventory, and eject the need of piling up inventory

Correct Answer: Manufacturing work in growth is when manufacturing firm transforms material into the work in process which includes labor, raw material, and factory overhead You can add all the below factors to know the amount of the manufacturing work in progress Labor amount Raw material inventory costs Production price A price of ending work in process for the accounting period

Correct Answer: In manufacturing group, software that can be useful for Material Management and Manufacturing ERP Some of the organizations that provide the manufacturing software solution are Oracle ERP system, sap etc