Which of the statements about JIT (Just In Time) and MRP (Materials Requirements Planning) is most correct?
- JIT and MRP stress the importance of quality improvements.
- JIT and MRP demand a high quality level of the supply.
- JIT and MRP demand an extensive product quality inspection.
- JIT and MRP each have very different quality standards.
Consider the statements below:
I. Smarthouse is a company that builds houses using prefabricated and standardized modules. The company uses ETO (Engineer and make to order).
II. MSS (Make and send to stock) is an example of an order driven production method.
- Both statements are correct.
- Both statements are incorrect.
- Statement I is correct and Statement II is incorrect.
- Statement I is incorrect and Statement II is correct.
A purchasing quality strategy with the slogan: ‘first time right’, is called:
- Process quality control.
- Supplier quality assurance (SQA).
- Statistical process quality control.
- Zero defects approach.
Which of the statements below is not a characteristic of the 'Just in time' purchasing philosophy?
- Purchasing deviations are not accepted.
- The price is determined through open calculations.
- Tight inventory management with clear agreements about delivery terms.
- At least two suppliers for a product to prevent shortages.