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NEW QUESTION # 35
Within the overall philosophy of just-in-time production, a signalling system to indicate when the next stage of the production process needs output from the previous stage, is called:
Answer: D
Explanation:
A kanban system pulls product through the production process from the previous stage.
Kaizen means continuous improvement; heijunka is related to production scheduling and levelling; Lankan is a place in Sri Lanka, and elsewhere - it is unrelated to this course.
Kaizen, kanban and heijunka can be related to the notion of the implementation of change and im-provement.
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NEW QUESTION # 36
A service contract for cleaning is due for expiry after a five-year duration. Which of the following are good sources of data to create a specification for the new invitation to tender?
* Incumbent supplier
* Maintenance services
* Alternative suppliers
* Management information
Answer: B
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NEW QUESTION # 37
Thinking about PEST, or PESTEL, or STEEPLE; under which two headings would taxation most comfortably sit?
Answer: D,H
Explanation:
The answer is political and economic.
The words used in the possible answers spell out STEEPLED which a later version of PEST, etc
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NEW QUESTION # 38
'Positivity' is about (choose one):
Answer: D
Explanation:
This is a reference to the idea that by thinking positively, one can achieve more - by having a 'can do' attitude.
The other answers are puns on the word 'positivity'. More or less.
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NEW QUESTION # 39
The Grain Building Limited company contracts with many smaller suppliers on projects where agents can create uncertain working conditions, including changes to the scope of work, start times and late changes. The work is often affected by the weather, shortages of parts, or client indecision. To mitigate this, Grain Building Limited contracts with known and reliable suppliers on the basis of the cost-plus pricing model.
Which is the correct meaning of the term "cost-plus"?
Answer: C
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NEW QUESTION # 40
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