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Q1— Section header —
1.15\ in the ANSWER BOOK.
1.1The financial position of a company at a particular point in time is given by the ... current assets and liabilities. balance sheet. income statement. profit and loss account.
1.2... is an example of a fixed asset on a balance sheet. A company vehicle Cash in the bank Raw material stock inished product
1.3
1.4Assume that the direct costs involved in producing a product include raw material costs of R50 per unit and direct labour costs of R150 per unit. If manufacturing overheads are allocated at a rate of 20% of
1.5... are differences between actual results and planned results. Specifications Defects Variances Budgets
1.6A company produces 150 vehicle exhaust systems in a shift. If the direct costs amount to R25 000 and the manufacturing costs amount to R50 000 dur ing a shift, the process cost will be ... per exhaust system unit.
1.7The cost of poor quality is given by the ... appraisal and failure costs. prevention and appraisal costs. internal and external failure costs. prevention, appraisal and failure costs.
1.8
1.9A project to reduce the lead time of a process would probably start with ... preparing a process flow diagram. preparing SPC charts. brainstorming possible solutions. training the people involved.
1.10
1.11
1.12Doing the correct things right, first time, every time, is the primary objective of ... theory of constraints. total quality management. cost of quality. just time manufacturing.
1.13
1.14
1.1530
Q2— Section header —
2.1Indicate whether the following statement is TRUE or FALSE . Choose the answer and write 'True' or 'F alse' next to the question number
2.1in the ANSWER BOOK and motivate your answer 'Slow incremental improvement is sufficient to succeed nowadays'. (4\
2.2Name SIX common types of waste in a manufacturing company. (6\
2.3Explain what is meant by cellular manufacturing and state FOUR advantages of this approach compared to the traditional approach to factory layout (6\
2.4State FOUR practical precautions that operators should take to prevent or reduce equipment failure (4\
2.5Explain FOUR steps that s hould be followed to reduce set time. (4\ [24]24
Q3— Section header —
3.1A company keeps track certain quality related costs in order to calculate its overall cost of quality. The results over a three month period are as follows: SOURCE OF COST COST
3.1.1Categorise each of the above as a PREVENTION COST APPRAISAL COST or FAILURE COST by writing only the answer next to the letter (a in the ANSWER BOOK. (8\
3.1.2Calculate the total of the prevention cost, appraisal cost and failure cost
Q3— Section header —
3.1.3alculate the failure cost as a percentage of company sales company sales were 10 million in the three month period (2\
3.2Explain the main benefits of eliminating receiving inspection (2\
3.2State THREE basic steps that could be taken to achieve the elimination of receiving inspection
3.3State THREE benefits of measuring the cost of poor quality. (3\
3.4State FOUR details that are usu ally included in the terms of reference (project brief\ of a strategic project to be led by an improvement team. (4\ [25]25
Q4— Section header —
4.1Each day a company produces 50 products and sells them for R200 each.
4.1.1Calculate the daily throughput if the material cost is R80 per unit.
4.1.2
4.2Distinguish between continuous improvement and business process engineering. (5\
4.3
4.4State SIX characteristics of world class performance measures. (6\ [21] TOTAL:21