An accounting assumption that the oldest inventory is the first to be used is

Which of the following are characteristics of Kanban?
I. Needs no Paperwork
II. Needs a fixed and short lead time
III. Authorizes the producer to make the material
IV. Is a visual technique to move materials

Using ABC Classifications, what parts should be cycle counted more often?

What is the new projected available balance when previous projected available balance is 4 units; gross requirements equal 10 units, scheduled receipts equals 15 units.

All of the following is why inventory accuracy is necessary EXCEPT

Total Inventory minus Productive Inventory minus protective Inventory equals what?

All of the following ensures capacity availability matches demand in the following areas EXCEPT

What type of partnership is at the business level?

Which of the following are ways to calculate Work In Process
I. Value of materials issued -Work Completed in time period
II. Average manufacturing lead time times average weekly spend
III. Average manufacturing lead time multiplied by work completed

In Synchronous Manufacturing what type of system can be used to replenish the line?

When the clean out process at the end of a production run is difficult or long, many companies run two or more batches one after another. This is called what?