Production becomes less synchronous the lower in a BOM the part is due to

All of the following are a basic component of a simulation EXCEPT:

Two criteria are useful in determining which costs are relevant to a particular inventory management decision. One criterion is: Does the cost represent an actual out of pocket expenditure? The second criteria is:

The manufacturing operation has just picked an unplanned issue for the current operation. The unplanned issue has occurred due to scrap, which was unexpected. The cost of the unplanned issue, in a standard cost system, will be charged to:

In an assembly line environment set up for one piece flow, Kanban signals are being used to authorize production at the next workplace. Which of the following would be the best signaling device for this environment?

The process of creating and producing the total composite good and service characteristics by marketing, engineering, manufacturing, purchasing, etc. through which the good or service will meet the expectation of the customer is known as:

Many companies today, especially in the high tech industry, have their suppliers manufacture their products for them. The suppliers then ship the products directly to customers. This process is known as:

In order to properly manage a factory floor and to provide feedback to customers regarding order status, it is important to know, at any time, the status of the production orders in process. Generally, this will require that transactions are entered into the system. Which of the following processes would be most efficient in transacting the information?

When a company receives a delivery from a supplier, a sample of the delivery will often be taken for inspection. Which of the following describes the objective of the sample?

Often, even in a JIT environment where parts are sole sourced, there will be another approved supplier who is not used unless a problem develops with the primary supplier. This approved but unused supplier is called a(an):

It is always important to monitor and feedback performance to the suppliers. In a JIT environment, however, supplier performance is vital to the ongoing operation of the business. Deliveries must be made on time, quantities must be exactly right, and quality must be perfect. Shipments are usually made within tight time windows and must be adhered to. Which of the following best describes why the demands are so rigid on a JIT supplier?