A lean kaizen event is:

A chocolate factory in Canada produces a limited number of products in high volume should use what type of strategy focus?

The difference between gross margin and profit margin is what?

Which of these tools is most appropriate for contingency planning?

When allocated on the basis of historical direct labor hours, overhead will be properly absorbed if which of the following is true?

Which of the following statemen is true about pull systems from distribution inventory control?
1. They are useful when geographical demand patterns can be forecast accurately at the factory;
2. They are more appropriate with low-value, high-volume items;
3. They are important when goods are frequently on allocation from the factory;

The initial objective of a process capability study is

Reducing queues achieves all of the following EXCEPT

Objectives of the total capacity requirements planning process include all of the following EXCEPT:

Which of the following questions should be included in a checklist used to measure the success of a newly implemented MRP system?

When reviewing a potential supplier＇s financial statements, quick ratio (current assets/current liabilities) suggests