A Stable,level,mixed Product Model Production Schedule Is Not Advantageous or Necessary

question 15

True/False

A stable,level,mixed product model production schedule is not advantageous or necessary for JIT/lean systems.

---

Definitions:

AASB 138

The Australian Accounting Standards Board standard that specifies the accounting for intangible assets that are not dealt with specifically in another AASB standard.

Intangible Asset

Non-physical assets owned by a business, such as patents, trademarks, and copyrights, that have economic value.

Finite Life

A term used to describe assets or investments that have a fixed period of utilization or return, after which they cease to produce value.

Amortised

The process of gradually writing off the initial cost of an asset over its useful life.