Which of the Following Is a Step Towards Integrating JIT

question 157

Multiple Choice

Which of the following is a step towards integrating JIT and MRP according to the text?

• A) smaller buckets
• B) increase quality
• C) scrap MRP, it does not work with JIT
• D) migrate from MRP to ERP
• E) All of the above are acceptable steps

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Definitions:

CCA Rate

Capital Cost Allowance Rate, the rate at which a business can claim depreciation on capital assets for tax purposes in certain jurisdictions.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.

Depreciation Tax Shield

The reduction in taxable income for businesses that results from claiming depreciation expenses, thereby lowering tax liabilities.

Break-Even Lease Payment

The lease payment amount at which the cost of leasing equals the cost of owning, resulting in no net profit or loss.