Which One of the Following Is NOT a Layout Tactic

question 79

Multiple Choice

Which one of the following is NOT a layout tactic in a JIT environment?

• A) work cells for families of products
• B) fixed equipment
• C) minimizing distance
• D) little space for inventory
• E) poka-yoke devices

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Definitions:

Factoring

Financing method where a firm sells its accounts receivables, usually to a specialized financing company, at a discount to their full value.

Receivables

Payments due from clients to a business for the delivery of goods or services that have not yet been compensated.

Collateral

An asset or property that a borrower offers to a lender as security for a loan, which the lender can seize if the borrower fails to make required payments.

Installment Loan

A loan that is repaid over time with a set number of scheduled payments.