Match the Term with Its Definition

question 62

Multiple Choice

Match the term with its definition. Some terms may not be used.
-A form of manufacturing with output that more closely resembles a product stream than individual products

• A)Continuous manufacturing
• B)Coop
• C)Flexible manufacturing systems
• D)Job shops
• E)Lean production
• F)Make-or-buy decisions
• G)Operations
• H)Outsourcing
• I)Project manufacturing
• J)Repetitive manufacturing
• K)Supply Chain Operations Reference model
• L)Synchronous manufacturing

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Definitions:

Accounts Receivable

Accounts receivable represents money owed to a company by customers for products or services delivered but not yet paid for.

Operating Activities

Activities that relate to a company’s primary business operations, including revenue and expense transactions affecting net income.

Interest

The cost of borrowing money, typically expressed as an annual percentage of the principal loan amount.

Long-Term Bank Loan

A debt financing obligation issued by a bank or financial institution to a company, with a repayment period exceeding one year.