The Final Assembly Schedule in a JIT System

question 23

Multiple Choice

The final assembly schedule in a JIT system

• A) should be developed for each product independent of the process requirements for the other products.
• B) strives to create a uniform flow at the work centers in the plant.
• C) avoids the use of small lot sizes because they create many production orders and cause confusion.
• D) allow daily changes in demand levels, regardless of size, to be incorporated immediately into the work center schedules.

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Definitions:

Personal Exemption

A deduction allowed by the IRS for taxpayers, their spouses, and dependents, significantly reduced to $0 for tax years 2018 through 2025 under the Tax Cuts and Jobs Act.

Dependent

An individual, often a child or spouse, who relies on another person for financial support and can qualify the provider for tax exemptions.

Federal Individual Income Tax

A tax levied by the IRS on the annual earnings of individuals, estates, and trusts.

1040ES

Form 1040-ES is used by taxpayers to estimate their taxes for the year and make quarterly payments. It is typically used by self-employed individuals or those without sufficient tax withholding.