Continuous Improvement with JIT Systems

question 19

Multiple Choice

Continuous improvement with JIT systems

• A) involves navigating a ship over treacherous rocks.
• B) requires periodically increasing lot sizes or workforce levels to uncover problems.
• C) entails systematically stressing the system and focusing on problem areas.
• D) focuses exclusively on internal operations because relationships with customers and suppliers are addressed by the logistics department.

---

Definitions:

Modified Accelerated Cost Recovery System

A method of depreciation in the U.S. tax code that allows for faster asset depreciation in the early years of the asset's life.

U.S. Federal Income Tax

The financial charge imposed annually by the Internal Revenue Service on the income of individuals, corporations, trusts, and various legal entities.

Depreciating Assets

Assets that lose value over time due to use, wear and tear, or obsolescence, such as machinery, vehicles, and buildings.