Quickly Changing Tooling and Fixtures to Reduce Setup Time and Achieve

question 29

Multiple Choice

Quickly changing tooling and fixtures to reduce setup time and achieve higher flexibility and productivity is the principle of _____.

• A) Kanban
• B) andon
• C) the 5Ss
• D) SMED

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Definitions:

Factory Overhead

All indirect costs associated with manufacturing, including utilities, indirect labor, and materials not directly traceable to a product.

Machine Hours

A measure of the amount of time a machine is operated within a given period, used in cost accounting to allocate manufacturing overhead costs to products.

Overapplied Amount

A situation in cost accounting where the allocated factory overhead costs exceed the actual overhead costs incurred.

Factory Overhead

Indirect costs related to manufacturing, including utilities, maintenance, and factory equipment depreciation.