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Discuss the linkages between lean production and environmental sustainability.
Indirect Material
Items used in the production process that do not become an integral part of the final product and are not easily traced to specific products, such as lubricants and cleaning supplies.
Unadjusted Cost of Goods Sold
The total cost directly associated with producing goods, not including any adjustments for inventory changes or operational costs.
Finished Goods Inventory
Finished products on hand that are prepared for sale, yet remain unpurchased by buyers.
Total Manufacturing Costs
The aggregate amount of costs incurred in the process of producing goods, including direct materials, direct labor, and manufacturing overhead.
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