Just-In-Time Processing Is a Business Philosophy That Focuses on Reducing

question 82

Multiple Choice

Just-in-time processing is a business philosophy that focuses on reducing time and cost and eliminating poor quality. This is accomplished in manufacturing and non-manufacturing processes by:

• A) moving a product from process to process as each function is completed
• B) combining processing functions into work centers and cross-training workers to perform more than one function
• C) having production supervisors attempt to enter enough materials into manufacturing to keep all manufacturing departments operating
• D) having workers typically perform one function on a continuous basis

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Definitions:

Allocating

The process of assigning or distributing resources, costs, or revenues among various accounts, departments, or entities based on specific criteria or formulas.

75% Threshold

Often refers to a specified level of ownership, control, or approval, commonly indicating the portion of voting rights required to pass certain resolutions or to meet regulatory requirements.

Total Group Sales Revenue

This refers to the total revenue generated from sales activities by all entities within a corporate group, including both the parent company and its subsidiaries.