Order Costs Would Include All of the Following Except

question 62

Multiple Choice

Order costs would include all of the following except:

• A)Receiving clerk's wages.
• B)Storeroom keeper's wages.
• C)Purchasing department's telephone bill.
• D)Transportation in.

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Definitions:

JIT Action

An initiative or measure taken to implement Just-In-Time production, aiming to reduce waste by receiving goods only as they are needed in the production process.

Inventory

Inventory is the quantity of goods that a business has on hand, including materials, components, and finished products.

Pull System

A production strategy where processes are initiated by actual demand, aimed at reducing waste in the production process.

Lean Operations

Lean operations refer to practices aimed at maximizing value and minimizing waste within a manufacturing or service process, focusing on efficiency and the removal of non-value-adding activities.