One of the Principles of Workcenter Scheduling Is That the Effectiveness

question 125

True/False

One of the principles of workcenter scheduling is that the effectiveness of any shop should be measured by speed of flow through the shop.

---

Definitions:

Receivables

Funds owed to a business by its clients for products or services that have been provided or utilized, but payment has not yet been received.

Inventory Period

The average time it takes for a company to turn its inventory into sales, often used to assess the efficiency of inventory management.

Accounts Receivable Period

The average number of days it takes for a company to collect payments from its customers after a sale has been made.

Accounts Payable Period

The average number of days it takes for a business to pay off its trade creditors.