The Final Assembly Schedule in a Lean System

question 43

Multiple Choice

The final assembly schedule in a lean system:

• A) should be developed for each product independent of the process requirements for the other products.
• B) strives to create a uniform flow at the work centers in the plant.
• C) avoids the use of small lot sizes because they create many production orders and cause confusion.
• D) allows daily changes in demand levels, regardless of size, to be incorporated immediately into the work center schedules.

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Definitions:

Statement Of Stockholders' Equity

A financial statement that shows changes in the ownership interest of a company’s shareholders over a reporting period.

Straight-Line Depreciation

A way to distribute the expense of a concrete asset throughout its life expectancy in uniform annual figures.

Present Value Interest Factors

A factor that can be used to calculate the present value of a sum that is to be received in the future.

Guaranteed Residual Value

The predetermined value guaranteed to the lessee by the lessor or a third party, ensuring the asset will have a certain value at the end of the lease term.