Which of the Following Statements Regarding Work-In-Process (WIP) Inventory Is

question 85

Multiple Choice

Which of the following statements regarding work-in-process (WIP) inventory is FALSE?

• A) Reducing flow time reduces WIP inventory.
• B) During most of the time a product is "being made," it is in fact sitting idle.
• C) Actual "run" time is usually a significant portion of the material flow time.
• D) WIP exists because of flow time.
• E) WIP inventory describes products or components that are no longer raw materials but have yet to become finished products.

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