Scheduling Materials to Arrive on a Timely Basis at a Workstation

question 60

Multiple Choice

Scheduling materials to arrive on a timely basis at a workstation or facility in order to reduce costs and improve workflow is known as:

• A) timely inventory control (TIC).
• B) just-in-time (JIT) scheduling.
• C) scheduling an economic order (SEO).
• D) management by objectives (MBO).
• E) efficient production planning (EPP).

---

Definitions:

Conventions

Established or traditional ways of doing things, often in specific contexts like politics, culture, or professional practices.

Media Organizations

Companies or institutions that are involved in the production and dissemination of news, information, or entertainment.

Debenture

A type of debt instrument that is not secured by physical assets or collateral but based on the issuer's creditworthiness and reputation.

Outstanding Shares

Refers to the total number of shares of stock that are currently owned by shareholders, including those held by institutional investors and company insiders.