The Operations List Is The

question 86

Multiple Choice

The operations list is the:

• A)Schedule of production for the day, week, or month as specified by the company.
• B)Document that includes each operation to be performed, including the location of the activity and resources required to produce a product.
• C)Form that specifies the components of a product.
• D)Outlines the design of the product and the creation of the bill of materials.

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Definitions:

Raw Material Purchases Cost

The total amount spent on buying raw materials necessary for production.

Finished Goods Inventory

The stock of completed products that are ready to be sold but have not been sold yet.

Direct Material Requirements

The specific materials and quantities needed for the production of goods.

Budgeted Production

The total amount of products that a company plans to produce over a certain period, according to its budget.