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Critical Thinking Questions Case 3-2 You are the sales manager for a training company. Your company uses a monthly newsletter to market its services to clients by keeping clients up-to-date on using current technologies and informing clients about emerging technologies. You are meeting with your administrative assistant to plan next month's newsletter. Your administrative assistant has drafted the lead story by hand. You recommend that she ____.
Backflush Costing
A streamlined cost accounting method that assigns costs to products after they are produced, based on the finished goods output.
Just-In-Time (JIT)
An inventory management system where materials are produced or received only as necessary to meet demand, reducing waste and costs.
Activity-Based Costing (ABC)
Activity-Based Costing (ABC) is a costing methodology that assigns costs to activities based on their use of resources, offering more precise costing information.
Supplier Performance Index
This index assesses a supplier's efficiency by analyzing their delivery times, quality of goods, and adherence to contractual agreements, providing a comprehensive overview of their performance.
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