When Wanda Took Over as Operations Manager at Gumby Beverage

question 11

Multiple Choice

When Wanda took over as operations manager at Gumby Beverage Company,she set out to reduce the company's level of inventory of raw and finished goods to near zero.Instead,raw materials would arrive at the plants at exactly the time that they were needed,and finished products would ship out as soon as they were ready.Wanda's new system can best be described as:

• A)Balanced scorecard
• B)Six Sigma
• C)Just-in-time inventory control
• D)Lean manufacturing
• E)Open-book management

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Definitions:

Implied Warranty

A legal assurance that a product will meet a minimum level of quality and functionality without being explicitly stated in a contract.

Particular Purpose

Refers specifically to the intended use or requirement for which something is sought or required, often in a legal or contractual context.

Matter of Law

Issues decided by a judge rather than by a jury, pertaining to legal interpretation rather than factual determination.

Transfer Title

The act of legally changing the ownership of a property or asset from one entity to another.