In a Repetitive Focus Factory, the Number of Phases Found

question 100

Multiple Choice

In a repetitive focus factory, the number of phases found in the system might refer to

• A) the number of successive operations that have to be performed on a part
• B) the number of machines doing the same necessary operations
• C) the number of parts waiting to be processed
• D) all of the above depending on the layout
• E) none of the above

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Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating short-term financial health and operational efficiency.

Current Assets

Resources anticipated to be turned into cash, sold off, or used up within a year or over the course of the operational cycle, depending on which period extends further.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year.

Accounts Receivable Turnover

A financial metric that measures how many times a company collects its average accounts receivable balance within a specific period.