The Bottleneck's Processing Rate Is Called the _____ in OPT

question 48

Multiple Choice

The bottleneck's processing rate is called the _____ in OPT and TOC terms.

• A)rope
• B)buffer
• C)drum
• D)batch

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Definitions:

Cost of Goods Sold

The immediate expenses linked to the creation of products sold by a firm, encompassing materials, workforce, and indirect costs.

Periodic Inventory System

A method of inventory valuation for financial reporting purposes where a physical count of the inventory is taken at specified intervals.

Purchase Account

An account used in accounting to record the total purchases of goods and services by a company.

Inventory Account

An account used to record the value of inventory held by a company, including raw materials, work-in-progress, and finished goods.