A Key Element of the CIM Strategy Was the Deployment

question 37

Multiple Choice

A key element of the CIM strategy was the deployment of two __________________ that can accommodate the manufacture of different parts at different volumes.

• A)Computer integrated manufacturing (CIM)
• B)Manufacturing execution system (MES)
• C)Transportation management systems (TMS)
• D)Flexible manufacturing systems (FMS)

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Definitions:

Effective-interest

Another term for the effective interest method, emphasizing the allocation of interest over the life of financial instruments like bonds.

Interest Expense

Interest expense is the cost incurred by an entity for borrowed funds, paid as interest on debt such as loans, bonds, or lines of credit.

Convertible Bonds

Bonds that may be converted to other securities of the issuer (usually common stock).

Bondholder

An individual or entity that owns a bond issued by a borrower, entitling them to receive interest payments and the return of principal.