Monitoring and Managing the Work Flow at Each Work Centre

question 30

Multiple Choice

Monitoring and managing the work flow at each work centre on the shop-floor of a production facility is called:

• A)lot sizing.
• B)inventory turnover.
• C)daily dispatch lists.
• D)Gantt chart.
• E)Input/output (I/O)control.

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Definitions:

Insurance Proceeds

The money received from an insurance claim, which compensates for a loss or damage.

Subrogation Clause

A provision in an insurance policy allowing the insurer to take legal action in the name of the insured against a third party responsible for the insured’s loss.

Property Damage

Physical harm or destruction to someone's tangible property caused by another's actions or negligence.

Occurrence

An event that happens or takes place, especially one of importance.