JIT/lean Production Systems Need to Be Directed by Strong Leadership

question 11

True/False

JIT/lean production systems need to be directed by strong leadership roles based on top-down communication to ensure production schedules are implemented accurately.

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Definitions:

Goods in Process Inventory

An account in the inventory accounting that represents the cost of unfinished goods in the production process at a particular time.

Factory Overhead

The indirect costs associated with manufacturing, not directly tied to specific units produced, such as maintenance, utilities, and management salaries.