At Phoenix Instruments,Claudia Pulls Six Samples an Hour from an Assembly

question 89

Multiple Choice

At Phoenix Instruments,Claudia pulls six samples an hour from an assembly line to examine them for quality defects.If she finds any,she makes adjustments to various pieces of equipment in his area.Claudia job involves _____.

• A)feed-forward control
• B)benchmarking
• C)reduced cycle time
• D)statistical process control
• E)strategic control

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Definitions:

Unearned Revenue

money received by an entity for a service or product to be delivered or performed in the future.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.

Debt-to-Equity

Debt-to-Equity is a financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.

Receivable Turnover Ratio

A financial metric used to measure how efficiently a company uses its assets by calculating how many times a company can turn its accounts receivable into cash within a period.