Augusta Corporation Recently Implemented a Just-In-Time (JIT) Production System Along

question 41

Multiple Choice

Augusta Corporation recently implemented a just-in-time (JIT) production system along with a series of continuous improvement programs. If the firm is now considering adopting a total quality management (TQM) program, it would likely find that TQM:

• A)is consistent with both JIT and continuous improvement.
• B)is consistent with JIT but inconsistent with continuous improvement.
• C)is consistent with continuous improvement but inconsistent with JIT.
• D)is inconsistent with both JIT and continuous improvement.
• E)is an antiquated management technique.

---

Definitions:

Reminder

A prompt or signal designed to jog someone's memory about a task, event, or other commitment, often used in personal and professional settings to ensure timely actions.

Installment Account

A financial account that allows borrowing or the purchase of goods, with repayment made in predetermined, periodic amounts over time.

Open Charge Account

A credit account that allows the account holder to purchase goods or services on credit and pay for them at a later date.

Line of Credit

A credit facility extended by a bank or financial institution to a government, business, or individual, allowing them to borrow up to a predetermined limit.