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A roofing company agreed to complete a job in one week and collected a 50 percent deposit, but never showed up to do the job. The same roofing company then donated $6,000 to a local children's hospital. The roofing company could be considered socially responsible.
Manufacturing Cells
A layout design in manufacturing where equipment and workstations are arranged to optimize the production process, often by grouping together different machines used for similar processes.
Lean Production
A manufacturing methodology that focuses on minimizing waste within manufacturing systems while simultaneously maximizing productivity.
Work Centers
Specific locations within a manufacturing operation where specific tasks or groups of tasks are carried out.
Conversion Cost
The total cost of direct labor and manufacturing overhead to convert raw materials into finished goods.
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