The Way in Which Machines,robots,and People Are Grouped Together in the Production

question 75

Multiple Choice

The way in which machines,robots,and people are grouped together in the production process is known as:

• A) JIT.
• B) kanban.
• C) facilities layout.
• D) kaizen.
• E) TQM.

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Definitions:

Direct Labor-Hours

The total hours worked by employees directly involved in the manufacturing process or providing services.

Ending Cash Balance

The amount of cash a company has at the end of a given financial period, reflecting all cash inflows and outflows.

Budgeted Cash Receipts

Projected cash inflows for a future period, based on sales forecasts and other receipts.

Budgeted Cash Disbursements

An estimate of all cash payments that a business plans to make over a specific period, including operating expenses, purchase of assets, and other payouts.