In 2010,federal,state,and Local Governments Spent an Estimated

question 21

Multiple Choice

In 2010,federal,state,and local governments spent an estimated

• A) $5.5 trillion.
• B) $3.5 billion.
• C) $2.8 trillion.
• D) $550 billion.

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Definitions:

Push Manufacturing

The traditional approach to manufacturing in which products are manufactured according to a production schedule based on estimated sales; the schedule pushes product into inventory before customer orders are received.

Make to Order

A production strategy where manufacturing starts only after a customer places an order, tailoring products to specific customer requirements.

Lean Environment

A systematic method for waste minimization within a manufacturing system without sacrificing productivity, focusing on adding value and reducing non-value activities.

Raw Materials

Basic materials used in the production process, not yet transformed into final products.