What Does JIT Manufacturing Emphasize

question 12

Multiple Choice

What does JIT manufacturing emphasize?

• A)continuous improvement,elimination of waste,and reduction of work-in-process inventories
• B)continuous improvement,elimination of waste,and increase of work-in-process inventories
• C)push inventory system,elimination of waste,and reduction of work-in-process inventories
• D)continuous improvement,collect cost by job,and reduction of work-in-process inventories

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Definitions:

Cost Center Managers

Individuals responsible for overseeing a business unit that does not directly contribute to profit but incurs costs, focusing on controlling and reducing those costs.

Controlling Costs

The process of planning, monitoring, and managing expenses to ensure they don't exceed budgeted amounts.

Budgeted Costs

Estimated expenses planned for a specific period, used for financial planning and monitoring.

Investment Center Managers

Managers responsible for a business unit that directly impacts both revenue and costs, and therefore, the unit's profitability.