Examlex
Presented below is a list of computer file names found in quick-response manufacturing systems,followed by definitions of the terms.
Required: Match the letter next to each definition with the appropriate term.Each answer will be used only once.
________ 1.Completed production order file
________ 2.Master operations file
________ 3.Production data file
________ 4.Inventory file
________ 5.Routings (RTGs)file
________ 6.Resource usage file
________ 7.Master production plan file
________ 8.Bill of materials file
________ 9.Production status file
________ 10.Production loading file
A.Contains information about the work center,length of time,and tooling required to complete each production task
B.Contains production requirements associated with open production orders
C.Lists all cost data for completed production orders
D.Shows actual and standard material,labor,and operation costs for work completed
E.Contains a record for each product manufactured,detailing its components
F.Contains both materials requisition and routing data to input into the cost accounting program
G.Contains a record for each product,detailing the machine and labor sequences required for its production
H.Contains a record for each open production order
I.Updated by the completed production order file
J.Processed against the bill of materials,production status,and master operations files in the production planning program
Departmental Accounting System
This system allows for accounting and financial reporting to be done separately by departments within an organization, facilitating more specific financial oversight.
Cost Center
A department or function within an organization where its costs are accumulated, but it does not directly generate revenue.
Profit Center
A business unit or department within an organization that is treated as a separate entity for the purpose of calculating its profitability.
Transfer Prices
Prices charged for the sale of goods or services between divisions or subsidiaries within the same company.
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