At the Beginning of 2004, Peters Company Installed a JIT

question 34

Multiple Choice

At the beginning of 2004, Peters Company installed a JIT purchasing and manufacturing system. The following information has been gathered about one of the company's products. The company's on-time delivery percentage is

• A) 100.0%.
• B) 95.5%.
• C) 94.7%.
• D) 50.0%.

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Definitions:

Percent

A mathematical term representing a part per hundred, used to describe proportions or ratios.

Helmets

Protective headgear worn to reduce the risk of injury, especially in sports, construction, and transportation.

Opportunistic

Taking advantage of situations with little regard for principles or consequences, often to gain personal benefits or advantages.

Cinema

A movie theater where films are shown for public entertainment or the art of filmmaking itself.