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Listed Below Are a Number of Common Manufacturing Costs

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Essay

Listed below are a number of common manufacturing costs.For each cost,state whether the cost would be considered a direct (D)or indirect (I)cost in a traditional manufacturing environment and in a JIT manufacturing environment.
 Cost Element  Traditional  JIT  Manufacturing  Manufacturing  Environment  Environment InsuranceProperty taxesEquipment depreciationRaw materialsMaterials handlingOperating suppliesPowerHeat and lightLabor of equipment operatorsPresident’s salary\begin{array}{lcc}\text { Cost Element } & \text { Traditional } & \text { JIT } \\& \text { Manufacturing } & \text { Manufacturing } \\& \text { Environment } & \text { Environment }\\\text {Insurance}\\\text {Property taxes}\\\text {Equipment depreciation}\\\text {Raw materials}\\\text {Materials handling}\\\text {Operating supplies}\\\text {Power}\\\text {Heat and light}\\\text {Labor of equipment operators}\\\text {President's salary}\end{array}


Definitions:

Control Files

Special files used by software systems and databases to manage operations, configurations, and other essential data.

Tracks

Paths or courses laid out for running, racing, or another form of transport, or metaphorically refers to a line of progress or inquiry.

First Come

A principle commonly applied in queue management, where the first unit arriving is the first to be served or processed.

Sequence Jobs

The process of arranging production tasks or operations in a specific order to optimize efficiency and minimize downtime.

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