Inventory That Acts as a Buffer Between Workstations in Flow

question 65

Multiple Choice

Inventory that acts as a buffer between workstations in flow shops or departments in job shops is called ____ inventory.

• A)Raw materials
• B)Work-in-process
• C)Cycle stock
• D)Safety stock

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Definitions:

Team Work

A collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way.

Incremental Increases

Gradual enhancements or raises in salary or benefits over time.

Economic Value

The worth of a good or service determined by the market forces of demand and supply, or the utility it provides to individuals or society.

Centralized Selection

A recruitment approach where hiring decisions and processes are managed from a central location or department within an organization to ensure consistency and efficiency.