According to JIT, by Eliminating Inventory We Can Clearly Identify

question 73

Multiple Choice

According to JIT, by eliminating inventory we can clearly identify __________ and work on eliminating them.

• A) Obsolete products
• B) Malfunctioning machines
• C) Grievances
• D) Product imperfections
• E) Problems

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Definitions:

Economic Value

The measurement of the benefit provided by a good or service to an economic agent.

Quarterly Dividends

Dividends paid by a corporation to its shareholders at the end of each quarter of the fiscal year.

Compounded Quarterly

Interest calculation method where interest is added to the principal four times a year, affecting the total interest earned or paid.

Redeemed

In financial terms, to exchange a financial instrument like a bond or coupon for its value in cash or goods; also refers to utilizing a reward or benefit.