In a Just-In-Time Operating Environment, the Key Measure of Cost

question 6

Multiple Choice

In a just-in-time operating environment, the key measure of cost incurred is

• A) direct labor hours.
• B) push-through time.
• C) throughput time.
• D) indirect costs.

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Definitions:

Analytical Intelligence

One aspect of intelligence involving the ability to analyze, evaluate, judge, compare, and contrast information.

Algorithmic

Pertaining to or involving a finite set of rules that provides a step-by-step process for solving a problem or accomplishing a goal.

Creative

Exhibiting the ability or power to create through imaginative skill, often resulting in novel or unique works.

Culturally Biased

The tendency to interpret or judge phenomena based on one's own cultural standards, often leading to misunderstanding or prejudice.