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Yusted's Company Uses a Computer to Control Its Production Process

question 150

Multiple Choice

Yusted's company uses a computer to control its production process.The computer transmits signals to machines for performing the appropriate steps in the correct order.This is an example of _____.

Understand and calculate days' sales in work in process inventory.
Understand and calculate work in process inventory based on given days' sales.
Understand the lean business model and its application beyond manufacturing.
Understand how days' payable outstanding is calculated and interpreted.

Definitions:

Questionnaire

A research instrument consisting of a series of questions for the purpose of gathering information from respondents.

Internal Consistency

The degree of reliability within a test—the extent to which different parts of the same test yield the same results.

Split-Half Reliability

A measure of internal consistency, often ascertained by comparing responses on odd-numbered test items with responses on even-numbered test items and seeing if the scores for these responses are correlated.

Coefficient Alpha

A method for evaluating internal consistency, calculated by averaging the intercorrelations of all the items on a given test. The higher the coefficient alpha, the higher the internal consistency.

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