The Pace at Which Production Should Take Place to Match

question 85

Multiple Choice

The pace at which production should take place to match the rate of customer demand is known as

• A)product flow time.
• B)jidoka time.
• C)kanban time.
• D)takt time.

---

Definitions:

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Collection Period

The time frame it takes for a business to convert its credit sales into cash, reflecting how efficient a company is at collecting accounts receivable.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time. It is used to evaluate the profitability of an investment or project.

Default Rate

The proportion of loans or debt instruments that are not repaid as agreed, leading to default, within a specific period.