Batch quantity - Study guides, Class notes & Summaries

A company decides and makes plans to enter into a new market. Which project life cycle phase does this strategy directly relate to? Feasibility analysis Planning Conception Execution Conception A company is experiencing an unusual amount of deliveries that are either late or an incorrect quantity. Which type of system is used to identify and manage this type of problem? ERP (enterprise resource planning) CRP (capacity requirements planning) FMS (flexible manufacturing system) MRP (mat...

CIPS L4M1 - Key Phrases questions well answered graded A+ 2024/2025artificial intelligence - correct answer Machines that display human-like intelligence Assets - correct answer resources owned by a business audit - correct answer A systematic inspection of a process or procedure to assess compliance with requirements or regulations Batch Quantity - correct answer Amount of products produced at a time benchmark - correct answer Compare an element of one business, such as price, ...

the production budget - ANS Sales budget + ending finished goods inventory - beginning finished goods inventory direct materials production budget - ANS Production budget × direct materials per unit the direct materials purchases budget - ANS Direct materials production budget + ending direct materials inventory - beginning direct materials inventory Cash collected from customers - ANS (current period revenue × current period collection rate) + cash collected from previous per...

Productivity - Answer output measured against the inputs used to create it. Buffer Inventory Level - Answer inventory held to deal with uncertainty in customer demand and deliveries of supplies. Lean Production - Answer techniques used by businesses to cut down on waste and therefore increase efficiency. Kaizen - Answer Japanese term meaning "continuous improvement" through the elimination of waste. Just-in-time (JIT) - Answer production method that involves reducing or v...

SANS 410 Questions And Answers With Latest Study Solutions A device, or set of devices, that manages, commands, directs, or regulates the behavior of other devices or systems. ANS Industrial Control System (ICS) Reliability, efficiency, safety, and ease of use. ANS ICS technology drivers A process where a specified quantity of material moves as a unit between workstations and each unit maintains it's unique identity. ANS Discrete Process A process that requires the mixing of raw ...

Artificial Intelligence (AI) - ANS Machines that display human-like intelligence Assets - ANS The value of everything an organization owns Audit - ANS A systematic inspection of a process or procedure to assess compliance with requirements or regulations Batch Quantity - ANS Amount of products produced at a time Benchmark - ANS Compare an element of one business, such as price, quality or service, against another Bid - ANS Offer of a price, may be a response to an invi...

Test Bank for Management and Cost Accounting 11e, 11th Edition by Colin Drury, Mike Tayles ISBN-13: 3615 Full Chapters test bank included Part 1: Introduction to Management and Cost Accounting Chapter 1: Introduction to Management Accounting The Users of Accounting Information Differences between Management Accounting and Financial Accounting The Decision-Making, Planning and Control Process The Impact of the Changing Business Environment on Management Accounting Focus on Customer ...

MNB1601 SUMMARY STYDY NOTES 2022. OPERATIONS MANAGEMENT The operations function is that function of the business aimed at executing the transformation process. The importance of operations management:  It can reduce the cost of making products or offering services  It can increase the revenue the business receives for offering its products and services to its customers/clients  It can reduce the amount of investment (capital) needed to manufacture the type and quantity of produc...

CPA MANAGEMENT ACCOUNTING CERTIFIED PUBLIC ACCOUNTANTS PART 1 SECTION 2 A + latest updated version . MANAGEMENT ACCOUNTING GENERAL OBJECTIVE This paper is intended to equip the candidate with knowledge, skills and attitudes that will enable him/her to apply management accounting principles and concepts in business LEARNING OUTCOMES A candidate who passes this paper should be able to: - Estimate the cost of goods and services - Analyse product costs for manufacturing and non-manufacturi...

How is the process of steel corrosion ALWAYS described? - Answer-electrochemical Based on the galvanic series presented in the NACE CIP Level 1 Manual, which three can be used effectively as galvanic anodes for carbon steel? - Answer-zinc, aluminum, magnesium A decrease in temperature will generally cause the corrosion rate to _____ - Answer-decrease The electrolyte is a medium which carries the following type of current? - Answer-Ionic Corrosion occurring uniformly across a surface is call...