Batch production - Study guides, Class notes & Summaries

Which of the following are among the MOST important elements of the lean production philosophy? a. Quality inspections and a standardized product line b. Fully automated assembly lines and a large supplier base c. Large inventories and quality inspections d. Waste reduction and continuous improvement - Waste reduction and continuous improvement Which of the following is NOT one of the Seven Wastes? a. Excess inventory b. Environmental waste c. Waiting d. Scrap and rework - Environment...

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

***Make a flow chart to show how you would calculate the affect of a factor on bacterial growth using serial dilutions and agar plating - ️️set up series of cultures identical in every way EXCEPT for factor you are investigating e.g., temperature, presence of a nutrient or antibiotic etc>culture for several days>for each culture carry out a serial dilution>plate each dilution, making streaks on agar plate with sterile inoculating loop and label carefully to show which original cult...

Vertical Integration - correct answerswhen a company owns multiple assets in a supply chain Backward Vertical Integration - correct answersOwns the supplier to make the products themselves Forward Vertical Integration - correct answersOwns the retail stores to sell the products themselves A mattress manufacturer holds many patents on their mattress because they are specially constructed out of unique materials. This leads the manufacturer to open retail stores in high-traffic areas to i...

CISA Questions and Answers Latest Version with Complete and Accurate Solutions **Enterprise Resource Planning (ERP) A packaged business software system that allows an organization to automate and integrate the majority of its business processes, share common data and practices across the entire organiztion, and produce and access information in a real-time environment. Examples of ERP include SAP, Oracle Financials and J.K. Edwards. **Indemnity clause a contractual transfer of risk ...

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

AQA A-level ACCOUNTING Paper 2 Accounting for analysis and decision-making Tuesday 6 June 2023 Morning Time allowed: 3 hours Materials For this paper you must have: • a calculator. Instructions • Use black ink or black ball-point pen. • Fill in the boxes at the top of this page. • Answer all questions. • You must answer the questions in the spaces provided. Do not write outside the box around each page or on blank pages. • If you need extra space for your a...

Technology Education Certification Practice Questions with Certified Solutions Raw extraction and harvesting are examples of what? Preprocessing In the management and planning of preprocessing there are five steps. What are they? Design, forecasting, processing planning, select & sequence operations What part of the processing has a purpose that is to minimise production time and costs, efficiently organise the use of resources and maximise efficiency in the workplace? Production...

If the chance that any one of five telephone lines is busy at any instant is 0.01, then what is the probability that all the lines are busy? A. (0.01)^4 B. (0.01)^5 C. (0.01)^6 D. (0.01)^10 - ANSWER-B. (0.01)^5 N = 5, p = 0.01, x = 5 Apply Standard formula for Binomial Distribution. Thus, option b is the correct answer. Who should complete the control phase after the successful completion and implementation of the first four phases of DMAIC? A. The green belt alone; the proj...

SCMN 2150 Test 2 Questions and Answers with Verified Solutions What is procurement? The purchase of merchandise or services at the optimum possible total cost in the correct amount and quality. How does procurement differ from strategic sourcing and supply management? Procurement is buying the merchandise or services while SS tries to improve the buying process and SM is setting up in order to attain what it needs. What is strategic sourcing? The process of analyzing an organization...