1.One of the requirements for a JIT system to be successful is:a.cyclical production b. adequate inventory stock c. coupling it with job order costing d.high quality and balanced work loads e. all of the above
2. All of the following are terms used to describe the JIT effort to reduce inventories of work in process and raw materials, except: a.back flush production b.stock less production c.lean production d. zip production e.none of the above are appropriate terms
3. The JIT production ideal is a batch size of:a.one hundred b.ten c.one d.zero e.none of the above
4. The objective of reducing inventory to zero is possible if all of the following conditions are present,except:a.low or insignificant setup costs b. minimum lead times. long setup times d. balanced and level work loads e. no interruptions due to stock outs
5. The continuing reduction of inventories is achieved by all of the following steps except:
a. Inventories are reduced until a problem is discovered
b. Once the problem is defined the inventory level is increased to keep the system operating smoothly
c. The problem is analyzed and practical ways are identified to reduce it
d. Once the problem is removed, the inventory level is increased until another problem is discovered
e. All of the above steps are required