Production Systems – NBC Institute

MI – Nov 2015 – L1 – SA – Q4 – Accounting for Cost Elements

Identifies a reason why an organization may not hold inventory.

Question

An organisation may NOT hold inventory in order to:
A. Meet regular demands
B. Even out seasonal variation in demand
C. Act as buffer when higher demand is expected
D. Meet technical requirements of a production system
E. Take advantage of bulk purchase discounts

Answer

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Tags: Inventory, Production Systems, Stock Management
Level: Level 1

Topic: Accounting for Cost Elements
Series: NOV 2015

MI – May 2024 – L1 – SA – Q4 – Costing Methods

Identifies an aspect that is NOT a practical implication of Just-In-Time production.

Question

Which of the following is NOT a practical implication of Just-In-Time production? A. Production times must be very fast
B. Production must be reliable
C. Factory layout must not change to reduce movement
D. Deliveries from suppliers must be reliable
E. There must be full employee involvement

Answer

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Topic: Costing Methods
Series: MAY 2024

MI – Nov 2015 – L1 – SA – Q4 – Accounting for Cost Elements

Identifies a reason why an organization may not hold inventory.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Inventory, Production Systems, Stock Management
Level: Level 1

Topic: Accounting for Cost Elements
Series: NOV 2015

MI – May 2024 – L1 – SA – Q4 – Costing Methods

Identifies an aspect that is NOT a practical implication of Just-In-Time production.

Question

Answer

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Topic: Costing Methods
Series: MAY 2024

Question Tag: Production Systems

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MI – Nov 2015 – L1 – SA – Q4 – Accounting for Cost Elements

Identifies a reason why an organization may not hold inventory.

MI – May 2024 – L1 – SA – Q4 – Costing Methods

Identifies an aspect that is NOT a practical implication of Just-In-Time production.

MI – Nov 2015 – L1 – SA – Q4 – Accounting for Cost Elements

Identifies a reason why an organization may not hold inventory.

MI – May 2024 – L1 – SA – Q4 – Costing Methods

Identifies an aspect that is NOT a practical implication of Just-In-Time production.

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MI – Nov 2015 – L1 – SA – Q4 – Accounting for Cost Elements

Identifies a reason why an organization may not hold inventory.

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MI – May 2024 – L1 – SA – Q4 – Costing Methods

Identifies an aspect that is NOT a practical implication of Just-In-Time production.

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MI – Nov 2015 – L1 – SA – Q4 – Accounting for Cost Elements

Identifies a reason why an organization may not hold inventory.

You're reporting an error for "MI – Nov 2015 – L1 – SA – Q4 – Accounting for Cost Elements"

MI – May 2024 – L1 – SA – Q4 – Costing Methods

Identifies an aspect that is NOT a practical implication of Just-In-Time production.

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