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NEW QUESTION 44
A lean manufacturing technique in which the transformation of materials is traced from beginning to end to determine if there is waste in the process is called:

A. Customized stream mappingB. Value stream mappingC. Fair market value mappingD. State map technique

Answer: B

 

NEW QUESTION 45
What refers to the set of electronic tools used by world-class organizations to generate,
process, transfer, interpret and use information?

A. Trend technologyB. Information transmittalC. Information retrieval systemD. Information technology

Answer: D

 

NEW QUESTION 46
The process of coordinating the organization, planning, scheduling, controlling, monitoring and evaluating of activities so that the objectives of a project are met is known as:

A. Project Life cycleB. Project ExecutiveC. Project OrganizationD. Project Management

Answer: D

 

NEW QUESTION 47
According
to the supply management, one of the most useful ways to develop is to begin with an inventory report listing all items in descending order of dollar spent.

A. ABC classificationB. Slope classificationC. Top-down classificationD. Gradient classification

Answer: A

 

NEW QUESTION 48
The inventory reporting measures format is typically presented
in which
of the following way?

A. inventory turnoverB. All of the aboveC. average aggregate inventoryD. weeks of supply

Answer: B

 

NEW QUESTION 49
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