Chapter 7 Flashcards
A master production schedule is used to develop detailed
Timetables of daily production and determine raw materials needs
Which of the following is not a product design objective
Make the design easy to track for cost accounting purposes
The document that authorizes the transfer of raw materials from the storeroom to the production floor is referred to as
A materials requisition
Using technology such as robots and computer controlled machinery to shift from mass production to customer order manufacturing is referred to as
Computer integrated manufacturing CIM
Over production or under production can be a threat to an organization. To which process or activity does this threat relate
Planning and scheduling
Dolly Salem owns and operates a baker in Charlestown South Carolina. She maintains file that lists the recipes that list the ingredients used to make her famous cakes and cookies. These recipes are examples of an
Bill of materials
Dolly Salem owns and operates a baker in Charlestown South Carolina. She maintains a file that lists the sequence of procedures required to make each of her famous cakes and cookies. These INSTRUCTIONS are examples of an
Operations list
Dolly Salem owns and operates a baker in Charlestown South Carolina. Each morning she prepares a list that describes the quantity and variety of cakes and cookies that will be prepared during the day. This is an example of an
Production order
Dolly Salem owns and operates a baker in Charlestown South Carolina. Each afternoon she prepared a shopping list that describes the quantity and variety of ingredients that she will purchase in the evening from a local food wholesaler. This shopping list is an example of an
Materials requisition
Which of the following is not a benefit of activity based costing
Lower cost