Question 1
A system that emphasizes lean production techniques, low quantities of inventory, and close coordination among production workstations is called ________.
◦ Economic order quantity production
◦ Just-in-time production
◦ Materials requirements planning production
◦ Push-through system
Question 2
The management accountant aids in MRP by ________.
◦ doing journal entries as requested
◦ preparing plant appropriation requests
◦ maintaining accurate records of inventory and its costs
◦ contacting vendors to make sure they can deliver the materials in time