Which of the following statements is not appropriate to job shop production?Group of answer choicesProduct cost is normally high because of high material and labour costsCost of production is low owing to the rate of productionIn process inventory will usually be high as accurate plans and schedules is difficult to achieveMaterial handling systems are also flexible to meet changing product requirementsLabour force should be skilled enough to deal with work conditionsNext

Which of the following statements regarding inventory management for mass production is correct?Group of answer choicesIn process inventories are usually low as production scheduling can be planned and implemented on a weekly or monthly basisInventories for spare parts are usually high since production runs for significantly long time, say a few monthsKeep inventories to low level when the incoming costs are higher than plannedChange the inventory level to high when the selling prices are predicted to be higher in the next few weeksKeep the inventory level to a minimum of 60% if budget and safety allow

Answer the following questions.1. Job order and process costing procedures are used by different types of industries. Discuss theprocedure appropriate for each type

Which one of the following is not a step for  determining production capacity requirements?Group of answer choicesCalculating labor needsProjecting availability of equipmentPredicting raw material availabilityForecasting product salesProjecting machine availability

Multiple Choice QuestionIn order to be a quality organization, a firm must _______.Multiple choice question.only use the most expensive materials in productionview quality as one step in productionconfine quality measures to manufacturingconsistently produce what the customer wants

Which of the following statements is not an objective of Material Requirements Planning (MRP)?Group of answer choicesMaintain the lowest possible level of inventoryEnsure the availability of materials, components and products for planned productionPlan manufacturing activities, delivery schedules and purchasing activitiesEnsure the availability of materials, components and products for customer deliveryNegotiate with suppliers to modify material properties (e.g. tensile strength, thermal conductivity, etc.) to maximise production financial gains