Question 41

An income statement of a company is as follows:

If through a well-organized materials management department direct materials can be reduced by 10% and direct labor by 5% the improvements in profits would be:
  • Question 42

    What uses standardization parts for flexibility and variety?
  • Question 43

    The objective of the MRP is to have:
  • Question 44

    To satisfy the financial auditors that the inventory records represent the value of the inventory, this is the purpose of:
  • Question 45

    The plan must be checked against available capacity when needed to make the components is called the process of