APICS Related Exams
CPIM-ECO Exam
Which of the following costing methods shows the greatest apparent profit in a time of inflation?
A work center has one machine that is operated for one shift per day. The shop runs an 8-hour shift 5 days per week. Machine utilization has been 60% with efficiency at 80%. A routing through this work center has a standard run time of .10 hours per piece. Job number 1234 is for 200 pieces. If the utilization is improved to 80%, the difference in calculated lead time for the job is how many days?
What management approach is based on the participation of all members of an organization in improving processes, and culture in which they work?