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Exam 12: Lean Principles, Lean Accounting, and Activity Analysis

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Question 41

Multiple Choice

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Which of the following results in long lead time?

A) long setup times
B) large batch sizes
C) large inventories
D) all of the above

E) None of the above
F) B) and C)

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Question 42

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Push manufacturing is also referred to as make-to-order processing.

A) True
B) False

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Question 43

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Identity the following by their type of quality cost. -Operator training

In a lean system, indirect labor is traced directly to product cells.

From the above schedule, calculate the a prevention and b appraisal costs.

manufacturing philosophy emphasizes quality and zero defects.

Axelgold Company produces parts for the auto industry.Part X2 is machined in Department #1, which has the following budgeted conversion costs: All costs are driven by machine hours.Total possible hours for the year are 2,800.It takes .03 hours to machine one unit of Part X2. a Compute Department #1's budgeted cell conversion cost rate for the current year.Round to the nearest cent. b Compute Part X2's budgeted cell conversion cost per unit.Round to the nearest cent.

Identify the following quality control activities as either value-added or non-value-added. -Preventive machine maintenance

Large batch sizes increase lead time.

Identity the following by their type of quality cost. -Recalls

A nonfinancial measure is operating information that has not been translated into dollars.

Set up time is disregarded as an improvement priority under the manufacturing concept.

Lean manufacturing is also called make-to-stock manufacturing.

From the foregoing information, determine the budgeted cell conversion cost per unit.

In a lean environment, process problems are more visible than they are in a traditional environment.

Identify the following quality control activities as either value-added or non-value-added. -Finished goods inspection

Which of the following are features of the lean manufacturing system? a maintaining excess inventory to ensure that products will always be available b cross training of employees c giving employees additional authority and responsibility d product-oriented layout e increased set-up time

Lead time reduction can be a cost-saving goal for any processed item.

In the lean principles philosophy, unexpected downtime is the result of unreliable processes.

Identify the following quality control activities as either value-added or non-value-added. -Rework