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متابعة

Which of the following is not a correct comparison of a just-in-time system with a traditional system?

Traditional                                  Just-in-Time

A. Longer lead times                    Shorter lead times

B. Inventory is an asset            Inventory is a liability

C. Some scrap tolerated           Zero defects desired

D. Lot size based on immediate need     Lot size based on formulas

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تاريخ النشر: 2015/02/22
Lesley Lanag CMA CPA
من قبل Lesley Lanag CMA CPA , Senior Accountant , Takaful Emarat Insurance (P.S.C)

Answer : D

In traditional system (MRP), inventory level is computed based on budgeted sales and production; whereas in JIT, a push-system, inventory is only purchased when a sales order is placed by customer.

Sara Naeem
من قبل Sara Naeem , Trainee Finance officer , Wah Brass Mill

Agree with Miss Lesley Lanag.

imran Noor -
من قبل imran Noor - , Audit Officer , Auditor General of Pakistan

The correct option is >>>>>>>>>>>>>>>>>>>(D)

Ahsan Iqbal
من قبل Ahsan Iqbal , Audit Senior , AABS

D. Lot size based on immediate need     Lot size based on formulas

Mobeen Tahir
من قبل Mobeen Tahir , Credit Officer , Tawuniya Insurance

Option D is the correct answer of this question.

Assem Al Tamimi
من قبل Assem Al Tamimi , Head of Supply Planning , Al Fakher

D - Just-in-time system uses exact lot quantities as per needs only !

AZHAR NAWAZ
من قبل AZHAR NAWAZ , Assistant Manager Accounts , Quantum Geoservices (Pvt) Ltd

Its is option B.............

Ahmed kandil
من قبل Ahmed kandil , Cost Controller , Battour Holding Cpompany

Answer D is the correct answer thank you for your invitation

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
من قبل VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option (D)

Details: As opined by Ms. Lesley Lenag.  Good explanation.