Other questions in this quiz

2. What does Just in Time production depend upon?

  • reliable suppliers
  • advertising
  • cash flow

3. Which is a consequence of having too little stock?

  • a business may be unable to cope with an unexpected order
  • high storage costs
  • money is tied up in stock
  • staff may be demotivated

4. What is piece rate?

  • employees are paid by the number of items they produce
  • stock arrives just in time for production
  • all work is done by machinery

5. What is decentralised stock storage?

  • When stock arrives just in time for production
  • Stock is held in different areas
  • The point at which new stock should be ordered
  • a meeting of a small group of workers to discuss how the production process could be improved

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