JIT stands for(A) Just in time purchase(B) Just in time production(C) Just in time use of materials(D) Just in time order the material

True or false?  Bin shelving is one of the new methodologies and not preferred for small parts order picking.

Input techniques, such as batching and real-time processing, need specifications. Describe one way in which source data collection might be made more mechanically efficient.

3-44 CVP analysis. The Germa company produces two products, Spick and Span, on one machine. Spick and Span cannot be made simultaneously. There is no time required to adjust the machine when switching from one product to the other. One unit of Spick requires 2 machine hours to produce, whereas one unit of Span requires 4 hours. The normal occupation of the machine is 6,000 hours per year. The fixed costs of the machine are $120,000 annually. One unit of Spick needs 2 kg of material A, whereas one unit of Span requires 3 kg. The budgeted price for 1 kg of material A is $4. The sales costs consist only of fixed costs, which are budgeted at $40,000 a year. The allocated fixed sales costs per product are $20. 1. Calculate the cost per product for Spick and Span. The selling price for Spick is $70 and for Span it is $120. 2. Calculate the breakeven revenue when 50% of the units sold are Spick and 50% are Span. 3. When material shortage causes a bottleneck, which product should be produced…