Total quality management and just-in-time manufacturing focus on quality improvement as well as on time customer deliveries.
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Q18: Just-in-time manufacturing is a system that acquires
Q19: Control is the process of monitoring planning
Q20: Costs are important to managers because they
Q21: Variable costs per unit change in proportion
Q22: Direct materials are not easily traced to
Q24: Period costs can refer to expenditures necessary
Q25: Product costs are capitalized as inventory on
Q26: Period costs are incurred by purchasing merchandise
Q27: Direct costs are incurred for the benefit
Q28: Costs may be classified by many different
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