Implementing a computer application to reduce non-value added paperwork and improve inventory tracking would result most directly from
A) Kaizen costing
B) Value chain analysis
C) Target costing
D) Life cycle budgeting

Question

Quizplus · Accepted Answer

Value chain analysis focuses on identifying and optimizing the steps in the production process to add value to the customer while reducing costs, which directly relates to improving inventory tracking and reducing non-value added paperwork.

Implementing a Computer Application to Reduce Non-Value Added Paperwork and Improve