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161 Match the following terms with the definitions 1. Expenditures directly associated with the manufacture of finished goods; includes direct materials and direct labor 2.
161 Match the following terms with the definitions 1. Expenditures directly associated with the manufacture of finished goods; includes direct materials and direct labor 2. Products in the process of being manufactured Raw materialis but not yet complete inventory_ inancial measures with information on the drivers or indicators of future financial performance along the four dimensions of (1) financial, (2) customer Raw materials (3) internal business processes: (4) leaming and growth. 4. The idea that employees understand the changing needs and wants of their customers and al ign their management and operating practices accordingy 5. Reveals how many times a company uses ts raw materials inventory in production during a inventory tunover period 6. A model whose goal is to eliminate waste while satisfying the customer and providing a positive Prime costs _- return to the company 7. An idea that rejects the notions of "good enough" or acceptable and challenges employees and managers to continually experiment with new and improved business practices. Customer Work in 8. Goods a company acquires to use in making products. 9. A system that only when needed 10. An activity that provides financial and Process inventory Lean business model acquires inventory and produces nonfinancial information to an organization's Managerial
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