Question 21: The just-in-time (JIT) system is a(n): Question 23: A sales and operations plan for a service firm is: a staffing plan. a process plan. a marketing plan. a production plan. A C A B Question 22: The project's objective statement should contain: A slack time and activities. B scope, time frame, and allocated resources. C strengths and weaknesses of subcontractors. activities, completion times, and incentives. D B D C D A B C D management system of people and procedures to fulfil all delivery deadlines. production system of small-lot manufacturing to reduce work-in-process inventory. materials management system for removing all inventories. integrated system of managing resources, information, and decision processes to eliminate waste. QN 21 A B C D Question 24: Which of the following is not an example of dependent demand items? shoelaces, shoes wheels, car carafes, coffeemakers ice skates, roller skates 9724 Question 25: Which one of the following statements about break-even analysis for evaluating products or services is true? GN 22 9423 The break-even quantity will tend to increase as the variable cost per unit of production decreases. As sales increase beyond the break-even quantity, total before-tax profits tend to decrease. A restaurant's opening of downsized facilities with only drive-through service is an example of lowering fixed costs and the break-even quantity. Increasing the unit selling price has the effect of increasing the break-even GN 25 quantity