This week, we are focusing in on the production/inventory cycle. This cycle incorporates a lot of the concepts you learned in managerial and cost accounting. I want you to find a term or control within this process. I want you to explain to the class what the term/control/process is. Then I want you to provide an example of it (preferably with a real company.)

Make sure the subject line has term/control listed first and then your name. This makes it easier for others to search and make sure your discussion topic is unique. No duplicates, you will not get credit for it. For your response, I would like you to provide another example to someone else term/control. (On a previous discussion board, several students lost points for posting duplicate terms.)