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APICS BOS Vocab G,H Test

Enter the letter for the matching Answer
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1.
G&A
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2.
Gross margin
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3.
Hoshin kanri (Hoshin planning)
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4.
Hoshin
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5.
GAAP (Generally accepted accounting practices)
A.
Accounting practices that conform to conventions, rules, and procedures that have general acceptability by the accounting profession
B.
Breakthrough planning. A Japanese strategic planning process in which a company develops up to 4 vision statements that indicate where the comp. should be the next 5 years. Comp. goals and wrk plans are dev based on the vision statements.
C.
Japanese word meaning statement of objectives
D.
Total revenue - Cost of goods sold
E.
General and administrative expenses - The category of expenses on income statement that includes the costs of general managers, computer systems, research and development, and more.
Type the Answer that corresponds to the displayed Question.
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6.
Hansei
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7.
GTS
Type the Question that corresponds to the displayed Answer.
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8.
In JIT philosophy, an approach to level production through the supply chain to match the planned rate of end product sales
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9.
Manufacturing resources that can perform several kinds of operations
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10.
The total independent and dependent demand for a component before the netting of on-hand inventory and scheduled receipts
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11.
A form of inventory buildup to buffer against some event that may not happen. Hedge inventory planning involves speculation related to potential labor strikes, price increases, unsettled governments, and events that could severely impair a company.
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12.
Japanese word meaning shop floor
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13.
The responsibility of the supplier to dispose of packaging materials or environmentally sensitive materials such as heavy metals.
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14.
Japanese word for visit the shop floor to observe what is occurring

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