CIPS Exam L4M7 Topic 12 Question 38 Discussion

Actual exam question for CIPS's L4M7 exam

Question #: 38
Topic #: 12

[All L4M7 Questions]

Which of the following is the Japanese word for 'billboard' or 'signboard'?

AMuda

BKaizen

CPoka-Yoke

DKanban

Show Suggested Answer

Suggested Answer: D

In management accounting, reorder level (or reorder point) is the inventory level at which a com-pany would place a new order or start a new manufacturing run.

Reorder level depends on a company's work-order lead time and its demand during that time and whether the company maintain a safety stock.

If a company maintains a safety stock, reorder level calculation changes are follows:

Reorder Level = Average Demand Lead Time + Safety Stock

LO 2, AC 2.3

by Mitsue at Jun 29, 2024, 10:01 PM

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Dorian

4 days ago

D) Kanban seems like the correct answer here. It's a Japanese term related to visual management, which includes signboards and billboards.

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Mattie

18 days ago

I'm not sure, but I think it's C) Poka-Yoke.

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Edelmira

20 days ago

I agree with My, Kanban is the Japanese word for 'billboard' or 'signboard'.

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My

22 days ago

I think the answer is D) Kanban.

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