Complete the Following Using the Terms Listed

Multiple Choice

Complete the following using the terms listed.
-______ is the function requiring production and operations managers to balance the need to keep stock on hand to meet demand against the costs of carrying inventory.

A) process layout
B) LEED certification
C) Gantt chart
D) PERT chart
E) Inventory control
F) ISO
G) critical path
H) Computer-integrated manufacturing
I) Utility
J) perpetual inventory
K) Materials requirement planning
L) standardization
M) Routing
N) assembly line
O) robot
P) just-in-time
Q) benchmarking
R) synthetic production system
S) make,buy,or lease decision