BANK SEBI Grade A Phase 1 & Phase 2 Mock Test 2024 Accounting and Auditing Cost and Management Accounting
Which of the following statements accurately describes the principles and benefits of Cellular Manufacturing and One-Piece Flow Production Systems?
- Cellular Manufacturing organizes workstations in a U-shape to minimize movement and improve communication.
- One-piece flow ensures that each product is moved to the next stage of production only when the previous stage is completed, significantly reducing work-in-progress inventory.
- These systems often lead to increased batch sizes to optimize machine utilization and reduce setup times.
1
Only 1
2
1 and 2
3
Only 2
4
2 and 3
5
1, 2, and 3