Keep ____________ inventory levels. Practice _____ production. Work cells allow quick setup and ______________. A multiskilled work force allows one worker to perform a _____ of tasks. _________ is incorporated into ongoing operations for high levels of product quality. Continuous JIT operations require effective ____ maintenance. The JIT environment fosters workers' initiative and continuous improvement of ____ processes. A JIT operating environment changes the way costs are ______ and assigned. Traditionally, production processes were divided into five time frames: _______ time _______ time _______ time _______ time _______ time In a JIT environment: Managers focus on _____ time. Several costs that ore treated as ____ costs in a traditional environment are treated as ____ costs of a JIT work cell. A JIT Operating environment simplifies cost flows through the _____ system. Direct labor and overhead can be combined into a single category of _____ costs. Because materials are delivered as needed, going straight to work cells, the _____ Inventory account can be eliminated. Backflush cosling saves ____ and cuts ______ costing eliminates the need to make journal entries during the period to track cost flows through the production process. Direct materials and conversion costs are immediately charged to ____ Sold. ___ and ____ inventory are determined and "backflushed" at the end of the period. Organizations that adhere to ____ improvement constantly seek improved quality and lower cost through better methods, products, services, processes, or resources. ____ management (TQM) uses information about the cost of quality to improve products, services and the work environment. Managers use information about the costs of quality to: Relate their organization's ____ plan to its daily operating activities. Stimulate improvement by sharing this information with all ______. Identify opportunities for _____ costs and ____ dissatisfaction. Determine the costs of ____ relative to net ____. The ______ (TOC) acknowledges that there are limiting factors or bottlenecks that occur during any production process that must be identified and targeted for improvement. Both ABM and lean operations seek to eliminate ______. reduce _____ -adding activities. and improve _____ of resources. The two systems differ in their methods of costing and cost assignment: ABM uses cost ___ to assign indirect costs. The ____ costs incurred in a JIT work cell become direct costs of the products made in that cell. ABM uses _____ or ___ costing to calculate product costs. Lean may use _____ costing