11) Rapid, meaningful feedback is critical because the lack of inventories in a demand-pull system makes it urgent for managers to detect and solve problems in a time-efficient manner. 12) How does an...

11) Rapid, meaningful feedback is critical because the lack of inventories in a demand-pull system makes it urgent for managers to detect and solve problems in a time-efficient manner.

12) How does an increase in demand of a product or service affect the production process?

13) How do managers use enterprise resource planning to collect data? What are the benefits of this system?

14) What is a benefit of lean accounting compared to traditional product costing?

15) What is the effect of JIT systems on product costing?