The typical functions of the production and conversion includes
A)cash payments for raw materials purchased.
B)inventory planning and control.
C)purchase requisitioning and purchase ordering for inventory.
D)receiving of inventory shipments from vendors.

Question

Quizplus · Accepted Answer

The typical functions of the production and conversion process include inventory planning and control, as it is important to monitor the availability of raw materials, work-in-progress, and finished goods to ensure that production goals are met and waste is minimized. The other options listed are more focused on the procurement process, which is one of the components of the production process but does not encompass all of its functions.

The Typical Functions of the Production and Conversion Includes