Please complete the following:
1) Watch this video (Links to an external site.) related to the production of vehicles by Ford. Please note: The video would not play for me using Chrome, but it did work when I used Firefox as my browser.
2) Answer the following questions:
a) Give one example of each of the following.
Direct Materials used by Ford
Direct Labor used by Ford
Overhead used by Ford
b) Based on the video, do you think Ford uses a just-in-time inventory system? Why or why not?