(Solution) - Match the descriptions that follow with the corresponding terms -(2025 Original AI-Free Solution)

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Match the descriptions that follow with the corresponding terms.
Descriptions:
1. ______ Inventory system in which goods are manufactured or purchased just as they are needed for use.
2. ______ A method of allocating overhead based on each product?s use of activities in making the product.
3. ______ Systems that are especially important to firms adopting just-in-time inventory methods.
4. ______ One part of the value chain for a manufacturing company.
5. ______ The U.S. economy is trending towards this.
6. ______A performance-measurement approach that uses both financial and nonfinancial measures, tied to company objectives, to evaluate a company?s operations in an integrated fashion.
Terms:
(a) Activity-based costing
(b) Balanced scorecard
(c) Total quality management (TQM)
(d) Research and development, and product design
(e) Service industries
(f) Just-in-time (JIT) inventory