Ralph Operates a Computer-Controlled Machine

question 70

Multiple Choice

Ralph operates a computer-controlled machine.His jobs can be either large or small.To change the set up from one product to another usually requires only a change in programming.This type of manufacturing is known as:

• A)continuous manufacturing.
• B)flexible manufacturing.
• C)project manufacturing.
• D)repetitive manufacturing.

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Definitions:

Pay Dividends

The act of distributing a portion of a company's profits to its shareholders at intervals, typically quarterly or annually.

Stockholders

Individuals or entities that own shares in a corporation, giving them certain rights such as voting on corporate matters.

Transaction Costs

Expenses incurred when buying or selling goods and services, such as fees and commissions.

Tailoring

Adjusting financial strategies or models to address specific needs or circumstances of a business or investment.