Match the Term with Its Definition

question 129

Multiple Choice

Match the term with its definition. Some terms may not be used.
-Any point in the operations process where limited capacity reduces the production capability of an entire chain of activities

• A)Acceptance sampling
• B)Attributes
• C)Bottleneck
• D)Constraint
• E)Inspection
• F)ISO 9000
• G)Operations
• H)Operations management
• I)Poka-yoke
• J)Quality
• K)Total quality management
• L)Variables

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Definitions:

Real Exchange Rate

The rate at which two currencies can be exchanged, adjusted for their countries' respective inflation rates, to purchase an equivalent quantity of goods and services.

Foreign Assets

Investments including securities and properties owned by a country or individual in foreign countries.

Quantity Of Dollars

The quantity of dollars refers to the total amount of U.S. currency circulating within the economy, including physical cash and bank deposits.

Loanable Funds Demanded

The total amount of loans that borrowers are willing to take at a given interest rate, over a certain period.