Producing a Bill of Materials Is a Business Process in Which

question 78

Multiple Choice

Producing a bill of materials is a business process in which of the following functional areas?

• A)Finance and accounting
• B)Human resources
• C)Manufacturing and production
• D)Research and development
• E)Sales and marketing

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Definitions:

Design

This involves creating a plan or convention for the construction of an object, system, or measurable human interaction, taking into account aesthetic, functional, and many other considerations.

Non-Value-Added Activities

Non-value-added activities are processes or endeavors that do not contribute to the customer's perceived value of a product or service, often targeted for elimination in efficiency efforts.

Time Drivers

Factors that measure the amount of time required to perform an activity, often used to allocate costs in various accounting methods.

Inventory Management

The administration of overseeing the ordering, storing, and using a company's inventory.