Which of the Following Statements Is Most Accurate

question 228

Multiple Choice

Which of the following statements is most accurate?

• A) Most manufacturing firms are turning to an assembly line layout to produce output as efficiently as possible.
• B) For service firms, the main objective in facility layout usually is to centralize the control of operations.
• C) Facility layout is important for manufacturing plants because facilities layout decisions can have a huge impact on the firm's costs.
• D) In a modular layout, workers are assigned a specific station along an assembly line and specialize in performing a specific task.

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Definitions:

Common Shares

Equity investments that represent a unit of ownership in a corporation and give shareholders voting rights and dividends.

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set, giving more weight to some numbers than others.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the company's balance sheet.

Balance Sheet

A financial statement that provides a snapshot of a company's financial position at a specific point in time, showing assets, liabilities, and equity.