If a Company Strongly Prefers That Its Aggregate Output Plan

question 35

Multiple Choice

If a company strongly prefers that its aggregate output plan be closer to a level plan than a chase plan,this implies that it is concerned about minimizing:

• A)Inventory carrying costs.
• B)Hiring and layoff costs.
• C)Cost of quality defects.
• D)Lost sales costs.

Recognize strategies and philosophies for adapting to and managing change in organizations.

Identify the elements that contribute to building trust within and outside an organization.

Grasp the impact of ergonomics, management disciplines, and federal regulations on organizational effectiveness.

Comprehend the concept of organizational systems and their inputs, throughputs, and outputs.

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Definitions:

Units

A measurement or quantity of something considered as a standard measure, in business often referring to a single item of a product.

Planning Budget

A budget prepared for a particular level of activity, often used as a benchmark for evaluating actual performance.

Selling

The process of promoting and transferring goods or services to the customer in exchange for payment.

Administrative Expenses

Costs related to the general management and administration of a business, such as office salaries and utilities.