The Benefits of Automated Storage and Retrieval Systems (AS/RS)include All

question 26

Multiple Choice

The benefits of automated storage and retrieval systems (AS/RS) include all of the following EXCEPT:

• A)Fewer errors in order picking.
• B)Increased facility utilization.
• C)Lower direct labor costs.
• D)Lower fixed costs.

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Definitions:

UCC

A thorough set of legal guidelines for the governance of commercial transactions in the United States is provided by the Uniform Commercial Code.

Clearinghouse Procedure

A process handled by a clearinghouse, which acts as an intermediary between buyers and sellers in financial markets, ensuring the smooth execution of transactions.

Drawer Liability

Drawer liability pertains to the legal responsibility of the person who writes or signs a check or draft to ensure the availability of sufficient funds in the account for the amount specified for payment.

Wrongfully Dishonored

Refers to a situation where a financial institution unjustifiably refuses to pay or accept a negotiable instrument when properly presented.