Jones Company Has a Make to Order Orientation

question 44

Multiple Choice

Jones Company has a make to order orientation.It most likely does NOT use:

• A)Continuous process structure.
• B)Cellular manufacturing process structure.
• C)Job shop process structure.
• D)Batch process structure.

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Definitions:

Perfectly Competitive Market

A theoretical market structure where many buyers and sellers trade homogeneous products, and no single participant can influence the price.

Marginal Costs

The price increase resulting from the creation of an additional product or service unit.

Average Variable Costs

The total variable costs divided by the quantity of output produced, representing the variable cost per unit of output.

Marginal Revenue

Marginal Revenue is the additional income generated from selling one more unit of a good or service.