Which of the Following Statements About NC and CNC Systems

question 1

Multiple Choice

Which of the following statements about NC and CNC systems is best?

• A) The NC machines were first developed in the early 1960s in Japan.
• B) NC machines are small tools programmed to produce large batches of simple parts.
• C) CNC systems are newer NC models that are controlled by their own minicomputer.
• D) NC machines are large machine tools best suited to produce large batches of intricate parts.

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Definitions:

Free-Rider Problem

A situation where some individuals consume more than their fair share of a public resource, or shoulder less of the cost of its production, benefiting from it without paying for it.

Social Benefits

The total gains that accrue to society from an economic transaction or policy, encompassing both direct and indirect effects.

Pollution

The contamination of the natural environment, leading to adverse effects on ecosystems, human health, and quality of life.

Market Demand Curve

A graphical representation that shows the relationship between the price of a good or service and the total quantity demanded by all consumers in the market.