Which of These Statements About Materials-Handling Is Best

question 27

Multiple Choice

Which of these statements about materials-handling is best?

• A) Materials-handling automation is always justifiable.
• B) Moving, handling, and storing materials add value to the product if done correctly.
• C) Materials-handling is not a concern in a service operation.
• D) Moving, handling, and storing materials take time.

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Definitions:

Economic Booms

Periods of rapid economic growth and expansion, characterized by increased production, employment, and consumer spending.

Quantity of Money

The complete encompassment of monetary resources in an economy at a given time.

Cost of Living

An economic concept that estimates the amount needed to cover basic expenses in a particular place and time period.

Future Income

Expected earnings or revenue streams in the coming periods, often factored into financial planning and investment decisions.