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The Higher the Output Per Labor Hour Ratio, the Less

question 95

True/False

The higher the output per labor hour ratio, the less efficient the operating system.


Definitions:

Operating Lease

Usually a shorter-term lease where the lessor is responsible for insurance, taxes, and upkeep. Often cancellable on short notice.

Sale And Leaseback

A financial lease in which the lessee sells an asset to the lessor and then leases it back.

Maintenance

The routine care and servicing by personnel for the purpose of maintaining equipment or facilities in satisfactory operating condition.

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