Which of the Following Statements Is NOT True About the Box

question 164

Multiple Choice

Which of the following statements is NOT true about the box scorecard?

• A)Operational, non-financial measures are only used at the department level.
• B)There is a comparison of operational, capacity, and financial metrics.
• C)The lean control approach uses a mixture of financial and non-financial measures for the value stream.
• D)A weekly product cost is reported in the box scorecard.

---

Definitions:

Long-Run Average Total Cost Curve

A graphical representation showing the lowest possible cost at which any given level of output can be produced in the long run.

Total Cost Curve

A graphical representation showing the total cost incurred by a firm in the production of goods or services at different levels of output.

Quantity

The volume of a physical or non-physical item or service.

Economies Of Scale

Economies of scale are cost advantages reaped by companies when production becomes efficient, leading to a reduction in the per-unit cost as the scale of operations increases.