________ Refers to Forces Resulting from the Practical Application of Science

question 90

Multiple Choice

________ refers to forces resulting from the practical application of science to innovations,products,and processes.

• A) Social trends
• B) Research and development
• C) Barriers to entry
• D) Technological environment
• E) Business mindset

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Definitions:

Capacity

The maximum level of output that a facility, system, or machine can produce under specific conditions over a given period.

Load Smoothing

A strategy to balance workload or production levels to minimize peaks and troughs, ensuring consistent use of resources over time.

Bill of Material

An all-encompassing register of foundational materials, pieces, and recipes necessary for erecting, generating, or fixing a product or service.

Lead Time

The time interval from initiating a process to its completion, often critical in manufacturing, supply chain management, and project planning.