Examlex
Which of the following statements is best about flow manufacturing?
I. Work stations are located in the sequence needed to make the product.
II. Work flows at a relatively constant rate.
III. They can produce a wide variety of different products.
IV. There is little buildup of inventory.
Quota
A fixed share or a specific quantitative limit of something that one is entitled to or is required to contribute or receive.
Percent Rate
The rate of a quantity in relation to 100; often used to describe the rate of interest, inflation, or growth.
Base
In financial terms, it often refers to the main or initial value from which adjustments, like interest or dividends, are calculated.
Cent
A monetary unit in various countries, equal to one hundredth of a dollar, euro, or other decimal currency unit.
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