A Plant Specializing on a Limited, Concise, Manageable Set of Products

question 1

Multiple Choice

A plant specializing on a limited, concise, manageable set of products, technologies, volumes, and markets is known as a:

• A) Focused factory
• B) 3PL
• C) Job shop
• D) Work cell

---

Definitions:

Net

Typically refers to the amount remaining after certain deductions are made, such as net income or net profit.

Variable Cost

Costs that vary directly with the level of production or sales volume, such as raw materials and direct labor.

Carrying Cost

The total cost associated with holding inventory, including storage, insurance, taxes, and potential obsolescence.