Which of the Following Is a Difference Between Flow Shops

question 28

Multiple Choice

Which of the following is a difference between flow shops and job shops

• A) Unlike flow shops, job shops require little or no setup time.
• B) Unlike flow shops, job shops are organized around a fixed sequence of process steps.
• C) Unlike flow shops, job shops require frequent machine changeovers and delays.
• D) Unlike flow shops, job shops produce many large-volume goods and services.

---

Definitions:

Market Price

The current price at which an asset or service can be bought or sold in the market.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, usually with dividends that are paid out before those to common stockholders.

Basic Earnings Per Share

A calculation that shows a company's profitability per share of stock by dividing net income by the weighted average number of common shares outstanding.

Weighted Average

Weighted average is a calculation that takes into account the varying degrees of importance of the numbers in a data set, used in accounting for inventory cost.