Which of the Following Is Not One of the Major

question 63

Multiple Choice

Which of the following is not one of the major functions of shop-floor control?

• A) Measure efficiency, utilization, and productivity of manpower and machines.
• B) Assign a priority to each shop-order.
• C) Load machine hours into workstations.
• D) Track WIP quantity by location by shop-order to accounting.
• E) Convey shop-order status information to the office.

---

Definitions:

Insolvency

The financial state in which an individual or company cannot meet their due debt obligations due to a lack of sufficient assets or funds.

Leverage

The use of borrowed capital or financial derivatives to increase the potential return of an investment.

IPO

An Initial Public Offering (IPO) is the process by which a private company offers shares to the public in a new stock issuance, allowing it to raise capital from public investors.

Public Investors

Individuals or entities that invest their money in publicly traded securities, such as stocks and bonds, available on the open market.