Which of the Following Management Processes Is Used to Determine

question 60

Multiple Choice

Which of the following management processes is used to determine how workers can perform their tasks more efficiently?

• A)Time and motion studies
• B)Resource assessments
• C)Workload analyses
• D)Systems analyses
• E)Cost­benefit analyses

---

Definitions:

Optimal Order Size

The quantity that minimizes the total cost of inventory, including holding and ordering costs.

Annual Inventory Cost

The total cost associated with storing and maintaining a company's inventory over one year, including warehousing and insurance.

Maximum Inventory Level

The highest amount of inventory a business can hold to efficiently meet customer demand while minimizing holding costs.

Setup Cost

The expenses incurred to prepare and equip a process, production line, or machine to manufacture a new product batch or order.