CAD, in the Context of Manufacturing Flexibility, Refers To

question 6

Multiple Choice

CAD, in the context of manufacturing flexibility, refers to?

• A) Computer aided drafting
• B) Computer aided design
• C) Computer aided division
• D) Computer aided detailing

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Definitions:

Goods In Bailment

Items that are temporarily transferred into another's custody for a specific purpose, but ownership is not transferred.

Risk Of Loss

The potential for an asset to be lost, damaged, or destroyed, impacting its owner's financial position.

Goods-In-Bailment Contract

An agreement where personal property is transferred temporarily into the custody of another for a designated purpose.

Negotiable Document

A document guaranteeing the transfer of certain rights which can be transferred from one party to another through endorsement or delivery.