A Difference Between Project and Continuous Flow Categories of Process

question 51

Multiple Choice

A difference between project and continuous flow categories of process flow structures is which of the following?

• A) The size and bulk of the product
• B) Discrete parts moving from workstation to workstation
• C) Degree of equipment specialization
• D) Being a "virtual factory"
• E) Profit per unit

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Definitions:

Ordinary Holder

In financial terms, an average investor or party holding financial instruments, securities, or other assets under normal circumstances.

HDC

Refers to a Holder in Due Course, a legal term describing a party that has acquired a negotiable instrument under certain conditions, protecting them against certain defenses.

Presentment Warranties

Guarantees made by the presenter of a negotiable instrument that certain facts are true at the time of negotiation.

Altered Instrument

A legal term referring to a document, particularly a negotiable instrument, that has been illegally modified in a way that changes its original terms.