Which One of the Following Statements on the Concept of Gaining

question 222

Multiple Choice

Which one of the following statements on the concept of gaining focus is best?

• A) Focused factories maximize the amount of customization.
• B) Small sizes of many focused factories make it difficult to compete on the basis of shorter lead times.
• C) Plants within plants are different operations within a facility that can have individualized competitive priorities and processes.
• D) Focused factories are large factories producing all the products that the company offers.

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Definitions:

Inputs

Resources used in the production process, including labor, capital, materials, and energy.

Budget

An estimation of revenue and expenses over a specified period.

Isocost Line

Graph showing all possible combinations of labor and capital that can be purchased for a given total cost.

Input Combinations

The various mixes of inputs or factors of production a firm can use to produce a given level of output.