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All other things the same, if a company uses long-term debt to purchase land to develop in the future, the company's return on total assets will decrease.
Product-oriented Layout
A facility layout design where resources and equipment are arranged according to the sequence of operations required to produce a specific product efficiently.
Equipment Utilization
the extent to which machinery and equipment are employed in production, usually measured as a percentage of available time used.
Stability of Demand
The extent to which demand for a product or service is consistent and predictable over time.
Product-oriented Layout
A layout where workstations and equipment are arranged based on the sequence of operations needed to produce a specific product efficiently.
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