Which One of the Following Is Not an Example of a Basic

question 18

Multiple Choice

Which one of the following is not an example of a basic facility layout?

• A) fixed-position
• B) mixed-model
• C) product
• D) process

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Definitions:

Empirical Measure

A method or metric based on observation and experience rather than theory or pure logic.

Bottom-Up Planning

A planning approach where strategies and goals are defined at lower levels of the organization before being aggregated to define overall corporate strategies.

Top-Down Planning

Business planning based on a set of goals forced on the organization by senior management. Top-down planning has a tendency to lead to excessively optimistic plans.

Conservative

An investment strategy or approach that prioritizes preservation of capital and moderate growth, typically with lower risk.