Which of the Following Is Not an Advantage of Batch

question 17

Multiple Choice

Which of the following is not an advantage of batch production?

• A)frequent changes in product mix
• B)flexibility
• C)customization of output
• D)quality reputation

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Definitions:

Housing Market

The market segment related to buying, selling, and renting residential properties.

Convergence

The phenomenon where the futures price of a commodity tends to approach the spot price as the contract expiration date nears.

Margin

The practice of buying an asset by using funds borrowed from a broker, often used in stock trading to leverage investments.

Futures Contract

A standardized legal agreement to buy or sell a specific commodity or financial instrument at a predetermined price at a specified time in the future.