Which Materials-Processing Technology Gives the Advantage of Precision, Accuracy, and Optimum

question 41

Multiple Choice

Which materials-processing technology gives the advantage of precision, accuracy, and optimum use of cutting tools, which maximises their life and higher labour productivity?

• A) NC (and CNC) machine tools
• B) Flexible manufacturing systems (FMS)
• C) Industrial robots
• D) Computer-integrated manufacturing (CIM)

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Definitions:

Issued Capital

The total value of the shares that have been issued by a company and are held by shareholders, representing the initial capital paid into the business.

Retained Earnings

This is the amount of net income left after a company has paid out dividends to its shareholders, typically reinvested in the business or held as a reserve.

Goodwill

An intangible asset that arises when a company acquires another company for a price higher than the fair market value of its net assets, representing future economic benefits.

Investment in Subsidiary

A financial stake held by a parent company in a subsidiary, characterized by ownership of more than 50% of the subsidiary's voting stock.