Match the Performance Objectives with One of the Influences of Good

question 49

Multiple Choice

Match the performance objectives with one of the influences of good process design: Can provide the appropriate resources, which are capable of producing to the design specification.

• A) Quality
• B) Flexibility
• C) Speed
• D) Dependability
• E) Cost

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Definitions:

Useful Life

The estimated duration over which an asset is expected to be useable by the owner, affecting its depreciation calculations.

Original Estimate

The initial projection or calculation of the cost or duration of a project.

Plant Asset

Long-term physical assets used in the operation of a business that are not intended for resale, such as buildings, machinery, and equipment.

Competitive Advantage

A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.