ZuTech Makes Sensitive Monitors for Measuring Exposure to Hazardous Materials

question 163

Multiple Choice

ZuTech makes sensitive monitors for measuring exposure to hazardous materials.ZuTech has suffered substantial losses when moving products from the assembly line to the warehouse and shipping docks.ZuTech should consider reducing the number of times an item is moved in the warehouse by installing a(n) :

• A) inventory control system
• B) materials-handling system
• C) safety procedure to manage SKUs
• D) order-processing system
• E) outsourcing system

Identify the factors influencing bond yields and prices in the secondary market.

Understand the principles and goals of JIT systems and partnerships.

Recognize the importance of reducing setup times and costs to achieve small lot production.

Identify the types of waste in a production system and understand the concept of value-added activities.

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Definitions:

Inferior Good

A type of good for which demand decreases as the income of consumers increases, opposite to normal goods.

Income Decreases

A situation where individuals or households experience a reduction in earnings, affecting their purchasing power and economic stability.

Demand

The volume of goods or services that consumers are ready and financially able to buy at several prices over a designated period.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price, at a specific time.