What Type of Graphic Illustrates Changes in Data Over Time

question 39

Multiple Choice

What type of graphic illustrates changes in data over time?

• A)Line chart
• B)Flowchart
• C)Pie chart
• D)Table

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Definitions:

Competitive Advantage

The conditions that allow a company or country to produce goods or services more effectively than competitors, leading to greater profits and market share.

JIT

Just-in-Time is a management strategy that aligns raw-material orders from suppliers directly with production schedules, aiming to reduce inventory costs.

Setup Costs

Setup Costs are the expenses incurred to prepare equipment, machinery, or systems for a manufacturing process or a batch of production.

Inventory

Represents the goods and materials that a business holds for the ultimate goal of resale, production, or utilization in manufacturing.