Which of the Following Is a Manufacturing Innovation

question 2

Multiple Choice

Which of the following is a manufacturing innovation?

• A) Robotics.
• B) Laser cutting.
• C) New materials and bonding methods.
• D) Each answer is a manufacturing innovation.

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Definitions:

Inventory Turnover Ratio

A metric indicating how often a company sells and replaces its stock of goods during a particular period.

Days' Sales

A financial ratio that calculates the average time it takes for a company to convert its inventory into sales.

Physical Inventory

A process where a business counts its entire inventory by hand at a specific point in time.

Balance Sheet

A financial statement that provides a snapshot of a company's financial condition at a specific moment in time, showing its assets, liabilities, and shareholders' equity.