In Intermittent Manufacturing System the Goods Are Produced for __________

question 13

Multiple Choice

In intermittent manufacturing system the goods are produced for __________.

• A)storing.
• B)processing.
• C)order.
• D)own consumption.

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Definitions:

Efficient Scale

The level of production that minimizes the average total cost of producing a good or service.

Positive Profit

Earnings that exceed the total costs and expenses associated with producing or providing a service or product.

Maximum Profit

The highest possible financial gain that a firm can achieve in a given period, determined by optimizing production and sales while minimizing costs.

Efficient Scale

The level of production at which the average total cost of production is minimized, allowing a firm to achieve the optimal distribution of resources.