Swift Move Facilities Manufacturers Two Different Bicycle Models

question 148

Multiple Choice

Swift Move Facilities manufacturers two different bicycle models. The company produces a high volume of products using standardized production runs. The company does very little product customization. Swift Move uses what type of technology structure?

• A) Service production
• B) Mass production
• C) Large-batch production
• D) Small-batch production
• E) Continuous process production

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Definitions:

Book Balance

The balance in a financial account according to a company's accounting records, not necessarily reflective of available funds.

Statement of Cash Flows

A report detailing the total cash received by a company from its operational activities and external investments, alongside the total cash expenditures for business activities and investments over a specific time frame.

Net Sales Revenue

The amount of revenue from sales of goods or services after subtracting returns, allowances for damaged or missing goods, and discounts.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.